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$65,000

201 N Main St, Childress, TX, 79201

$84,500 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths6,490 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5,467 sqft

Land Information

APN11000-02239-00000-000000
Lot Number6,10,14
Land UseCommercial
Legal DescriptionOP BLK 15 LOT 6, 5' X 14 10 OF 11, ALL 12 25 X 115 + 6.5 X 15
Census Tract950200
Assessed Land Value$2,568
Assessed Improvement Value$40,431
Assessment Year2025

About this property

Old two-story Bank Building completely burned-out years ago and has remained vacant since. Totally gutted, except for vault. No second floor remaining. Please see the Childress County Appraisal District Tax Card for the square footages of the bottom floor, top floor, and the basement. This is a clean slate to work with. Metal roofing cover. City recently just replaced all the sidewalks and curbs around this building with ADA compliant steps, ramps and handrails. You now know as much as I know about this building. Potential Buyers are recommended to view this building in person and do their own due diligence before making an offer. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY A LICENSED AGENT WITH WRITTEN PERMISSION FROM...more FROM LISTING BROKER. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to your Buyers Agent or the Listing Agent. This property is not for Rent, and not for Lease. Owner Financing with 35% cash down of $22,750 and the remainder of $42,250 financed over 36 months at 8.00% fixed....OR 60 months at 12.00% fixed may be considered.

Investor Tools

Property Icon
$42,999
Estimated Property Value
$0Estimated Mortgage Balance
$42,999Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$84,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Chad Holland

Chad Holland Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$977
$42,999
2025
$2,568
$40,431
$42,999
No

Tax History

Year
Tax Paid
Assessed Value
2025
$977
$42,999

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$42,999
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Childress

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201 N Main St | Property Details | No Agent List