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$170,000

NAL Estimated Property Value

201 South Street, Nevada, TX, 75173

$221,000 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,207 Sq Ft
BusinessBusiness
price_per_sqft$90.62 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Laminate

Exterior

Lot Size12,197 sqft

Building Information

Year Built1960
Stories1

Land Information

APNR-0951-000-065D-1
Lot Number65D
SubdivisionNevada Outlots (Cnv)
Land UseOther / Unknown
Legal DescriptionNEVADA OUTLOTS (CNV), LOT 65D
Census Tract031201
Assessed Land Value$60,000
Assessed Improvement Value$44,108
Assessment Year2025

About this property

2.3 + or - acre tract is located in the city limits of Nevada. A religious facility located in a residential zoned area. Due to its location and surroundings it is anticipated that with proper zoning a future use would be for a commercial use. Building and contents SOLD AS-IS. Owner does not have a survey. Buyer and Buyer's agent to verify accuracy of all information.

Investor Tools

Property Icon
$170,000
Estimated Property Value
$148,022Estimated Mortgage Balance
$21,978Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$221,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,507
$104,108
2025
$60,000
$44,108
$104,108
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,507
$104,108

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tic Capiral Llc
Commercial
$160,000
No
First
May 17, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,022
$21,978
12%
87%
$960/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: Nevada

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201 South Street | Property Details | No Agent List