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$28,080

NAL Estimated Property Value

203 E Commerce Street, Richland Springs, TX, 76871

Off MarketInfo
Beds— Beds
Baths— Bath
Baths198 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesStorage
Lot Size13,329 sqft

Building Information

Year Built1980

Land Information

APN7941
Lot Number24-26
Land UseCommercial
Legal DescriptionOLD TOWN RS BLOCK 9 LOTS 24,25,26,PT 27, PT 28,PT 29,PT 30 DEER PROCESSING
Census Tract950200
Assessed Land Value$3,480
Assessed Improvement Value$24,600
Assessment Year2025

About this property

The .32-acre lot located at 203 E. Commerce Street in Richland Springs, Texas, offers a unique opportunity for both residential and commercial prospects. Nestled within city limits, this parcel boasts essential amenities including city sewer, water, and electric services, ensuring a seamless transition for development. The presence of trees adds to the aesthetic value of the property, while the existing survey provides a clear boundary definition. Additionally, the lot features a small building suitable for deer processing and the availability of fiber optic internet, catering to modern connectivity needs. This combination of features makes it an attractive option for those looking to invest in a versatile property.

Investor Tools

Property Icon
$28,080
Estimated Property Value
$0Estimated Mortgage Balance
$28,080Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$541
$28,080
2025
$3,480
$24,600
$28,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$541
$28,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$28,080
100%
0%
$0/mo

City: Richland Springs

203 E Commerce Street | Property Details | No Agent List