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$70,000

203 N Austin St, Ranger, TX, 76470

Under ContractInfo
CommercialInfo
Baths0 Bath
Baths896 Sq Ft
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size5,271 sqft

Building Information

Year Built1940

Land Information

APN12671
SubdivisionOt Ranger
Land UseCommercial
Legal DescriptionPT OF 7 & 8 BLK 14 OT RANGER
Census Tract950100
Assessed Land Value$2,430
Assessed Improvement Value$11,380
Assessment Year2025

About this property

Good commercial location across the street from the Post Office in downtown Ranger. Property is a half of a block with alley access and streets on two sides. Two buildings and a spot for another building. the main brick building has had many upgrades in recent years including metal roof, plumbing, and wiring. It is an open space with one room for an office and one bathroom. The other building is great for storage or to run a separate business out of. This is a great opportunity for someone needing a place for an office, hair and nail salon, hamburger or doughnut shop, retail, Plumbing, or electrical office. The opportunities are endless! It is currently used for a resale business and the inventory is available to go with the property. Give us a call today for your personal tour.

Investor Tools

$5,820Estimated Mortgage Balance
$6,652Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$26/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$246
$12,430
2025
$2,430
$11,380
$13,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$246
$12,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Millard W Herweck Jr
Seller Carryback / Seller Financing / Seller Take-Back
$7,000
No
First
Feb 2, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,820
$6,610
53%
47%
$42/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: Ranger

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203 N Austin St | Property Details | No Agent List