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Days403Days on Market
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$295,000

207 Katy Street, Lone Oak, TX, 75453

On MarketInfo
CommercialInfo
Baths1,794 Sq Ft
RetailRetail
Year BuiltBuilt in 1990

Highlights

Interior

FlooringConcrete

Exterior

Lot Size1,816 sqft

Building Information

Year Built1990
Stories1
Roof Type112

Land Information

APN4395-0010-0030-51
Lot Number3
SubdivisionOrig Town Of Lone Oak
Land UseCommercial
Legal DescriptionS4395 ORIG TOWN OF LONE OAK BLK 1 LOT 3 ACRES .0417
Census Tract960700
Assessed Land Value$9,080
Assessed Improvement Value$56,830
Assessment Year2025

About this property

Discover the commercial potential of 207 Katy Street, Lone Oak, TX! Situated downtown, this 1,794 sq ft property once thrived as a grocery store and grille. With its open layout and original walk-in refrigerator, it's perfect for creative business ventures. Zoned for General Retail, the possibilities are endless in this vibrant location!

Investor Tools

$0Estimated Mortgage Balance
$65,910Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Shannon Smith

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,415
$65,910
2025
$9,080
$56,830
$65,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,415
$65,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$65,910
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.

Explore Texas Explore This Area
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: Lone Oak

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207 Katy Street | Property Details | No Agent List