Last 24 Hours
$375,000
NAL Estimated Property Value207 W First Street, Fort Stockton, TX, 79735
Off Market
Commercial
— Beds
— Bath
4,982 Sq Ft
$75.27 / sqftAbout this property
This property has the potential of becoming the next HOT SOPT in west Texas. Built in the late 19th century, mostly adobe, with two buildings that flank a wonderful little casita, which can be converted into a two-bedroom, one bath apartment hidden behind a high wall and with a lovely courtyard. The property is adjacent to the Fort Stockton Community Theater that has brought gentrification to the historic downtown area. The west building is currently being used as an art studio and gallery.
Investor Tools
$375,000
Estimated Property Value
$0Estimated Mortgage Balance
$375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%