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$230,000

209 N Ellis Street, Groesbeck, TX, 76642

On MarketInfo
Just AddedInfo
CommercialInfo
Baths3,100 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1976

Highlights

Interior

FlooringCarpet

Land Information

APNR7166
Lot Number8-10
Land UseCommercial
Legal DescriptionBLOCK 105 GROESBECK, LOT 008 - 010(N/2)
Census Tract970600
Assessed Land Value$9,570
Assessed Improvement Value$87,110
Assessment Year2024

About this property

Highly visible commercial property featuring excellent highway frontage and a prime location. Ideal for retail, boutique, office, or service-based businesses, this versatile building offers outstanding exposure and easy customer access. The property includes a convenient drive-thru window, ample parking, and a spacious 37' x 10' storage area to accommodate inventory, supplies, or equipment. The flexible layout provides endless possibilities for entrepreneurs and investors looking to establish or expand their business in a high-traffic area. Don't miss this exceptional opportunity to own a commercial property designed for visibility, convenience, and growth. Schedule your showing today and explore the potential this prime location has to offer.

Investor Tools

Property Icon
$96,680
Estimated Property Value
$0Estimated Mortgage Balance
$96,680Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Katherine Mcswane

McSwane Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,682
$96,680
2024
$9,570
$87,110
$96,680
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,682
$96,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,680
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.

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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: Groesbeck

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209 N Ellis Street | Property Details | No Agent List