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$150,000

212 E Sabine St, Kilgore, TX, 75662

$153,537 ARVInfo
PendingInfo
CommercialInfo
Baths2,100 Sq Ft
Year BuiltBuilt in 1926

Exterior

Lot Size17,250 sqft

Building Information

Year Built1926
Stories2

Land Information

APN0800000138-007-00-04
Lot Number7-9
SubdivisionKilgore Ncb
Land UseCommercial
Legal DescriptionLTS 7 THRU 9 NCB 138 KILGORE VAN WINKLE ACREAGE
Census Tract010700
Assessed Land Value$30,190
Assessed Improvement Value$71,140
Assessment Year2025

About this property

Historic charm. Prime location. Untapped potential. Come make your mark on downtown Kilgore. Step into a piece of Kilgore’s past with the Wade Building, a historic commercial property brimming with character and potential. Originally constructed in 1926, this iconic structure sits on a .4-acre corner lot with prime road frontage on both Sabine and Rusk Streets positioning your future business or investment at the heart of the city’s revitalization efforts. Though this is a true fixer-upper, the possibilities are endless for those with vision. Whether you're looking to preserve its legacy or breathe new life into the space, this building offers a unique opportunity to be part of Kilgore's ongoing downtown development. Please note: certain usage restrictions apply per the City of Kilgore and the Main Street program.

Investor Tools

$0Estimated Mortgage Balance
$101,330Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$153,536
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,669
$101,330
2025
$30,190
$71,140
$101,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,669
$101,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$101,330
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Kilgore

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212 E Sabine St | Property Details | No Agent List