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Days225Days on Market
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$1,200,000

215 E College, Pleasanton, TX, 78064

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,264 Sq Ft
price_per_sqft$367.65 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size8,189 sqft

Land Information

APNR214488
Lot Number4,254
Land UseResidential
Legal DescriptionPLEASANTON-ORIGINAL LOT 254 LOT 4 0.188
Census Tract960403
Assessed Land Value$2,460
Assessed Improvement Value$22,030
Assessment Year2025

About this property

This is a rare opportunity to own property in the middle of Pleasanton, Texas with Atascosa River frontage. The land consists of over 3 acres that sits off of US 281. It also has frontage on College Street, Chapman Street and E. Adams Street which accesses the city park just across the road from the north side. Historically the property has been used for a mechanic shop for 18 wheelers and more recently as an industrial fabrication/welding shop. The building that has been improved and added onto over the years is approximately 3200 square feet. There is also an older home on the property that the owner had plans to refurbish for an office. The older residence has city water and sewer available to the structure. The commercial building does not have city water and sewer to it at this time, but can easily be hooked up. There is 3 phase electricity to the shop. There are also two shallow water wells on the property in need of repair. The remaining acreage along the 375 ft of river frontage has a scattering of oaks, pecan, mesquite, and hackberry trees, with an occasional deer or 2 with other wildlife that travel through. This unique commercial property is in an area that is seeing a major growth spurt. Pleasanton, Texas is going through a complete master plan to revitalize the historic main street just a block from this property. There are proposals to revamp older buildings, as well as new construction to bring in more shops and eateries. There could not be a better time to invest in an area that has so much potential.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$0Estimated Mortgage Balance
$169,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Shawn Smith

Victory Ranch Sales, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$343
$24,384
2025
$2,460
$22,030
$24,490
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$343
$24,384

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$169,000
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: Pleasanton

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215 E College | Property Details | No Agent List