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$119,500

217 E Main Street, Bishop, TX, 78343

$150,910 ARVInfo
On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,500 Sq Ft
price_per_sqft$79.67 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size13,112 sqft

Building Information

Year Built2016

Land Information

APN0696-0010-0050
Lot Number5-7
SubdivisionBishop T/S
Land UseCommercial
Legal DescriptionBISHOP T/S LTS 5 THRU 7 BLK 10 & ADJ ST
Census Tract006100
Assessed Land Value$11,808
Assessed Improvement Value$211,266
Assessment Year2025

About this property

odern commercial building located in the heart of Bishop, TX! Built in 2016, this 1,500 sq. ft. structure sits on a generous 13,120 sq. ft. lot with excellent visibility along East Main Street. The interior offers clean, quality finishes and is in great condition, ready for a new business or investor. Versatile layout suitable for office, retail, or service use. Ample parking space and easy access make this property a practical and appealing choice for business operations. Key Features: Year Built: 2016 Building Size: 1,500 sq. ft. Lot Size: 13,120 sq. ft. Prime East Main Street frontage Excellent condition, move-in ready Ideal for retail, office, or commercial use This is a solid opportunity to own a newer, well-maintained property in a growing commercial corridor of Bishop, Texas.

Investor Tools

$52,369Estimated Mortgage Balance
$170,705Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$150,910
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

Interested in this property?

Saquib Ahmed

Coldwell Banker Pacesetter Steel

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,947
$223,074
2025
$11,808
$211,266
$223,074
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,947
$223,074

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Unknown
$56,000
No
First
Nov 22, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,369
$170,705
76%
23%
$336/mo

City: Bishop

217 E Main Street | Property Details | No Agent List