Last 24 Hours
$1,081,520
NAL Estimated Property Value2200 Seymour Highway, Wichita Falls, TX, 76301
Off Market
Commercial
— Beds
— Bath
30,625 Sq Ft
Industrial
Built in 1955Highlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableFlooringConcrete
Exterior
Lot Size2.48 acres
Building Information
Year Built1955
Land Information
APN4530 013 00
SubdivisionAbst. 300 - J
Land UseIndustrial
Legal Description2.481 AC A-300 - J
Census Tract011000
Assessed Land Value$96,146
Assessed Improvement Value$985,374
Assessment Year2025
About this property
15.94% Levered IRR over the life of the lease. First year Cap Rate of 7.14%, Cash on Cash 10.32%. Long-term tenant in place that moved in 2010. New lease through Jan 2025 with annual rent escalations. Owner financing available. New Roof in 2018. Lot size permits room to expand. Call me today for additional information.
Investor Tools
$1,081,520
Estimated Property Value
$739,086Estimated Mortgage Balance
$342,434Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,489 /month
Positive
Cash Flow Estimate:
$2,163 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,538/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,049
$1,081,520
2025
$96,146
$985,374
$1,081,520
No
Tax History
Year
Tax Paid
Assessed Value
2024
$25,049
$1,081,520
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Java Properties Llc
Unknown
$796,000
No
First
Jul 28, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$739,086
$342,434
31%
68%
$4,773/mo
12.4%