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$662,270

NAL Estimated Property Value

2307 Live Oak St, Commerce, TX, 75428

Off MarketInfo
Beds— Beds
Baths— Bath
Baths520 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size2.00 acres

Building Information

Year Built1990
Stories1
Garage Spaces42

Land Information

APN0219-0070-0000-31
SubdivisionCurlin William
Land UseCommercial
Legal DescriptionA0219 CURLIN WILLIAM,TRACT 7, ACRES 1.996
Census Tract960100
Assessed Land Value$130,420
Assessed Improvement Value$531,850
Assessment Year2025

About this property

Check out this fantastic investment opportunity in Commerce TX! This meticulously maintained self-storage facility with warehouse storage and office or manager's house is perfectly located on a wide city street just minutes from the Texas A&M-Commerce campus. Self-storage comprises 38 10'x20' units & 1 20'x20' unit, of which 37 are currently rented. A separately metered 4,000 sf warehouse is subdivided into 2 40'x50 units with a 15'x10' covered front porch, roll-up and walk doors. There is a recently improved 520 sf tiny home that can serve as an office or on-site manager's house and is also separately metered. Security lighting, pipe fencing and a 13,000 sf gravel parking area round out the improvements. There is room on the 2 acre lot to expand by adding additional self-storage units as well. Cash flow could easily double by leasing the currently vacant warehouse. All info deemed reliable but to be verified by buyer or buyer's agent. Warehouse currently listed for lease MLS #20550358

Investor Tools

Property Icon
$662,270
Estimated Property Value
$297,671Estimated Mortgage Balance
$364,599Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,784
$662,270
2025
$130,420
$531,850
$662,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,784
$662,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Commercial
$315,000
No
First
May 1, 2023
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,671
$364,599
55%
45%
$1,889/mo

City: Commerce

2307 Live Oak St | Property Details | No Agent List