Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days85Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$325,000

240 N Main Street, Childress, TX, 79201

$422,500 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths5,000 Sq Ft
price_per_sqft$65 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet

Exterior

Lot Size5,750 sqft

Land Information

APN11000-02439-00000-000000
Lot Number23,24
Land UseCommercial
Legal DescriptionOP BLK 4 LOTS 23-24 50 X 115
Census Tract950200
Assessed Land Value$2,703
Assessed Improvement Value$80,701
Assessment Year2025

About this property

Commercial building located at the corner of Main Street and Avenue C NE in downtown Childress offering strong visibility and flexible space for a variety of business uses, subject to buyer verification and applicable City requirements. The property is situated among established businesses including financial institutions, restaurants, and professional offices, and benefits from consistent traffic and central downtown positioning. The building is situated on a 50' x 115' lot and features multiple access points including front, side, and rear entrances. Interior improvements include a large open area, kitchen space, two restrooms, a private office, and a rear mezzanine for storage. Rear access supports service and loading functionality, while the front includes glass...see more... entry doors, display windows, and a canopy for visibility and presence. Recent updates include interior renovations, replacement of HVAC units in 2018 and 2022, and new sidewalks along the block completed in 2025. This property may be suitable for a variety of commercial uses including retail, office, service-oriented businesses, or food and beverage concepts, subject to zoning, permitting, and City approvals. Childress continues to experience increasing demand for commercial services driven by regional economic activity and workforce growth. Properties with this level of visibility and flexibility are limited within the downtown area. All information is deemed reliable but not guaranteed. Buyer to verify square footage, zoning, permitted uses, and all property details. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Agent, so please do not contact any of the owners directly. This property is not for Rent, not for Lease and Owner Financing is not available.

Investor Tools

Property Icon
$83,404
Estimated Property Value
$0Estimated Mortgage Balance
$44,599Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$422,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Chad Holland

Chad Holland Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,896
$83,404
2025
$2,703
$80,701
$83,404
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,896
$83,404

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust Of Childress
Open End Mortgage / Open End With Future Advance Clause
$64,713
No
First
Dec 10, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,805
$44,599
53%
47%
$388/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Childress

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

240 N Main Street | Property Details | No Agent List