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$225,000

242 N Main Street, Grand Saline, TX, 75140

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,875 Sq Ft
OfficeOffice
price_per_sqft$18.46 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built1930
Stories1

Land Information

APN044.3500.0010.0018.0000
Lot Number17-18
Land UseCommercial
Legal DescriptionACRES: 0.132 BLK: 10 LOT: 17 & 18 ADDN: ORIGINAL
Census Tract950200
Assessed Land Value$14,250
Assessed Improvement Value$210,750
Assessment Year2025

About this property

PERFECT LOCATION for your business on corner lot with great exposure! Lots of square footage & inside storage. 1st floor of 1625 sq ft & 2nd level has 3250 sq ft. Enter to bright natural light from the corner windows. Black-white checker board flooring, tin look ceiling and exposed brick on some of the walls add to the quaint interior style. Public parking in front.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$0Estimated Mortgage Balance
$225,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,437
$225,000
2025
$14,250
$210,750
$225,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,437
$225,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,000
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.

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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: Grand Saline

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242 N Main Street | Property Details | No Agent List