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$157,090

NAL Estimated Property Value

2500 N Main St, Tahoka, TX, 79373

$204,217 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,360 Sq Ft
price_per_sqft$68.81 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size28,009 sqft

Land Information

APN3765
Land UseCommercial
Legal Description492 1 ELRR 819
Census Tract950500
Assessed Land Value$4,400
Assessed Improvement Value$152,690
Assessment Year2024

About this property

Excellent opportunity for an eager investor! NEW ROOF! Value-add motel located just off US Hwy 87, 25 miles south of Lubbock, TX at 2500 N Main St, SH Loop 472 Tahoka, TX. The property offers 12 keys, which includes a 1 bed/1 bath on-site residence and 11 1 bed/1 bath guest rooms, 550-600 sq ft each. Sitting on more than a half acre, there are also two RV hookup spaces. Guests may enter the front glass door to be greeted at a reception desk. Continuing trough a sliding door, there is a sitting room/living room/lounge to the left, and a full kitchen to the right. Further down on the right is a laundry/housekeeping room with an exterior door. Down the hall to the left is a bedroom and a full bath. Beyond the hall bathroom, there is inside access to one of the 11 guest rooms with a full bath, also featuring an exterior door. The remaining guest rooms are accessed only from the outside, along with a maintenance storage closet. The location of the motel is ideal, situated along US Hwy 87 which runs from northern Montana to the Texas gulf coast. In Texas, US 87 is a north-south highway that begins at the Gulf Coast in Port Lavaca, Texas and heads north through San Antonio, Fredericksburg, Brady, San Angelo, Big Spring, Lubbock, Amarillo, and Dalhart to the New Mexico border near Texline. Tahoka, Texas is 30 miles south of Lubbock, a thriving hub of commerce and culture, and 90 miles from Midland, a city at the heart of the Permian Basin, known for its oil-rich landscapes and economic opportunities and the The Landman series! Don't miss out on this incredible investment opportunity.

Investor Tools

Property Icon
$157,090
Estimated Property Value
$0Estimated Mortgage Balance
$157,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$204,217
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,738
$157,090
2024
$4,400
$152,690
$157,090
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,738
$157,090

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$157,090
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: Tahoka

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