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$1,450,000

2715 W Main St, Gun Barrel City, TX, 75156

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,978 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4.20 acres

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN0488-0030-0000-53
SubdivisionAb 0488 T S Mitchell Sur
Land UseResidential
Legal DescriptionAB 488 T S MITCHELL SUR, TR 3
Census Tract950603
Assessed Land Value$123,418
Assessed Improvement Value$14,696
Assessment Year2025

About this property

Exceptional COMMERCIAL opportunity in the heart of growing Gun Barrel City! This 4+ acre property offers 593 feet of Main Street (Hwy 334) frontage near the new Pier 334 development and Hilton Tapestry Collection hotel. This location offers excellent visibility and exposure. Zoned General Business District B-2, the property presents possibilities for restaurants, a convenience store, hotel, storage facilities, and other commercial uses, subject to applicable approvals. An existing digital LED sign conveys with the sale. Valued at $95,000, the sign currently generates a reported $1,000 per month, with potential for additional revenue through expanded advertising. The rear of the property includes a deeded 325-foot elevation, with possible lake access through dredging, subject to verification and required approvals. A compelling opportunity with substantial road frontage, existing advertising income, and development potential in a growing area! The Seller is open to different proposals to divide, lease, or possible owner finance.

Investor Tools

$464,250Estimated Mortgage Balance
$427,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

Interested in this property?

Amy Weatheread

Weatheread Johnson Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$605
$138,114
2025
$123,418
$14,696
$138,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
$605
$138,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gun Barrel City Economic Devleopment Cor
Unknown
$500,000
No
First
Jul 12, 2022
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,250
N/A
0%
109%
$2,998/mo

City: Gun Barrel City

2715 W Main St | Property Details | No Agent List