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Days60Days on Market
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$199,000

290 N County Road 1040, Kingsville, TX, 78363

$258,700 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,490 Sq Ft
BusinessBusiness
price_per_sqft$57.02 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,780 sqft

Building Information

Year Built2000

Land Information

APN11731
Land UseCommercial
Legal DescriptionK T & I CO, BLOCK 45, LOT PT 19, OUT OF 20, (TEX-MEX COUNTRY/RICARDO FOOD MART), ACRES .5
Census Tract020102
Assessed Land Value$10,890
Assessed Improvement Value$322,570
Assessment Year2025

About this property

Exceptional investment opportunity on a high-visibility 0.5-acre lot featuring two standalone commercial buildings. This versatile property includes a fully built-out restaurant space and a separate convenience store, offering multiple income streams or the flexibility for an owner-user to occupy one business while leasing the other. The restaurant building is designed for efficient service and customer flow, with ample space for dining, kitchen operations, and storage. The adjacent convenience store provides steady foot traffic potential and is well-positioned for grab-and-go retail, beverages, and everyday essentials. Situated on a spacious half-acre, the property allows for generous parking, easy access, and strong curb appeal—ideal for attracting both local customers and pass-through traffic. The dual-building layout creates operational separation while maximizing the functionality of the site. Whether you’re an investor seeking diversified rental income, an entrepreneur looking to expand your portfolio, or a business owner ready to establish a flagship location, this property delivers flexibility, visibility, and long-term upside. Don’t miss this rare chance to own a multi-use commercial asset with built-in potential for growth.

Investor Tools

Property Icon
$333,460
Estimated Property Value
$0Estimated Mortgage Balance
$333,460Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$258,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,001 /month
Positive
Cash Flow Estimate:
$667 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,291
$333,460
2025
$10,890
$322,570
$333,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,291
$333,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$333,460
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.

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: Kingsville

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