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$164,000

NAL Estimated Property Value

301 Mary Street, Frankston, TX, 75763

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,200 Sq Ft
OfficeOffice
price_per_sqft$121.03 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile

Exterior

Lot Size1.32 acres

Building Information

Year Built2017

Land Information

APN37419
SubdivisionFrankston
Land UseResidential
Legal DescriptionFRANKSTON BLOCK 44 LOT (ALL)
Census Tract950100
Assessed Land Value$37,462
Assessed Improvement Value$112,308
Assessment Year2025

About this property

Very unique multi-purpose property for sale in the city limits of Frankston TX. Inside has been finished out & set up for either two office spaces with two full baths, kitchen area open to the main area & there is also a utility room. This would also make a beautiful home & you have your business at the same location. There is also a 900 sq. ft. workshop along with an East Texas Portable building all on almost 1.5 acres right off Hwy. 155. The location is excellent & convenient to medical, dentist, convenient stores-gas, restaurants, schools, churches, shopping, Lake Palestine & walking distance to many of the locations. Hard to find a home for $149K and this can offer home & business at the same location.

Investor Tools

Property Icon
$164,000
Estimated Property Value
$165,373Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,819
$149,770
2025
$37,462
$112,308
$149,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,819
$149,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Credit Line (Revolving) / Heloc
$175,000
No
First
May 31, 2023
May 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,373
N/A
0%
101%
$1,050/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: Frankston

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301 Mary Street | Property Details | No Agent List