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$300,000

301 S Main, Meridian, TX, 76665

$390,000 ARVInfo
Under ContractInfo
Baths0 Bath
Baths7,259 Sq Ft
WarehouseWarehouse
price_per_sqft$41.33 / sqft
Year BuiltBuilt in 1953

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Building Information

Year Built1953

Land Information

APNR20725
Lot Number1-4
Land UseIndustrial
Legal DescriptionMERIDIAN OT/ A454 A650 A440 & A450 BLOCK 21 LOT 1-4
Census Tract950200
Assessed Land Value$31,120
Assessed Improvement Value$79,018
Assessment Year2025

About this property

Prime commercial opportunity just south of the county courthouse! This versatile property sits on just under an acre of land and features a large main structure ready to become virtually any type of business. Inside you'll find 3 bathrooms, a kitchen, and high ceilings that create a spacious, open feel. The layout is already divided up, making it easy to configure for retail, office, service, or mixed-use operations. Electric and water are connected, and the building is partially air-conditioned for comfort. A second, smaller building offers additional space, utilities not currently connected, and a third small shed completes the property, perfect for storage or equipment. Property location enjoys a convenient, high-visibility location in the heart of the Meridian. Don't miss this rare chance to put your business in a prime spot! Main building has approximately 5,400 SQFT and the smaller building has approximately 1,859 SQFT. The floor plans show how each building is divided.

Investor Tools

$0Estimated Mortgage Balance
$110,138Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$390,000
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
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,910
$110,138
2025
$31,120
$79,018
$110,138
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,910
$110,138

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,138
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: Meridian

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301 S Main | Property Details | No Agent List