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$120,000

302 S Tallmage Avenue, Happy, TX, 79042

On MarketInfo
Just AddedInfo
Baths1 Bath
Baths2,320 Sq Ft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms 1Bathrooms 1

Exterior

Lot Size31,363 sqft

Building Information

Garage Spaces1

Land Information

APN20382
Lot Number6-10
Land UseCommercial
Legal DescriptionBLK 32 LT 6-9 & N/2 LT 10 OT HAPPY
Census Tract950200
Assessed Land Value$5,060
Assessed Improvement Value$28,690
Assessment Year2025

About this property

This property features two metal shops with spray foam insulation situated on approximately .72 acres in Happy, Texas. Conveniently located just off Highway 87, the property has access to both city water and sewer and is wired to accommodate a manufactured home or new construction. Buyers should verify approved uses and restrictions with the City of Happy. The larger shop measures 30x40 and includes a full bathroom. Built in 2020, it features 16-foot sidewalls, spray foam insulation, and power hookups for an RV. The second shop measures 24x30 and was updated in 2020 with spray foam insulation and electrical service. Metal posts have also been installed to help identify the property boundaries.

Investor Tools

$0Estimated Mortgage Balance
$33,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

Interested in this property?

Cornerstone Realty Group

RockOne Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$74/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$714
$33,750
2025
$5,060
$28,690
$33,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$714
$33,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$33,750
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: Happy

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302 S Tallmage Avenue | Property Details | No Agent List