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$577,850

NAL Estimated Property Value

3090 W Highway 199, Springtown, TX, 76082

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths7,200 Sq Ft
Year BuiltBuilt in 2005

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size10.02 acres

Building Information

Year Built2008

Land Information

APN20266-007-000-00
Land UseCommercial
Legal DescriptionACRES: 10.020 ABST: 266 SURVEY: CUTBIRTH WM TR: BLK: SURV: WM CUTBIRTH
Census Tract140410
Assessed Land Value$230,400
Assessed Improvement Value$347,450
Assessment Year2025

About this property

Owner will carry first. Call agent for details This property features a total of 70 storage units, including 20 (5x10) units, 30 (10x10) units, and 20 (10x20) units, along with 2 spacious metal shops. The current configuration generates a possible monthly income of $8,025 or more, offering a solid investment opportunity with existing cash flow. Located just outside city limits on 4 fully fenced acres, this site has plenty of room for future expansion—ideal for adding more storage units, additional shops, or even RV & boat parking. This properties current CAP rate is almost 10%. Very low maintenance.

Investor Tools

Property Icon
$577,850
Estimated Property Value
$127,348Estimated Mortgage Balance
$450,502Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$944/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$577,850
2025
$230,400
$347,450
$577,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$577,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$254,750
No
First
Feb 16, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,348
$450,502
77%
22%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Springtown

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3090 W Highway 199 | Property Details | No Agent List