Last 24 Hours
$345,000
316 N 25 Mile Ave, Hereford, TX, 79045
Pending
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —FlooringTile
Exterior
Lot Size11,169 sqft
Land Information
APN1909
Lot Number11-13
Land UseCommercial
Legal DescriptionEVANTS BLOCK 33 HOUGHS LOT 11 - 12 (W/2) & S/2 LOT 13
Census Tract950400
Assessed Land Value$94,930
Assessed Improvement Value$33,200
Assessment Year2024
About this property
Great location on a high traffic street! Conveniently located on a corner lot, this property has great business potential and includes the lot to the north of the building that could be utilized for extra parking. This property will make a great restaurant, convenience store, or other business opportunity!
Investor Tools
$0Estimated Mortgage Balance
$128,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,168
$128,130
2024
$94,930
$33,200
$128,130
No
Tax History
Year
Tax Paid
Assessed Value
2022
$2,168
$128,130
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$128,130
100%
0%
$0/mo
12.4%