Last 24 Hours
$475,000
321 W 3rd Street, Hereford, TX, 79045
On Market
Commercial
— Beds
— Bath
8,410 Sq Ft
Built in 1950Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size24,498 sqft
Building Information
Year Built1950
Land Information
APN4501
Lot Number18-24
Land UseCommercial
Legal DescriptionHEREFORD, BLOCK 39, LOT 18-24
Census Tract950500
Assessed Land Value$49,000
Assessed Improvement Value$217,430
Assessment Year2024
About this property
Great opportunity for tons of office space in the heart of Hereford Texas! Over 8,400 sq ft. Multiple offices with parking in front & back. A beauty shop that is still open is on the west end of the building, possible extra income. Newer roof.
Investor Tools
$0Estimated Mortgage Balance
$266,430Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,845
$266,430
2024
$49,000
$217,430
$266,430
No
Tax History
Year
Tax Paid
Assessed Value
2022
$4,845
$266,430
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$266,430
100%
0%
$0/mo
12.4%