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$248,220

3403 Us Highway 259 N, Kilgore, TX, 75662

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths1 Bath
Baths1,016 Sq Ft
OfficeOffice
price_per_sqft$137.7 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size36,590 sqft

Building Information

Year Built1950
Stories1
Roof Type109
Garage Spaces2

Land Information

APN0187010000-009-00-04
SubdivisionHester Wm Sur
Land UseResidential
Legal DescriptionAB 100 W HESTER SUR TR 9
Census Tract010700
Assessed Land Value$182,950
Assessed Improvement Value$65,270
Assessment Year2025

About this property

Versatile Residential or Commercial Property with Highway 259 Frontage – Endless Potential in Kilgore! Welcome to 3403 US Hwy 259, a unique property offering exceptional visibility and flexibility for your next investment. Previously used as a 3-bedroom, 1-bath home and rental property, this location is now zoned commercial, making it an ideal site for either residential living or a new business venture. Situated on a generous 0.84-acre lot with valuable road frontage along Hwy 259, this property provides the perfect foundation for a variety of uses. The lot size offers ample space for a large parking area, new construction for a franchise, retail shop, office space, or service-based business, or continued use as a private residence or income-producing rental. Take advantage of the high traffic counts and strong community presence in this growing area of Kilgore. Whether you’re looking to repurpose the existing structure for a business or maintain it as a home, this prime location ensures maximum visibility and accessibility. Don’t miss this rare opportunity to secure a well-positioned property with endless possibilities for both residential and commercial use!

Investor Tools

Property Icon
$248,220
Estimated Property Value
$82,450Estimated Mortgage Balance
$169,642Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,489 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,758
$248,220
2025
$182,950
$65,270
$248,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,758
$248,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Building Or Construction Loan
$82,450
No
First
Oct 6, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,578
$169,642
68%
32%
$495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,133/mo
$495/mo
+$638/mo
5.5%

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: Kilgore

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3403 Us Highway 259 N | Property Details | No Agent List