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$855,000

NAL Estimated Property Value

355 N 18th Street, Beaumont, TX, 77707

Off MarketInfo
CommercialInfo
Baths26,096 Sq Ft
Multi FamilyMulti Family
price_per_sqft$38.32 / sqft
Year BuiltBuilt in 1993

Exterior

Lot Size37,322 sqft

Building Information

Year Built1993
Stories1

Land Information

APN032100-000-007600-00000
Lot Number3
SubdivisionJarrett 1
Land UseResidential
Legal DescriptionJARRETT L3 TO L10 AND ADJ S 50' OF BSL W R/W B 25
Census Tract001301
Assessed Land Value$141,081
Assessed Improvement Value$626,514
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY!! Prime location behind the Saltgrass Restaurant with extra parking. This will be a value add investment opportunity. The interior has been fully gutted with many studs replaced. New water lines have been run. New electrical has been run.Originally a 24 unit complex, 6 of which were retail, has now begun the process of changing the plans to 8, 2 bedroom residential units and 4, 3 bedroom residential units. Great Cap rate potential after renovation and leasing. Still work to be done on interior and exterior which means lots of potential! Contact your REALTOR for access and documentation on file. Will entertain any serious offers!

Investor Tools

Property Icon
$855,000
Estimated Property Value
$1,397,983Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,842/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,829
$767,595
2025
$141,081
$626,514
$767,595
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,829
$767,595

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
W Financial Reit Ltd
Commercial
$1,400,000
No
First
Apr 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,397,983
N/A
0%
164%
$8,394/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: Beaumont

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355 N 18th Street | Property Details | No Agent List