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$377,150

NAL Estimated Property Value

3955 Us Highway 60, Hereford, TX, 79045

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,947 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10 acres

Land Information

APN5615
Land UseCommercial
Legal DescriptionBLOCK K-3 SECTION 42 TR L 10 AC OUT OF NW/4, 10 AC, A-1196
Census Tract950600
Assessed Land Value$290,000
Assessed Improvement Value$87,150
Assessment Year2024

About this property

Highway 60 Frontage with a Highway crossing in front. An opportunity to own approximately +/-10 Acres of unrestricted property for your business. There is access to the property from Highway 60 as well as 15th Street. The property is fenced on 3 of the 4 sides. 15th street needs fencing. There is a building on the property with a storefront with 2 office and service counter entry and living quarters. Attached is a shop workspace for large equipment servicing. There are 3 service bays with service entrance doors with concrete floors. The building is a metal building. There is a storage shed on the West side. The property is located out of the city limits. There is a well on the property as well as electricity. Schedule your private showing today.

Investor Tools

Property Icon
$377,150
Estimated Property Value
$0Estimated Mortgage Balance
$377,150Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,263 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,636
$377,150
2024
$290,000
$87,150
$377,150
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,636
$377,150

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,150
100%
0%
$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: Hereford

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3955 Us Highway 60 | Property Details | No Agent List