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$105,000

400 S Main Street, Jasper, TX, 75951

PendingInfo
Beds— Beds
Baths— Bath
Baths3,108 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size9,453 sqft

Building Information

Year Built2001

Land Information

APN002900013800
SubdivisionBlackshear
Land UseCommercial
Legal DescriptionLOT PT 2 BLK 10 BLACKSHEAR FKA MADEARS-ACROSS FROM CITY HALL 1167/400 0.217 ACRES
Census Tract950300
Assessed Land Value$8,129
Assessed Improvement Value$115,281
Assessment Year2025

About this property

Located in the heart of the historic downtown district of Jasper, Texas, this versatile 3,108 sq. ft. veiling on a corner lot used as commercial property offers endless possibilities! Situated on approximately 0.217+/- acres with ample parking, this former restaurant space features excellent visibility and flexible potential for investors, entrepreneurs, or homeowners alike. The commercial area includes 2 bathrooms plus an additional half bath located in the office area for added convenience. In the rear of the building, you’ll find living quarters complete with 2 additional bathrooms, making this an ideal live/work opportunity. Continue using the property as both residential and commercial, convert the entire space into a full-time residence, or redesign it into office, retail, café, boutique, or other business use. Prime corner lot location in Jasper’s charming historic downtown district with unlimited potential!

Investor Tools

$43,073Estimated Mortgage Balance
$80,337Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$740 /month
Positive
Cash Flow Estimate:
$247 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,124
$123,410
2025
$8,129
$115,281
$123,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,124
$123,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
920 Investment Llc
Open End Mortgage / Open End With Future Advance Clause
$50,050
No
First
Jun 21, 2019
Jul 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,073
$80,337
65%
35%
$301/mo

City: Jasper