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$123,410

400 S Main Street, Jasper, TX, 75951

PendingInfo
Baths0 Bath
Baths3,108 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

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

Property Icon
$123,410
Estimated Property Value
$0Estimated Mortgage Balance
$80,337Estimated Equity
100% 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

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: Jasper

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400 S Main Street | Property Details | No Agent List