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$589,000

408 W Moore Ave, Terrell, TX, 75160

On MarketInfo
Just AddedInfo
CommercialInfo
Beds Beds
Baths Bath
Baths2,500 Sq Ft
RetailRetail
Year BuiltBuilt in 1963

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringOther

Exterior

Lot Size9,975 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.4070.0106.0002.01.06.06
SubdivisionWestern
Land UseCommercial
Legal DescriptionWESTERN BLOCK 106 LOTS 2B,2C
Census Tract050300
Assessed Land Value$79,800
Assessed Improvement Value$122,477
Assessment Year2025

About this property

Freestanding ±2,500 SF commercial property on approximately ±0.229 acres at the corner of W. Moore Ave., also known as US 80 and N. Hattie St. in Terrell, TX. The property offers prominent corridor visibility, ±77' of frontage and access from both streets, onsite surface parking, large storefront windows, multiple exterior entrances, a rear service area with an overhead rolling door, yard area and a detached storage structure. C—Commercial zoning with electricity and water connected. The existing layout may support continued service-commercial use or other retail, office or owner-user concepts, subject to applicable approvals and buyer verification. The MLS list price reflects the complete real estate and business asset offering; see Private Remarks for additional details. Financial and operating information may be available to qualified parties following execution of an NDA. Please review Private Remarks prior to scheduling or inquiry.

Investor Tools

$107,477Estimated Mortgage Balance
$94,800Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Kevin Weable

M&D CRE, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,841
$202,277
2025
$79,800
$122,477
$202,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,841
$202,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marianna Lott
Seller Carryback / Seller Financing / Seller Take-Back
$215,000
No
First
May 1, 2007
Apr 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,477
$94,800
46%
53%
$1,290/mo

City: Terrell

408 W Moore Ave | Property Details | No Agent List