$415,000
411 E 6th Street, Hereford, TX, 79045
On Market
Commercial
Highlights
Interior
Exterior
Lot Size1.01 acres
Land Information
APN4721
Lot Number1
Land UseCommercial
Legal DescriptionWHITEHEAD, BLOCK 1, LOT 1 (W200')
Census Tract950500
Assessed Land Value$131,980
Assessed Improvement Value$349,630
Assessment Year2024
About this property
Don't miss out on this great commercial property in the heart of Hereford! The main building was used as a funeral home, but it also has the potential to be utilized as office space, a church building, or a number of other things! This property includes a large chapel area, office spaces, break room, and lots of storage areas! The property also includes a six car garage, carport, and a house with an efficiency apartment attached. The possibilities are endless with this property!
Investor Tools
$0Estimated Mortgage Balance
$481,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,890 /month
Positive
Cash Flow Estimate:
$963 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,207/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,080
$481,610
2024
$131,980
$349,630
$481,610
No
Tax History
Year
Tax Paid
Assessed Value
2022
$12,080
$481,610
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$481,610
100%
0%
$0/mo
