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$550,000

413 State Highway 323 E, Overton, TX, 75684

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,798 Sq Ft
price_per_sqft$196.57 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringOther

Exterior

Lot Size27,656 sqft

Building Information

Year Built1982

Land Information

APN14889
Lot Number3,5
Land UseCommercial
Legal DescriptionPT LT 3 BLK 141 ORIGINAL & PT OF LT 5 BLK 142 ORIG AB 789 W G TUTT SUR ACROSS SH 323 FROM LT 3 BLK 141 OVERTON ORIGINAL
Census Tract950400
Assessed Land Value$26,760
Assessed Improvement Value$207,680
Assessment Year2024

About this property

Exceptional opportunity to own a well-established childcare facility and operating business located at 413 SH 323, Overton, TX.The facility features multiple spacious classrooms activity rooms, approximately four restrooms, a full kitchen, administrativespace, and dedicated areas designed to support daily childcare operations. Outside, children can enjoy a fenced playground,open patio, and outdoor play areas that provide ample roomfor recreation and learning. Currently operating as a licensedchildcare center, the business has an established presence in the Overtoncommunity and is licensed to serve up toapproximately 53 children (buyer to independently verify licensing and transfer requirements with the appropriate governingagencies). Founded in 2017, the center has built a strong reputation for providing quality early childhood education in awelcoming, family-focused environment. Conveniently located along State Highway 323, the property offers excellentaccessibility for families throughout Overton and the surrounding East Texas area. Whether you're an experienced childcareoperatorl looking to expand or an investor seeking a turnkey business opportunity, this property offers an excellent combinationof real estate,established operations, and community recognition.

Investor Tools

$309,570Estimated Mortgage Balance
$234,440Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Melissa Sanches

TX Real Estate Queen & Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,512
$234,440
2024
$26,760
$207,680
$234,440
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,512
$234,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Regional Bank
Commercial
$339,000
No
First
Dec 3, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,570
N/A
0%
132%
$2,033/mo

City: Overton

413 State Highway 323 E | Property Details | No Agent List