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$1,050,000

416 E Kennedale Parkway, TX, 76060

On MarketInfo
Just AddedInfo
CommercialInfo
Baths3,612 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1981

Highlights

Interior

FlooringConcrete

Exterior

Lot Size19,371 sqft

Building Information

Year Built1981

Land Information

APN2930--32R
Lot Number32R
SubdivisionBoaz, Ca Subd Of J B Renfro
Land UseCommercial
Legal DescriptionBOAZ, CA SUBD OF J B RENFRO LOT 32R
Census Tract111405
Assessed Land Value$67,812
Assessed Improvement Value$257,188
Assessment Year2025

About this property

The property at 416 E. Kennedale Parkway presents a lucrative investment opportunity, particularly for those seeking a versatile commercial space. Priced at $1,050,000, this 3,612-square-foot building, set on a 0.445-acre lot, is uniquely positioned for continued success as an auto body shop or for adaptive reuse in retail, restaurant, or office applications. Grandfathered for auto body use and secured with lease agreements until mid-2026, the property ensures immediate and stable income potential. Significant renovations in 2016, including upgraded electrical systems, remodeled bathrooms, and office improvements, have modernized the space to meet contemporary needs. Its prime location, 0.5 miles from Kennedale Town Center and near major highways I-20 and I-820, guarantees high visibility with a daily traffic count of over 10,000 vehicles. Additionally, the area’s 7.75% annual population growth and median income of $117,293 indicate strong market fundamentals. With seven bays, ample parking, and proximity to established businesses like Advance Auto Parts and Texaco, this property combines functionality, location, and growth potential to appeal to investors and business owners alike.

Investor Tools

$560,406Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

Interested in this property?

Starria McLaughlin

OnDemand Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,458
$325,000
2025
$67,812
$257,188
$325,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,458
$325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mohammad Jamil Etux
Unknown
$700,000
No
First
Nov 2, 2016
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$560,406
N/A
0%
172%
$4,197/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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: Kennedale

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416 E Kennedale Parkway | Property Details | No Agent List