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$74,000

418 E Ragley, Henderson, TX, 75652

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater

Exterior

Lot Size11,779 sqft

Building Information

Year Built1983

Land Information

APN27232
Lot Number1A
Land UseCommercial
Legal DescriptionLT 1A BLK 112 EAST RAGLEY SUB
Census Tract950900
Assessed Land Value$12,500
Assessed Improvement Value$14,040
Assessment Year2024

About this property

Don’t miss this unique opportunity to own an 1,800 sq. ft. multi-use property with income potential! This building features a 600 sq. ft. 1-bedroom, 1-bath apartment that has been generating rental income—perfect for investors or owner-occupants looking to offset expenses. The remaining 1,200 sq. ft. has been used as a shop space and offers flexible options for future use. With high ceilings and an open layout, it could easily be converted into additional residential units, office space, or continue as a workshop or studio.

Investor Tools

Property Icon
$26,540
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$444 /month
Positive
Cash Flow Estimate:
$148 /month

Interested in this property?

Michael Loosier

L4 Property Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$59/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$577
$26,540
2024
$12,500
$14,040
$26,540
No

Tax History

Year
Tax Paid
Assessed Value
2022
$577
$26,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Commercial
$45,000
No
First
Oct 3, 2023
Oct 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,887
N/A
0%
162%
$270/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Henderson

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418 E Ragley | Property Details | No Agent List