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$1,450,000

NAL Estimated Property Value

4418 S Hwy 237, Round Top, TX, 78954

$1,516,250 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,294 Sq Ft
price_per_sqft$632.08 / sqft
Year BuiltBuilt in 1997

About this property

INCOME-PRODUCING PROPERTY: 1.56 acre property, perfectly located on FM 237, in the heart of the Warrenton shopping corridor. Conveniently situated, next to Ya Ya Gurlz and The Dugout, this tract is currently leased for the Fall 24 show. The property has approximately 456' of frontage on FM 237 and includes two entrances, which allows for pull-thru access. INSIDE: This property currently has 3 indoor lease spaces. 1) A charming country farmhouse currently used by The Grapevine. This space has two front doors so, with a slight modification, it could be leased to two different venders. 2) Large restaurant facility most recently used by a Seafood Restaurant but was occupied by a BBQ vender in the past. This has indoor and outdoor dining space. RECENTLY COMPLETED: The seller recently added four BnB spaces. A duplex, and two separate cottages. OUTSIDE: 12 permanent, covered retail spaces, w/plenty of room to add more spaces along FM 237. The septic system was replaced in August 2022.

Investor Tools

Property Icon
$1,450,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,450,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,516,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

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

City: Round Top

4418 S Hwy 237 | Property Details | No Agent List