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$298,000

NAL Estimated Property Value

462 Fm 2795, Emory, TX, 75440

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,000 Sq Ft
price_per_sqft$12.5 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size40,859 sqft

Building Information

Year Built2023

Land Information

APN30765
Land UseAgriculture / Farming
Legal DescriptionA0137 C M LOGGINS SURVEY, .938 ACRES
Census Tract950102
Assessed Land Value$23,638
Assessed Improvement Value$54,569
Assessment Year2025

About this property

TRULY UNIQUE OPPORTUNITY!! This building was an old potato barn dating back generations. The structure has been completely rebuilt due to the tornado that blew through Emory a couple years ago.. it is just needing the roof raised! Trusses are on sight. You could convert in to a wedding venue, business or a truly unique home! It is 40X100 and the walls are all brick rebar (3 layers thick). Electric and water are already there. This building had a ton of history, and the current owner has tried to recycle as much original brick as he could. According to previous owner it's the original train station from Point, TX.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$85,670Estimated Mortgage Balance
$212,330Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$528
$78,207
2025
$23,638
$54,569
$78,207
No

Tax History

Year
Tax Paid
Assessed Value
2025
$528
$78,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Stand Alone Second / Subordinate Position
$90,195
No
First
Aug 17, 2023
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,670
$212,330
71%
29%
$541/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.

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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: Emory

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462 Fm 2795 | Property Details | No Agent List