$1,500
500 Garmon Dr, Early, TX, 76802
On Market
Commercial
Highlights
Interior
FlooringConcrete
Exterior
Lot Size26,484 sqft
Building Information
Year Built2008
Land Information
APN20016699
SubdivisionPatrick Sullivan Survey 17 Abstract
Land UseCommercial
Legal DescriptionPATRICK SULLIVAN, SURVEY 17, ABSTRACT 827, ACRES .608
Census Tract951200
Assessed Land Value$35,750
Assessed Improvement Value$63,980
Assessment Year2025
About this property
Newly remodeled commercial building ready for its new tenant. This building is perfect for a small boutique retail shop, office, studio, or professional service provider. Located at Buffalo Trail and HWY 183 or Garmon Dr. with a high daily traffic count and easy access. Lots of room to park with a lot size of 0.60 acres.
Investor Tools
$23,645Estimated Mortgage Balance
$76,085Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$598 /month
Positive
Cash Flow Estimate:
$199 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,219
$99,730
2025
$35,750
$63,980
$99,730
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,219
$99,730
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$32,000
No
First
Jul 14, 2014
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,645
$76,085
76%
24%
$192/mo
