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$225,000

500 W 3rd Street, Borger, TX, 79007

$292,500 ARVInfo
On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,000 Sq Ft
price_per_sqft$75 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size11,996 sqft

Land Information

APN12164
Land UseCommercial
Legal Description14-15 BLK 21 THOMPSON
Census Tract950700
Assessed Land Value$13,000
Assessed Improvement Value$25,900
Assessment Year2025

About this property

Prime commercial opportunity on a high-visibility corner lot! This versatile building offers a convenient drive-up window, a fully updated interior, and a flexible layout ideal for a wide range of business uses. The spacious open area is perfect for retail, service, or customer seating, complemented by several smaller office or storage rooms, a designated dining space, and a well-maintained bathroom. Recent upgrades include a newer roof, windows, paint, flooring, HVAC system, and hot water heater—providing modern comfort and efficiency. With its excellent location, contemporary updates, and adaptable design, this property is ready for your next business venture.

Investor Tools

$0Estimated Mortgage Balance
$38,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$292,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Jodina Plumley

Keller Williams Realty Amarillo

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$954
$38,900
2025
$13,000
$25,900
$38,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$954
$38,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$38,900
100%
0%
$0/mo

City: Borger

500 W 3rd Street | Property Details | No Agent List