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$3,995,000

504 N Oak Street, Roanoke, TX, 76262

On MarketInfo
CommercialInfo

Highlights

Interior

FlooringCarpet, Vinyl

Exterior

Lot Size19,315 sqft

Building Information

Year Built1995

Land Information

APNR73360
Lot Number4-6
SubdivisionBrand & Bowen's
Land UseCommercial
Legal DescriptionBRAND & BOWEN'S BLK 27 LOT 4,5,6
Census Tract020311
Assessed Land Value$811,440
Assessed Improvement Value$588,925
Assessment Year2025

About this property

The real estate includes two structures with a combined 9,542 square feet under roof including a two-story multi-tenant building and a free-standing building that houses the restaurant. There are 8 income producing suites that gross $7,200 a month currently (there are 3 vacancies at the moment). Restaurant gross sales are over $1,400,000 with sellers’ discretionary earnings north of $260,000. The purchase includes the restaurant building, two story office complex, as well as furniture, fixtures and equipment for the restaurant.

Investor Tools

$14,717Estimated Mortgage Balance
$1,024,483Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,970 /month
Positive
Cash Flow Estimate:
$7,990 /month

Interested in this property?

Kelly Horton

Park Place Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,716
$1,039,200
2025
$811,440
$588,925
$1,400,365
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,716
$1,039,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Northwest Bank
Credit Line (Revolving) / Heloc
$30,000
No
First
Nov 17, 2006
Dec 2007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,717
$1,024,483
98%
1%
$180/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.

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: Roanoke

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