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Days77Days on Market
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$99,900

508 N Main Street, Borger, TX, 79007

On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,100 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3,001 sqft

Land Information

APN15947
Land UseCommercial
Legal Description21 BLK 37 OTB
Census Tract950700
Assessed Land Value$5,000
Assessed Improvement Value$18,550
Assessment Year2025

About this property

Prime commercial opportunity in the heart of downtown Borger! Located on the highly desirable 500 block of N Main Street, this historic building offers excellent visibility and strong traffic exposure--perfect for a variety of business ventures. The property features updated central heat and air, a bathroom, and a functional layout ready to suit your needs. With endless possibilities for retail, office space, or investment use, this is a rare chance to own a piece of Borger's history in one of its most sought-after commercial locations.

Investor Tools

Property Icon
$23,550
Estimated Property Value
$0Estimated Mortgage Balance
$23,550Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$599 /month
Positive
Cash Flow Estimate:
$200 /month

Interested in this property?

Jodina Plumley

Keller Williams Realty Amarillo

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$58/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$578
$23,550
2025
$5,000
$18,550
$23,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$578
$23,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$23,550
100%
0%
$0/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: Borger

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508 N Main Street | Property Details | No Agent List