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$70,980

NAL Estimated Property Value

513 W Broad St, Mineola, TX, 75773

$83,671 ARVInfo
Off MarketInfo
CommercialInfo
Baths1,070 Sq Ft
RetailRetail
price_per_sqft$129.15 / sqft
Year BuiltBuilt in 1999

Exterior

Exterior FeaturesStorage
Lot Size8,455 sqft

Building Information

Year Built1999

Land Information

APN56291
Land UseCommercial
Legal DescriptionLOT 3A-1,3B-1 BLK 90-2 .1941 MINEOLA TOWNSITES
Census Tract950800
Assessed Land Value$16,910
Assessed Improvement Value$54,070
Assessment Year2025

About this property

Prime Location on Highway 80, Historic Mineola ~ Well-maintained commercial property offers excellent visibility and easy access for your business. Ready for immediate move-in, the space blends style and practicality, making it an ideal choice for a variety of business activities. Features: Lobby: 11x14 lobby area, perfect for greeting customers. Workroom: 12x40 workroom (previously used as a bakery) provides ample space for production, operations, or creative endeavors. Break Room: 12x14 break room with an adjacent half bathroom, offering a relaxing space for staff. Well-Equipped Kitchen: Features a high-end Frigidaire double oven, a 6-burner gas stove with fire suppression system, and stainless steel sinks in both the kitchen and workroom. Climate Control: 3-unit mini-split system and central air conditioning ensure year-round comfort throughout the property. Additional Storage: Separate 12x10 storage room with its own air conditioner—ideal for extra storage or as an office space. The seller is offering to leave valuable equipment, including: Stove/oven combo Oven stack Vent hood Triple sink Side-by-side refrigerator New window unit Exhaust fan (located in the shed) This property presents a fantastic opportunity for anyone looking to establish or expand a business in a prime, high-traffic location. With its move-in readiness, flexible layout, and included equipment, it’s perfectly suited for a wide range of commercial uses.

Investor Tools

Property Icon
$70,980
Estimated Property Value
$43,408Estimated Mortgage Balance
$27,666Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$83,670
Rent-to-Value Ratio: 0.72%
Rent Estimate
$864 /month
Positive
Cash Flow Estimate:
$288 /month

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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
$339
$70,980
2025
$16,910
$54,070
$70,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$339
$70,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broadstreet Bank Ssb
Unknown
$50,000
No
First
Aug 29, 2019
Sep 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,408
$27,572
38%
61%
$300/mo

Learn About the Market: Opportunity in Texas

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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: Mineola

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513 W Broad St | Property Details | No Agent List