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$350,000

518 N 5th Street, Temple, TX, 76501

On MarketInfo
CommercialInfo
Baths5,059 Sq Ft
price_per_sqft$69.18 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Laminate, Tile

Exterior

Lot Size16,501 sqft

Building Information

Year Built1950
Stories1
Roof Type176

Land Information

APN126055
Lot Number2
SubdivisionL R Taylor Addition
Land UseCommercial
Legal DescriptionL R TAYLOR ADDITION, BLOCK 007, LOT 0002
Census Tract020701
Assessed Land Value$12,375
Assessed Improvement Value$1,191,322
Assessment Year2025

About this property

Professional office building on a corner lot with multiple entry points and on-site parking with an additional gated and fenced lot. Flexible interior space with 13+/- offices, 6 restrooms, lobby, admin, reception, and several utility and storage rooms. Locate in the Historic District just North of downtown Temple, and minutes from Baylor Scott and White hospital and Interstate 35.

Investor Tools

$194,064Estimated Mortgage Balance
$1,009,633Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,222 /month
Positive
Cash Flow Estimate:
$2,407 /month

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Robert Spradley

Spradley Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,823/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,860
$1,203,697
2025
$12,375
$1,191,322
$1,203,697
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$27,860
$1,203,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Branch Banking And Trust Co
Commercial
$234,000
No
First
Jan 17, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,064
$1,009,633
83%
16%
$1,403/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: Temple

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518 N 5th Street | Property Details | No Agent List