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$450,000

5824 Watauga Road, TX, 76148

Under ContractInfo
CommercialInfo
Baths0 Bath
Baths6,000 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1981

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size26,942 sqft

Building Information

Year Built1981

Land Information

APN4090-24-18R
Lot Number18R
SubdivisionBrowning Heights North#21 & 22
Land UseIndustrial
Legal DescriptionBROWNING HEIGHTS NORTH#21 & 22 BLOCK 24 LOT 18R
Census Tract113810
Assessed Land Value$161,676
Assessed Improvement Value$188,324
Assessment Year2025

About this property

Excellent investment opportunity in a growing market! This 52-unit non-climate controlled self-storage facility offers stable cash flow with significant potential for increased income. Situated in a high-demand area with continued residential and commercial development, the property benefits from strong local demographics and limited nearby competition. The facility features a range of unit sizes catering to both personal and small business storage needs. Current rental rates are below market average, presenting a clear opportunity for rate increases and improved revenue. With high occupancy and minimal operational overhead, this is an ideal asset for investors looking to expand or enter the self-storage sector. **OWNER FINANCING IS NOT AVAILABLE**

Investor Tools

$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$793/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,771
$350,000
2025
$161,676
$188,324
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,771
$350,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,000
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: Watauga

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5824 Watauga Road | Property Details | No Agent List