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$38,000

601 W 10th Street, Borger, TX, 79007

Off MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,947 sqft

Land Information

APN12031
Land UseResidential
Legal Description1-2 BLK 34 CORONADO
Census Tract950700
Assessed Land Value$7,860
Assessment Year2025

About this property

This is an incredible business opportunity in a high-traffic location on the corner of 10th Street and Cedar! The property offers a large restaurant space, and with a fair offer, all restaurant equipment is included, making it turnkey-ready for your business venture. In addition to the restaurant area, the property features multiple offices, a recreation room, and expansive shop space with oversized garage doors—one of which includes a convenient wash bay. The exterior boasts a huge parking area, two carports, and a one-bedroom apartment, perfect for added rental income or on-site living. Don't miss the chance to establish your business in this prime location!

Investor Tools

Property Icon
$38,000
Estimated Property Value
$0Estimated Mortgage Balance
$38,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$32/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$193
$7,860
2025
$7,860
N/A
$7,860
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$193
$7,860

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$38,000
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: Borger

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