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$90,000

605 E Pine St, Edgewood, TX, 75117

$103,913 ARVInfo
On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,201 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1973

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size18,295 sqft

Building Information

Year Built1953
Stories1

Land Information

APN024.3180.0003.0008.0000
Lot Number5,8
Land UseResidential
Legal DescriptionACRES: 0.420 BLK: 3 LOT: 5 & 8 ADDN: TUCKER; ALSO PT OF T J SHAW A-759
Census Tract950300
Assessed Land Value$31,720
Assessed Improvement Value$56,590
Assessment Year2025

About this property

Fixer-Upper Commercial Opportunity on Hwy 80 — Corner Lot, Edgewood, TX High-visibility commercial property on U.S. Highway 80 in Edgewood, Texas—a small East Texas town about an hour east of Dallas in Van Zandt County. This is a value-add fixer-upper play for an owner-user or investor who wants highway frontage, room to work, and a location that already sees daily local traffic. The site Corner lot on Hwy 80 with strong street presence and easy access Large lot with space for customer parking, employee parking, deliveries, outdoor storage, or future expansion Close to Edgewood ISD schools (the district campus is in the heart of town along the Hwy 80 and Pine Street corridor), which supports consistent weekday traffic from staff, parents, and students Level, usable land in a growing small-town market with easy connections toward I-20, Canton, and the DFW metro The opportunity The existing commercial building needs work. That is the point: buy below replacement cost, renovate to suit a specific use, and capture the location. Possible directions (subject to city and county approvals and due diligence) include retail, office, service business, light food service, contractor yard with shop, multi-tenant suites, or a hybrid owner-occupy plus lease. Hwy 80 is the main east-west spine through Edgewood. A corner site with parking room is harder to find than a building that already looks finished. Schools nearby add a reliable traffic pattern without putting the property in a purely residential pocket. Who this fits Investors looking for a project with highway exposure Owner-operators who want to build equity through renovation Users who need parking and outdoor area that a tight downtown storefront cannot offer Buyer to independently verify zoning, utilities, flood, environmental, building condition, and permitted uses. Sold as-is.

Investor Tools

$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$103,913
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

John Pickett

Coldwell Banker Anderson Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,946
$88,310
2025
$31,720
$56,590
$88,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,946
$88,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/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: Edgewood

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