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Days215Days on Market
Views1view

$2,600

607 Railroad Drive, Portland, TX, 78374

On MarketInfo
LeaseInfo
CommercialInfo
Baths2 Bath
Baths1,755 Sq Ft
OfficeOffice
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 1976

Highlights

Interior

Bathrooms 2Bathrooms 2

Exterior

Lot Size11,979 sqft

Building Information

Roof Type172

Land Information

APN1403-0005-0005-000
Lot Number4-8
SubdivisionPortland Tier E
Land UseCommercial
Legal DescriptionPORTLAND TIER E BLK 5 LOTS 4 THRU 8
Census Tract010604
Assessed Land Value$27,839
Assessed Improvement Value$414,118
Assessment Year2025

About this property

Right around the corner from the brand new City's 5th & Elm facility in the heart of the LED (Leisure & Entertainment District) sits this commercial lease unit. Over 1750 SF of space in a mixed layout allows for many potential uses. Including a larger open front area and pass-through window with smaller rooms behind, there is good potential here for a waiting room area here. Most recently used as a medical clinic and veterans' massage, the size and setup can be good for any type of business that needs some bigger open spaces and closed-door offices too. It has both a half-restroom behind the pass-through and a Full-restroom with shower in this unit. There are 2 closed-door offices, 3 larger open spaces, a big niche that could be walled off as a 3rd office, 2 restrooms, and a walk-in storage/networking closet, plus 2 front entrances if a separate "employee entrance" is needed. The rear door can be used for breaks or fire escape, but the yard behind is NOT available as a lay-down yard. NO assessment for NNN means less out of your pocket, and water/sewer/trash is also INCLUDED in the rent. Tenant responsible for electricity and extras you desire like internet or security systems. Terms from 12-60 months. NO Dumpsters allowed.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,429
$441,957
2025
$27,839
$414,118
$441,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,429
$441,957

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$441,957
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: Portland

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607 Railroad Drive | Property Details | No Agent List