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$261,150

NAL Estimated Property Value

617 Penn St, Aledo, TX, 76008

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,225 Sq Ft
OfficeOffice
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringLaminate

Exterior

Lot Size10,498 sqft

Building Information

Year Built1972
Stories1

Land Information

APN14470-009-006-00
Lot Number6
SubdivisionLasater Guy Addn
Land UseCommercial
Legal DescriptionACRES: 0.241 LOT: 6 BLK: 9 SUBD: LASATER GUY ADDN
Census Tract140707
Assessed Land Value$73,490
Assessed Improvement Value$187,660
Assessment Year2025

About this property

Located in the vibrant heart of Aledo, this exceptional commercial property is perfect for local businesses, medical practices, or as an investment opportunity. The building features a durable rock exterior and is fully fenced, providing both security and an appealing look. With a spacious parking lot, this property ensures convenience for clients and staff alike. Situated near a variety of restaurants, banks, and retail outlets, the location offers easy access to I-20, enhancing visibility and foot traffic. Additionally, the property benefits from all essential city services, making it a fantastic opportunity to establish a presence in this growing community. Don’t miss out on this prime location!

Investor Tools

Property Icon
$261,150
Estimated Property Value
$630,910Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$261,150
2025
$73,490
$187,660
$261,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$261,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Bank Na
Commercial
$321,600
No
First
Apr 3, 2025
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$630,910
N/A
0%
242%
$3,858/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: Aledo

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617 Penn St | Property Details | No Agent List