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$525,000

620 N Armstrong Ave, Kingsville, TX, 78363

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,233 Sq Ft
IndustrialIndustrial
price_per_sqft$124.03 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size14,000 sqft

Building Information

Year Built1970

Land Information

APN13567
Lot Number1-4
Land UseCommercial
Legal DescriptionHENRIETTA HGTS, BLOCK 1, LOT 1-4, (SHRIM 6/ESP IFIX/THE CENTER)
Census Tract020302
Assessed Land Value$60,830
Assessed Improvement Value$216,700
Assessment Year2025

About this property

Prime investment opportunity in a fantastic location, just steps away from the university! This corner lot features three separate rental spaces, offering excellent potential for multiple income streams. This unique property offers a rare chance to capitalize on a high-traffic area. This versatile space is perfect for a variety of commercial ventures. This existing units can be utilized as-is or redeveloped to suit your vision. With a location that speaks for itself, this property combines conveniences and potential. Imagine the possibilities in one of the most dynamic settings around. With its proximity to a bustling university population, this property is ideal for commercial ventures, offices, or retail. Whether you're an investor looking for a return property, or seeking to expand your portfolio, this is a must-see opportunity!

Investor Tools

$68,358Estimated Mortgage Balance
$25,600Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Mary Elizondo

Coldwell Banker Pacesetter Ste

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,357
$277,530
2025
$60,830
$216,700
$277,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,357
$277,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commerce Bank
Commercial
$140,250
No
First
Oct 4, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,358
$209,172
75%
267%
$841/mo

City: Kingsville

620 N Armstrong Ave | Property Details | No Agent List