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Days575Days on Market
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$115,000

623 N Front St, Mathis, TX, 78368

On MarketInfo
CommercialInfo
Baths3,160 Sq Ft
IndustrialIndustrial
price_per_sqft$36.39 / sqft
Year BuiltBuilt in 1985

Exterior

Lot Size12,981 sqft

Land Information

APN0839-0086-0004-003
Lot Number5-6
SubdivisionMathis Townsite
Land UseCommercial
Legal DescriptionMATHIS TOWNSITE BLK 86 LOT 5, 6
Census Tract011300
Assessed Land Value$27,664
Assessed Improvement Value$218,046
Assessment Year2025

About this property

Discover an incredible opportunity to purchase this building in the Mathis business area, where several new businesses have recently opened. A new metal roof was installed about a year ago, and the interior office, break room, and bathroom have been freshly painted. This property is conveniently located at the corner of North Front Street and West Magnolia Street. It offers ample parking spaces and is surrounded by a chain link fence, providing added security. The building features three bays, storage space, an office area, a small kitchenette, and a bathroom. The City of Mathis has classified this area for business use, making it versatile for a variety of potential applications. Don’t miss out on this unique opportunity! THE ADJACENT LOT IS AVAILABLE FOR PURCHASE FOR FURTHER EXPANSION.

Investor Tools

$0Estimated Mortgage Balance
$245,710Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,474 /month
Positive
Cash Flow Estimate:
$491 /month

Interested in this property?

Linda Barnes

Lloyd Barnes Real Estate Team

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,848
$245,710
2025
$27,664
$218,046
$245,710
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,848
$245,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,710
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.

Explore Texas Explore This Area
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: Mathis

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