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$1,633,380

NAL Estimated Property Value

700 Indian Springs Rd, Marshall, TX, 75672

Off MarketInfo
CommercialInfo
Baths1,920 Sq Ft
price_per_sqft$34.19 / sqft
Year BuiltBuilt in 1999

Exterior

Lot Size6.99 acres

Building Information

Year Built1999
Stories1

Land Information

APN00012.03140.00060.000000
SubdivisionJames Harris Survey A-12
Land UseOther / Unknown
Legal DescriptionACRES: 6.990 ABST: 12 J HARRIS & T IDEN CHURCH
Census Tract020301
Assessed Land Value$105,290
Assessed Improvement Value$1,528,090
Assessment Year2025

About this property

Dramatic price reduction!! Room to Grow on 6.95 acres! This is an opportunity to relocate a growing church, with a spacious church and sanctuary already built. Included are Sunday school rooms, a baptistry, and meeting, fellowship or school area with kitchen, restrooms and fenced playground. If a church is not in your plans, this could also be a wonderful event center, funeral home or facility to add housing for seniors on the 3.3 acres that is also included in the price as part of the 6.95 acres. There's plenty of road frontage here! It is currently zoned C-2 for retail, however there is a good possibilitythat zoning could be changed to another use since multi family units are already close by. No alcohol sales within 300 feet and no pernicious use of property allowed. Convenient to Hwy 80 and about 3-5 miles from I-20, also close to the recently built Marshall Junior High and Sam Houston Elementary Schools.

Investor Tools

Property Icon
$1,633,380
Estimated Property Value
$22,629Estimated Mortgage Balance
$1,610,751Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,800 /month
Positive
Cash Flow Estimate:
$3,267 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,633,380
2025
$105,290
$1,528,090
$1,633,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,633,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Building Or Construction Loan
$40,625
No
First
Sep 24, 2008
Dec 2008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,629
$1,610,751
98%
1%
$244/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: Marshall

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700 Indian Springs Rd | Property Details | No Agent List