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$350,000

708 Smith Cir, Point, TX, 75472

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths8,434 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1998

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size32,714 sqft

Building Information

Year Built1998

Land Information

APN4446
Land UseCommercial
Legal DescriptionA0206 SUNIGAS RAYMOND ACRES .751
Census Tract950200
Assessed Land Value$99,449
Assessed Improvement Value$55,048
Assessment Year2025

About this property

Owner financing is available with a sizable downpayment at 5%. Are you seeking an exceptional investment opportunity? These owners are ready to retire! Excellent Highway Exposure with great visibility! With its spacious layout and well-designed floor plan, this 6000 SF building is suitable for manufacturing, warehousing, distribution, and more. Many renovations have been done such as electrical boxes, water lines, lights, paint & barn metal to name a few. The building features modern amenities, including high ceilings, a loading dock, 2 office spaces, 1.5 bathrooms, a breakroom, ample parking, security lights, cameras, alarm system, and is fully fenced and gated. Point's economy is on the upswing, with a strong focus on commercial expansion. The business-friendly climate in the area is encouraging entrepreneurs and investors alike. New businesses are actively planning their presence in Point, and this building and location are perfectly positioned to capitalize on the area's growth.

Investor Tools

Property Icon
$154,497
Estimated Property Value
$125,000Estimated Mortgage Balance
$154,497Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,756
$154,497
2025
$99,449
$55,048
$154,497
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,756
$154,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Glynn Rabe
Commercial
$125,000
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$154,497
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.

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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: Point

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708 Smith Cir | Property Details | No Agent List