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$288,999

720 W 2nd Street, Clarendon, TX, 79226

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths4,288 Sq Ft
price_per_sqft$67.4 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCone Slab

Exterior

Lot Size27,878 sqft

Building Information

Year Built1997

Land Information

APN11-07-0010-0270-0001
Lot Number22-30
Land UseCommercial
Legal DescriptionLOTS 22-30, BLK 1, GREENE'S CLDN
Census Tract950200
Assessed Land Value$26,481
Assessed Improvement Value$82,871
Assessment Year2025

About this property

Prime commercial opportunity with unmatched high-traffic U.S. Highway 287 visibility in the heart of Clarendon, Texas! This completely transformed, turnkey asset has been meticulously renovated from top to bottom, featuring all-new electrical, fully updated commercial-grade HVAC, and stunning modern industrial aesthetics throughout. The main building boasts an expansive, flexible showroom floor with soaring ceilings, exposed matte-black steel trusses, oversized galvanized spiral ductwork, recessed LED lighting, and sleek new epoxy-style concrete floors, alongside two beautifully updated restrooms styled with crisp white subway tile and contemporary matte-black fixtures. Outside, the premium lot features two large, high-clearance stand-alone carports and a separate detached matching building complete with two functional garage bays and dedicated indoor storage. With its immaculate modern upgrades, exceptional curb appeal, and versatile layout, this property is the ultimate blank canvas and stands ready on day one to welcome a boutique car dealership, coffee shop, destination restaurant, retail boutique, or premier event space. Skip the headache of a build-out or costly code upgrades. This property has already undergone extensive aesthetic, electrical, structural, and mechanical renovations. Bring your inventory, your sign, and your vision to a prime piece of Texas Panhandle real estate!

Investor Tools

$62,452Estimated Mortgage Balance
$46,900Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

Interested in this property?

The Connie Taylor Group

Keller Williams Realty Amarillo

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,513
$109,352
2025
$26,481
$82,871
$109,352
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,513
$109,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Herring Bank
Unknown
$76,233
No
First
Aug 31, 2017
Sep 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,452
$46,900
42%
57%
$458/mo

City: Clarendon

720 W 2nd Street, Clarendon, TX 79226 | Property Details | No Agent List