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$117,245

NAL Estimated Property Value

788 E Lennon Drive, Emory, TX, 75440

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,200 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,780 sqft

Land Information

APN19923
Land UseCommercial
Legal DescriptionA0278 G B YARBER SURVEY, .500 ACRES
Census Tract950200
Assessed Land Value$114,998
Assessed Improvement Value$2,247
Assessment Year2025

About this property

Seize the opportunity to establish your business in the heart of Emory, TX! This premium commercial lot, strategically located just off Hwy 69,E Lennon Ave, offers exceptional visibility with high traffic counts, making it the ideal spot to attract customers and grow your business. The lot comes equipped with a parking lot already in place. All utilities are readily accessible, ensuring a seamless development process. Whether you're looking to build a retail store, office space, or any other commercial venture, this location offers the perfect foundation for your success. Don't miss out on this rare chance to secure a prime location in Emory, TX. Build your business here and become part of a thriving community!

Investor Tools

Property Icon
$117,245
Estimated Property Value
$36,802Estimated Mortgage Balance
$80,443Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,996
$117,245
2025
$114,998
$2,247
$117,245
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,996
$117,245

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Yantis Fcu
Credit Line (Revolving) / Heloc
$40,000
No
First
Feb 18, 2022
Feb 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,802
$80,443
68%
31%
$240/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: Emory

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