Last 24 Hours
$42,500
823 Main Avenue, Ralls, TX, 79357
$55,250 ARV
On Market
Just Added
Commercial
— Beds
— Bath
3,025 Sq Ft
Retail
$14.05 / sqft
Built in 1940Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size3,498 sqft
Building Information
Year Built1940
Land Information
APNR11695
Lot Number1
Land UseCommercial
Legal DescriptionORIGINAL TOWN RALLS BLOCK 112 LOT 1
Census Tract950200
Assessed Land Value$2,610
Assessed Improvement Value$41,350
Assessment Year2025
About this property
Vintage brick building on Main St in Ralls. Fantastic opportunity for a restaurant or retail. Residential potential? Seller would also consider leasing for $600 per month
Investor Tools
$0Estimated Mortgage Balance
$43,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$55,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,029
$43,960
2025
$2,610
$41,350
$43,960
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2025
$1,029
$43,960
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$43,960
100%
0%
$0/mo
12.4%