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$465,381

NAL Estimated Property Value

904 Memorial Parkway B, Portland, TX, 78374

Off MarketInfo
LeaseInfo
CommercialInfo
Baths2 Bath
Baths2,000 Sq Ft
OfficeOffice
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bathrooms 2Bathrooms 2

Exterior

Lot Size21,388 sqft

Building Information

Year Built1997
Roof Type127

Land Information

APN1406-0015-0015-006
Lot Number15-20
SubdivisionPortland Tier H
Land UseCommercial
Legal DescriptionPORTLAND TIER H BLK 15 LOTS 15 THRU 20
Census Tract010601
Assessed Land Value$92,469
Assessed Improvement Value$372,912
Assessment Year2025

About this property

FURNISHED professional office and work space at Moore and Memorial, this beautiful building is near Highway 181 and offers plenty of parking space. A former location of the Portland Chamber of Commerce and current neighbor to Farmers Insurance, this office space can be used for a variety of office-type businesses. A large front room opens up to walled-off offices with windows on one side and 2 bathrooms and a water fountain on the other. A large central room is perfect as a conference room, gathering point, or Executive Office. You'll find a Kitchenette in the back, plumbing for a hot water heater if needed, and the long narrow side room is perfect for making copies, webwork, accounting, or other non-public procedures. There is even a partially fenced yard with grass in the back when you need to get away for a few minutes. All the furniture currently in the unit can stay, but is negotiable to be removed as needed.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,801
$465,381
2025
$92,469
$372,912
$465,381
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,801
$465,381

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,381
100%
0%
$0/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: Portland

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904 Memorial Parkway B | Property Details | No Agent List