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$600,000

.921 ac N US Hwy 79, Henderson, TX, 75652

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths4,334 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size13,752 sqft

Building Information

Year Built1988

Land Information

APN24071
Lot Number1,2
Land UseCommercial
Legal DescriptionLTS 1-2 BLK 355 HOLLIMAN HTS 2
Census Tract950700
Assessed Land Value$50,000
Assessed Improvement Value$75,430
Assessment Year2024

About this property

Prime commercial opportunity awaits at this strategically positioned corner lot in bustling Henderson, Texas. Located on a high-traffic thoroughfare this property offers exceptional visibility and accessibility for your business venture. The lot features a desirable C2 General Commercial District zoning classification, opening up a world of possibilities for retail, dining, or service-based establishments. The property's layout presents a practical advantage with a cleared frontage area, making it immediately ready for development potential. This flexibility in design and development options for prospective buyers. Situated in a thriving commercial corridor, this location benefits from steady traffic flow and proximity to key area amenities. Within a convenient radius, you'll find popular dining establishments, retail outlets, and educational facilities. The nearby Holiday Inn Express and various restaurants indicate the area's strong commercial vitality.

Investor Tools

$14,810Estimated Mortgage Balance
$110,620Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Martha McDougal

Century 21 Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,999
$125,430
2024
$50,000
$75,430
$125,430
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,999
$125,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Credit Line (Revolving) / Heloc
$30,000
No
First
Dec 22, 2006
Dec 2007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,810
$110,620
88%
12%
$180/mo

City: Henderson

.921 ac N US Hwy 79 | Property Details | No Agent List