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$290,348

NAL Estimated Property Value

980 State Highway 155, Frankston, TX, 75763

Off MarketInfo
CommercialInfo
Baths2,880 Sq Ft
Year BuiltBuilt in 2001

Highlights

Interior

FlooringOther

Exterior

Lot Size17,380 sqft

Building Information

Year Built2001

Land Information

APN12869
SubdivisionJoseph Ferguson
Land UseCommercial
Legal DescriptionA0023 FERGUSON, JOSEPH BLOCK 730 TRACT 6
Census Tract950100
Assessed Land Value$28,678
Assessed Improvement Value$261,670
Assessment Year2025

About this property

This prime commercial property features a fully operational car wash spanning 2,880 square feet, situated on a bustling stretch of State Hwy 155 with a daily traffic count of 21,899 vehicles. Located in Frankston, TX, this property offers excellent visibility and accessibility. Zoned C-MA, the property includes two in-bay automatics and three wand wash bays, providing flexible use and making it an attractive option for a variety of businesses. Its strategic position, coupled with high visibility and accessibility, makes it an excellent investment or redevelopment opportunity in a growing area of Frankston, TX. Don’t miss out on this exceptional opportunity.

Investor Tools

Property Icon
$290,348
Estimated Property Value
$311,740Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,133 /month
Positive
Cash Flow Estimate:
$711 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,466
$290,348
2025
$28,678
$261,670
$290,348
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,466
$290,348

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust East Texas
Commercial
$242,504
No
First
Aug 5, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,740
N/A
0%
107%
$2,184/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: Frankston

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980 State Highway 155 | Property Details | No Agent List