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$299,900

116 S Broadway St, La Porte, TX, 77571

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,612 Sq Ft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size14,000 sqft

Building Information

Year Built2021

Land Information

APN0231740000022
Lot Number22-26
SubdivisionLa Porte
Land UseCommercial
Legal DescriptionLTS 22 23 24 25 & S 1/2 LT 26 BLK 37 LA PORTE
Census Tract343700
Assessed Land Value$140,000
Assessed Improvement Value$110,626
Assessment Year2025

About this property

Rare opportunity to own a turnkey open-air bar in the heart of Historic Downtown La Porte. Battleground Saloon was built in 2021 and is ready to operate with no build-out required. The business and real estate are available separately or together: the business is offered at $220,000 (furniture, fixtures and equipment, name and goodwill, plus inventory at closing) and the real estate at $299,900. The ±1,000 SF building sits on a 14,000 SF lot with 113 ft of frontage on S Broadway, with a covered canopy and slab for outdoor seating and events. General commercial zoning; public water and sewer, gas and electric. This open-air, family-friendly venue is tied into local downtown events and benefits from strong margins and an established local following. Financials and site visits are available to qualified buyers after a signed NDA and proof of funds. Buyer to obtain own TABC permits. Please do not disturb employees or customers.

Investor Tools

$0Estimated Mortgage Balance
$250,626Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Kate Myhan

Katarzyna Myhan, Broker

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,771
$250,626
2025
$140,000
$110,626
$250,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,771
$250,626

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,626
100%
0%
$0/mo

City: La Porte

116 S Broadway St | Property Details | No Agent List