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$322,000

1406 Live Oak St, Commerce, TX, 75428

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,150 Sq Ft
BusinessBusiness
price_per_sqft$102.22 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size17,555 sqft

Building Information

Year Built1997
Stories1
Roof Type112

Land Information

APN4380-0270-1030-31
Lot Number3
SubdivisionOrig Town Of Commerce
Land UseCommercial
Legal DescriptionS4380 ORIG TOWN OF COMMERCE BLK 27A LOT 3 ACRES .403
Census Tract960600
Assessed Land Value$70,220
Assessed Improvement Value$110,570
Assessment Year2025

About this property

Bob's Car Wash offers investors a well-maintained, turn-key business portfolio strategically positioned along several important regional routes in North Texas. The five facilities feature robust masonry construction and well-maintained wash bays. This is a fee-simple sale, including real estate and improvements. These washes are listed for sale individually or offered at a discount as a portfolio. Please contact us to request the complete information package. The portfolio follows a natural regional route through Northeast Texas, beginning in Greenville, concentrating three locations throughout Commerce, and extending north to Wolfe City. Together, the sites provide geographic coverage across the Greenville - Commerce corridor and surrounding Hunt County trade area. Investment highlights: Turn-Key Operation: Immediate opportunity to acquire 5 functional assets with existing infrastructure in place Value-Add Potential: Significant upside potential through marketing initiatives, cosmetic upgrades or credit card-NFC integration Growth Market: Positioned to capitalize on the area's rapid population growth and increasing commuter demand for convenience-based services Part of a larger, five-location portfolio: 5000 Benton Dr. Greenville, TX: 2,310 SF on .448 Acres - $312,000 1406 Live Oak St. Commerce, TX: 2,300 SF on .408 Acres - $322,000 1811 Park St. Commerce, TX: 2,200 SF on .6715 Acres - $252,000 2553 Mangum St. Commerce, TX: 2,375 SF on .38 Acres - $1,387,000 320 Santa Fe St. Wolfe City, TX: 4,790 SF on .38 Acres - $727,000

Investor Tools

$527,020Estimated Mortgage Balance
$180,790Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

Interested in this property?

Melissa Croll

Attlee Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,716
$180,790
2025
$70,220
$110,570
$180,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,716
$180,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cypress Bank
Commercial
$630,000
No
First
Jun 23, 2017
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$527,020
N/A
0%
292%
$3,479/mo

City: Commerce