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$950,000

1515 W Frank St, Grand Saline, TX, 75140

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,480 Sq Ft
BusinessBusiness
price_per_sqft$212.05 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringTile

Exterior

Lot Size1.54 acres

Building Information

Year Built2002
Stories1

Land Information

APN044.0046.0276.0001.0000
Land UseCommercial
Legal DescriptionACRES: 1.540 ABST: 46 SUR: SAM BELL
Census Tract950200
Assessed Land Value$237,470
Assessed Improvement Value$484,790
Assessment Year2026

About this property

Excellent opportunity to acquire an established, income-producing daycare facility in Grand Saline, Texas. Situated on approximately1.54 acres, the property features 4,480 square feet of enclosed commercial building space, along with covered entry and concrete improvements. The facility has an established operating history. Childcare continues to serve an essential role in communities, providing working families with dependable care and early childhood education. With an ongoing need for quality childcare services, established daycare operations offer investors the potential for recurring revenue, consistent customer relationships, and long-term business growth. For an investor or owner-operator, TLC Daycare presents an appealing opportunity to combine commercial real estate ownership with an existing revenue-generating business. Rather than starting a daycare operation from the ground up, a purchaser has the opportunity to build upon an established operation with documented financial performance. An opportunity to own both valuable commercial real estate and an essential community-based business.

Investor Tools

$776,010Estimated Mortgage Balance
$722,260Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,142
$722,260
2026
$237,470
$484,790
$722,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,142
$722,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ready Capital Corp
Commercial
$817,000
No
First
Jan 24, 2024
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$776,010
N/A
0%
107%
$4,899/mo

City: Grand Saline

1515 W Frank St | Property Details | No Agent List