Financial
Distress signals
Property profile

1469 Highway 31 Axtell, TX 76624

FOR SALE
Other commercial real estate
Property ID
US82-5623737
1,472 SF 0.97 ac lot Built 1965
Last sale Mar 2020
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercially zoned property is located on SH-31 along a heavily traveled corridor, with street frontage providing visibility and direct access. The building is historically known as the former Oasis Bar and is configured to support commercial use, with potential suitability for retail, restaurant/bar, office, event space, or service-based businesses. The site presents opportunities for mixed-use concepts, including possible residential or live-work adaptations, subject to applicable zoning

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$443
Tax billed · 2022
Assessed value · 2023$36k
Assessed land$25k
Assessed improvement$11k
Effective rate1.22%

Value estimate

· Sep 2026
$215k
$194k – $237k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$5k
Operating expenses−$15k
NOI · 16.15% cap applied$24k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
16.15%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R
JurisdictionMCLENNAN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Auto Repair Shop6.6
Hotel & Motel6.0

Location

1469 Highway 31 Axtell, TX 76624
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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