802 Houston StMarshall, TX 75670

  • Office properties
  • 29,893 SF

Property Details for 802 Houston St

Year built
1924
Lot size
7.80 AC
Property size (Sq ft)
29,893 SF
Property type
Office properties
APN
03020.00790.00000.000000
APU
9223372036854775807

Description

This exceptional investment opportunity presents a chance to revitalize the historic 1924 Marshall High School, the alma mater of Lady Bird Johnson. Located on a 6.67-acre lot in Marshall, Texas (75670), this three-story, 129,693 square foot building is currently vacant and available for purchase for $3 million or partnership for $1.5 million plus renovation costs. A comprehensive $6.5 million renovation plan is in place, designed to transform the building into a state-of-the-art film school, incorporating modern facilities while preserving its historic character. The City of Marshall has secured Tax Increment Financing (TIF), historical tax credits, and a 501(c)(3) designation to support this project. Strong partnerships with film industry stakeholders are already underway. The property's strategic location, approximately 30 minutes from Shreveport, LA and Longview, TX, and two hours from Dallas, TX, is further enhanced by the proximity to a planned 160-unit affordable housing development (groundbreaking Q1 2025), providing a potential student base. Alternative uses include a boarding school or private school. This is a unique chance to make a lasting impact on the community and the film industry. The property includes one building.

Location Insight

City
Marshall
County
Harrison
State
Texas
Latitude
32.5441
Longitude
-94.3744
CBSA code
30980
CBSA name
LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,498
$254,830
$435,960
$690,790
-
$254,830
$435,960
$690,790

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