501 Highway 199Springtown, TX 76082

  • Other commercial real estate
  • 7,180 SF
For Sale
$800,000 View listing

Property Details for 501 Highway 199

Lot size
2.00 AC
Property size (Sq ft)
7,180 SF
Property type
Other commercial real estate
APN
19690-001-011-00
APU
1969000101100

Description

This exceptional 7,180 square foot industrial property, situated on a two-acre lot in Springtown, Texas, presents a significant opportunity for a variety of businesses. The property boasts two separate buildings, providing ample space for operations and storage. One building includes a dedicated office area, ideal for administrative functions. The expansive yard offers significant potential for expansion, equipment storage, or outdoor operations, and benefits from convenient rear road access. Previously utilized as a heavy machine shop, the facility retains its robust infrastructure, including heavy-duty power and a thick concrete slab capable of supporting substantial weight and various industrial operations. The high ceilings accommodate large equipment and surface-level doors, facilitating efficient loading and unloading. A gated yard enhances security and provides a controlled environment for assets. All existing heavy machinery is available for separate negotiation. This property's combination of size, location, and infrastructure makes it an attractive investment for businesses seeking a versatile and well-equipped industrial space. The property is located at 501 W Highway 199, Springtown, TX and is listed at $800,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,557,206
    Hospitality
    $1,426,392
    Educational
    $1,186,742
    Medical
    $1,227,555
    Retail
    $1,846,042
501 Highway 199, Springtown, Texas

Location Insight

City
Springtown
County
Parker
State
Texas
Latitude
32.9643
Longitude
-97.6918
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, 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
$16,364
$522,720
$292,490
$815,210
-
$522,720
$292,490
$815,210

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