209 Texas StDe Leon, TX 76444

  • Commercial real estate
  • 4,555 SF
For Sale
$90,000 View listing

Property Details for 209 Texas St

Year built
1960
Lot size
0.12 AC
Property size (Sq ft)
4,555 SF
Property type
Commercial real estate
APN
753
APU
753

Description

This exceptional retail property, located at 209 N Texas Street in De Leon, Texas, presents a unique investment opportunity. The 4,555-square-foot shopping center comprises three separate storefronts, each offering versatile space ideal for a variety of businesses. Built in 1916, this single-story building boasts a rich history and prime downtown location, ensuring high visibility and foot traffic. Each unit includes at least one bathroom, with two units featuring full bathrooms and showers. Multiple interior rooms provide ample space for offices or storage. A fenced backyard offers additional space for loading, unloading, or parking. The property sits on a 0.118-acre lot and is priced at $90,000, translating to $19.76 per square foot. This represents a compelling opportunity to acquire a well-established retail center in a charming Texas town, perfect for both seasoned investors and those seeking to establish a new venture. The property's historical significance and central location make it an attractive proposition for a variety of commercial uses. The asking price reflects the property's potential for strong returns on investment. This is a rare chance to own a piece of De Leon's vibrant downtown. The property's three separate units offer flexibility for multiple tenants or a single large-scale operation. The combination of historical charm and modern functionality makes this a truly unique investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,436,355
    Hospitality
    $1,315,694
    Educational
    $1,094,642
    Medical
    $1,132,288
    Retail
    $1,702,776

Location Insight

City
De Leon
County
Comanche
State
Texas
Latitude
32.1101
Longitude
-98.5363

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
2022
$1,463
$5,630
$88,860
$94,490
-
$5,630
$88,860
$94,490

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