Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-working, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.
Accessibility features: ADA Compliant, Accessible Full Bath, Accessible Approach with Ramp
Features
Levels: One
Stories: 1
Pool features: None
Fencing: Chain Link,Wood
Lot
Size: 1.07 Acres
Features: Acreage, Backs to Greenbelt/Park, Landscaped, Few Trees
Details
Parcel number: 22040
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Foundation: Slab
Roof: Composition
Condition
Year built: 1960
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
Features: Sidewalks
Security: Fire Sprinkler System, Smoke Detector(s)
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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