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    101 N Elm St New Boston, TX 75570

    For Sale
    $649,000

    COMMERCIAL - New Boston, TX

    Property size:
    4,500 SF
    Lot size:
    0.14 Acres
    Days on Market:
    127
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 101 N Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    Size
    4,500 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Brick

    MLM Real Estate

    Listing agent Ken Autrey (903) 716-8082

    Listing date Aug 1, 2025

    Copyright © 2025 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rustic Steak House in New Boston

    This rustic steak house is located in a turn-of-the-century building that has been stripped to the bricks. Situated in New Boston, Texas, it is a short drive from anywhere in Bowie County. The property is suitable for use as a conventional restaurant or other retail purposes. The building has a size of 4,500 square feet and is situated on a 0.14-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Boston
    County
    Bowie
    State
    Texas
    Longitude
    -94.4178218
    Latitude
    33.459363

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    FAQs

    What type of property is this?
    Conventional restaurant - Turn-of-the-century steak house with rustic atmosphere in New Boston.
    Where is this conventional restaurant located?
    The property is located at 101 N Elm St New Boston, TX.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Established steak house business with a great reputation and atmosphere.; - Convenient location in New Boston, easily accessible from Bowie County.; - Turn-of-the-century brick building, renovated to a rustic steak house.
    (903) 716-8082
    Request Owner's contact information
    101 N Elm St New Boston, TX 75570
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    New Boston, TX 75570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 N Elm St New Boston, TX 75570
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