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1.5-Story Office Building on Corner Lot

1400 Farm To Market Road 609 Flatonia, TX 78941

1400 Farm To Market Road 609, Flatonia, TX, 78941
$250,000
For Sale
$250,000

COMMERCIAL - Flatonia, TX

Property Size1,420 SF
Lot Size0.63 Acres
Price / SF$176.06
Days on Market19

Property Features for 1400 Farm To Market Road 609

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
1
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1
Standard status
Active
APN
R46365
Size
1,420 SF
Lot size
0.63 Acres

Taxes and HOA fees

Tax Annual Amount
2515

Utilities

Water source
Public

Building Details

Year built
1984
Floors in Building
2
Roof type
Metal
Listing Agency South Central Real Estate
1400 FM 609 Flatonia, TX 78941 135 Regency Dr, Schulenburg, TX
Listed by Tanya Schindler · License #510632
Added: Jul 1 Checked: Jul 19 at 1:06 am
MLS# 152432 Listing URL

Copyright © 2026 South Central Texas 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.


Investment Insights

Based on property information with market context.

This 1.5-story commercial building offers a practical office layout with multiple desk and work areas, a small kitchen space, and one full bathroom plus a half bath. The property has been most recently used as a real estate sales office, and it is configured to support day-to-day client and staff use. The sale also notes that the storage shed will be moved from the land.

Located on a corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia, Texas, the building benefits from straightforward access and visibility associated with that street-corner positioning. The site is sized at 0.63 acres, providing room for an accommodating commercial footprint.

For prospective buyers, this property can be considered for a range of office-oriented businesses that need built-in work areas and basic in-unit amenities such as a kitchen and multiple restrooms. It may also suit an operator seeking an owner-occupied setup, with the flexibility to adapt the interior to their workflow while leveraging the corner-lot location for customer access.

Key Highlights

  • 1,400 SF 1.5‑story commercial building built in 1984
  • 0.63‑acre corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia, TX
  • Metal roof; public water source

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $34.9k $24.60
− Vacancy −$9.6k −$6.74
EGI $25.4k $17.86
− OpEx −$6.3k −$4.46
NOI $19.0k $13.39
1,420 SF · lease $24.60/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$271.7K
$237.8K – $317.0K (±1% cap)
NOI $19,020 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.92M
$13.93M – $18.57M (±1% cap)
NOI $1,114,421 @ 7.0% cap · market cap 445.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Versatile 1.5-story office with multiple work areas and kitchen, set on a corner lot at FM 609 and Slaughterhouse Road.
Where is this office building located?
The property is located at 1400 Farm To Market Road 609 Flatonia, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,400 SF 1.5‑story commercial building built in 1984; 0.63‑acre corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia, TX; Metal roof; public water source
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