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1.5-Story Office Building

1400 Fm 609 Flatonia, TX 78941

1400 Fm 609, Flatonia, TX, 78941
$260,000
For Sale
$260,000

SINGLE_FAMILY - Flatonia, TX

Property Size1,420 SF
Lot Size0.63 Acres
Price / SF$183.10
Days on Market87

Property Features for 1400 Fm 609

General Information

Property type
Residential
Property subtype
Retail
Exterior features
Lighting
Standard status
Active
APN
R46365
Size
1,420 SF
Lot size
0.63 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
FM 609 ANNEX .63 COMM - OFFICE
Tax Annual Amount
2485

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1994
Floors in Building
2
Flooring type
Wood, Carpet
Building materials
HardiplankType
Roof type
Metal
Listing Agency South Central Real Estate
1184 CR 242, TX
Listed by Tanya Campbell Schindler · License #0510632
Added: Apr 24 Checked: Jul 19 at 11:06 am
MLS# 611804

Copyright © 2026 Central Texas Multiple Listing Service. 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 office building includes multiple desk and work areas, a small kitchen space, and restrooms consisting of one full bathroom and one half bath. The property was most recently used as a real estate sales office, and the interior layout supports day-to-day business operations.

Located on a corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia, Texas, the building provides straightforward visibility and access for a range of office-oriented uses.

The offering includes a total building size of approximately 1,420 square feet on about 0.63 acres. Real Estate Business is not included in this sale.

Key Highlights

  • 1,400 sq ft 1.5‑story commercial building on a 0.63‑acre corner lot at FM 609 and Slaughterhouse Road in Flatonia, TX
  • Metal roof; exterior lighting included
  • Hardiplank type construction; interior flooring includes carpet and wood

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 7.32%
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 428.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Electrical Service Plumbing Service Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Pharmacy Computer & Electronic Repair

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

FAQs

What type of property is this?
Office building - Versatile office building on a corner lot, most recently used as a real estate sales office with dedicated kitchen and restrooms.
Where is this office building located?
The property is located at 1400 Fm 609 Flatonia, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,400 sq ft 1.5‑story commercial building on a 0.63‑acre corner lot at FM 609 and Slaughterhouse Road in Flatonia, TX; Metal roof; exterior lighting included; Hardiplank type construction; interior flooring includes carpet and wood
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