Flex Space with Two Roll-Up
141 Cimmarron Trail Runaway Bay, TX 76426
141 Cimmarron Trail, Runaway Bay, TX, 76426
$124,900
For Sale
$124,900
LAND - Runaway Bay, TX
Property Size1,200 SF
Lot Size0.25 Acres
Price / SF$104.08
Days on Market79
Property Features for 141 Cimmarron Trail
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 764916
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- LOT 17 BLK 10 RUNAWAY BAY UNIT 5
- Tax Annual Amount
- 1078
Building Details
- Year built
- 2000
Listing Agency
AmbitionX Real Estate
(817) 601-1630
AUSTIN, TX
Listed by
Nathan Bowers · License #0671644
(866) 277-6005
Added: May 1 Checked: Jul 18 at 9:06 am
MLS# 21206362
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 versatile commercial-style flex space offers approximately 1,200 square feet of usable area designed around vehicle or workshop operations. The layout includes two bays with roll-up doors, giving practical drive-in access for service work, storage, or adaptable utility uses. An existing electric meter is already in place, which can help streamline setup for a range of business uses. The property is also positioned for buyers considering future residential conversion potential.
Set outside city limits near major highway access, the property offers convenient commuting options while remaining in a residential area. That combination can be attractive for operators who want easy regional connectivity without being situated deep within a dense commercial corridor. With its flexible design and straightforward bay configuration, the site supports a variety of owner-operator and investment approaches.
For a mechanic shop, workshop, or rental-oriented strategy, the two-bay roll-up setup can support day-to-day equipment handling and staged use. Investors and business owners may also value the adaptability described in the offering, including the option to repurpose the space over time. Overall, it’s a practical choice for those seeking flexible use space with functional vehicle access and an existing electric service component.
Set outside city limits near major highway access, the property offers convenient commuting options while remaining in a residential area. That combination can be attractive for operators who want easy regional connectivity without being situated deep within a dense commercial corridor. With its flexible design and straightforward bay configuration, the site supports a variety of owner-operator and investment approaches.
For a mechanic shop, workshop, or rental-oriented strategy, the two-bay roll-up setup can support day-to-day equipment handling and staged use. Investors and business owners may also value the adaptability described in the offering, including the option to repurpose the space over time. Overall, it’s a practical choice for those seeking flexible use space with functional vehicle access and an existing electric service component.
Key Highlights
- Versatile 1,200 sq ft commercial‑style unit suitable for business or residential conversion.
- Two bays with roll‑up doors ideal for a mechanic shop or workshop.
- Located outside city limits with quick access to major highways.
Local Financial Insights For Industrial
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 | $9.6k | $8.04 |
| − Vacancy | −$531 | −$0.44 |
| EGI | $9.1k | $7.60 |
| − OpEx | −$2.7k | −$2.28 |
| NOI | $6.4k | $5.32 |
1,200 SF · lease $8.04/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$284.5K
$249.0K – $332.0K
NOI $19,918 @ 7.0% cap · market cap 15.95%
Second Best
Industrial
$91.2K
$79.8K – $106.4K
NOI $6,382 @ 7.0% cap · market cap 5.11%
Theoretical Best
Hotel Hospitality
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 50.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Versatile unit with two roll-up bays and an existing electric meter, suitable for shop use or conversion ideas.
Where is this flex space located?
The property is located at 141 Cimmarron Trail Runaway Bay, TX.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Versatile 1,200 sq ft commercial‑style unit suitable for business or residential conversion.; Two bays with roll‑up doors ideal for a mechanic shop or workshop.; Located outside city limits with quick access to major highways.
