Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    201 S Carolina Troup, TX 75789

    View on Map
    New
    For Sale
    $295,000

    Building - Troup, TX

    Property size:
    4,815 SF
    Lot size:
    0.26 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 9 at 4:06 am

    Property Features for 201 S Carolina

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    Size
    4,815 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1908
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Lisa Rohus
    Lisa Rohus

    Listing agent Lisa Rohus License #0635507

    Listing office Ebby Halliday, REALTORS® - Tyler 2104 Grande Blvd Ste 100, Tyler, TX

    Listing date Apr 3, 2026

    MLS# 26004724 Listing URL

    Copyright © 2026 Greater Tyler Association 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

    Historic Church in Troup, Texas

    This restored historic church, originally completed in 1908 after the land was purchased in 1876, offers a blend of timeless charm and versatility. Located in Troup, TX, the property features refinished original hardwood floors, revived original pews, and exposed oak walls. Breathtaking stained glass windows fill the space with natural light. Recent updates include a new roof, fresh interior and exterior paint, and an additional bathroom. The building is suitable for a distinctive venue, a new church home, or adaptive reuse. The property size is 4815 square feet, situated on a 0.258-acre lot. The building evokes a sense of reverence and inspiration, suitable for those seeking a distinctive venue. It is located in the heart of Troup, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Troup
    County
    Smith
    State
    Texas
    Longitude
    -95.118559
    Latitude
    32.146087

    Nearby Similar for Sale

    • $770,000
      11,000 SF

      Troup, TX Warehouse with Office

      11,000 SF warehouse with office space on 4.66 acres.
      10991 ST HWY 135 N, Troup, TX 75789
      View Details
    • $187,500
      2,100 SF

      Commercial Building in Downtown Troup

      Commercial building with multiple units and covered drive in Troup.
      101 W DUVAL, Troup, TX 75789
      View Details
    • $699,500
      1,640 SF

      East Texas Hunting Ground Retreat

      36.91 acre ranch with home and shop near Troup.
      640 County Road 4910, Troup, TX 75789
      View Details
    • $223,000

      Income-Producing Multi-Unit Property in Troup

      Two well-maintained manufactured homes on one lot with reliable tenants.
      1495 CR 4224, Troup, TX 75789
      View Details
    • $1,700,000

      Versatile Income-Producing Ranch Estate

      112-acre Texas estate with income-generating potential.
      542 CR 4716, Troup, TX 75789
      View Details
    • $44,900
      3,000 SF

      Versatile Building in Troup, Texas

      3000+ sqft building suitable for church, cafe, offices, or rental.
      10263 Highway 135 N, Troup, TX 75789
      View Details
    • $299,000

      Historical Church with Renovation

      Renovated historical church in Troup, TX, with many possibilities.
      201 Carolina, Troup, TX 75789
      View Details
    • $100,000
      1,850 SF

      Downtown Troup Building For Sale

      Commercial building in downtown Troup requiring full renovation.
      114 W Duval, Troup, TX 75789
      View Details
    • $1,750,000

      Commercial Farm Property For Sale

      Commercial property ready for immediate plant production with thriving surroundings.
      1037 FM 2750 E, Troup, TX 75789
      View Details
    • $223,000
      1,216 SF

      Two Manufactured Homes Investment Opportunity

      Two well-maintained tenant-occupied manufactured homes with long-term rental potential.
      1495 Co Rd 4224, Troup, TX 75789
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Restored 1908 church with modern updates and historic charm.
    Where is this church & religious facility located?
    The property is located at 201 S Carolina Troup, TX.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Rare, historically significant church property originally built in 1908.; Thoughtfully renovated with modern updates while preserving historic character, including original hardwood floors and exposed oak walls.; Breathtaking stained glass windows providing abundant natural light.
    (903) 570-4915
    We can help!
    Listing Contact
    Lisa Rohus
    Lisa Rohus
    Real Estate License ID: 0635507
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!