Sign Up Successful!
You now have access to more from Realmo!
    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

    213 W Eldred St Burleson, TX 76028

    Sponsored
    For Sale
    $350,000

    Business - Burleson, TX

    Type:Business
    Lot size:
    0.33 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 24 at 3:06 am

    Property Features for 213 W Eldred St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    126255203650
    Parking features
    On Street
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Natural Gas, Wall Furnace
    Cooling system
    Attic Fan, Multi Units, Window Unit(s)

    Building Details

    Year built
    1914
    Flooring type
    Wood
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Chris Reeves

    Trinity Group Realty (817) 941-6454

    Listing agent Chris Reeves (817) 941-6454 License #0517863

    Listing date Jan 20, 2026

    MLS# 21158276 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.

    Learn more

    Property Insight Report

    Overview

    Commercial Land in Old Town

    This property presents a commercial opportunity near the heart of Old Town Burleson. The 0.33-acre lot, currently zoned residential, is positioned in a rapidly growing area. Its location offers visibility and accessibility, making it suitable for redevelopment into office space, boutique retail, or professional services. The property's proximity to downtown Burleson, local shops, dining, and ongoing development enhances its potential for rezoning and commercial use. Buyers are advised to confirm rezoning possibilities and permitted uses with the City of Burleson. This location is in a high-demand area with continued growth and revitalization.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Burleson
    County
    Johnson
    State
    Texas
    Longitude
    -97.323563
    Latitude
    32.53987

    Nearby Similar for Sale

    • New
      $509,000
      3,239 SF

      New Duplex Near Old Town

      New construction duplex in prime location near dining and shopping.
      333 N Field St, Burleson, TX 76028
      View Details
    • $1,350,000
      0.57 Acres

      Updated Office Building in Burleson

      Versatile building suitable for office, retail, or event space.
      116 N Clark St, Burleson, TX 76028
      View Details
    • $799,900
      1.78 Acres

      Versatile Commercial Building Near Burleson

      6,000 SF building with flexible space and ample parking.
      5321 E Fm 1187, Burleson, TX 76028
      View Details
    • $2,500,000
      2.31 Acres

      Burleson Commercial Building For Sale

      Commercial building with offices, storage, and roll-up doors.
      3015 S Burleson Blvd, Burleson, TX 76028
      View Details
    • $691,000
      1.73 Acres

      Turnkey Warehouse Investment Opportunity

      Versatile warehouse on 1.73 acres with sale-leaseback option.
      5900 Retta Mansfield Rd, Burleson, TX 76028
      View Details
    • $1,500,000
      2,335 SF

      Turn-Key Burleson Farm and Ranch

      10-acre farm and ranch property with extensive equestrian facilities.
      1824 Fm 731, Burleson, TX 76028
      View Details
    • $399,000
      0.22 Acres

      Remodeled Duplex with Positive Cashflow

      100% occupied duplex in Burleson, TX with immediate cashflow.
      820 Ash St, Burleson, TX 76028
      View Details
    • $980,000
      0.75 Acres

      Burleson Commercial Space For Sale

      Commercial space on 0.75 acres in high-traffic area.
      120 NW Newton Dr, Burleson, TX 76028
      View Details
    • New
      $299,000
      0.16 Acres

      Burleson Duplex with Rental Income

      Duplex in Burleson, TX, with long-term tenants and income potential.
      353 N Field St, Burleson, TX 76028
      View Details
    • $899,000
      0.39 Acres

      Burleson Restaurant with Double Drive-Thru

      Restaurant opportunity with double drive-thru in high-traffic Burleson location.
      330 John Jones Dr, Burleson, TX 76028
      View Details
    • $325,000
      1.08 Acres

      Burleson Commercial/Mixed-Use Redevelopment Opportunity

      1.076 acre site with redevelopment potential near I-35.
      5980 Retta Mansfield Rd, Burleson, TX 76028
      View Details
    • $4,200,000
      2,000 SF

      Burleson Land with RV Park

      40-acre property with RV park and income potential.
      215 W Bethesda Rd, Burleson, TX 76028
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land near downtown Burleson with high redevelopment potential.
    Where is this commercial land located?
    The property is located at 213 W Eldred St Burleson, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime location steps from the heart of Old Town Burleson.; - Exceptional opportunity for future commercial use.; - Located in a rapidly growing and desirable area.
    (817) 941-6454
    Request Owner's contact information
    213 W Eldred St Burleson, TX 76028
    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.
    213 W Eldred St
    Burleson, TX 76028
    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
    213 W Eldred St Burleson, TX 76028
    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

    We can help!
    Listing Contact
    Chris Reeves
    Real Estate License ID: 0517863
    (817) 941-6454
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.