Two-Building Office
For Sale
$215,000
227 Texas Street, Cedar Hill, TX 75104
CommercialSale, Cedar Hill, TX
Property Size1,290 SF
Lot Size0.15 Acres
Price / SF$166.67
Days on Market150
Property Features for 227 Texas Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Subdivision
Bailey Heights
Directions
From US-67 Travel on US-67 toward Cedar Hill. Take the exit toward Downtown Cedar Hill and Main Street. Continue toward the downtown district and follow signs for Main St. Turn onto Texas Street. Continue to 227 Texas Street (property will be along Texas Street in the downtown area).
Standard status
Active
APN
16002500030100000
Lot size
0.15 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
Brick
Roof type
Composition
Listing Agency:
Franchise Real Estate Group
(800) 883-2571
Listed By:
Charlondra Thompson · License #0706701
(945) 345-4860
Added: Apr 8
Changed: Aug 21
Last Checked: Sep 4 at 6:06PM
MLS# 21201677
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 office property comprises two separate buildings on a 0.1481-acre lot, with approximately 1,290 SF combined. The front structure includes a lobby, restroom, and open-use area, while the second building offers additional space for offices, meetings, or dedicated work areas. The layout allows functions to be organized across distinct structures without combining them into a single interior footprint.
Built in 1972, the property features brick construction, laminate flooring, central heating, central air, and composition roofing. It is located at 227 Texas Street in Cedar Hill, Texas, with access to major corridors. Zoning, permitted use, and other property details are subject to buyer verification.
Built in 1972, the property features brick construction, laminate flooring, central heating, central air, and composition roofing. It is located at 227 Texas Street in Cedar Hill, Texas, with access to major corridors. Zoning, permitted use, and other property details are subject to buyer verification.
Key Highlights
- Two buildings totaling approximately 1,290 SF combined
- 0.1481‑acre commercial lot at 227 Texas Street
- Front building includes a lobby, restroom, and open‑use area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,286
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$365,720
$365.7K
Cap Rate 7%
$261,229
$261.2K
Cap Rate 9%
$203,178
$203.2K
Market Conditions
NOI Build-Up for 1,290 SF
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.
Gross rent
$32.5K $25.20/SF
− Vacancy
−$8.1K −$6.30/SF
EGI
$24.4K $18.90/SF
− OpEx
−$6.1K −$4.73/SF
NOI
$18.3K $14.17/SF
Area
Dallas County, TX
Vacancy
25.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$365,720
Cap Rate 7%
$261,229
Cap Rate 9%
$203,178
Alternative Uses
Best Use
Office B
$261.2K
$228.6K – $304.8K
NOI $18,286 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.46M
$13.53M – $18.04M
NOI $1,082,394 @ 7.0% cap · market cap 503.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
Explore this area
Business Placement
Demographics for 75104, TX
49,749
Population
17,365
Households
2.9
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
36.9 sq mi
ZIP Area
1,348
Density / Sq Mi
$91,147
Median Household Income
$46,579
Median Earnings
$1,886
Median Rent
$274,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Separate structures support distinct office, meeting, administrative, or work-area configurations on one commercial lot.
Where is this office units located?
The property is located at 227 Texas Street Cedar Hill, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two buildings totaling approximately 1,290 SF combined; 0.1481‑acre commercial lot at 227 Texas Street; Front building includes a lobby, restroom, and open‑use area
