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    4861 Highway 199 E Springtown, TX 76082

    For Sale
    $999,000

    Business - Reno, TX

    Type:Business
    Lot size:
    1.39 Acres
    Days on Market:
    127
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 4861 Highway 199 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    R000054225
    Parking features
    Garage, Open
    Lot size
    1.39 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2004
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    FAITHBRIDGE PROPERTY COMPANY (817) 757-7176

    Listing agent Alice Winegar (817) 441-7400 License #0488409

    Listing date Aug 6, 2025

    MLS# 20797378 Listing URL

    Copyright © 2025 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.

    Overview

    Highway Frontage Commercial Land in Reno

    This commercial real estate listing features a 1.39-acre property at 4861 East Highway 199 in Reno, Texas, offering 355.47 feet of highway frontage. One third of the land is currently used for road base parking and is leased on a monthly basis. The property includes a home and office with a combined area of 1980 square feet, constructed from R panel steel without load bearing walls. An additional 880 square feet of porch space is available, which could be enclosed to create a total of 2,200 square feet of usable business area. Located in Parker County, one of the fastest-growing counties in Texas, the site is positioned on Highway 199, an ideal spot for a new business. The location is approximately 25 miles from downtown Fort Worth, 18 miles from Weatherford, 3 miles from Azle, and 18 miles from Decatur.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.678223
    Latitude
    32.977534

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    FAQs

    What type of property is this?
    Commercial land - 1.39 acres with highway frontage, ideal for business.
    Where is this commercial land located?
    The property is located at 4861 Highway 199 E Springtown, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Excellent location on Highway 199 in Reno, Texas.; - 1.39 acres with **355.47 feet of highway frontage.**; - Located in Parker County, one of the fastest-growing counties in Texas.
    (817) 441-7400
    Request Owner's contact information
    4861 Highway 199 E Springtown, TX 76082
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    Springtown, TX 76082
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    Realmo Value Estimation

    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.

    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.

    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
    4861 Highway 199 E Springtown, TX 76082
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