Multi-Building Retail Lot on Watauga
5625 Watauga Road Watauga, TX 76148
5625 Watauga Road, Watauga, TX, 76148
$849,000
For Sale
$849,000
SINGLE_FAMILY - Watauga, TX
Property Size2,100 SF
Lot Size0.50 Acres
Price / SF$404.29
Days on Market216
Property Features for 5625 Watauga Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 02688786
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Description
- SCHELLINGER, I J SUBDIVISION BLOCK 5 LOT 5
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete, Combination
Listing agency
Parabran Realty Firm LLC
(214) 629-7787
Listed by
Fabian Gregorio · License #0801208
(713) 331-5433
Added: Dec 18, 2025 Updated: Jul 9 at 12:33PM Checked: Jul 22 at 6:06AM
MLS# 21078142
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.
For sale: a multi-building retail-oriented lot with two structures on site, both included in the sale. The commercial-looking building is approximately 1,100 square feet, and the second structure, which looks like a house, is approximately 1,000 square feet. Buyer should verify all building and use details during due diligence, as no specifications are guaranteed.
The property is directly on Watauga Road and is positioned in front of an upcoming Mr. Froze Margaritas development, which will include a children’s playground, specialty drinks, and food trucks. The site is described as being about 20 minutes from DFW International Airport, 10 minutes from I-35 and TX-183, and about 5 minutes from US-377 and Highway 820.
This listing presents a straightforward two-building configuration on a single lot, with frontage along Watauga Road and both buildings being part of the transaction.
The property is directly on Watauga Road and is positioned in front of an upcoming Mr. Froze Margaritas development, which will include a children’s playground, specialty drinks, and food trucks. The site is described as being about 20 minutes from DFW International Airport, 10 minutes from I-35 and TX-183, and about 5 minutes from US-377 and Highway 820.
This listing presents a straightforward two-building configuration on a single lot, with frontage along Watauga Road and both buildings being part of the transaction.
Key Highlights
- Commercial building for sale directly on Watauga Rd with two buildings on the same lot included in the sale
- Approx. 1,100 SF commercial‑looking building plus approx. 1,000 SF house‑looking building
- Central heating and central air
Local Financial Insights For Retail
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 | $52.4k | $24.96 |
| − Vacancy | −$2.6k | −$1.25 |
| EGI | $49.8k | $23.71 |
| − OpEx | −$14.9k | −$7.11 |
| NOI | $34.9k | $16.60 |
2,100 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$498.0K
$435.7K – $581.0K
NOI $34,857 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K
NOI $51,710 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two-building commercial lot fronts Watauga Road, offering approximately 1,100 and 1,000 square feet of space.
Where is this retail space located?
The property is located at 5625 Watauga Road Watauga, TX.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Commercial building for sale directly on Watauga Rd with two buildings on the same lot included in the sale; Approx. 1,100 SF commercial‑looking building plus approx. 1,000 SF house‑looking building; Central heating and central air
