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Property profile & analytics

6421 State Highway 31 Murchison, TX 75778

  • Commercial real estate
  • 10,371 SF
  • 0.47 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-7049422
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 6421 State Highway 31

Year built
1972
Lot size
0.47 lot acres
Property size
10,371 SF
Property type
Commercial real estate
APN
3600-0006-0140-71
APU
36000006014071

Description

This exceptional 10,371 square foot retail mini-strip center presents a lucrative investment or owner-user opportunity. Strategically situated on heavily trafficked State Highway 31 in Murchison, Texas, this property enjoys high visibility between the cities of Athens and Tyler. The center comprises three units within Building 1. The largest unit boasts 4,500 square feet, while the two remaining units offer approximately 2,000 square feet each. Currently, one suite (6421-C) is occupied by a tenant. A former laundromat, complete with existing equipment and machines, is also available. The property sits on a 0.47-acre lot. Interestingly, a single-bay hand car wash was once attached to the laundromat building, and an existing drain is still in place. Prospective buyers are advised to verify zoning regulations to determine the feasibility of resuming car wash operations. This property offers significant potential for a variety of retail uses and is priced at $600,000. The high traffic count on Highway 31 ensures excellent exposure for any business operating within this center. This is a rare opportunity to acquire a well-located retail property in a growing area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Murchison
County
Henderson
State
Texas
Longitude
-95.7508
Latitude
32.2782
CBSA code
11980
CBSA name
ATHENS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,755
$5,086
$152,792
$157,878
-
$5,086
$152,792
$157,878
More about this property
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