101 Runnels, De Kalb, TX 75559
- Added:
- Jul 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 9 at 6:06 pm
Property Features for 101 Runnels
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 3
- Parking
- 10
- Standard status
- Active
- Size
- 4,048 SF
- Lot size
- 0.06 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
Listing agent Misty Toliver License #TX 570909 (903) 748-3380
Listing office Rip England Premier Realty LLC 102 E Main St., Texarkana, TX (903) 628-1234
Listing date Jul 9, 2026
Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑story commercial event venue with upstairs 1‑bedroom apartment, accessed by private sidewalk entrance and staircase
- Upstairs apartment has approx. 1,300 sq ft, including spacious bedroom with sitting area, walk‑in closet, full bath, and kitchen with eat‑in bar and breakfast nook
- Apartment includes stackable washer and dryer in the walk‑in closet and is currently used as an income‑producing rental
- Downstairs offers approx. 2,700 sq ft event space for 150–200 guests, with commercial kitchen, multiple restrooms, and private room with its own kitchenette
- Building is fully wired for internet and PA system use; utilities include public water and public sewer
- Construction materials: brick; flooring: vinyl; HVAC: central air with electric heating
Overview
The downstairs level provides approximately 2,700 square feet of event space designed to accommodate about 150 to 200 guests. Event amenities include a commercial kitchen, multiple restrooms, and a private room that includes its own kitchenette. The building is fully wired for internet and PA system use.
Located in DeKalb, Texas (Bowie County), this setup supports day-to-day operation for hosted gatherings while also providing on-site living or rental income through the separate upstairs unit. The combination of dedicated event space, guest-ready restroom facilities, and a commercial kitchen makes the property well suited to hosting weddings, receptions, reunions, showers, and corporate events.
Local Financial Insights For Apartment 5plus
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 | $50.0k | $12.36 |
| − Vacancy | −$6.0k | −$1.48 |
| EGI | $44.0k | $10.88 |
| − OpEx | −$19.8k | −$4.89 |
| NOI | $24.2k | $5.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- De Kalb
- County
- Bowie
- State
- Texas
- Longitude
- -94.6164982
- Latitude
- 33.5089033
