Two-Story Event Venue with
101 Runnels De Kalb, TX 75559
New
COMMERCIAL - DeKalb, TX
Property size:
4,048 SFLot size:
0.06 AcresPrice / SF:
$86/SF- Added:
- Jul 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 9 at 8:06 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
MLS# 200925
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.
Investment Insights
Based on property information with market context.
A beautifully restored, two-story property offering a fully functional commercial event venue with an upstairs one-bedroom apartment. The upstairs apartment is accessed by a private sidewalk entrance and staircase and includes an approximately 1,300-square-foot layout with a spacious bedroom with sitting area, a walk-in closet with stackable washer and dryer, a full bathroom, and a kitchen with an eat-in bar and breakfast nook. The property is currently used as an income-producing rental.
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.
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.
Key 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
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 |
4,048 SF · lease $12.36/SF/yr · vacancy 12.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$345.9K
$302.7K – $403.6K
NOI $24,216 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.05M
$2.67M – $3.56M
NOI $213,431 @ 7.0% cap · market cap 61.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Venice Pizza
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - Restored two-story event venue with commercial kitchen, multiple restrooms, and an upstairs one-bedroom rental apartment.
Where is this wedding venue located?
The property is located at 101 Runnels De Kalb, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 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
