Historic Live-Work Building with
103 W Duval Troup, TX 75789
New
For Sale
$350,000
COMMERCIAL - Troup, TX
Property Size2,080 SF
Lot Size0.05 Acres
Price / SF$168.27
Days on Market2
Property Features for 103 W Duval
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Security features
- Security System
- Fencing
- Fenced
- Standard status
- Active
- Size
- 2,080 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITY OF TROUP BLOCK 4 LOT 32
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1905
- Building materials
- Brick
Listing Agency:
Keller Williams Realty-Tyler
(903) 534-6600
Listed By:
Haden Riggs
(903) 780-8006
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 4:06PM
MLS# 26010236
Copyright © 2026 Greater Tyler Association 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.
Originally built in 1905 and fully transformed through a modern remodel, this downtown property blends original character with updated finishes. Inside, you’ll find exposed brick, soaring ceilings, and a finished layout designed to support a work-and-living approach. The front storefront area can be used for retail, a studio, a salon, or an office, while the back portion includes a full kitchen, two full bathrooms, and 2–3 versatile rooms that could serve as bedrooms, offices, creative spaces, or additional work areas.
The property also includes an outdoor, fenced-in yard space for added flexibility. Zoned commercial, it offers multiple ways to configure the space based on your plans. Located at 103 W Duval in Troup, TX 75789, it’s positioned in the heart of downtown with easy access to Tyler, Henderson, and surrounding communities.
The property also includes an outdoor, fenced-in yard space for added flexibility. Zoned commercial, it offers multiple ways to configure the space based on your plans. Located at 103 W Duval in Troup, TX 75789, it’s positioned in the heart of downtown with easy access to Tyler, Henderson, and surrounding communities.
Key Highlights
- Originally built in 1905 with brick construction and original exposed brick walls
- Commercial zoning with a work/living setup, featuring a storefront plus finished space in the back
- Full kitchen and two full bathrooms, along with 2–3 versatile rooms for bedrooms, offices, or creative space
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 | $42.4k | $20.40 |
| − Vacancy | −$2.4k | −$1.16 |
| EGI | $40.0k | $19.24 |
| − OpEx | −$12.0k | −$5.77 |
| NOI | $28.0k | $13.47 |
2,080 SF · lease $20.40/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$400.1K
$350.1K – $466.8K
NOI $28,009 @ 7.0% cap · market cap 8.00%
Second Best
Office B
$353.0K
$308.9K – $411.8K
NOI $24,710 @ 7.0% cap · market cap 7.06%
Theoretical Best
Hotel Hospitality
$1.57M
$1.37M – $1.83M
NOI $109,668 @ 7.0% cap · market cap 31.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Remodeled 1905 downtown property with storefront, full kitchen, two full bathrooms, and a fenced yard on commercial zoning.
Where is this live-work space located?
The property is located at 103 W Duval Troup, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Originally built in 1905 with brick construction and original exposed brick walls; Commercial zoning with a work/living setup, featuring a storefront plus finished space in the back; Full kitchen and two full bathrooms, along with 2–3 versatile rooms for bedrooms, offices, or creative space
