Historic Live-Work
For Sale
Contact for pricing
103 West Duval Street, Troup, TX 75789
Commercially zoned property pairs storefront functionality with finished space for living, work, or creative use.
Property Size2,080 SF
Price / SF$156.25
Days on Market103
Property Features for 103 West Duval Street
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Office, Mixed Use, Special Purpose
Zoning
Commercial
Investment Type
Owner/User
Building Details
Year Built
1905
Year Renovated
2024
Buildings
1
Construction
brick
Listing Agency:
Keller Williams Realty Tyler.
Listed By:
Haden Riggs · License #0670076
(903) 780-8006
Source:
Crexi
Added: Jul 23
Changed: Oct 25
Last Checked: Nov 1 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Tyler.
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Investment Insights
Based on property information with market context.
Built in 1905 and substantially remodeled, this 2,080-square-foot live-work property combines historic character with updated functionality. Original exposed brick, high ceilings, and contemporary finishes define the interior, while the storefront provides a visible commercial setting for retail, studio, salon, or office use. The rear portion includes a full kitchen, two full bathrooms, and two to three flexible rooms suitable for residential, office, or creative purposes.
A fenced yard extends the usable area beyond the building. Zoned Commercial and positioned in downtown Troup, the property offers access to Tyler, Henderson, and nearby communities. Its combination of commercial frontage and finished back-of-house space supports a range of work-and-living configurations without separating the two uses.
A fenced yard extends the usable area beyond the building. Zoned Commercial and positioned in downtown Troup, the property offers access to Tyler, Henderson, and nearby communities. Its combination of commercial frontage and finished back-of-house space supports a range of work-and-living configurations without separating the two uses.
Key Highlights
- 2,080‑square‑foot live‑work property at 103 West Duval Street
- Built in 1905 with original exposed brick and high ceilings
- Commercial zoning supports storefront, office, studio, salon, and live‑work use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,009
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,180
$560.2K
Cap Rate 7%
$400,129
$400.1K
Cap Rate 9%
$311,211
$311.2K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$42.4K $20.40/SF
− Vacancy
−$2.4K −$1.16/SF
EGI
$40.0K $19.24/SF
− OpEx
−$12.0K −$5.77/SF
NOI
$28.0K $13.47/SF
Area
Smith County, TX
Vacancy
5.70%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,180
Cap Rate 7%
$400,129
Cap Rate 9%
$311,211
Alternative Uses
Best Use
Retail
$400.1K
$350.1K – $466.8K
NOI $28,009 @ 7.0% cap · market cap 8.62%
Second Best
Office B
$353.0K
$308.9K – $411.8K
NOI $24,710 @ 7.0% cap · market cap 7.60%
Theoretical Best
Hotel Hospitality
$1.57M
$1.37M – $1.83M
NOI $109,668 @ 7.0% cap · market cap 33.74%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
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Business Placement
Demographics for 75789, TX
8,045
Population
3,350
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
184.5 sq mi
ZIP Area
44
Density / Sq Mi
$83,561
Median Household Income
$44,756
Median Earnings
$983
Median Rent
$192,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Commercially zoned property pairs storefront functionality with finished space for living, work, or creative use.
Where is this live-work space located?
The property is located at 103 West Duval Street Troup, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,080‑square‑foot live‑work property at 103 West Duval Street; Built in 1905 with original exposed brick and high ceilings; Commercial zoning supports storefront, office, studio, salon, and live‑work use
