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301 County Road 436, Thrall, TX, 76578
Unrestricted Live-Work Flex Property

301 County Road 436 Thrall, TX 76578

For Sale
$925,000

Unrestricted live-work and flex setup on fenced acreage with an attached office-residential barndominium and a 4-bay workshop.

Property Size4,500 SF
Lot Size7.65 Acres
Price / SF$205.56
Days on Market16

Property Features for 301 County Road 436

General Information

Standard status
Active
Size
4,500 SF
Lot size
7.65 Acres
Property subtype
Commercial

Building Details

Year Built
2023
Listing Agency: Keller Williams Realty Lone Star
Listed By: Robert Fischer · License #0538860
Source: Elliman
Added: Jul 9 Changed: Jul 10 Last Checked: Jul 23 at 8:18AM

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 Lone Star


Investment Insights

Based on property information with market context.

This unrestricted live-work and flex property is designed for an owner-user who needs both operational space and on-site office or residential use. The custom-built 4,500 SF barndominium includes a flexible layout with multiple offices or meeting rooms, expansive open work areas, a full kitchen, and three full bathrooms, along with an attached guest suite. Improvements also feature a reinforced 6-inch concrete foundation with additional rebar, closed-cell spray foam insulation, and a metal roof. Additional functionality includes whole-home water filtration and a water softener, along with luxury vinyl plank flooring and custom cabinetry. Two newer HVAC systems (5-ton and 3-ton) are also in place.

The property is fully fenced and includes a lighted driveway, a professionally maintained yard, and a 4-bay workshop with three open bays and one enclosed bay. There is ample space for truck parking, fleet vehicle storage, trailers, and equipment storage, supporting contractor yard and outdoor storage needs. A 1/2-acre pond is also included. Located between Thrall and Thorndale with convenient access to HWY 79, the site offers room for truck and equipment operations and potential future expansion, with buyers encouraged to verify all information.

Key Highlights

  • 4,500 SF custom‑built 2023 barndominium with flexible office/residential and operational space
  • Live‑work setup on 7.645 unrestricted acres with no deed restrictions and convenient access to HWY 79
  • Built for long‑term durability: reinforced 6‑inch concrete foundation with additional rebar, closed‑cell spray foam insulation, and metal roof

Financial Insights For Mixed Use

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 $108.0k $24.00
− Vacancy −$10.8k −$2.40
EGI $97.2k $21.60
− OpEx −$36.5k −$8.10
NOI $60.8k $13.50
4,500 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Office B
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,305 @ 7.0% cap · market cap 11.60%
Second Best
Mixed Use
$867.9K
$759.4K – $1.01M (±1% cap)
NOI $60,750 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M (±1% cap)
NOI $131,678 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Unrestricted live-work and flex setup on fenced acreage with an attached office-residential barndominium and a 4-bay workshop.
Where is this flex space located?
The property is located at 301 County Road 436 Thrall, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 4,500 SF custom‑built 2023 barndominium with flexible office/residential and operational space; Live‑work setup on 7.645 unrestricted acres with no deed restrictions and convenient access to HWY 79; Built for long‑term durability: reinforced 6‑inch concrete foundation with additional rebar, closed‑cell spray foam insulation, and metal roof
More about this property
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