Historic Commercial Live-Work
704 Fm 2657 Briggs, TX 78608
For Sale
$400,000
Unrestricted 3.95-acre property with a historic structure and existing private water infrastructure on FM frontage.
Property Size2,036 SF
Lot Size3.95 Acres
Price / SF$196.46
Days on Market71
Property Features for 704 Fm 2657
General Information
- Standard status
- Active
- Size
- 2,036 SF
- Lot size
- 3.95 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1880
Listing Agency:
(512) 922-3002
Listed By:
Shanan Shepherd · License #0579885
(512) 922-3002
Source:
Elliman
Added: May 15
Changed: Jul 22
Last Checked: Jul 23 at 9:21AM
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 Shanan Shepherd
Investment Insights
Based on property information with market context.
This unrestricted 3.95-acre property includes a historic structure built in 1880 totaling 2,036 square feet. The building offers flexible space that may support a variety of commercial uses, with buyer to verify intended use. Major infrastructure is already in place, including a newly installed private water system with a 16x24 slab-built well house, two 2,500-gallon storage tanks, and a booster pump.
The property features FM frontage on FM 2657 in Briggs, Texas, within Burnet County oversight and without city zoning restrictions as stated in the remarks. With open space and neighboring agricultural and botanical operations, the site is positioned for businesses seeking visibility and on-site utilities.
Along with its historic character, the combination of existing water infrastructure and unrestricted land provides a foundation for an owner-user, business operator, or investor to build, expand, or reimagine the property based on their plans, subject to buyer verification of intended use.
The property features FM frontage on FM 2657 in Briggs, Texas, within Burnet County oversight and without city zoning restrictions as stated in the remarks. With open space and neighboring agricultural and botanical operations, the site is positioned for businesses seeking visibility and on-site utilities.
Along with its historic character, the combination of existing water infrastructure and unrestricted land provides a foundation for an owner-user, business operator, or investor to build, expand, or reimagine the property based on their plans, subject to buyer verification of intended use.
Key Highlights
- Unrestricted 3.95‑acre Burnet County property with FM 2657 frontage
- Historic 2,036 SF structure built in 1880 for office, retail, showroom, hospitality, or specialty commercial use (buyer to verify)
- Private water system in place with 16x24 slab‑built well house
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 | $36.6k | $18.00 |
| − Vacancy | −$3.7k | −$1.80 |
| EGI | $33.0k | $16.20 |
| − OpEx | −$12.4k | −$6.07 |
| NOI | $20.6k | $10.13 |
2,036 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$611.3K
$534.9K – $713.2K
NOI $42,790 @ 7.0% cap · market cap 10.70%
Second Best
Retail
$532.7K
$466.1K – $621.5K
NOI $37,288 @ 7.0% cap · market cap 9.32%
Theoretical Best
Hotel Hospitality
$1.53M
$1.34M – $1.79M
NOI $107,348 @ 7.0% cap · market cap 26.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Unrestricted 3.95-acre property with a historic structure and existing private water infrastructure on FM frontage.
Where is this live-work space located?
The property is located at 704 Fm 2657 Briggs, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Unrestricted 3.95‑acre Burnet County property with FM 2657 frontage; Historic 2,036 SF structure built in 1880 for office, retail, showroom, hospitality, or specialty commercial use (buyer to verify); Private water system in place with 16x24 slab‑built well house
