Mixed-Use Property with RV
For Sale
$399,000
Pending
130-128 Gonzales Street, Paige, TX 78659
Versatile commercial property with a separate studio residence, RV utility connections, and multiple existing building features.
Property Size2,144 SF
Lot Size0.81 Acres
Days on Market1444
Property Features for 130-128 Gonzales Street
General Information
Standard status
Pending
Size
2,144 SF
Total Parking Spaces
4
Lot size
0.81 Acres
Property subtype
Commercial Sale / Mixed Use
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Equipment Included
No
Taxes and HOA fees
Annual Taxes
$1,360
Amenities
cozy studio house
upgraded kitchen
gleaming wood floors
modern full bathroom
durable metal roof
two separate septic systems
RV parking with electrical and water hookups
lighted highway sign
Building Details
Year Built
1935
Buildings
1
Listing Agency:
Stanberry REALTORS
Listed By:
Jeffrey Estes · License #0657283
(325) 669-9021
Source:
Compass
Added: Nov 4, 2022
Changed: Oct 12
Last Checked: Oct 16 at 10:47AM
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 Stanberry REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property at 130-128 Gonzales Street includes a primary commercial building with an updated interior, select fixtures, and a layout that includes space for a chapel or fellowship hall, kitchen, and other community-oriented uses. Commercial-grade appliances may also be negotiated. The property encompasses 0.81 acres and includes a separate 720-square-foot studio residence with an upgraded kitchen, wood flooring, full bathroom, and metal roof.
A second portion of the property at 127 Lockhart is configured for RV parking, with electrical and water hookups for four RVs. Two separate septic systems serve the property. A lighted highway sign at the corner of Gonzales and Hwy 290 may be conveyed, subject to the existing owner's agreement to continue renting the sign space to the buyer.
A second portion of the property at 127 Lockhart is configured for RV parking, with electrical and water hookups for four RVs. Two separate septic systems serve the property. A lighted highway sign at the corner of Gonzales and Hwy 290 may be conveyed, subject to the existing owner's agreement to continue renting the sign space to the buyer.
Key Highlights
- 0.81‑acre mixed‑use property on Gonzales Street in Paige, TX
- Separate 720 sq. ft. studio house with upgraded kitchen and full bathroom
- RV area at 127 Lockhart has electrical and water hookups for four RVs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,376
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,520
$707.5K
Cap Rate 7%
$505,371
$505.4K
Cap Rate 9%
$393,067
$393.1K
Market Conditions
NOI Build-Up for 2,144 SF
Gross rent
$64.3K $30.00/SF
− Vacancy
−$7.7K −$3.60/SF
EGI
$56.6K $26.40/SF
− OpEx
−$21.2K −$9.90/SF
NOI
$35.4K $16.50/SF
Area
Bastrop County, TX
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,520
Cap Rate 7%
$505,371
Cap Rate 9%
$393,067
Alternative Uses
Best Use
Retail
$539.3K
$471.9K – $629.2K
NOI $37,752 @ 7.0% cap · market cap 9.46%
Second Best
Mixed Use
$505.4K
$442.2K – $589.6K
NOI $35,376 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$840.2K
$735.1K – $980.2K
NOI $58,811 @ 7.0% cap · market cap 14.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 78659, TX
3,911
Population
1,339
Households
2.9
Avg Household Size
42
Median Age
37%
College-Educated
97%
High-School Grad
116.7 sq mi
ZIP Area
34
Density / Sq Mi
$100,625
Median Household Income
$54,471
Median Earnings
$332,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile commercial property with a separate studio residence, RV utility connections, and multiple existing building features.
Where is this mixed-use property located?
The property is located at 130-128 Gonzales Street Paige, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 0.81‑acre mixed‑use property on Gonzales Street in Paige, TX; Separate 720 sq. ft. studio house with upgraded kitchen and full bathroom; RV area at 127 Lockhart has electrical and water hookups for four RVs
