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    Turnkey Floral and Gift Retail Title is generated by Realmo AI

    133 N Texas Street, De Leon, TX 76444

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    Claim this Listing
    For Sale
    $355,000

    SINGLE_FAMILY - De Leon, TX

    Type:Retail
    Property size:
    3,000 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $118/SF
    Added:
    May 26, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 2 at 9:06 pm

    Property Features for 133 N Texas Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Open, Alley, Parking Lot, On Street
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    000000000743
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Description
    ORIG DELEON, BLOCK 24, LOT 3 PT OF, (TR 10)
    Tax Annual Amount
    922

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1919
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick

    We can help!

    Listing Contact
    Brittany Elkins
    Brittany Elkins

    Listing agent Brittany Elkins

    Listing office Ebby Halliday Realtors Forney, TX

    Listing date May 26, 2026

    MLS# 20938891

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two connected downtown De Leon commercial buildings totaling 3,000+ SF of combined retail and operational space
    • Fully equipped back design room with walk‑in floral cooler, storage, and prep areas
    • Established Floral & Gifts business in operation for 73 years
    • Main showroom with hardwood floors, central heating, central air, and ceiling fan(s)
    • Parking options include parking lot, open parking, on‑street parking, and alley access
    • Utilities include public water and public sewer

    Overview

    This turnkey floral and gift retail opportunity includes two connected commercial buildings with retail and operational space designed for both customer shopping and efficient in-store workflow. The main showroom is bright and open with natural light and dedicated display areas for seasonal merchandise, floral arrangements, home decor, and gifts, along with a main site for local shipping. The back of the building features a fully equipped design room, a walk-in floral cooler, and additional storage and prep areas ready for day-to-day production. The second attached building was expanded to support growth, adding additional showroom space, checkout stations, gift displays, and stockroom capacity.

    Located in downtown De Leon on a prime, high-traffic setting, the property offers excellent visibility with signage and convenient customer parking, supporting strong walk-in traffic. The existing layout supports both in-store sales and order fulfillment activities, including local shipping operations.

    A strong fit for an experienced florist or an entrepreneur ready to step into a respected brand, this business has been operating for 73 years and has built a trusted reputation across multiple generations. The offering is supported by both in-person demand and online channels, including a website and an Amazon store, along with loyal long-term customers and a solid presence in the local and surrounding communities for floral and gifting needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Price's Flowers & Gifts (Bike/Boat/Book/etc) Store UPS Authorized Shipping ... Courier Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    De Leon
    County
    Comanche
    State
    Texas
    Longitude
    -98.536563
    Latitude
    32.109332

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    FAQs

    What type of property is this?
    Retail space - Own a 73-year legacy with two connected buildings and a fully equipped design room plus walk-in floral cooler.
    Where is this retail space located?
    The property is located at 133 N Texas Street De Leon, TX.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: Two connected downtown De Leon commercial buildings totaling 3,000+ SF of combined retail and operational space; Fully equipped back design room with walk‑in floral cooler, storage, and prep areas; Established Floral & Gifts business in operation for 73 years
    (972) 772-1369
    We can help!
    Listing Contact
    Brittany Elkins
    Brittany Elkins
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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