Corner Storefront
1400 Farm To Market Road 609, Flatonia, TX 78941
For Sale
$250,000
Lot, Flatonia, TX
Property Size1,420 SF
Lot Size0.63 Acres
Price / SF$176.06
Days on Market133
Property Features for 1400 Farm To Market Road 609
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Exterior features
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Corner Location
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Buildings
Listing Agency:
South Central Real Estate
Listed By:
Tanya Schindler
Flatonia: 361-865-2563 Schulenburg: 979-743-3465
Added: Jul 1
Changed: Oct 27
Last Checked: Nov 10 at 6:06PM
MLS# 152432
Copyright © 2026 South Central Texas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1.5-story storefront property sits on a 0.63-acre corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia. The building includes multiple desk and work areas, a small kitchen, one full bathroom, and one half bath, creating a practical layout for office or customer-facing commercial use. The property was built in 1984 with standard-frame construction, wood exterior features, a metal roof, and public water service.
The real estate business previously operating from the building is not included in the sale. A storage shed currently associated with the land will be removed. The corner setting provides direct exposure to both intersecting roads, while the interior configuration offers several defined areas for business operations.
The real estate business previously operating from the building is not included in the sale. A storage shed currently associated with the land will be removed. The corner setting provides direct exposure to both intersecting roads, while the interior configuration offers several defined areas for business operations.
Key Highlights
- 0.63‑acre corner lot at the intersection of FM 609 and Slaughterhouse Road
- 1.5‑story commercial building with multiple desk and work areas
- One full bathroom and one half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,234
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,680
$384.7K
Cap Rate 7%
$274,771
$274.8K
Cap Rate 9%
$213,711
$213.7K
Market Conditions
NOI Build-Up for 1,420 SF
Gross rent
$29.1K $20.52/SF
− Vacancy
−$1.7K −$1.17/SF
EGI
$27.5K $19.35/SF
− OpEx
−$8.2K −$5.81/SF
NOI
$19.2K $13.55/SF
Area
Fayette County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,680
Cap Rate 7%
$274,771
Cap Rate 9%
$213,711
Alternative Uses
Best Use
Retail
$274.8K
$240.4K – $320.6K
NOI $19,234 @ 7.0% cap · market cap 7.69%
Second Best
Office B
$271.7K
$237.8K – $317.0K
NOI $19,020 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$361.9K
$316.7K – $422.3K
NOI $25,336 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78941, TX
3,006
Population
1,749
Households
1.7
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
161.8 sq mi
ZIP Area
19
Density / Sq Mi
$75,694
Median Household Income
$36,270
Median Earnings
$882
Median Rent
$171,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial building with work areas, kitchen space, and two bathrooms on a visible corner parcel.
Where is this storefront property located?
The property is located at 1400 Farm To Market Road 609 Flatonia, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.63‑acre corner lot at the intersection of FM 609 and Slaughterhouse Road; 1.5‑story commercial building with multiple desk and work areas; One full bathroom and one half bath
