Castle-Style Mixed-Use
For Sale
$599,900
19045 CR 139, Flint, TX 75762
Commercial Sale, Flint, TX
Property Size3,180 SF
Lot Size1.12 Acres
Price / SF$188.65
Days on Market143
Property Features for 19045 CR 139
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Outside City Limits
Directions
From Tyler, go South on Old Jacksonville Hwy, to Flint. Turn Right at red light in Flint, follow around the curve, then turn right on CR 139, & right onto Burkett Rd. Property is immediately on the corner of CR 139 & Burkett Rd. (across from Flint Baptist Church)
Standard status
Active
Size
3,180 SF
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ABST A0018 T QUEVADO TRACT 34A, 34, 35A S01
Legal Description
ABST A0018 T QUEVADO TRACT 34A, 34, 35A S01
Building Details
Year built
2009
Building materials
Stone, Stucco, Brick
Listing Agency:
eXp Realty, LLC-Austin
(888) 519-7431
Listed By:
Lacy Walker · License #0469614
(903) 571-9270
Added: Mar 31
Changed: Aug 20
Last Checked: Aug 20 at 9:06PM
MLS# 26005334
Copyright © 2026 Greater Tyler Association 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.
Investment Insights
Based on property information with market context.
Constructed in 2009, this 3,180-square-foot mixed-use property combines a private residence with an operating garden and nursery center. The custom-built design incorporates turret-style architecture and stone, stucco, and brick construction. A business office is accessed through a concealed door and includes a private entrance arrangement that may support flexible separation between residential and commercial areas.
The property occupies 1.12 acres on a corner lot in Flint, with access just off Old Jacksonville Highway and minutes from Loop 49. The grounds include parking and additional open area associated with the current nursery and garden operation. Its residential and commercial components are integrated into a distinctive physical setting suited to continued mixed-use occupancy.
The property occupies 1.12 acres on a corner lot in Flint, with access just off Old Jacksonville Highway and minutes from Loop 49. The grounds include parking and additional open area associated with the current nursery and garden operation. Its residential and commercial components are integrated into a distinctive physical setting suited to continued mixed-use occupancy.
Key Highlights
- 3,180‑square‑foot mixed‑use property combining a private residence with a garden and nursery center
- 1.12‑acre corner‑lot property in Flint
- Custom‑built in 2009 with turret‑style architecture
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,198
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$643,960
$644.0K
Cap Rate 7%
$459,971
$460.0K
Cap Rate 9%
$357,756
$357.8K
Market Conditions
NOI Build-Up for 3,180 SF
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.
Gross rent
$57.2K $18.00/SF
− Vacancy
−$5.7K −$1.80/SF
EGI
$51.5K $16.20/SF
− OpEx
−$19.3K −$6.07/SF
NOI
$32.2K $10.13/SF
Area
Smith County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$643,960
Cap Rate 7%
$459,971
Cap Rate 9%
$357,756
Alternative Uses
Best Use
Mixed Use
$460.0K
$402.5K – $536.6K
NOI $32,198 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.40M
$2.10M – $2.79M
NOI $167,666 @ 7.0% cap · market cap 27.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 75762, TX
13,923
Population
6,052
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
97%
High-School Grad
44.7 sq mi
ZIP Area
311
Density / Sq Mi
$91,429
Median Household Income
$47,587
Median Earnings
$1,201
Median Rent
$283,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Custom-built layout combines residential space with an operating garden and nursery center.
Where is this mixed-use property located?
The property is located at 19045 CR 139 Flint, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3,180‑square‑foot mixed‑use property combining a private residence with a garden and nursery center; 1.12‑acre corner‑lot property in Flint; Custom‑built in 2009 with turret‑style architecture
