Historic Two-Story Commercial
206 Mckinney Street Farmersville, TX 75442
New
206 Mckinney Street, Farmersville, TX, 75442
$850,000
For Sale
$850,000
COMMERCIAL - Farmersville, TX
Property Size4,816 SF
Lot Size0.05 Acres
Price / SF$176.50
Days on Market2
Property Features for 206 Mckinney Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Assigned
- Standard status
- Active
- APN
- R1045009028B1
- Size
- 4,816 SF
- Lot size
- 0.05 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1895
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Tile
- Building materials
- Brick, FiberCement
- Roof type
- Tar/Gravel
Listing agency
Keller Williams Prosper Celina
(972) 382-8882
Listed by
Jane Mercer · License #0796238
(972) 382-8882
Added: Jul 20 Updated: Jul 21 at 1:51AM Checked: Jul 21 at 9:06AM
MLS# 21331723
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.
Investment Insights
Based on property information with market context.
Built in 1895, this two-story commercial building offers an existing first-floor coffee shop use along with a versatile second-floor space. The first floor is occupied by Cup and Canter Coffee House. The second floor includes a kitchenette, two bedrooms, a large great room, two full bathrooms, abundant storage, and oversized windows overlooking the downtown streetscape.
Located at 206 McKinney Street in Farmersville, TX 75442, the building sits in Historic Downtown Farmersville and is surrounded by locally owned shops, restaurants, and year-round community events. The town hosts the Audie Murphy Day & Onion Festival.
The property is listed for sale and includes approximately 4,816 square feet on an approximately 0.0522-acre lot. Measurements and other details are approximate and should be verified by buyers.
Located at 206 McKinney Street in Farmersville, TX 75442, the building sits in Historic Downtown Farmersville and is surrounded by locally owned shops, restaurants, and year-round community events. The town hosts the Audie Murphy Day & Onion Festival.
The property is listed for sale and includes approximately 4,816 square feet on an approximately 0.0522-acre lot. Measurements and other details are approximate and should be verified by buyers.
Key Highlights
- Two‑story commercial building built in 1895 with brick and fiber‑cement exterior materials
- Historic downtown Farmersville location on McKinney Street
- Flooring includes wood and tile; roof is tar/gravel
Local 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 | $115.6k | $24.00 |
| − Vacancy | −$9.2k | −$1.92 |
| EGI | $106.3k | $22.08 |
| − OpEx | −$39.9k | −$8.28 |
| NOI | $66.5k | $13.80 |
4,816 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.04M – $1.38M
NOI $82,940 @ 7.0% cap · market cap 9.76%
Second Best
Mixed Use
$949.4K
$830.8K – $1.11M
NOI $66,461 @ 7.0% cap · market cap 7.82%
Theoretical Best
Industrial
$4.79M
$4.19M – $5.58M
NOI $334,983 @ 7.0% cap · market cap 39.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
12 Stories by ...
Cafe & Coffee Shop
Christ Culture Community ...
Church
Similar For Sale Nearby
Similar Off Market Nearby
- NutritionVille — 604 S State Hwy 78 Ste 107, Farmersville, TX 75442
- Rise and Brew — 604 S State Hwy 78 Ste 117, Farmersville, TX 75442
FAQs
What type of property is this?
Coffee shop - Built in 1895, the property includes a first-floor coffee use and a second-floor living or commercial space.
Where is this coffee shop located?
The property is located at 206 Mckinney Street Farmersville, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑story commercial building built in 1895 with brick and fiber‑cement exterior materials; Historic downtown Farmersville location on McKinney Street; Flooring includes wood and tile; roof is tar/gravel
