Automotive Service Facility with
206 Watters Street Cleburne, TX 76031
206 Watters Street, Cleburne, TX, 76031
$425,000
For Sale
$425,000
COMMERCIAL - Cleburne, TX
Property Size3,320 SF
Lot Size0.23 Acres
Price / SF$128.01
Days on Market117
Property Features for 206 Watters Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, Driveway, Open, Secured, Oversize
- Standard status
- Active
- APN
- 126280020840
- Size
- 3,320 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LOT 1 NW PT BLK 370 ORIGINAL CLEBURNE 126.552
- Tax Annual Amount
- 3405
Utilities
- Sewer type
- Public Sewer
- Heating system
- Space Heater
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency
Keller Williams Brazos West
(817) 279-6996
Weatherford, TX
Listed by
Paula Maples · License #0557491
(817) 441-4000
Added: Mar 24 Checked: Jul 18 at 12:06 am
MLS# 21159221
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.
This turnkey automotive service property is built for an efficient repair workflow, featuring four spacious service bays and three car lifts. An on-site owner’s office supports day-to-day operations, along with additional office space that is currently positioned to function as income-producing rental or overflow workspace. The site is designed with practical vehicle access and ample on-site parking, and it is fully fenced for added security.
Located in Cleburne, Texas, the property benefits from a long-standing automotive presence in the community. Its configuration supports both service operations and administrative needs on the same premises, with room for continued business activity at a functional, established site.
For owner-operators, this layout offers a ready-to-run setup for automotive repair, maintenance, or specialty services. For investors, the additional office space provides flexibility for rental income or operational overflow, depending on the business plan. With a proven configuration and purpose-built improvements, the property can serve as a stable platform for ongoing operations or growth, with all parties encouraged to verify details including sizes, taxes, and other information.
Located in Cleburne, Texas, the property benefits from a long-standing automotive presence in the community. Its configuration supports both service operations and administrative needs on the same premises, with room for continued business activity at a functional, established site.
For owner-operators, this layout offers a ready-to-run setup for automotive repair, maintenance, or specialty services. For investors, the additional office space provides flexibility for rental income or operational overflow, depending on the business plan. With a proven configuration and purpose-built improvements, the property can serve as a stable platform for ongoing operations or growth, with all parties encouraged to verify details including sizes, taxes, and other information.
Key Highlights
- Established automotive facility (year built 1994) designed with efficiency in mind for vehicle service and specialty work.
- Four service bays plus three car lifts for automotive repair, maintenance, or specialty services.
- Includes dedicated owner’s office and additional office space suitable for rental income or overflow office use.
Local Financial Insights For Industrial
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 | $27.0k | $8.12 |
| − Vacancy | −$2.5k | −$0.74 |
| EGI | $24.5k | $7.38 |
| − OpEx | −$7.4k | −$2.21 |
| NOI | $17.2k | $5.17 |
3,320 SF · lease $8.12/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$787.2K
$688.8K – $918.5K
NOI $55,107 @ 7.0% cap · market cap 12.97%
Second Best
Industrial
$245.1K
$214.4K – $285.9K
NOI $17,154 @ 7.0% cap · market cap 4.04%
Theoretical Best
Multifamily LT 5
$39.80M
$34.82M – $46.43M
NOI $2,785,697 @ 7.0% cap · market cap 655.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Rodriguez Automotive — 911 s main st, cleburne, tx 76033
- Cox Diesel & Automotive — 1006 S Main St, Cleburne, TX 76033
- Tire Store Service Center — 1002 S Caddo St, Cleburne, TX 76031
- gOOOdWheels Inc — 1111 S Main St, Cleburne, TX 76033
- Dennis Auto Center — 202 E 3rd St, Cleburne, TX 76031
FAQs
What type of property is this?
Auto shop - Turnkey automotive facility with four service bays, lifts, fenced security, and office space for repair or specialty services.
Where is this auto shop located?
The property is located at 206 Watters Street Cleburne, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Established automotive facility (year built 1994) designed with efficiency in mind for vehicle service and specialty work.; Four service bays plus three car lifts for automotive repair, maintenance, or specialty services.; Includes dedicated owner’s office and additional office space suitable for rental income or overflow office use.
