Live-Work Property with
New
For Sale
$299,999
207 Hood Street, Cedar Hill, TX 75104
Residential and workshop improvements are supported by separate electric meters and multiple accessory structures.
Lot Size0.21 Acres
Days on Market3
Property Features for 207 Hood Street
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Commercial
Additional Details
Clear Height
13.25 ft
Building Details
Building Size
2,950 SF
Year Built
1954
Listing Agency:
M&D CRE, LLC
(214) 460-8926
Listed By:
Shane Hendrix · License #0776260
(214) 460-8926
Source:
Cornerstonehomeandranch
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 4:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M&D CRE, LLC
Investment Insights
Based on property information with market context.
This live-work property includes approximately 2,950 SF of total estimated improvements on ±0.21 acres, with a residential structure, detached shop, and multiple accessory structures. The primary shop area includes three roll-up doors, approximately 13'3" of clear height, additional workspace areas, a utility corridor, and a shop office with a covered exterior entrance. An intermediate storage structure adds two roll-up doors, shallow storage closets, a double-door storage area, and a 17'11" x 8'7" storage bay. A separate side-facing access point includes another roll-up door.
Additional improvements include a utility space attached to the carport with washer dryer hookups and exterior storage closets. The residential and workshop portions are served by separate electric meters. The property was previously used for a small business operation, and alternative uses or zoning changes may be considered subject to buyer verification and municipal approval. All measurements, features, and potential uses are subject to buyer verification.
Additional improvements include a utility space attached to the carport with washer dryer hookups and exterior storage closets. The residential and workshop portions are served by separate electric meters. The property was previously used for a small business operation, and alternative uses or zoning changes may be considered subject to buyer verification and municipal approval. All measurements, features, and potential uses are subject to buyer verification.
Key Highlights
- ±0.21‑acre live‑work property with ±2, 950 SF of total estimated improvements
- Residential structure, detached shop, and multiple accessory structures
- Six roll‑up doors across the primary shop, intermediate storage structure, and side‑facing access point
Financial Insights For Warehouse
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 | $24.0k | $8.12 |
| − Vacancy | −$2.1k | −$0.71 |
| EGI | $21.8k | $7.41 |
| − OpEx | −$3.3k | −$1.11 |
| NOI | $18.6k | $6.29 |
2,950 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Mixed Use
$658.3K
$576.0K – $768.0K
NOI $46,078 @ 7.0% cap · market cap 15.36%
Second Best
Office B
$597.4K
$522.7K – $696.9K
NOI $41,816 @ 7.0% cap · market cap 13.94%
Theoretical Best
Multifamily LT 5
$35.36M
$30.94M – $41.25M
NOI $2,475,243 @ 7.0% cap · market cap 825.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
13 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,364
Businesses Nearby
Explore this area
Business Placement
Demographics for 75104, TX
49,749
Population
17,365
Households
2.9
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
36.9 sq mi
ZIP Area
1,348
Density / Sq Mi
$91,147
Median Household Income
$46,579
Median Earnings
$1,886
Median Rent
$274,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Residential and workshop improvements are supported by separate electric meters and multiple accessory structures.
Where is this live-work space located?
The property is located at 207 Hood Street Cedar Hill, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: ±0.21‑acre live‑work property with ±2, 950 SF of total estimated improvements; Residential structure, detached shop, and multiple accessory structures; Six roll‑up doors across the primary shop, intermediate storage structure, and side‑facing access point
