Two-Story Office
New
For Sale
$975,000
207 N Tarrant Street, Crowley, TX 76036
A multi-level layout combines private offices, meeting space, a full kitchen, and an attached garage.
Property Size1,890 SF
Days on Market2
Property Features for 207 N Tarrant Street
General Information
Standard status
Active
Size
1,890 SF
Total Parking Spaces
11
Property subtype
Office
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$7,687
Amenities
conference room
reception and waiting area
wet bar
gathering area
full kitchen
laundry facilities
storage
Building Details
Building Size
1,890 SF
Year Built
2015
Buildings
1
Stories
2
Listing Agency:
Berkshire HathawayHS PenFed TX
Listed By:
Rebecca Kennedy
(866) 225-5778
Source:
Nilesrealtygroup
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 24 at 9:02PM
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 Berkshire HathawayHS PenFed TX
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Investment Insights
Based on property information with market context.
This two-story office property at 207 N Tarrant Street in downtown Crowley has five private offices, a conference room, reception and waiting areas, and two restrooms on the main floor. An attached garage has overhead-door access. The upper level adds private rooms, a gathering area, a full kitchen, a bathroom with shower, laundry facilities, and storage.
Parking includes six gated spaces at the rear, two spaces at the front, one accessible space, and two covered spaces. The property also has a paved outdoor area and landscaping.
Parking includes six gated spaces at the rear, two spaces at the front, one accessible space, and two covered spaces. The property also has a paved outdoor area and landscaping.
Key Highlights
- Five private offices, a conference room, reception and waiting areas, and two restrooms on the main floor
- Upper floor includes private rooms, a gathering area, full kitchen, bathroom with shower, laundry, and storage
- Attached garage with overhead‑door access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,659
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,180
$653.2K
Cap Rate 7%
$466,557
$466.6K
Cap Rate 9%
$362,878
$362.9K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$58.1K $30.72/SF
− Vacancy
−$14.5K −$7.68/SF
EGI
$43.5K $23.04/SF
− OpEx
−$10.9K −$5.76/SF
NOI
$32.7K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,180
Cap Rate 7%
$466,557
Cap Rate 9%
$362,878
Alternative Uses
Best Use
Office B
$466.6K
$408.2K – $544.3K
NOI $32,659 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.8K
$581.7K – $775.7K
NOI $46,539 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 76036, TX
31,589
Population
11,807
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
44.1 sq mi
ZIP Area
716
Density / Sq Mi
$94,124
Median Household Income
$48,214
Median Earnings
$1,579
Median Rent
$288,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A multi-level layout combines private offices, meeting space, a full kitchen, and an attached garage.
Where is this office building located?
The property is located at 207 N Tarrant Street Crowley, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Five private offices, a conference room, reception and waiting areas, and two restrooms on the main floor; Upper floor includes private rooms, a gathering area, full kitchen, bathroom with shower, laundry, and storage; Attached garage with overhead‑door access
