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Downtown Bar with Patio
For Sale
$299,999

213 E Main Street, Waxahachie, TX 75165

CommercialSale, Waxahachie, TX

Property Size1,475 SF
Lot Size0.06 Acres
Price / SF$203.39
Days on Market52

Property Features for 213 E Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features On Street
Subdivision O T Waxahachie
Directions See GPS
Standard status Active
APN 170542
Size 1,475 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description LOT 4 BLK 40 O T WAXAHACHIE .056 AC
Tax Annual Amount 5624
Legal Description LOT 4 BLK 40 O T WAXAHACHIE .056 AC

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Amenities

charming patio
gathering space

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Flooring type Wood, Brick
Building materials Brick
Listing Agency: Park Place Real Estate
Listed By: Kelly Horton · License #0418194
Added: Aug 17 Changed: Sep 13 Last Checked: Oct 7 at 7:06AM
MLS# 21361611

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.

Located at 213 E Main Street in downtown Waxahachie, this 1,475-square-foot bar property occupies a 0.056-acre site near the historic Waxahachie Square. The building dates to 1900 and features brick construction with brick and wood flooring, offering a character-rich setting for hospitality or gathering uses.

The property includes a patio, on-street parking, electric heating and cooling, public water, and public sewer. Furniture, fixtures, and equipment are available, providing existing operational components for a bar or hospitality concept. Its central Waxahachie setting and established building character support a compact, customer-oriented commercial format.

Key Highlights

  • 1,475‑square‑foot bar property on a 0.056‑acre site
  • Patio included with the property
  • Built in 1900 with brick construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,369
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,380 $527.4K
Cap Rate 7%
$376,700 $376.7K
Cap Rate 9%
$292,989 $293.0K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$36.8K $24.96/SF
− Vacancy
−$1.7K −$1.12/SF
EGI
$35.2K $23.84/SF
− OpEx
−$8.8K −$5.96/SF
NOI
$26.4K $17.88/SF
Area
Ellis County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,380
Cap Rate 7%
$376,700
Cap Rate 9%
$292,989

Alternative Uses

Best Use
Specialty Retail
$376.7K
$329.6K – $439.5K (±1% cap)
NOI $26,369 @ 7.0% cap · market cap 8.79%
Second Best
Retail
$349.8K
$306.0K – $408.1K (±1% cap)
NOI $24,483 @ 7.0% cap · market cap 8.16%
Theoretical Best
Multifamily LT 5
$16.09M
$14.08M – $18.78M (±1% cap)
NOI $1,126,628 @ 7.0% cap · market cap 375.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cork House Winery Brewery & Distillery Law Offices of Dan ... Corporate Office

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,182
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Home Improvements & Furnishings 5%
Dollar Tree Shops & Services
14,876 visits/mo 0.4 miles
Sunoco Shops & Services
2,209 visits/mo 0.1 miles
Valvoline Express Care Shops & Services
1,872 visits/mo 0.4 miles
Rent A Center Home Improvements & Furnishings
898 visits/mo 0.4 miles

Demographics for 75165, TX

49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Southern Roots Brewing Co. - Waxahachie — 421 S College St, Waxahachie, TX 75165
  • Prime 115 — 114 S Rogers St, Waxahachie, TX 75165
  • Big Al’s Down The Hatch — 200 S Rogers St, Waxahachie, TX 75165
  • The Texas Theater — 110 W Main St, Waxahachie, TX 75165
  • Cork & Keg — 106 N College St, Waxahachie, TX 75165

Frequently Asked Questions

What type of property is this?
Bar & Pub - Brick hospitality space with existing gathering-area improvements and available furniture, fixtures, and equipment.
Where is this bar & pub located?
The property is located at 213 E Main Street Waxahachie, 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: 1,475‑square‑foot bar property on a 0.056‑acre site; Patio included with the property; Built in 1900 with brick construction
More about this property
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