Cedar Hill Commercial
227 Texas Street Cedar Hill, TX 75104
For Sale
$215,000
Two buildings totaling 1,290 SF on one lot.
Property Size715 SF
Lot Size0.16 Acres
Price / SF$300.70
Days on Market96
Property Features for 227 Texas Street
General Information
- Standard status
- Active
- Size
- 715 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing Agency:
Franchise Real Estate Group
(800) 883-2571
Listed By:
Charlondra Thompson · License #0706701
(945) 345-4860
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 4:01PM
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 Franchise Real Estate Group
Investment Insights
Based on property information with market context.
This property presents a small-format commercial opportunity situated in Cedar Hill, offering convenient access to major transportation routes. The site includes two buildings on a single lot, combining for a total of approximately 1,290 square feet. This setup is suitable for an owner-user or a business that benefits from separation, such as front office plus operations, client-facing plus back-of-house, or studio plus admin. One of the buildings features a lobby area, a restroom, and an adaptable open-use space. The second building provides a comparable footprint that can be utilized for additional offices, meeting space, or dedicated work areas. The property size is 715 square feet.
Key Highlights
- Two buildings on one lot totaling approximately 1,290 SF, ideal for businesses needing separation.
- Flexible, small‑format commercial space suitable for owner‑users.
- Convenient Cedar Hill location with quick access to major corridors.
Financial Insights For Office B
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 | $18.0k | $25.20 |
| − Vacancy | −$4.5k | −$6.30 |
| EGI | $13.5k | $18.90 |
| − OpEx | −$3.4k | −$4.73 |
| NOI | $10.1k | $14.17 |
715 SF · lease $25.20/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$144.8K
$126.7K – $168.9K
NOI $10,135 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.57M
$7.50M – $10.00M
NOI $599,932 @ 7.0% cap · market cap 279.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Two buildings totaling 1,290 SF on one lot.
Where is this office units located?
The property is located at 227 Texas Street Cedar Hill, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two buildings on one lot totaling approximately 1,290 SF, ideal for businesses needing separation.; Flexible, small‑format commercial space suitable for owner‑users.; Convenient Cedar Hill location with quick access to major corridors.
