Search
Two-Building Office Property
For Sale
$215,000

227 Texas Street, Cedar Hill, TX 75104

CommercialSale, Cedar Hill, TX

Property Size1,290 SF
Lot Size0.15 Acres
Price / SF$166.67
Days on Market197

Property Features for 227 Texas Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Subdivision Bailey Heights
Directions From US-67 Travel on US-67 toward Cedar Hill. Take the exit toward Downtown Cedar Hill and Main Street. Continue toward the downtown district and follow signs for Main St. Turn onto Texas Street. Continue to 227 Texas Street (property will be along Texas Street in the downtown area).
Standard status Active
APN 16002500030100000
Lot size 0.15 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1972
Floors in Building 1
Number of units 2
Flooring type Laminate
Building materials Brick
Roof type Composition
Listing Agency: Franchise Real Estate Group
Listed By: Charlondra Thompson
Added: Apr 8 Changed: Aug 21 Last Checked: Oct 21 at 9:06AM
MLS# 21201677

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property comprises two separate buildings on a 0.1481-acre lot, with approximately 1,290 SF combined. The front structure includes a lobby, restroom, and open-use area, while the second building offers additional space for offices, meetings, or dedicated work areas. The layout allows functions to be organized across distinct structures without combining them into a single interior footprint.

Built in 1972, the property features brick construction, laminate flooring, central heating, central air, and composition roofing. It is located at 227 Texas Street in Cedar Hill, Texas, with access to major corridors. Zoning, permitted use, and other property details are subject to buyer verification.

Key Highlights

  • Two buildings totaling approximately 1,290 SF combined
  • 0.1481‑acre commercial lot at 227 Texas Street
  • Front building includes a lobby, restroom, and open‑use area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,286
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,720 $365.7K
Cap Rate 7%
$261,229 $261.2K
Cap Rate 9%
$203,178 $203.2K
Market Conditions
NOI Build-Up for 1,290 SF
Gross rent
$32.5K $25.20/SF
− Vacancy
−$8.1K −$6.30/SF
EGI
$24.4K $18.90/SF
− OpEx
−$6.1K −$4.73/SF
NOI
$18.3K $14.17/SF
Area
Dallas County, TX
Vacancy
25.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,720
Cap Rate 7%
$261,229
Cap Rate 9%
$203,178

Alternative Uses

Best Use
Office B
$261.2K
$228.6K – $304.8K (±1% cap)
NOI $18,286 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.46M
$13.53M – $18.04M (±1% cap)
NOI $1,082,394 @ 7.0% cap · market cap 503.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Catering Service Grocery & Convenience Store

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

1,086
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Separate structures support distinct office, meeting, administrative, or work-area configurations on one commercial lot.
Where is this office unit 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 totaling approximately 1,290 SF combined; 0.1481‑acre commercial lot at 227 Texas Street; Front building includes a lobby, restroom, and open‑use area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again