Mixed-Use Property with Event
New
For Sale
$725,000
2508 Hwy 69 N, Lufkin, TX 75904
Residential, A-Frame, Traditional, Lufkin, TX
Property Size8,212 SF
Lot Size2.02 Acres
Price / SF$88.29
Days on Market1
Property Features for 2508 Hwy 69 N
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
10
Full bathrooms
8
Half bathrooms
2
Rooms
Bedroom 4, Bathroom 4, Bathroom 5, Bathroom 9, Bedroom 2, Bathroom 8, Bathroom 10, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 7, Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 5
Interior features
Blinds, Bookcases, Built-in Features, Ceiling Fan(s), Dryer Connection-Electric, Jetted Tub, Pantry, Shutters, Smoke Detectors, Split Bedrooms, Walk-In Closet(s)
Exterior features
Fenced Yard, Fire Pit, Gated Community, Multiple Houses
Fencing
Fenced, Gate
Fireplace
1
Appliances
Dryer, Microwave, Refrigerator, Ring Doorbell, TV, Washer
Subdivision
Barela Anastacio
Elementary school
Brandon/Garrett
Elementary school district
Lufkin
Middle school district
Lufkin
High school district
Lufkin
Standard status
Active
Size
8,212 SF
Lot size
2.02 Acres
Utilities
Sewer type
Aerobic Septic
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
patio
fire pits
children's play room
prep kitchen
dressing rooms
kitchenette
smart TV
Building Details
Flooring type
Vinyl, Tile
Roof type
Metal
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Superior Realty and Investments
(936) 465-0323
Listed By:
Sabrina Lumpkin
(936) 635-1297
Added: Sep 21
Last Checked: Sep 21 at 6:06PM
MLS# 70015305
Copyright © 2026 Deep East Texas MLS. 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.
This 8,212-square-foot mixed-use property on 2.02 acres combines two residences with two furnished event venues. The primary residence measures 1,932 square feet and includes 3 bedrooms and 2 bathrooms, while the 1,000-square-foot guest house provides 2 bedrooms and 2 bathrooms. Both residences are equipped for short-term rental use.
The 2,400-square-foot first venue includes tables, chairs, dressing rooms, a prep kitchen, dual HVAC, and a furnished patio with fire pits. A second 2,880-square-foot venue offers tables, chairs, a kitchenette, and a smart TV for smaller meetings and events. The property also includes a dedicated children’s playroom, furnishings, equipment, supplies, adequate parking, public water, and a commercial septic system installed in 2021.
Located at 2508 Hwy 69 N in Lufkin, the property includes fenced and gated grounds, multiple houses, central heating and cooling, metal roofing, and a mix of vinyl and tile flooring.
The 2,400-square-foot first venue includes tables, chairs, dressing rooms, a prep kitchen, dual HVAC, and a furnished patio with fire pits. A second 2,880-square-foot venue offers tables, chairs, a kitchenette, and a smart TV for smaller meetings and events. The property also includes a dedicated children’s playroom, furnishings, equipment, supplies, adequate parking, public water, and a commercial septic system installed in 2021.
Located at 2508 Hwy 69 N in Lufkin, the property includes fenced and gated grounds, multiple houses, central heating and cooling, metal roofing, and a mix of vinyl and tile flooring.
Key Highlights
- 8,212‑square‑foot mixed‑use property on 2.02 acres
- Main residence measures 1,932 square feet with 3 bedrooms and 2 bathrooms
- Guest house provides 1,000 square feet, 2 bedrooms, and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,711
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,154,220
$1.2M
Cap Rate 7%
$824,443
$824.4K
Cap Rate 9%
$641,233
$641.2K
Market Conditions
NOI Build-Up for 8,212 SF
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.
Gross rent
$119.2K $14.52/SF
− Vacancy
−$14.3K −$1.74/SF
EGI
$104.9K $12.78/SF
− OpEx
−$47.2K −$5.75/SF
NOI
$57.7K $7.03/SF
Area
Angelina County, TX
Vacancy
12.00%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,154,220
Cap Rate 7%
$824,443
Cap Rate 9%
$641,233
Alternative Uses
Best Use
Mixed Use
$1.16M
$1.02M – $1.35M
NOI $81,299 @ 7.0% cap · market cap 11.21%
Second Best
Apartment 5plus
$824.4K
$721.4K – $961.9K
NOI $57,711 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$2.31M
$2.03M – $2.70M
NOI $162,009 @ 7.0% cap · market cap 22.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
Explore this area
Business Placement
Demographics for 75904, TX
34,680
Population
14,829
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
88%
High-School Grad
160.5 sq mi
ZIP Area
216
Density / Sq Mi
$59,325
Median Household Income
$36,711
Median Earnings
$1,086
Median Rent
$173,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two furnished residences, event facilities, and a dedicated children’s playroom support multiple operating uses.
Where is this mixed-use property located?
The property is located at 2508 Hwy 69 N Lufkin, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 8,212‑square‑foot mixed‑use property on 2.02 acres; Main residence measures 1,932 square feet with 3 bedrooms and 2 bathrooms; Guest house provides 1,000 square feet, 2 bedrooms, and 2 bathrooms
