Professional Office Building
306 W 6th Street Waxahachie, TX 75165
New
306 W 6th Street, Waxahachie, TX, 75165
$325,000
For Sale
$325,000
Three office spaces with reception, kitchen break room, bath, and storage, currently tenant-occupied on a monthly basis.
Property Size984 SF
Price / SF$330.28
Days on Market3
Property Features for 306 W 6th Street
General Information
- Standard status
- Active
- Size
- 984 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agency
Batte Realty, Llc
(214) 497-5091
Listed by
Dan Batte · License #0261343
(214) 497-5091
Source
Signaturere
Added: Jul 20 Updated: Jul 21 at 8:21PM Checked: Jul 22 at 5:39AM
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 Batte Realty, Llc
Investment Insights
Based on property information with market context.
This professional office building includes three individual offices, a spacious reception area, a kitchen break room, and a bath. Additional interior features include a large storage room and a closet in one of the offices. The property is currently occupied by several attorneys, with tenants on a monthly rental basis.
The building is well located just north of downtown Waxahachie and about one block from U.S. 77. Parking is available for approximately 6–7 vehicles.
As a buyer, you should verify zoning and intended building and occupancy code requirements to confirm acceptable use of the property.
The building is well located just north of downtown Waxahachie and about one block from U.S. 77. Parking is available for approximately 6–7 vehicles.
As a buyer, you should verify zoning and intended building and occupancy code requirements to confirm acceptable use of the property.
Key Highlights
- Commercial professional office building built in 1950, located just north of downtown Waxahachie.
- One block from U.S. 77 with a spacious reception area and kitchen break room.
- 3 individual offices plus bath, large storage room, and closet in one office.
Local 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 | $30.2k | $30.72 |
| − Vacancy | −$8.3k | −$8.42 |
| EGI | $21.9k | $22.30 |
| − OpEx | −$5.5k | −$5.58 |
| NOI | $16.5k | $16.73 |
984 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$235.1K
$205.7K – $274.3K
NOI $16,459 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$10.74M
$9.39M – $12.53M
NOI $751,594 @ 7.0% cap · market cap 231.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Buckner Cindy L
Law Firm
Sunbelt Homes
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Three office spaces with reception, kitchen break room, bath, and storage, currently tenant-occupied on a monthly basis.
Where is this office units located?
The property is located at 306 W 6th Street Waxahachie, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Commercial professional office building built in 1950, located just north of downtown Waxahachie.; One block from U.S. 77 with a spacious reception area and kitchen break room.; 3 individual offices plus bath, large storage room, and closet in one office.
