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Flex Property with Multiple Shops
For Sale
$1,400,000

423 State Highway 75 S, Fairfield, TX 75840

CommercialSale, Fairfield, TX

Property SizeContact for details
Lot Size39.81 Acres
Days on Market113

Property Features for 423 State Highway 75 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Not Zoned
Parking features Garage
Lot features Acreage, Cleared, Pond On Lot, Many Trees
Directions From Fairfield, travel south on Hwy 75, property will be on your left.
Standard status Active
APN 9519
Lot size 39.81 Acres

Taxes and HOA fees

Tax Description I CARRODINE A-116
Tax Annual Amount 4254
Legal Description I CARRODINE A-116

Utilities

Sewer type Aerobic Septic

Building Details

Year built 1980
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: Rachel Anderson Real Estate
Listed By: Rachel Anderson · License #0461326
Added: Jun 8 Changed: Sep 4 Last Checked: Sep 28 at 12:06PM
MLS# 21195860

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.

This flex property combines two metal commercial buildings with an established residential component on 39.809 acres. The main improvement provides 10,400 square feet under roof, including an 8,800-square-foot shop and a climate-controlled 1,600-square-foot office suite with a breakroom and full bathroom with shower. A separate 4,000-square-foot workshop adds a private office, half-bath, and loft storage. Concrete flooring and metal roofs serve both shop buildings.

A dedicated commercial entrance separates equipment circulation from the residential drive. The property also includes a 3-bed, 2-bath mobile home with a covered front porch and attached carport. A second homesite or office site has water, electric, and septic already installed. The property fronts State Highway 75 S and is approximately midway between Dallas and Houston, with access to I-45. Built in 1980, the improvements offer a combination of workshop, office, storage, and residential facilities.

Key Highlights

  • 39.809 acres with commercial and residential improvements
  • 10,400 total sq. ft. under roof in the primary building
  • 8,800 sq. ft. shop with an integrated 1,600 sq. ft. office suite

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75840, TX

7,029
Population
3,243
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
88%
High-School Grad
267.5 sq mi
ZIP Area
26
Density / Sq Mi
$56,670
Median Household Income
$37,379
Median Earnings
$878
Median Rent
$192,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial compound with separate shop access, office accommodations, and an existing residential component.
Where is this flex space located?
The property is located at 423 State Highway 75 S Fairfield, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 39.809 acres with commercial and residential improvements; 10,400 total sq. ft. under roof in the primary building; 8,800 sq. ft. shop with an integrated 1,600 sq. ft. office suite
More about this property
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