Flex Property with
426 State Highway 21 W Unit A Cedar Creek, TX 78612
426 State Highway 21 W Unit A, Cedar Creek, TX, 78612
$585,000
For Sale
$585,000
Flex property on State Highway 21 with a residence and a well-maintained cabinet shop plus ample on-site parking.
Property Size3,369 SF
Lot Size0.97 Acres
Price / SF$173.64
Days on Market72
Property Features for 426 State Highway 21 W Unit A
General Information
- Standard status
- Active
- Size
- 3,369 SF
- Lot size
- 0.97 Acres
- Property subtype
- Commercial
Listing agency
Lori Haring Realty
(512) 844-6535
Listed by
Lori Haring · License #0612961
Source
Loessinproperties
Added: May 11 Updated: Jul 21 at 12:03AM Checked: Jul 21 at 12:03AM
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 Lori Haring Realty
Investment Insights
Based on property information with market context.
This for-sale flex property includes a shop space currently operating as a custom cabinet shop, described as clean, organized, and well maintained. The improvements also feature a 3-bedroom, 2-bath residence, offering options for owner-occupancy or additional rental income. With room for customer access and ample on-site parking, the setup supports a range of commercial and mixed-use uses, including office, retail, service-based business, or live/work use.
The property is located on highly visible State Highway 21 in Cedar Creek, with easy access and steady traffic flow based on the public remarks.
Suite B at 426 State Hwy 21 is situated on approximately 0.969 acres and is positioned for strong day-to-day visibility along the highway.
The property is located on highly visible State Highway 21 in Cedar Creek, with easy access and steady traffic flow based on the public remarks.
Suite B at 426 State Hwy 21 is situated on approximately 0.969 acres and is positioned for strong day-to-day visibility along the highway.
Key Highlights
- Suite B at 426 State Hwy 21 offers a mix of commercial space and a residence on approx. 0.969 acres on highly visible SH 21.
- 3‑bedroom, 2‑bath residence on‑site, offering flexibility for owner‑occupancy or additional rental income.
- Well‑maintained custom cabinet shop suitable for trades, workshop use, or business operations.
Local Financial Insights For Warehouse
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 | $50.1k | $14.88 |
| − Vacancy | −$10.2k | −$3.04 |
| EGI | $39.9k | $11.84 |
| − OpEx | −$6.0k | −$1.78 |
| NOI | $33.9k | $10.07 |
3,369 SF · lease $14.88/SF/yr · vacancy 20.40% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,335 @ 7.0% cap · market cap 13.73%
Second Best
Mixed Use
$794.1K
$694.9K – $926.5K
NOI $55,589 @ 7.0% cap · market cap 9.50%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,414 @ 7.0% cap · market cap 15.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex property on State Highway 21 with a residence and a well-maintained cabinet shop plus ample on-site parking.
Where is this flex space located?
The property is located at 426 State Highway 21 W Unit A Cedar Creek, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Suite B at 426 State Hwy 21 offers a mix of commercial space and a residence on approx. 0.969 acres on highly visible SH 21.; 3‑bedroom, 2‑bath residence on‑site, offering flexibility for owner‑occupancy or additional rental income.; Well‑maintained custom cabinet shop suitable for trades, workshop use, or business operations.
