Historic Mixed-Use
For Sale
$600,000
445 N Wall St, Belton, TX 76513
Renovated historic property with flexible residential, hospitality, office, event, dining, and retail use potential.
Property Size3,866 SF
Price / SF$155.20
Days on Market48
Property Features for 445 N Wall St
General Information
Standard status
Active
Size
3,866 SF
Property subtype
Commercial
Additional Details
Furnished
No
Building Details
Year Built
1925
Abandoned
No
Listing Agency:
Bell & Associates
(830) 875-9081
Listed By:
Homecity Real Estate
(254) 939-3585
Source:
Homecity
Added: Sep 16
Changed: Nov 1
Last Checked: Nov 1 at 4:45AM
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 Bell & Associates
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Investment Insights
Based on property information with market context.
Venue 1925 is a renovated historic property built in 1925, offering 3,866 square feet with five bedrooms and 2.5 baths. The property currently operates as a short-term rental and venue accommodating 16 overnight guests, with self check-in, dedicated workspace, Wi-Fi, and free on-site parking. Unfinished flex areas provide additional customization options, while a detached garage, workshop, and 2,500-square-foot metal shop expand the usable footprint. Furnishings are not included, and the property is available AS-IS.
Located at 445 N Wall St in Belton, the property sits on a corner lot two blocks from Downtown Belton and within walking distance of the Courthouse Square, dining, shopping, live music, farmers' markets, and seasonal festivals. Residential, office, co-working, event venue, dining, and retail uses are identified without zoning change requirements. Improvements include three new HVAC systems and ductwork installed in 2021, a metal shop addition completed in 2021, and an approximately 4,000-square-foot driveway poured that year.
Located at 445 N Wall St in Belton, the property sits on a corner lot two blocks from Downtown Belton and within walking distance of the Courthouse Square, dining, shopping, live music, farmers' markets, and seasonal festivals. Residential, office, co-working, event venue, dining, and retail uses are identified without zoning change requirements. Improvements include three new HVAC systems and ductwork installed in 2021, a metal shop addition completed in 2021, and an approximately 4,000-square-foot driveway poured that year.
Key Highlights
- 3,866‑square‑foot renovated historic property built in 1925
- Five bedrooms, 2.5 baths, and overnight capacity for 16 guests
- 2,500‑square‑foot metal shop plus detached garage, workshop, and outbuilding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,143
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,860
$782.9K
Cap Rate 7%
$559,186
$559.2K
Cap Rate 9%
$434,922
$434.9K
Market Conditions
NOI Build-Up for 3,866 SF
Gross rent
$69.6K $18.00/SF
− Vacancy
−$7.0K −$1.80/SF
EGI
$62.6K $16.20/SF
− OpEx
−$23.5K −$6.07/SF
NOI
$39.1K $10.13/SF
Area
Bell County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,860
Cap Rate 7%
$559,186
Cap Rate 9%
$434,922
Alternative Uses
Best Use
Apartment 5plus
$39.55M
$34.61M – $46.14M
NOI $2,768,545 @ 7.0% cap · market cap 461.42%
Second Best
Mixed Use
$559.2K
$489.3K – $652.4K
NOI $39,143 @ 7.0% cap · market cap 6.52%
Theoretical Best
Multifamily LT 5
$43.16M
$37.76M – $50.35M
NOI $3,021,093 @ 7.0% cap · market cap 503.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
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Business Placement
Demographics for 76513, TX
43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated historic property with flexible residential, hospitality, office, event, dining, and retail use potential.
Where is this mixed-use property located?
The property is located at 445 N Wall St Belton, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,866‑square‑foot renovated historic property built in 1925; Five bedrooms, 2.5 baths, and overnight capacity for 16 guests; 2,500‑square‑foot metal shop plus detached garage, workshop, and outbuilding
