Office Building with Highway
4861 E Highway 199 Reno, TX 76082
4861 E Highway 199, Reno, TX, 76082
$999,000
For Sale
$999,000
COMMERCIAL - Reno, TX
Property Size2,200 SF
Lot Size1.39 Acres
Price / SF$454.09
Days on Market129
Property Features for 4861 E Highway 199
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, Open
- Security features
- Security
- Standard status
- Active
- APN
- R000054225
- Lot size
- 1.39 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 1.390 ABST: 1381 SURVEY: T & P RR CO SUR 29
- Tax Annual Amount
- 3706
Utilities
- Sewer type
- Aerobic Septic
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Tile
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency
Prime Realty, LLC
(817) 441-7400
ALEDO, TX
Listed by
Alice Winegar · License #0488409
(817) 757-7176
Added: Mar 12 Checked: Jul 18 at 11:06 am
MLS# 21188870
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 for-sale commercial property includes an office building constructed with R-panel steel, with no load-bearing walls noted. The combined area of the home and office is 1,980 square feet, and there is an additional 880 square feet of porch space that could be enclosed, for a total of 2,200 square feet of usable business area. One-third of the 1.39-acre site is currently used for road base parking.
Located at 4861 E Highway 199 in Reno, Texas, the property provides 355.47 feet of highway frontage. It sits within short driving distances of Azle, Weatherford, and Decatur, with downtown Fort Worth approximately 25 miles away.
The site layout supports on-site parking using road base, and the existing porch area offers straightforward upside for expanding interior space if enclosed.
Located at 4861 E Highway 199 in Reno, Texas, the property provides 355.47 feet of highway frontage. It sits within short driving distances of Azle, Weatherford, and Decatur, with downtown Fort Worth approximately 25 miles away.
The site layout supports on-site parking using road base, and the existing porch area offers straightforward upside for expanding interior space if enclosed.
Key Highlights
- 1.39‑acre commercial property with 355.47 ft of highway frontage on E Hwy 199 in Reno, TX
- Main home/office area totals 1,980 SF, with an additional 880 SF porch that could be enclosed for up to 2,200 SF business area
- Buildings constructed with R panel steel; no load‑bearing walls are indicated
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 | $67.6k | $30.72 |
| − Vacancy | −$16.9k | −$7.68 |
| EGI | $50.7k | $23.04 |
| − OpEx | −$12.7k | −$5.76 |
| NOI | $38.0k | $17.28 |
2,200 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.66M
$1.45M – $1.93M
NOI $115,995 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Steel office structure with substantial Highway 199 frontage and flexible porch space for potential enclosure.
Where is this office building located?
The property is located at 4861 E Highway 199 Reno, TX.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1.39‑acre commercial property with 355.47 ft of highway frontage on E Hwy 199 in Reno, TX; Main home/office area totals 1,980 SF, with an additional 880 SF porch that could be enclosed for up to 2,200 SF business area; Buildings constructed with R panel steel; no load‑bearing walls are indicated
