Two-Building Retail Investment
5625 Watauga Road Watauga, TX 76148
5625 Watauga Road, Watauga, TX, 76148
$849,000
For Sale
$849,000
SINGLE_FAMILY - Watauga, TX
Property Size2,100 SF
Lot Size0.50 Acres
Price / SF$404.29
Days on Market212
Property Features for 5625 Watauga Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 02688786
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Description
- SCHELLINGER, I J SUBDIVISION BLOCK 5 LOT 5
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete, Combination
Listing Agency
Parabran Realty Firm LLC
(214) 629-7787
Cypress, TX
Listed by
Fabian Gregorio · License #0801208
(713) 331-5433
Added: Dec 18, 2025 Checked: Jul 18 at 4:06 am
MLS# 21078142
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 sale includes two buildings on a single lot: a commercial-looking building of approximately 1,100 square feet and a second property that looks like a house of approximately 1,000 square feet. Both buildings are being offered together, providing an operator or investor with multiple on-site spaces and the ability to tailor the use of each structure. Buyer and buyer’s broker should verify all specifications, including but not limited to measurements, livable area, and zoning, as listing details are provided as information deemed reliable but not guaranteed.
The property is directly on Watauga Road. It is described as being about 20 minutes from DFW International Airport, 10 minutes from I-35 and TX 183, and roughly 5 minutes from US 377 and Highway 820. The asset is positioned directly in front of an upcoming Mr. Froze Margaritas, which is expected to include a children’s playground, specialty drinks, and food trucks.
With two separate structures on one parcel, this property may suit buyers looking for retail diversification, a combination of uses, or a tenant strategy that leverages the visibility along Watauga Road. As with any mixed-building setup, confirm feasibility with local requirements before finalizing plans for occupancy.
The property is directly on Watauga Road. It is described as being about 20 minutes from DFW International Airport, 10 minutes from I-35 and TX 183, and roughly 5 minutes from US 377 and Highway 820. The asset is positioned directly in front of an upcoming Mr. Froze Margaritas, which is expected to include a children’s playground, specialty drinks, and food trucks.
With two separate structures on one parcel, this property may suit buyers looking for retail diversification, a combination of uses, or a tenant strategy that leverages the visibility along Watauga Road. As with any mixed-building setup, confirm feasibility with local requirements before finalizing plans for occupancy.
Key Highlights
- Commercial property directly on Watauga Rd with two buildings included in the sale
- Commercial‑looking building is approximately 1,100 SF and the other building is approximately 1,000 SF (total approx. 2,100 SF)
- Year built: 1950; flooring includes combination and concrete
Local Financial Insights For Retail
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 | $52.4k | $24.96 |
| − Vacancy | −$2.6k | −$1.25 |
| EGI | $49.8k | $23.71 |
| − OpEx | −$14.9k | −$7.11 |
| NOI | $34.9k | $16.60 |
2,100 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$498.0K
$435.7K – $581.0K
NOI $34,857 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K
NOI $51,710 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two retail structures on one lot offer flexible income potential with road-front visibility and nearby growth.
Where is this storefront property located?
The property is located at 5625 Watauga Road Watauga, TX.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Commercial property directly on Watauga Rd with two buildings included in the sale; Commercial‑looking building is approximately 1,100 SF and the other building is approximately 1,000 SF (total approx. 2,100 SF); Year built: 1950; flooring includes combination and concrete
