Loft-Style Garage
753 S Railroad Street Lewisville, TX 75057
753 S Railroad Street, Lewisville, TX, 75057
$475,000
For Sale
$475,000
SINGLE_FAMILY - Lewisville, TX
Property Size1,602 SF
Lot Size3.40 Acres
Price / SF$296.50
Days on Market14
Property Features for 753 S Railroad Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Property condition
- Under Construction
- Parking features
- Assigned, Gated, Open, Parking Lot, Garage
- Security features
- Security
- Standard status
- Active
- APN
- 1038320
- Lot size
- 3.40 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl, Paintedstained
- Building materials
- MetalSiding
- Roof type
- Metal
Listing agency
Phillips Realty Group & Assoc
(214) 432-4416
Listed by
Valerie Dusek
(214) 432-4416
Added: Jul 10 Checked: Jul 23 at 10:06AM
MLS# 21294085
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 loft-style garage suite offers a fully customized interior with a 25' x 50' floorplan and soaring ceilings. The space features sleek epoxy flooring and a custom-built mezzanine that increases usable area. Additional upgrades include a private lounge with a fireplace, a custom bathroom, and a climate-controlled custom wine cellar.
The suite is located within a gated 3.5-acre development that contains 63 privately owned suites, providing controlled access and a community setting for owners.
With an open-concept layout designed to support multiple uses, the space can function as a secure automotive collection and storage environment as well as a flexible option for showroom-style presentations or professional workspace needs. The property is offered for sale as a distinctive, turn-key suite at 753 S Railroad Street in Lewisville, Texas (75057).
The suite is located within a gated 3.5-acre development that contains 63 privately owned suites, providing controlled access and a community setting for owners.
With an open-concept layout designed to support multiple uses, the space can function as a secure automotive collection and storage environment as well as a flexible option for showroom-style presentations or professional workspace needs. The property is offered for sale as a distinctive, turn-key suite at 753 S Railroad Street in Lewisville, Texas (75057).
Key Highlights
- 1,602‑square‑foot loft‑style garage, under construction with a 2026 build year
- 25' x 50' floorplan with soaring ceilings and epoxy flooring
- Custom‑built mezzanine to maximize usable space
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 | $52.9k | $33.00 |
| − Vacancy | −$13.3k | −$8.32 |
| EGI | $39.5k | $24.68 |
| − OpEx | −$9.9k | −$6.17 |
| NOI | $29.7k | $18.51 |
1,602 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$423.7K
$370.7K – $494.3K
NOI $29,658 @ 7.0% cap · market cap 6.24%
Second Best
Industrial
$217.5K
$190.3K – $253.7K
NOI $15,223 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$534.1K
$467.3K – $623.1K
NOI $37,387 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Loft-style garage suite in a gated development with epoxy flooring, mezzanine, lounge with fireplace, and wine cellar.
Where is this flex space located?
The property is located at 753 S Railroad Street Lewisville, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,602‑square‑foot loft‑style garage, under construction with a 2026 build year; 25' x 50' floorplan with soaring ceilings and epoxy flooring; Custom‑built mezzanine to maximize usable space
