Historic Home in Old
701 Sloan St Taylor, TX 76574
701 Sloan St, Taylor, TX, 76574
Contact for pricing
For Sale
Contact for pricing
Pending
1912 historic home on 2 acres, zoned light commercial.
Property Size4,036 SF
Lot Size2.00 Acres
Days on Market639
Property Features for 701 Sloan St
General Information
- Standard status
- Pending
- Size
- 4,036 SF
- Lot size
- 2.00 Acres
- Property subtype
- Hospitality, Mixed Use, Office, Special Purpose
Building Details
- Year Built
- 1912
Listing agency
Armstrong Real Estate
(254) 842-7612
Listed by
Danny Armstrong · License #tx
Source
Crexi
Added: Oct 21, 2024 Updated: Jul 6 at 7:54AM Checked: Jul 21 at 12:09PM
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 Armstrong Real Estate
Investment Insights
Based on property information with market context.
This 4,036 sq ft historic home, built in 1912, is located in Old Town Taylor. Situated on 2 acres zoned light commercial (MP4), the property is suitable for weddings, Airbnb, events, or residential use. The main living area, measuring 19’x40’, features a fireplace. Original pocket doors lead to the formal dining room, and the sunroom opens to the breakfast area and modern kitchen. A butler’s pantry includes a stackable washer and dryer and cabinets. Upstairs, accessible by elevator or stairway, are three bedrooms and bathrooms, each with closets. The property features original hardwood floors and crown molding throughout. An additional living area/study is located off the master bedroom, along with a fireplace. A second laundry room is located on the upper floor. Two A/C units service the home. The property includes a large front porch and a large back patio. The roof was installed in October 2024. There is a detached two-car garage with the potential for an apartment above it, requiring plumbing connection. Two sheds are located on the back acreage. The land is a historical marker.
Key Highlights
- Historic 1912 home in Old Town Taylor on 2 acres.
- Zoned light commercial (MP4) offering opportunities for weddings, Airbnb, or events.
- Spacious 4,036 sq ft interior with LARGE living area (19’x40’) and original hardwood floors.
Local Financial Insights For Mixed Use
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 | $96.9k | $24.00 |
| − Vacancy | −$9.7k | −$2.40 |
| EGI | $87.2k | $21.60 |
| − OpEx | −$32.7k | −$8.10 |
| NOI | $54.5k | $13.50 |
4,036 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.60M
NOI $96,240 @ 7.0% cap · market cap 13.27%
Second Best
Mixed Use
$778.4K
$681.1K – $908.1K
NOI $54,486 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,100 @ 7.0% cap · market cap 16.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 1912 historic home on 2 acres, zoned light commercial.
Where is this mixed-use property located?
The property is located at 701 Sloan St Taylor, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Historic 1912 home in Old Town Taylor on 2 acres.; Zoned light commercial (MP4) offering opportunities for weddings, Airbnb, or events.; Spacious 4,036 sq ft interior with LARGE living area (19’x40’) and original hardwood floors.
