Historic Home in Old
For Sale
$742,000
701 Sloan Street, Taylor, TX 76574
1912 historic home on 2 acres, zoned light commercial.
Property Size4,036 SF
Lot Size2.00 Acres
Price / SF$183.85
Days on Market1460
Property Features for 701 Sloan Street
General Information
Standard status
Active
Size
4,036 SF
Total Parking Spaces
25
Lot size
2.00 Acres
Property subtype
Commercial Sale / Mixed Use
Zoning
MP4 - Light Commercial
Taxes and HOA fees
Annual Taxes
$8,942
Building Details
Year Built
1912
Buildings
4
Listing Agency:
Armstrong Real Estate
Listed By:
Vicky Tarver · License #0773163
(512) 417-3885
Source:
Compass
Added: Oct 22, 2022
Changed: Oct 19
Last Checked: Oct 19 at 8:54AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,486
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,720
$1.1M
Cap Rate 7%
$778,371
$778.4K
Cap Rate 9%
$605,400
$605.4K
Market Conditions
NOI Build-Up for 4,036 SF
Gross rent
$96.9K $24.00/SF
− Vacancy
−$9.7K −$2.40/SF
EGI
$87.2K $21.60/SF
− OpEx
−$32.7K −$8.10/SF
NOI
$54.5K $13.50/SF
Area
Williamson County, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,720
Cap Rate 7%
$778,371
Cap Rate 9%
$605,400
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.60M
NOI $96,240 @ 7.0% cap · market cap 12.97%
Second Best
Mixed Use
$778.4K
$681.1K – $908.1K
NOI $54,486 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,100 @ 7.0% cap · market cap 15.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 76574, TX
19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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 Street Taylor, TX.
What is the asking price?
The asking price for this property is $742,000.
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.
