Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    409 Main St Taylor, TX 76574

    For Sale
    $850,000

    High-yield, 2-story retail/residential

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional multifamily property, located at 409 S Main St in Taylor, Texas, presents a unique owner-user opportunity. The 2,000 square foot building, constructed in 1960 and renovated in 2020, boasts a desirable B3 zoning classification. Currently operating at 100% occupancy since October 17, 2023, this property offers a strong net operating income (NOI) of $57,000, translating to a compelling 6.71% cap rate. Priced at $850,000 ($425 per square foot), this single-unit property sits on a 0.12-acre lot and includes 5 parking spaces. Its prime downtown location benefits from the proximity to the upcoming Samsung facility, promising significant future growth potential. The property's versatile design allows for both retail operations on the ground floor and comfortable residential living upstairs, making it an ideal investment for an owner-operator seeking a blend of income generation and personal space. The building's recent renovation ensures modern amenities and functionality. This is a rare opportunity to acquire a high-performing asset in a rapidly developing area. The property is currently 100% occupied and is being sold by the owner.

    Property Features for 409 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,000 SF
    Class
    C
    Lot Size
    5,227 SF

    Building Details

    Year Built/Renovated
    1960/2020
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Prime downtown location, proximate to new Samsung facility.
    • High‑traffic area with excellent visibility.
    • Strong tenant demand in a rapidly growing market.
    • Modern amenities and efficient floor plans.
    • Competitive rental rates for the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Williamson
    State
    Texas
    Longitude
    -97.4087547
    Latitude
    30.5640971

    Nearby Similar for Sale

    • $399,000

      Turnkey Quadplex in Growing Taylor

      Updated quadplex near Samsung facility, ideal for investors.
      401 Branch St, Taylor, TX 76574
      View Details
    • Contact for pricing
      121,383 SF

      Taylor Industrial Building with Expansion

      121,383 SF industrial building on 14.03 acres for sale.
      207 Allison Dr, Taylor, TX
      View Details
    • $745,000

      Updated Office Building with Garage

      2436 sqft office building featuring multiple spaces and parking.
      620 N Main St, Taylor, TX 76574
      View Details
    • $669,000

      Fully Leased Fourplex Investment Opportunity

      Fourplex with modern amenities, fully leased, near shopping and dining.
      708 W 6Th St, Taylor, TX 76574
      View Details
    • $249,000

      Taylor Duplex Undergoing Remodel

      Duplex in Taylor, TX, near downtown shops and restaurants.
      525 Washburn St, Taylor, TX 76574
      View Details
    • $5,500,000

      Farm Land Near Taylor, Texas

      Farm land with agricultural buildings and income-producing manufactured homes.
      609 County Road 420, Taylor, TX 76574
      View Details

    FAQs

    What type of property is this?
    Multifamily property - High-yield, 2-story retail/residential
    Where is this multifamily property located?
    The property is located at 409 Main St Taylor, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Prime downtown location, proximate to new Samsung facility.; High-traffic area with excellent visibility.; Strong tenant demand in a rapidly growing market.
    (512) 366-7894
    Request Owner's contact information
    409 Main St Taylor, TX 76574
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    409 Main St
    Taylor, TX 76574
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 Main St Taylor, TX 76574
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.