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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

551 Audie Murphy Pkwy Farmersville, TX 75442

3,385 SF 2.04 ac lot Built 1965
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity in Farmersville, Texas, presents a unique blend of commercial and residential features. Situated on a prominent hilltop overlooking Highway 380, the property boasts high visibility with over 21,248 vehicles passing daily. The building itself offers 3,385 square feet of versatile space, previously utilized as a clubhouse for the Leatherwood Golf Course. The layout includes three bedrooms, two full bathrooms, and two half bathrooms, providing ample flexibility for various uses. Two living areas, a formal dining room, and a full kitchen offer comfortable amenities, while a two-car garage and additional carport provide convenient parking. The expansive 2.04-acre lot ensures ample space for expansion or outdoor activities. All utilities are readily available. Located outside city limits, but within the ETJ (Extra Territorial Jurisdiction), this property offers a unique combination of accessibility and potential for future development. The high traffic count and prominent location make this an ideal investment for a discerning buyer seeking a high-impact commercial space with significant residential potential. The property's size and features offer a rare opportunity to establish a thriving business in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1965
Total area 3,385 SF
Lot 2.04 ac (88,862 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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