1011 Redbud St Overton, TX 75684
This exceptional Overton, Texas property presents a unique investment opportunity, blending commercial and residential spaces on a generous 5.3-acre lot. The property encompasses a 3,000 square foot commercial shop, built in 1984, featuring a 12-foot eave height, seven 10' x 10' grade-level overhead doors, approximately 100 square feet of office space with a window unit, and a bathroom. City water and septic service the shop. A separate, 1,764 square foot, two-story single-family residence, constructed in 1998, provides comfortable living quarters with three bedrooms and two bathrooms. It also utilizes city water and septic. Adding to the versatility is a 2,700 square foot garage, built in 1994, complete with climate control, a bathroom, one 12' x 10' and three 10' x 8' grade-level overhead doors. The garage is serviced by a well and septic system. A water well is also located on the property. All items and equipment within the buildings are available for separate purchase and are not included in the listed sales price of $550,000. This property offers significant potential for a variety of uses, from expanding an existing business to creating a unique live-work environment. Don't miss this chance to own a substantial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.