1251 State Highway 205 Rockwall, TX 75032
This exceptional commercial property, located at 1251 S State Highway 205 in McLendon-Chisholm, Texas, presents a unique investment opportunity. Situated on a one-acre lot, this 3,006 square foot building boasts a charming, historic character, having served as a church in the late 1800s and early 1900s. Currently operating as a tea room with retail sales, the property offers versatile space adaptable to various uses, subject to McLendon-Chisholm city approvals. Features include bright, open rooms, a kitchen, two restrooms, and several potential office areas. The property also features a large scenic porch, mature trees, and a small parking lot. The location benefits from high traffic counts exceeding 16,000 vehicles daily on State Highway 205, a major thoroughfare connecting Terrell and Rockwall. The property is zoned as a General Business District and future road development plans include widening the highway to four lanes. The spacious backyard provides ample outdoor space. Owner financing is available with 50% down. This property offers a blend of history, functionality, and high visibility, making it an attractive investment in a rapidly growing area.
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Chisholm Country Store & Cafe Cafe & Coffee Shop
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Guapo Cigars (Bike/Boat/Book/etc) Store
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Chisholm Custom Homes Construction Company General Contractor
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.