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Property profile & analytics
OFF-MARKET
Commercial real estate

10690 Fm 20 Hwy Kingsbury, TX 78638

1.7 ac lot Built 1946
Property ID
Property summary
AI-generated overview

This exceptional 1.7-acre property in Kingsbury, TX, presents a unique investment opportunity. The main structure, Deans Store, boasts a rich history, originally established in 1946 as a general store serving local farmers and ranchers. While the original store function has diminished, the bar has thrived, offering a unique atmosphere with a jukebox, pool table, and a welcoming ambiance reminiscent of a classic Texas saloon. The property includes a separate building currently used for storage, adjacent to the main structure. This offers significant expansion potential, allowing for the addition of music venues, a return to retail operations, or various other commercial ventures. The main building features two storage rooms and two restrooms, conveniently located across a breezeway from the main bar area. The property's assessed market value is $341,888. This is a rare chance to own a piece of Texas history and capitalize on its considerable potential for future development and growth. The property is located at 10690 Fm 20 Highway Unit 10690, Kingsbury, TX and is listed at $300,000.

Property profile
Verified
Property type Commercial real estate
Year built 1946
Lot 1.7 ac (74,052 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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