Property profile

10505 Fm 840 Henderson, TX 75654

OFF-MARKET
Wedding venues
Property ID
US82-9089548
1,968 SF 4.6 ac lot Built 2016
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Property summary

AI-generated overview

This exceptional mixed-use property in Henderson, Texas, presents a unique investment opportunity. Located at 10505 FM840, 75654, this 1,968 square foot building sits on a generous 4.6-acre lot, complete with a tranquil pond and a charming she-shed. Built in 2016, the property currently functions as a residence but offers immense potential for redevelopment. The interior boasts a spacious open-concept living area highlighted by a substantial rock fireplace and attractive wood ceilings. A gourmet kitchen, featuring granite countertops and custom wood cabinetry, adds to the property's appeal. The existing layout includes one bedroom and one and a half bathrooms. The expansive acreage and picturesque setting provide ample space for outdoor events and gatherings, making it ideally suited for conversion into a venue or event center. The property's versatility allows for a range of uses, from corporate retreats to private celebrations. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable Texas location. The asking price is $350,000. Broker co-op is available.

Property profile

Verified
Property type Wedding venues
Year built 2016
Total area 1,968 SF
Lot 4.6 ac (200,376 SF)
UPID US82-9089548

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10505 Fm 840 Henderson, TX 75654
Henderson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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