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Property profile & analytics
OFF-MARKET
Retail space

1408 Houston St Wellington, TX 79095

5,800 SF 1.11 ac lot Built 1950
Property ID
US83-0291588
Property summary
AI-generated overview

This exceptional 5,800 square foot mixed-use property, situated on a 1.11-acre lot in Wellington, Texas, presents a unique investment opportunity. Originally built in 1950 and renovated in 1999, the building boasts excellent US Highway 83 frontage. The property features a storefront area ideal for retail or workshop use, seamlessly connected to a spacious residence at the rear. The open-concept living area includes a corner fireplace, an expansive bar overlooking the kitchen, and multiple patio and French doors leading to a covered patio, storm cellar, and expansive yard. The residence offers two large bedrooms, each with wall-to-wall cedar closets, and a master suite with an updated walk-in shower. The property includes three HVAC units, a large display case (conveys with the property), an oversized carport with a garage door entrance, and a garage/warehouse connecting the retail and residential spaces. The roof is hot tar with a cap sheet. This versatile property offers multiple options for its future use and is currently vacant. The asking price is $179,000. This property is being sold as-is, and owner financing is not available. Serious inquiries only.

Property profile
Verified
Property type Retail space
Year built 1950
Total area 5,800 SF
Lot 1.11 ac (48,352 SF)
UPID US83-0291588
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
Current use
Occupant on record · Public records
  • Sportsman Taxidermy (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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