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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Commercial real estate
1901 Elliott St Breckenridge, TX 76424-4001
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5779123
Property summary
AI-generated overview
This exceptional mixed-use property, located at 1901 W Elliott St in Breckenridge, Texas, offers 16,096 square feet of space on a 2.11-acre corner lot (91,912 sq ft). Previously used as a nursing home, this single-story building presents a unique opportunity for various commercial ventures. The property boasts 41 rooms and 24 bathrooms, providing ample space for diverse business needs, including medical facilities or other professional offices. Its design incorporates both stairs and a ramp, ensuring accessibility. The strategic location offers high visibility and convenient access. The asking price is $218,249, translating to $13.56 per square foot. The property is being sold AS IS. Owner financing is available, and credit is not a requirement. Its proximity to a hospital (2.4 miles away) makes it particularly attractive for healthcare-related businesses. This versatile property is ready for its next chapter, offering significant potential for a savvy investor. The property is situated in Stephens County, Texas, zip code 76424.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
16,096 SF
Lot
2.11 ac (91,912 SF)
APN
R000015853
UPID
US82-5779123
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Casas For All LLC · 1 yrs held
Casas For All LLC
since 2024
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Breckenridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Breckenridge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$43 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,316
Tax year 2023
Assessed value
$204,920
Assessed 2024
Previous assessed
$160,930
+27.3% YoY
Effective rate
2.11%
On assessed value
Assessed land
$73,530
Assessed improvement
$131,390
Land market value
$73,530
Improvement market value
$131,390
Total market value
$204,920
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Stories
1
Total area
16,096 SF
Lot
2.11 ac (91,912 SF)
APN
R000015853
UPID
US82-5779123
Jurisdiction
STEPHENS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Casas For All LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5519 S PO BOX 741209TH ST, HOUSTON, TX 77274-1209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
$35,700
Casas For All LLC
Tlc Gp LLC
Public Action
related
—
Jun 22, 2022
—
Rosedale International LLC
Cp 30 Tx LLC
Special Warranty Deed
—
Jun 25, 2018
—
John Douglas Fambrough
Stephen Eugene Fambrough
Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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