Individually Owned 
For Sale
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Property summary
This exceptional 4,375 square foot storefront property in Krum, Texas, presents a unique investment opportunity. Located at 204 W McCart St, in Old Town Krum, this single-story, 1960-built building sits on a commercially/residentially zoned lot near the main intersection of FM 156 and FM 1173. Currently configured as four units – two retail/office spaces (approximately 1,300 sq ft each) and two apartments (approximately 890 sq ft each with garages) – the property offers immediate income… potential through leasing. The retail spaces can be combined for up to 4,375 sq ft of contiguous space. Abundant public parking is available nearby, including a city-maintained lot across the street. The property benefits from its location in a rapidly growing area, with significant residential development underway, and planned TXDOT roadway expansion to accommodate increased traffic. The city's recent approval of vertical expansion up to six stories in Old Town Krum further enhances the long-term potential of this property, making it ideal for redevelopment or continued operation as a mixed-use asset. The proximity to city hall and the police station adds to the desirability of this location. This property offers a blend of immediate income and significant future upside in a thriving Texas community. Asking price is $630,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Krum market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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