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Property profile & analytics
OFF-MARKET
Commercial real estate

222 Main St Mcgregor, TX 76657-1607

7,136 SF 0.08 ac lot Built 1889
Entity Owned 1-yr Hold Free & Clear
Property ID
US82-0306075
Property summary
AI-generated overview

This exceptional 7,136 square foot mixed-use building, located at 222 S Main St in McGregor, Texas, presents a unique redevelopment opportunity. Originally constructed in 1889, this two-story structure boasts a charming historic façade featuring tall white pillars, a classic clock, and a preserved "First Nat'l Bank" stone engraving. The building sits on a 3,600 square foot lot and is zoned for commercial use. The interior is currently gutted, providing a blank canvas for a diverse range of uses, including residential lofts, office space, restaurant, retail, or a combination thereof. Situated in the heart of McGregor's downtown area, this property offers unparalleled potential to capitalize on the town's revitalization efforts and its thriving small-business community. The building's prominent location and historical significance make it an ideal investment for an entrepreneur seeking a unique and impactful project. The asking price is $350,000. This is a rare chance to own a piece of McGregor's history and shape its future. The property's versatility and prime location make it an attractive investment for those seeking a high-impact redevelopment project in a charming Texas town. The building's substantial size and existing infrastructure provide a solid foundation for a variety of creative and profitable ventures.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1889
Construction BRICK
Total area 7,136 SF
Lot 0.08 ac (3,615 SF)
Zoning code C
APN 341340000315007
UPID US82-0306075
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
New Horizons II LLC · 1 yrs held
New Horizons II LLC
since 2025
2 recorded transactions
2025
Price N/A
2007
Price N/A
Zoning & alternative use
C · Mcgregor, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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