410 Jefferson Ave Princeton, TX 75407
This 1,400 sq ft mixed-use property at 410 Jefferson Avenue, Princeton, TX 75407, presents a unique investment opportunity. Built in 1945, this home sits on a 0.172-acre lot and features two bedrooms, two living areas, a large kitchen with an island, a fireplace, and hardwood floors. A one-car garage and a 25x8 covered front porch add to its appeal. The property boasts a metal roof and is conveniently located across from Jackie Hendricks Stadium, near Princeton's town square, offering easy access to dining and parks. Currently zoned Commercial/Residential, the property requires a certificate of occupancy, a business plan, and city approval for commercial use. Utilities are currently off. Buyers are responsible for researching zoning requirements and obtaining necessary permits for any commercial development. This property offers a blend of residential comfort and significant commercial potential, making it an attractive proposition for investors seeking a versatile space in a desirable location. The property's existing structure provides a solid foundation for renovation and adaptation to a variety of commercial uses. Its proximity to the town square and stadium ensures high visibility and accessibility. This is a chance to acquire a property with both immediate residential use and significant long-term commercial upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.