709 Tilford Ave, Ralls, TX 79357

Property Details for 709 Tilford Ave

Year built

1925

Lot size

0.48 lot acres

Property type

Commercial real estate

APN

R11994

APU

R11994

Description

The Ralls Inn, a remarkable 28,000 square foot mixed-use property located at 709 Tilford Ave, Ralls, TX 79357, presents a unique investment opportunity. Built in 1925, this five-story building sits on a 21,000 square foot lot and boasts a rich history. Currently operating at 85% occupancy, the property comprises five retail spaces and five apartments, four of which are currently occupied. Adding to its versatility, the Inn includes an event ballroom, perfect for generating additional revenue streams. A substantial 6,000 square foot shop building further enhances the property's commercial potential. This expansive property offers a blend of residential and commercial uses, making it an attractive investment for those seeking a diversified portfolio. The asking price for this piece of Texas history is $199,950. The property's prime location in the heart of Ralls, Texas, ensures strong potential for future growth and profitability. This is a rare chance to acquire a well-established, multi-faceted property with significant income-generating capabilities. The building's substantial size and diverse offerings provide ample room for expansion and customization to meet evolving market demands. Don't miss this exceptional opportunity to own a piece of Ralls' vibrant past and secure a promising future.

Location Insight

City

Ralls

County

Crosby

State

Texas

Longitude

-101.385

Latitude

33.6802

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments