802 Houston St Marshall, TX 75670

Property Details for 802 Houston St

Year built

1924

Lot size

7.80 lot acres

Property size

29,893 SF

Property type

Office Properties & Spaces

APN

03020.00790.00000.000000

APU

9223372036854775807

Description

This exceptional investment opportunity presents a chance to revitalize the historic 1924 Marshall High School, the alma mater of Lady Bird Johnson. Located on a 6.67-acre lot in Marshall, Texas (75670), this three-story, 129,693 square foot building is currently vacant and available for purchase for $3 million or partnership for $1.5 million plus renovation costs. A comprehensive $6.5 million renovation plan is in place, designed to transform the building into a state-of-the-art film school, incorporating modern facilities while preserving its historic character. The City of Marshall has secured Tax Increment Financing (TIF), historical tax credits, and a 501(c)(3) designation to support this project. Strong partnerships with film industry stakeholders are already underway. The property's strategic location, approximately 30 minutes from Shreveport, LA and Longview, TX, and two hours from Dallas, TX, is further enhanced by the proximity to a planned 160-unit affordable housing development (groundbreaking Q1 2025), providing a potential student base. Alternative uses include a boarding school or private school. This is a unique chance to make a lasting impact on the community and the film industry. The property includes one building.