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9278 N Highway 77 1,236 SF 100% Leased Flex Building Lexington, TX 78947 $404,492 CAD ($327.26 CAD/SF)
Investment Highlights
- Shaded walking trails
- Move in ready building
- Close to small town but you feel like you are in the country
Executive Summary
Investment opportunity for small homes, tiny homes, a new larger residential home and a commercial building. This is 2 acres of terrain that has walking trails throughout. The existing building was built as a 3/1 residence. The current owners removed a wall, and opened the whole front half of the home, and they used it as a church. This property, being on Hwy 77 has a lot of potential for a commercial business. This front building is move in ready. This property would be great for family or company retreats or groups who enjoy BBQ hot spot tours, or are coming in for a local sporting event or family reunion. When visitors come to Lexington there is no places to stay the night. The closest hotel/motel is 20 minutes away. Parking is available on the Highway side and in the circle drive to the rear. A quote should be in soon to add a bridge across the dry creek for walking or driving.
Property Facts
| Price | $404,492 CAD | Property Type | Flex |
| Price Per SF | $327.26 CAD | Rentable Building Area | 1,236 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | REO Sale | Year Built | 1954 |
| Zoning | None - None. This property is not in the city limits, it is at the very edge. It does have city water. | ||
| Price | $404,492 CAD |
| Price Per SF | $327.26 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | REO Sale |
| Property Type | Flex |
| Rentable Building Area | 1,236 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Zoning | None - None. This property is not in the city limits, it is at the very edge. It does have city water. |
Amenities
- Fenced Lot
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Electric
Property Taxes
| Parcel Number | 11788 | Improvements Assessment | $89,029 CAD |
| Land Assessment | $139,159 CAD | Total Assessment | $228,188 CAD |
Property Taxes
Parcel Number
11788
Land Assessment
$139,159 CAD
Improvements Assessment
$89,029 CAD
Total Assessment
$228,188 CAD
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9278 N Highway 77
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