Description
This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors. The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
Property Details
| Status | Active |
| MLS # | ACT230847741 |
| Taxes | $13,535 (2025) / year |
| Type | Commercial Sale |
| Year Built | 1998 |
| Living Area | 6,889 Sq. Ft. |
| Lot Size | 0.37 AC / 15,938 SF |
| County | McLennan |
| Subdivision | Bagby |
Property Information
Parking
Utilities & Construction
Directions: Exit IH 35. Head SE on 8th St. Property will be on your left. SE corner of 8th and Wood Ave.
Location
Property History
| Date | Event | Price |
|---|---|---|
| May 21, 2026 | Listed (Active) · MLS# ACT230847741 | $2,000,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Total Sq. Ft. | 6,889 |
| Lot Size | 15,938 Sq. Ft. |
| Style | Commercial Sale |
| County | MCLENNAN |
| MLS # | ACT230847741 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.