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Days47Days on Market
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$269,000

106 N Main St, Grand Saline, TX, 75140

On MarketInfo
CommercialInfo
Baths3,520 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1900

Highlights

Interior

FlooringCombination, Hardwood, Vinyl

Exterior

Lot Size4,008 sqft

Building Information

Year Built1900
Stories1

Land Information

APN044.3500.0015.0015.0210
Lot Number12-15
Land UseCommercial
Legal DescriptionACRES: 0.092 BLK: 15 LOT: PTS 12-15 ADDN: ORIGINAL OLD WESTERN AUTO
Census Tract950200
Assessed Land Value$14,190
Assessed Improvement Value$192,900
Assessment Year2025

About this property

Turnkey investment opportunity in the heart of historic downtown Grand Saline. This fully renovated commercial building offers two separate suites, both currently leased, providing immediate and stable income from day one. The property has been thoughtfully restored while maintaining its historic character, and now features major system updates including roof, HVAC, plumbing, and electrical—giving investors peace of mind and reducing future capital expenses. The building is divided into two approximately equal suites, each with its own restroom and functional layout, making it ideal for retail, office, or service-based tenants. With both units occupied, this property delivers consistent cash flow in a growing downtown setting. Located on Main Street, the property benefits from strong visibility and steady traffic, surrounded by local businesses and community attractions that continue to drive activity to the area. Whether you’re looking to expand your portfolio or secure a low-maintenance, income-producing asset, this property offers the perfect combination of location, updates, and long-term potential. Don’t miss your opportunity to own a fully leased commercial property with built-in income in one of East Texas’ charming and revitalizing downtown districts.

Investor Tools

$0Estimated Mortgage Balance
$207,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

Interested in this property?

Norma Barrett

Coldwell Banker Anderson Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,609
$207,090
2025
$14,190
$192,900
$207,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,609
$207,090

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$207,090
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Saline

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106 N Main St | Property Details | No Agent List