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$849,000

106 W Main Street, Pilot Point, TX, 76258

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths4,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.44 / sqft
Year BuiltBuilt in 1892

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Outdoor Shower, Permeable Paving, Private Entrance, Private Yard
Lot Size5,001 sqft

Building Information

Year Built1995
Stories2
Roof Type104

Land Information

APNR39401
Lot Number3
SubdivisionO T Pilot Point
Land UseCommercial
Legal DescriptionO T PILOT POINT BLK 8 LOT 3(W 1/2)
Census Tract020118
Assessed Land Value$75,000
Assessed Improvement Value$332,929
Assessment Year2025

About this property

PRICE IMPROVEMENT – ICONIC INCOME-PRODUCING PROPERTY ON THE SQUARE Historic 1892 Mixed-Use Building Now Offered at $849,000 Positioned directly on the square in the heart of historic downtown Pilot Point, this fully restored 1892 landmark presents a rare opportunity to own a cash-flowing, mixed-use asset in one of North Texas’ fastest-growing corridors near Lake Ray Roberts. With approximately 4,300 sq ft, this property is purpose-built for investors and owner-operators seeking immediate income with long-term upside. Income & Investment Highlights Established commercial tenant occupying ~2,000 sq ft (steady income stream) 2,300 sq ft residential loft currently operating as a short-term rental Turnkey setup with proven income potential from day one Flexible mixed-use zoning allows for retail, office, hospitality, or expanded STR use Historic Character That Commands Premium Rents Original exposed brick walls, wood beams, and tin ceilings Thoughtfully restored to preserve authenticity while supporting modern use Includes curated furnishings and antiques, plus a rare vintage safe—enhancing both experience and value Prominent on-the-square presence with strong foot traffic and visibility Walkable to local dining, shopping, and year-round community events Rooftop deck with views toward Lake Ray Roberts—a standout feature for guests and tenants alike Why This Property Stands Out Properties with this combination of historic charm, income generation, and prime square location rarely become available in Pilot Point. With continued growth expanding north from the DFW metro area, this asset is well-positioned for both immediate returns and future appreciation. Opportunities like this don’t sit forever—especially at this new price point. Schedule a private showing and secure one of downtown Pilot Point’s most distinctive and versatile investment properties.

Investor Tools

$891,764Estimated Mortgage Balance
$263,117Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

Interested in this property?

Winston Foster

Stanfield Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,550
$263,117
2025
$75,000
$332,929
$407,929
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,550
$263,117

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Notes Llc
Commercial
$905,000
No
First
Aug 12, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$891,764
N/A
0%
339%
$5,426/mo

City: Pilot Point

106 W Main Street | Property Details | No Agent List