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$349,000

1101 S St. Marys, Falfurrias, TX, 78355

$389,000 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths8,694 Sq Ft
OfficeOffice
price_per_sqft$40.14 / sqft
Year BuiltBuilt in 2005

About this property

Property Description: This versatile commercial property features two separate entrances and offers endless possibilities. One side is a fully renovated event center, ideal for weddings, parties, and corporate events, complete with a kitchen, bathrooms, and stage. The other side includes eight private offices, a large reception area, and restrooms, perfect for professional use. Additional amenities include a back patio and ample parking in the rear. Whether you're looking to host events or run a business, this property provides incredible flexibility and potential for a variety of uses. Overhead doors are conducive for warehouse products. Client is willing to consider trading properties, or allowingseller financing plus trades. Bring all offers

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$389,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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: Falfurrias

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1101 S St. Marys | Property Details | No Agent List