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$400,000

116 E Highway 199, Springtown, TX, 76082

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CommercialInfo

About this property

Exceptional commercial development opportunity in the heart of Springtown. This vacant C2 Commercial zoned corner lot is strategically positioned at the highly visible intersection of Highway 199 and Highway 51, offering outstanding frontage and direct exposure along Highway 199. Located within Springtown city limits, the property is ideal for a wide range of commercial uses including a coffee shop, gas station, restaurant, retail center, professional office, medical office, automotive service business, and more. With strong traffic counts, excellent accessibility, and prominent visibility from multiple directions, this site provides an outstanding location for businesses seeking maximum exposure. Surrounded by continued residential and commercial growth, the property presents tremendous potential for investors, developers, and owner-users looking to capitalize on one of Springtown’s busiest commercial corridors. Rare opportunity to develop a premier commercial site in a rapidly expanding market.

Investor Tools

$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Chase Hall

Chase Realty DFW

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Financing Details

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

City: Springtown

116 E Highway 199 | Property Details | No Agent List