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$775,999

$799,999

120/124 N Austin Street, Comanche, TX, 76442

On MarketInfo
Just AddedInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths14,000 Sq Ft
price_per_sqft$55.43 / sqft
Year BuiltBuilt in 1913

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

About this property

Rare downtown investment opportunity featuring three adjoining, meticulously restored historic buildings prominently located on the east side of the Comanche town square. Together, these properties offer more than 14,000 square feet of versatile commercial space with exceptional visibility, frontage, and presence in one of Central Texas' most charming downtown districts. Currently operating as a hospitality and entertainment destination, the property includes a restaurant and beer garden, event venue, and lodging accommodations. The flexible layout supports a variety of commercial uses, including hospitality, dining, retail, entertainment, lodging, office space, or mixed-use development. The buildings blend historic character with modern functionality and feature spacious gathering areas, commercial kitchen and service areas, event space, and guest accommodations. Thoughtful renovations preserve the property's unique architectural appeal while providing the infrastructure needed for continued operation and future growth. Located in the heart of Comanche's vibrant town square, the property benefits from strong visibility, walkability, tourism, community events, and proximity to local businesses and attractions. This is a rare opportunity to acquire a landmark downtown property with exceptional versatility, historic charm, and significant potential in a growing Central Texas community. Buyer to verify all information, including square footage, zoning, permitted uses, and development potential.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,656 /month
Positive
Cash Flow Estimate:
$1,552 /month

Interested in this property?

Vicky Tarver

ARMSTRONG REAL ESTATE

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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: Comanche

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120/124 N Austin Street | Property Details | No Agent List