




$450,000
125 Avenue J, Anson, TX, 79501
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About this property
Located next door to Anson General Hospital, this building was previously a 34-bed licensed assisted living facility until August 2022. Remodeled after purchase in 2017 to include all new paint inside and out and a new fire system in accordance with NFPA guidelines for long term care facilities. Roof installed in November 2023at a cost of $256K: TPO roof, with 20 year warranty, 5 inches of insulation on top of roof with energy efficiency, & copper painted Standing Seam roof mansard & metal perimeter trim. All roof-top HVAC units placed on new curbs & serviced by Climatech HVAC. Building features a large dining room and commercial-size kitchen, commercial dish-machine that was purchased in 2018. The building has 34 rooms split by a bathroom and also has seven handicap rooms in the northeast hall. Three large shower rooms are located within the facility, all updated. Leak in the roof prior to new roof caused water damage inside & 18 of the 34 rooms had to be gutted. All exposed wood has been treated. 16 rooms were not damaged and just need flooring. Clean slate, great investment property. Attached appraisal for $620,000.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Anson
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