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$475,000

$524,998

203 Norton St, Lone Oak, TX, 75453

On MarketInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths7,500 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 2000

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size1.19 acres

Building Information

Year Built1995
Stories1
Roof Type105

Land Information

APN4395-0130-0000-51
SubdivisionOrig Town Of Lone Oak
Land UseCommercial
Legal DescriptionS4395 ORIG TOWN OF LONE OAK BLK 13 ACRES 1.19
Census Tract960700
Assessed Land Value$129,590
Assessed Improvement Value$195,450
Assessment Year2025

About this property

8500 SQFT under roof - 7500 with HVAC - 3 Phase power. Free span building. There is 2 offices and 2 bathrooms. A break room and an additional room with foam insulation that could be turned into another office. Sitting on just over an acre there is room to expand if you like. On HWY 69, Traffic count is over 11,000 vehicles a day according to Txdot. Lone Oak is a small town 20 minutes from Greenville, TX, that is growing like crazy right now. This building has endless possibilites for you, currently a machine shop, but in the past, it was a retail store and a daycare.

Investor Tools

$137,085Estimated Mortgage Balance
$188,262Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Genevieve Golden

Golden Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,639
$325,040
2025
$129,590
$195,450
$325,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,639
$325,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$160,000
No
First
May 17, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,085
$187,955
57%
42%
$960/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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: Lone Oak

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203 Norton St | Property Details | No Agent List