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Days162Days on Market
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$625,000

206 E Washington Avenue, Navasota, TX, 77868

On MarketInfo
CommercialInfo
Baths0 Bath
Baths8,798 Sq Ft
RetailRetail
price_per_sqft$71.04 / sqft
Year BuiltBuilt in 1809

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile, Wood

Building Information

Year Built1910
Stories2
Roof Type172

Land Information

APNR25183
Lot Number2
Land UseCommercial
Legal DescriptionH&TC, BLOCK 84, LOT 2
Census Tract180101
Assessed Land Value$25,880
Assessed Improvement Value$600,548
Assessment Year2025

About this property

Rare opportunity to own a two-story, commercial building in the heart of downtown Navasota near the Railroad District. Dating back to 1809, and listed on the National Historic Registry, this property blends timeless character with modern upgrades that suit investors, business owners, or visionaries looking to be part of a growing community. The first floor offers flexible commercial use with 2,285sqft in Suite A and 2,101sqft in Suite B. Suitable for a restaurant, office or retail space, the layout allows for multiple tenants with two sidewalk entrances or a singular expansive concept. The upstairs is special featuring original wood floors, limestone walls and undeniable historic charm making an incredible space for a loft, creative studio or event venue. Recent upgrades on the first floor include electrical, LED lighting, and a releveled ceiling tile system. Located in a rapidly growing area, this location is near Brenham, College Station and Houston, with convenient access to the Aggie Expressway, making it both a strategic and an exciting investment. Full of potential. Historic. Versatile.

Investor Tools

$234,707Estimated Mortgage Balance
$391,721Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,759 /month
Positive
Cash Flow Estimate:
$1,253 /month

Interested in this property?

Jackson Fultz

Fultz Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,865
$626,428
2025
$25,880
$600,548
$626,428
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,865
$626,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Open End Mortgage / Open End With Future Advance Clause
$260,000
No
First
Apr 9, 2021
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,707
$391,721
62%
37%
$1,559/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: Navasota

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206 E Washington Avenue | Property Details | No Agent List