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$129,600

216 W Cedar Street, Whitewright, TX, 75491

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths27,322 Sq Ft
OfficeOffice
price_per_sqft$8.4 / sqft
Year BuiltBuilt in 1888

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Other, Wood

Exterior

Lot Size3.70 acres

Building Information

Year Built1940

Land Information

APNX001 4502054
SubdivisionGrayson College Addn
Land UseCommercial
Legal DescriptionGRAYSON COLLEGE ADDN, ACRES 3.7
Census Tract000102
Assessed Land Value$124,330
Assessed Improvement Value$15,670
Assessment Year2025

About this property

Own an AMAZING part of History at the retired Grayson College location in Whitewright Tx on 3.7 acres inside the city limits in a growing part of the community. Once a thriving education facility in 1888-1912,this property had many uses to date,still can with a little work. Most recent business was the full functioning community Day Care and pre-school in the main metal bld with approx 3600sf built in 1990. The remaining 5 blds incl,school rooms,vintage home,4bay bus barn with roll up metal doors and storage built in 1940,a stand alone brick bld once the chem lab would make an amazing home or retail shop and the grand finale being the Gym that is a MUST SEE all itself. Endless possibilities await a new owner!

Investor Tools

Property Icon
$129,600
Estimated Property Value
$0Estimated Mortgage Balance
$129,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,377 /month
Positive
Cash Flow Estimate:
$459 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,065
$129,600
2025
$124,330
$15,670
$140,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,065
$129,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$129,600
100%
0%
$0/mo

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: Whitewright

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216 W Cedar Street | Property Details | No Agent List