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Days223Days on Market
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$599,000

217 College Street, Sulphur Springs, TX, 75482

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,622 Sq Ft
price_per_sqft$129.6 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Laminate, Tile

Exterior

Lot Size18,600 sqft

Building Information

Year Built1960

Land Information

APNR000001493
Land UseCommercial
Legal DescriptionACRES: 0.427 LOT: 25 BLK: 3 TOWN: SULPHUR SPRINGS
Census Tract950500
Assessed Land Value$13,390
Assessed Improvement Value$137,870
Assessment Year2025

About this property

*** PRICE IMPROVEMENT *** 217 College St., Sulphur Springs Texas is a mid-century modern commercial building built in 1960 located just two blocks from historic downtown Sulphur Springs. This versatile property features a fully furnished large dining area, a separate party room with a private prep kitchen and a spacious commercial kitchen with a walk-in cooler. Additional amenities include a private office with separate entry, handicap accessible ramps and a large wrap around parking area with an outdoor storage unit. Excellent visibility and proximity to downtown shopping and dining make this property ideal for a restaurant, event venue, or other commercial uses. The adjoining property at 225 College St. includes a 1920 home offering approximately 2212 ft.² of additional space. This structure provides flexibile options for the new owner – use as office spaces, storage, or redevelopment potential such as expanding parking or future building projects. Together this property offers flexible options in a highly visible location near downtown shopping, perfect for an entrepreneur, investor or developer looking to grow in one of East Texas most vibrant communities.

Investor Tools

$0Estimated Mortgage Balance
$151,260Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Rae Huffman

Tarpley, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$713
$151,260
2025
$13,390
$137,870
$151,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$713
$151,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$151,260
100%
0%
$0/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: Sulphur Springs

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217 College Street | Property Details | No Agent List