
$372,579
NAL Estimated Property Value402 Elm St, Buffalo Gap, TX, 79508
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About this property
This unique property offers the perfect blend of residential charm and commercial functionality. Situated on a spacious .48 acre lot, the home provides flexibility for a variety of uses — ideal for a small business, home office, or live-work setup. The main structure (2 bedrooms, 1.5 bathrooms, a large living room with a wood burning firepalce, and an extra large laundry space,office) features comfortable living space that can easily be adapted for office use, client meetings, or other professional needs. Outside, you’ll find two separate storage buildings (this includes a 20 x 20 workshop with a roll-up door and the potential for a second living space), perfect for inventory, equipment, or workshop space. The yard is maintained by a private well, helping reduce utility costs and supporting lush landscaping or future outdoor expansion. Whether you're looking to establish a business, invest in a mixed-use property, or simply enjoy the extra space and functionality, this property offers rare potential in a prime location.
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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: Buffalo Gap
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