




$468,000
500 E May Street, Crandall, TX, 75114
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About this property
What can you not do with this incredible building? A former fire station, this unique building allows many different uses due to Multi-Use Zoning. A warehouse that can also be used for a business and residential living. In addition to the 4 large garage bays, there are several either rooms or offices, open layout with kitchen space, bathrooms with a shower and a covered patio in back of the building with room for outdoor activities. This building is next door to the Golf Course and the Rusty Rail Restaurant and Bar and is near downtown Crandall, so this location is near the business and social scenes. In addition, this facility is located just inside Kaufman County but is right next to Dallas County as well and near all the major freeways. Use your creativity to make this very unique building into either the perfect residential home or the home of your growing business or organization! Minimum 3 year lease. Tenant pays annual taxes, currently around $1040 a month.
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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: Crandall
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