




$169,000
501 Peyton St, Baird, TX, 79504
Property Lead Type:
Highlights
Interior
About this property
Currently set up as a well-maintained commercial property, this five-office layout offers a unique opportunity for buyers looking to create a spacious, character-filled home. With a little modification, this space could easily transform into a stunning residence — think four bedrooms (or a mix of bedrooms, home offices, and bonus rooms), a bathroom already in place, and a generous entry area ready to become an inviting living room. The current layout offers a head start on your renovation: private offices that convert easily into bedrooms or flex spaces, a reception area with plenty of room to reimagine as a family gathering space or open-concept living area, and a functional bathroom ready to be updated to residential finishes. Of course, the space works just as well as-is for medical, legal, consulting, or administrative use — offering flexibility for buyers who want a turnkey commercial setup. But for those with vision, this property presents an exciting chance to create a one-of-a-kind home in a highly accessible location, blending the best of both worlds: solid existing infrastructure and the freedom to design a space that's uniquely yours. Whether you're drawn to its business-ready functionality or its potential as a distinctive residential conversion, this property delivers flexibility, location, and opportunity.
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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: Baird
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