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$449,000

515 FM 66, Itasca, TX, 76055

On MarketInfo
CommercialInfo
Baths0 Bath
Baths7,500 Sq Ft
RetailRetail
price_per_sqft$59.87 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

About this property

This 7,500 sqft metal building, built in 2021, offers incredible flexibility for commercial or residential use. Located outside city limits with no zoning or known deed restrictions, the property opens the door to a wide range of possibilities. About 2,500 sq ft is finished and climate-controlled, currently set up as a storefront with commercial doors, office, and bathroom, making it easy to convert into a home, multi-unit space, retail shop, or other business ventures. A brand new, never used 10x8 walk in cooler is included. The 5,000 sqft warehouse features three roll up doors, a loading dock, shop lift, and an additional 10x10 office. Two separate electrical panels allow for easy division of the space. Utilities include water through Files Valley Water Supply Corporation and electricity through Oncor, both separately metered, with the water meter located on the east side near the neighboring property and electric connected directly to the building. The gravel parking area is prepped for asphalt, and the property is fully enclosed with metal fencing and mature pecan trees. A non-operational well is located approximately 50 feet south of the front shop near the fence. Seller financing is available with a minimum of 20% down at 9% interest, with negotiable terms. The full tract is 55 acres, but this offering includes 1 acre, with additional acreage available at $20,000 per acre; the fire stand is not included in the 1 acre and would be part of additional negotiated land. Firework stand with additional an additional acre is negociable at $50,000 more. This includes its full business and inventory. Contact agent for more questions.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

Danna Guille-Chavez

Real Broker, LLC

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Financing Details

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

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: Itasca

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