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$695,000

611 W Main St, Fabens, TX, 79838

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,568 Sq Ft
Year BuiltBuilt in 2003

About this property

Rare opportunity in Fabens! Situated on approximately 4.19 acres, this unique multi-use income-producing property offers an impressive combination of commercial, residential, and mobile home spaces all in one location. The street-front commercial building provides excellent visibility along W. Main St. and currently includes space for a restaurant, office, and store front. Beyond the commercial area, the property features 15 studio units currently being used as apartments, plus 7 mobile home spaces, creating multiple potential income streams. Toward the rear of the property sits the main residence, a spacious 3bed, 2bath mobile home, offering added privacy away from the street-front activity. With 4.19 acres, commercial frontage, multiple residential units, mobile home spaces, and an on-site residence, this property offers tremendous versatility and investment potential. Whether you're looking to expand an existing operation, build a diversified rental portfolio, or explore future redevelopment opportunities.

Investor Tools

$0Estimated Mortgage Balance
$191,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Peter Diaz

Dew Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/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: Fabens

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611 W Main St | Property Details | No Agent List