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$379,900

613 Highway 31 E, Kilgore, TX, 75662

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Baths0 Bath
Year BuiltBuilt in 1950

About this property

This is a great opportunity for someone who has always wanted to open their own restaurant without the time, expense, and hassle of starting from scratch. The restaurant offers over 2,700 square feet of heated and cooled space and has been fully remodeled with new flooring throughout, tables, chairs, refrigerators, commercial kitchen equipment, fixtures, and everything else needed to get the restaurant back up and running. The sale includes all of the equipment and furnishings, making this a true turnkey opportunity for a new owner to bring in their own menu, concept, and vision. Save the time and money of building a restaurant from the ground up the hard work has already been done. This space is ready for someone who has been dreaming of opening a restaurant and wants to walk into an established, fully equipped restaurant space and make it their own.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,279 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Enrique Monreal

Summers Cook & Company

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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: Kilgore

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613 Highway 31 E | Property Details | No Agent List