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Days302Days on Market
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$2,900

701 E Broadway St, Gainesville, TX, 76240

On MarketInfo
CommercialInfo
Baths21,146 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2000

Highlights

Interior

FlooringConcrete

Exterior

Lot Size1.54 acres

Building Information

Year Built1920

Land Information

APN5822
SubdivisionGainesville Addn
Land UseCommercial
Legal DescriptionGAINESVILLE ADDN; BLOCK 143; TR 1
Census Tract000500
Assessed Land Value$20,576
Assessed Improvement Value$51,414
Assessment Year2025

About this property

Prime commercial lease opportunity in Gainesville, TX! This 1,400 sq. ft. space at 701 E Broadway St. is move-in ready and offers excellent visibility along a high-traffic corridor. The building is versatile and can accommodate a variety of business types, from office to retail or service-based operations. In addition to the interior space, the property features nine 240V, 50 AMP electrical connections—ideal for RV or boat parking, storage, or service-related businesses. This added utility makes the property uniquely suited for tenants needing both workspace and outdoor functionality. Conveniently located near major roadways, this property provides easy access for customers, employees, and deliveries. With flexible use potential and immediate availability, it’s a rare find in the Gainesville commercial market. Highlights:1,400 Sq. Ft. commercial building, Immediate availability, 9 RV boat hookups with 240V, 50 AMP connections, Great visibility and access on E Broadway St., Suitable for office, retail, or service businesses

Investor Tools

$523,468Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$432 /month
Positive
Cash Flow Estimate:
$144 /month

Interested in this property?

Jamie Wilson

Local Pro Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,364
$71,990
2025
$20,576
$51,414
$71,990
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,364
$71,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Super Rustic Llc
Stand Alone Second / Subordinate Position
$525,748
No
First
Feb 20, 2026
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,468
N/A
0%
727%
$3,153/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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: Gainesville

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701 E Broadway St | Property Details | No Agent List