




$800,000
707 N Waldrip St, Grand Saline, TX, 75140
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About this property
A rare and highly versatile opportunity in the heart of Grand Saline, this historically significant property—formerly the only full-service hospital in Van Zandt County—offers exceptional potential for both medical and commercial use. Positioned on a generous 5.6 acre tract with approximately 1,000 feet of road frontage, the property provides outstanding visibility and accessibility, making it ideal for a wide range of healthcare, professional, or business applications. This listing is for the hospital building, 3,000 sq/ft office space, parking all on approximately 1.8 acres. ALSO FOR SALE(separate listing): Entire property situated on approximately 5.6 acres. This would include hospital, 3- duplex style office buildings, 1- 3,000 sq/t office, metal storage building, and vacant land. The full site includes three duplex-style buildings that are well-suited for medical offices, specialty clinics, professional suites, or income-producing commercial spaces. An additional building is ready to be customized, offering flexibility for urgent care, retail, office, or service-based businesses. Square footage of these 3 buildings range from 2,580-3,360 sq/ft. They are split on the inside so there is potential for 6 different services. Ample parking available for all facilities. The expansive grounds provide ample room for future development, additional structures, or parking expansion. Whether you're envisioning a multi-tenant medical campus, a professional business park, or a mixed-use commercial development, this property offers the scale and adaptability to bring your vision to life. A storage building adds convenience for operational needs. With its strong history of serving the community and its prime location, this property presents a unique 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: Grand Saline
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