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$360,000

$390,000

7574 St Hwy 64, Ben Wheeler, TX, 75754

$468,000 ARVInfo
On MarketInfo
CommercialInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,080 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
FlooringConcrete, Vinyl

Exterior

Lot Size2.00 acres

Building Information

Year Built1984
Stories1

Land Information

APN066.0003.0270.0000.0000
Land UseResidential
Legal DescriptionACRES: 1.996 ABST: 3 SUR: J ADAMS
Census Tract950902
Assessed Land Value$123,930
Assessed Improvement Value$189,760
Assessment Year2025

About this property

NOW PRICED AT RECENT APPRAISED VALUE! Where commercial potential meets East Texas charm, this exceptional live-work property offers nearly 2 unrestricted acres with approximately 200' of Hwy 64 frontage, outstanding visibility & a daily traffic count of 5,750. Conveniently located less than 15 minutes from I-20, 20 minutes from Tyler & Canton, & under 90 minutes from Dallas, this one-of-a-kind property is ideally positioned for entrepreneurs, investors, business owners, or anyone seeking the flexibility of living & working from the same location. The 1,200 SF climate-controlled shop is fully equipped for business with two mini-split HVAC systems, dual 220V outlets, ample parking & a proven history as a vintage automobile restoration shop. Its versatile layout is well suited for automotive services, contractor headquarters, fabrication, woodworking, e-commerce, inventory storage, creative studios, offices or light manufacturing. The beautifully maintained 2,080 SF Colonial-style home offers timeless character with a wraparound porch, soaring 10' ceilings, stained-glass accents, formal entry, grand central staircase, spacious living room, dining room with wood-burning fireplace & an inviting eat-in kitchen. Major 2025 improvements include a new roof, gutters & energy-efficient windows. Each of the three oversized bedrooms features a private ensuite bath, creating endless possibilities for executive lodging, boutique accommodations, room rentals, bed & breakfast opportunities or comfortable owner occupancy while operating a business on-site (buyer to verify intended use). A peaceful creek meanders through the back of the property, while the restaurants, boutiques, live music & thriving arts community of Ben Wheeler are just minutes away. Whether you're searching for an income-producing investment, business headquarters, commercial opportunity or a unique live-work lifestyle, this versatile property now offers exceptional value priced at recent appraised value.

Investor Tools

$117,250Estimated Mortgage Balance
$283,750Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$468,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

Interested in this property?

Danae Oglesby

Stewart & McGee Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$313,690
2025
$123,930
$189,760
$313,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$313,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$140,700
Yes
First
Apr 16, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,250
$283,750
70%
29%
$844/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: Ben Wheeler

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