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$213,000

806 Locke Street, Woodsboro, TX, 78393

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,920 Sq Ft
OfficeOffice
price_per_sqft$54.34 / sqft
Year BuiltBuilt in 2013

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size15,002 sqft

Building Information

Year Built2013

Land Information

APN713994
Lot Number3-5
Land UseCommercial
Legal DescriptionE/20 LT 3 ALL LTS 4-5- BLK 47 KASTEN-WOODSBORO
Census Tract950400
Assessed Land Value$11,290
Assessed Improvement Value$186,860
Assessment Year2025

About this property

Versatile Commercial Opportunity in Woodsboro, Texas! This 3,900± sq ft multi-purpose facility offers endless potential and is currently operating as a fully functioning gym and beauty salon. Designed with flexibility in mind, this property is ideal for fitness, wellness, retail, studio space, or a variety of commercial uses. The gym area features concrete flooring with durable rubber matting for easy maintenance, (6) impressive 16-ft tall roll-up doors allowing excellent airflow and natural light, and ample space for strength training, cardio, group classes, CrossFit-style workouts, personal training, or recreational use. A unique rock wall adds character and a fun visual focal point. Gym equipment conveys, making this a true turnkey opportunity. The salon space is equally well appointed with stained concrete flooring, charming accent lighting, a welcoming front desk area, and two shampoo bowls—just bring your supplies and get started. Additional features include a kitchen area, a full bathroom with shower (perfect for post-workout rinse-offs), and a separate private room ideal for massage therapy, spray tanning, esthetics, or office use. Salon furnishings convey. Out back, enjoy a concrete pad with a basketball goal—great for training, recreation, or events. Also included on the property is a separate storage barn with concrete flooring and two roll-up doors, offering excellent space for equipment storage, inventory, or workshop use. Whether you’re looking to continue its current use or reimagine the space, this property delivers functionality, character, and opportunity—all in the heart of Woodsboro.

Investor Tools

$43,532Estimated Mortgage Balance
$154,618Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,061
$198,150
2025
$11,290
$186,860
$198,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,061
$198,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Weatherford
Unknown
$63,900
No
First
Jun 20, 2012
Jun 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,532
$154,618
78%
22%
$384/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.

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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: Woodsboro

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806 Locke Street | Property Details | No Agent List