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$299,000

8589 N US Highway 181, Tuleta, TX, 78162

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths73,180 Sq Ft
price_per_sqft$4.09 / sqft

About this property

A rare piece of Texas history, the TULETA GRADE SCHOOL, is being offered for sale. This landmark of South Texas stands as an extraordinary redevelopment opportunity for investors seeking a rare asset with unlimited potential. Built between 1938-1940 under the WPA, this 5,603 sq. ft. stone structure was crafted from locally quarried native stone. giving it a level of permanence, texture and architectural presence impossible to replicate today. Set on 1.68 acre fronting Hwy 181, this property offers exceptional visibility, easy access and a commanding footprint ideal for transformation into a destination event venue, boutique retreat, creative studio or mixed use commercial concept. Special details include a stately columned entrance with carved stone pediment, multiple chimneys rising above the roofline, thick hand laid stone walls, and a dramatic symmetrical facade with timeless appeal. The arched walls made of stone and situated around the back of the building are another example of craftmanship as is the AUDITORIM stone pediment. This is truly a gem!!! Located 70.5 miles to Corpus Christi, 77.8 miles to San Antonio and 53 miles to Victoria, 13.9 mile N of Beeville

Investor Tools

$0Estimated Mortgage Balance
$299,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Janet DiMaggio

Rabe Real Estate LLC

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Financing Details

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

City: Tuleta

8589 N US Highway 181 | Property Details | No Agent List