1011 W GROVE STREET, KAUFMAN, TX 75142

Homes for sale in Kaufman.

Homes for sale in 75142.


Active

List Price$1,200,000

1011 W Grove Street

Kaufman, TX 75142

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Listing #21211063

6,786

Square Feet

1

Number of Units

Commercial

Type

About This Property

INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 8.5% Cap Rate - Occupancy: 100% - Location: DFW Metroplex (East) A rare opportunity to acquire a stabilized, high-yield medical asset located in the second fastest-growing county in the United States. This property features a diversified medical tenant mix with long-term sticky leases, providing immediate cash flow and a hedge against market volatility. As the Dallas-Fort Worth metroplex continues its aggressive eastward expansion, this asset is positioned for significant long-term capital appreciation. Investment Highlights: -Superior Yield: At a 8.5% Cap Rate, this asset outperforms typical DFW medical office trades, which currently average 5.5%--6.25%. 100% Occupied: Zero near-term vacancy risk with a curated mix of healthcare providers essential to the local community. -Explosive Market Growth: Kaufman County has seen a 36% population increase since 2020. It is currently maintaining a growth rate nearly 10x the national average. -Strategic Location: Path of Progress: Located in the heart of the Kaufman medical corridor, benefiting from massive regional infrastructure improvements, including the $129M US-175 interchange expansion. Kaufman is no longer a rural outpost; it is a primary suburban hub. With the population of Kaufman County projected to surpass 220,000 this year, the demand for outpatient services is outstripping supply. -Recession-Proof Asset Class: Medical tenants have a historical retention rate of over 85% and are largely immune to e-commerce and remote-work trends. -New Infrastructure: Proximity to major logistics and cold-storage developments (like the 121,000 SF project on SH-34) is driving high-income medical professional relocation to the area. -Limited Supply: New medical construction costs in Texas have risen to $350--$800 SF, making existing stabilized assets like this one a high-value basis play for investors.

Property Features

Location Information

County

Kaufman

Subdivision

Kaufman Medical Plaza Add

Interior Features

Has Fireplace

No

Tenant Pays

All Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Insurance, Janitorial Service, Pest Control, Se

Heating

Central

Total Number of Units

1

Cooling

Central Air

Accessibility

ADA Compliant, Accessible Elevator Installed, Access

Floors

Carpet, Ceramic Tile

Exterior Features

Construction

Rock, Stone, Stucco

Lot Size in Sq. Ft.

19,863

Foundation

Slab

Possible Best Use

Medical/Dental, Office

Roof

Metal

Zoning

Commercial

Utilities

Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

6,786

Security System

Security System, Smoke Detector(s)

Road Description

City Street

Parking Description

Common, Concrete, Driveway

Is One Story

No

Lot Description

Landscaped, Level, Few Trees, Flat

Lot Description

Landscaped, Level, Few Trees, Flat

Lot Size in Acres

0.456

Additional Information

Year Built Details

Preowned

Tax Annual Amount

27312.0

Property Type

COM

Exclusions

Tenant's items and equipment

Property SubType

Office

Community Features

Curbs

Year Built

2004

Documents Available

Aerial

Status

Active

Lot Acres Source

Assessor

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$5,604

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,324

Monthly Tax

$1,000

Monthly Insurance

$280

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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