506 E ROYALL BOULEVARD #2, MALAKOFF, TX 75148
Homes for sale in Malakoff.
Homes for sale in 75148.
506 E Royall Boulevard #2
Malakoff, TX 75148
List Price$125,000
Listing #21086485
1
Number of Units
Commercial
Type
About This Property
Prime Highway 31 Frontage -- Commercial Opportunity in Malakoff! Position your business for success with this high-visibility .25+- acre lot located directly on Highway 31, one of Malakoff's busiest thoroughfares. This property offers exceptional exposure and accessibility--perfect for a small business, retail venture, office space, or investment project. The lot's high-traffic location ensures steady visibility for signage and customer access, while its level terrain and open layout provide flexibility for building and parking design. Situated within city limits and surrounded by both residential and commercial development, the property offers the ideal blend of convenience and opportunity. Located along a key East Texas corridor serving Cedar Creek Lake communities and 2 mins from Historic Downtown Malakoff, 15 mins from Athens, 30 mins from Corsicana and access to I-45 this property offers strong visibility, steady traffic, and a flexible path to value creation for both owner-users and investors. Whether you envision a drive-thru, retail strip, storage facility, medical office, or rental homes, this site's zoning, lot division, and existing structure give you a head start. Additional lots available.
Property Features
Location Information
County
Henderson
Subdivision
Lot 2 W C Smith Sub
Interior Features
Has Fireplace
No
Total Number of Units
1
Exterior Features
Water / Sewer
Sewer Available, Water Available
Zoning
Commercial C2 or residential SF-1 zoning
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
0
Lot Size in Acres
0.25
Lake Name
Cedar Creek
Lot Size in Sq. Ft.
10,890
Is One Story
No
Possible Best Use
Other
Additional Information
Year Built Details
Preowned
Year Built
1900
Property Type
COM
Status
Active
Property SubType
Unimproved Land
Lot Acres Source
See Remarks
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Mortgage Calculator
$583
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$450
Monthly Tax
$104
Monthly Insurance
$29
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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