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

Status of the property has changed, please contact for details

List Price$125,000

Listing Image Listing Image Listing Image Listing Image Listing Image

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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