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$325,000

118 N Main St, Farmersville, TX, 75442

$408,326 ARVInfo
On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,636 Sq Ft
BusinessBusiness
price_per_sqft$89.38 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringOther

Exterior

Lot Size11,108 sqft

Building Information

Year Built1970
Stories1

Land Information

APNR-1058-011-042A-1
Lot Number42A
SubdivisionHowell Addition (Cfc)
Land UseCommercial
Legal DescriptionHOWELL ADDITION (CFC), BLK 11, LOT 42A
Census Tract031101
Assessed Land Value$69,424
Assessed Improvement Value$92,361
Assessment Year2026

About this property

Prime Commercial Opportunity with Living Quarters – One Block from Historic Downtown Farmersville.Unlock immense potential with this versatile commercial building featuring dedicated living quarters, perfectly situated just one block off historic downtown Farmersville. Located in Collin County consistently recognized as one of the fastest-growing counties in the United States—this property sits directly in the path of rapid appreciation and expansion, just minutes from the booming Dallas-Fort Worth Metroplex. Potential light manufacturing and retail commercial uses, this property offers a rare blank canvas for business owners, investors, or live-work operators. The flexible zoning effortlessly accommodates a wide array of business profiles: Operate a boutique retail shop, artisan studio, or professional office in the front while enjoying the convenience and cost savings of the on-site living quarters. Benefit from the solid slab foundation, durable brick construction, and soaring 11-to-14-foot ceilings perfectly suited for light assembly, custom fabrication, or micro-breweries,.Capitalize on the historic downtown foot traffic by establishing a trendy restaurant, specialty market, or showroom that feeds off Farmersville’s vibrant community charm and famous local farmers' market culture. Property Highlights & InfrastructureThis highly durable 1-story building features full brick walls, a solid concrete slab foundation, and a low-maintenance, long-lasting metal roof. Fully equipped and connected to City Water, City Sewer (sewer tap fee paid), and electricity. The property also features individual gas and water meters, with natural gas and cable readily available. Take advantage of Collin County’s soaring demographics and position your investment just steps from the historic heart of Farmersville.

Investor Tools

$0Estimated Mortgage Balance
$161,785Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$408,326
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Randal Shinn

Farmersville Real Estate Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,054
$161,785
2026
$69,424
$92,361
$161,785
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,054
$161,785

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,785
100%
0%
$0/mo

City: Farmersville

118 N Main St | Property Details | No Agent List