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411 S Kaufman St

6,400 SF Specialty Building Offered at $524,640 CAD in Newton, TX 75966

INVESTMENT HIGHLIGHTS

  • Good location : 9 Rooms and 9 baths
  • Many rooms for offices, hair or nail stations
  • Large Lot to create assigned Parking
  • Common areas including lobby, kitchen, dining, and laundry rooms

EXECUTIVE SUMMARY

The subject property at 411 Kaufman Street, Newton, Texas, is commercial two-story, 6,400-square-foot structure situated on a 0.3287-acre lot. The facility includes nine bedrooms with private baths, a communal family room with a fireplace, a kitchen, dining area, laundry room, and an upper-level wood deck patio. The building, originally constructed in 1952, has undergone significant renovations to enhance its functionality and modern appeal. The surrounding market area consists of a mix of residential, commercial, and special-purpose properties, contributing to stable property values and mild growth trends. Positioned near the central business district of Newton, the property benefits from convenient access and visibility along a main roadway. With its recent renovations and continued demand for transitional healthcare facilities, the property's market value as of January 13, 2023, is estimated at $471,000. Appraisal and survey attached.
Great for hair & nail salon, office or retail...

PROPERTY FACTS

Price $524,640 CAD
Price Per SF $82 CAD
Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • High Vacancy Property
  • REO Sale
Property Type Specialty
Property Subtype
Lodge/Meeting Hall
  • Specialty Correctional Facility
  • Specialty Religious Facility
  • Specialty Sorority Fraternity House
Building Class B
Lot Size 0.33 AC
Building Size 6,400 SF
No. Stories 2
Year Built/Renovated 1952/2022
Opportunity Zone Yes

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23102
Land Assessment
$25,758 CAD
Improvements Assessment
$382,241 CAD
Total Assessment
$407,999 CAD
  • Listing ID: 34777085

  • Date on Market: 2025-02-10

  • Last Updated:

  • Address: 411 S Kaufman St, Newton, TX 75966

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