506 E Royall Boulevard, Malakoff, TX 75148

$349,999 Asking Price

3 beds
1 bath
1,426  sqft
Built in 1900

Welcome to an unparalleled opportunity in Malakoff, Texas, where prime real estate meets Highway 31. This 0.79-acre commercial property enjoys a strategic location at Cedar Creek Lake, a rural resort destination beloved by second home owners from Dallas. Malakoff is renowned for its serenity and recreation, making it a cherished retreat. With a diverse clientele of local residents and visitors, this location offers high visibility and steady foot traffic. Close proximity to established brands like McDonald's, Whataburger, and Tractor Supply enhances its appeal and potential for success. Whether you're an entrepreneur launching a new venture or an established brand expanding your reach, this property offers a compelling opportunity in Malakoff's thriving market. Click on Virtual Showing for a video tour of the property.


Features & Amenities

Interior

General:
Other
Appliances:
Electric Range
A/C:
true, Central Air
Heating:
Other
Fireplace:
Fireplaces: 0

Exterior

Style:
Traditional,Detached
Pool:
None
Parking:
Open

Construction

Roofing:
Composition
General:
Frame, 1, Stone

Location

Originating MLS:
NTR
School District:
Malakoff ISD
County:
Henderson

Lot

Zoning:
LTS 2, 3, 4A AB 763 T TUTON SUR W C SMITH SUB, 41350002002061

Utilities

Utilities:
Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
NTR
Exclusions:
appliances

This listing courtesy of:
Ebby Halliday, REALTORS, Elizabeth Tyler-Loncar

About Malakoff, TX

Housing

Number of Units
3,532
Median Home Value
$137,541
Median Rent
$525

28.54% of housing units are renter occupied.

24.63% are vacant.

Commute

Car
85.92%
Public Transportation
0.19%
Walk to Work
1.30%
Work from Home
12.12%
Other
0.47%

The median travel time to work is 29 minutes.

People

Population
6,521
Median Age
43.50
Median Household Size
2.63

Education

High School
32.19%
Associate’s Degree
8.86%
Bachelor’s Degree
15.61%
Graduate Degree
5.54%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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