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585 State Highway 36, Caldwell, TX 77836

$550,000

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List Price: $550,000
Status: ACTIVE
MLS#: 9077698
Days on Market: 261
Lot Size: 9,178
Area: Milam/Lee, Other

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Property Description

Prime investment opportunity in the city of Caldwell, TX! This +/- 1.59-acre corner property is strategically located at the intersection of HWY 36 N and Sunny Street, just minutes from the major HWY 21 and HWY 36 intersection. The property features two income-producing structures, offering immediate cash flow and long-term upside potential. Improvements include a 2-bedroom, 1-bath residential home and an approximately 2,000 SF commercial shop with direct frontage along HWY 36. Both structures are currently utilized as income-producing properties. With strong visibility and accessibility, this location offers outstanding potential for a variety of commercial ventures while maintaining residential rental income. The HWY 21/HWY 36 intersection sees a recorded annual average daily traffic count of 33,566, providing excellent exposure for business operations. Utilities are provided by the City of Caldwell, including water, sewer, and single-phase electricity. Conveniently located approximately 83 miles to Austin, 107 miles to Houston, 142 miles to San Antonio, and 193 miles to Dallas. Ideal opportunity for investors, owner-operators, or those seeking mixed-use potential in a high-visibility corridor.

512-269-5087

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Additional Information

Taxes: $643
Tax Year: 2025
Year Built: 1972
Parking Spaces: 10
Construction: Brick, Concrete
Region: Milam/Lee, Other
Sewer: Public Sewer
Street Name: State Highway 36
Street Number: 585
Neighborhood: Lewis Add
Water: Public
Acres: 0.21
County: Burleson