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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1011 W Grove St , Kaufman, TX 75142
$1,200,000
Est. Payment: $6,178.12/mo
0 Bed
0 Bath
6786 Sqft
Status: active with contingency | Days on site: 152
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 8.5% Cap Rate - Occupancy: 100% - Location: DFW Metroplex (East) A rare opportunity to acquire a stabilized, high-yield medical asset located in the second fastest-growing county in the United States. This property features a diversified medical tenant mix with long-term sticky leases, providing immediate cash flow and a hedge against market volatility. As the Dallas-Fort Worth metroplex continues its aggressive eastward expansion, this asset is positioned for significant long-term capital appreciation. Investment Highlights: -Superior Yield: At a 8.5% Cap Rate, this asset outperforms typical DFW medical office trades, which currently average 5.5%–6.25%. 100% Occupied: Zero near-term vacancy risk with a curated mix of healthcare providers essential to the local community. -Explosive Market Growth: Kaufman County has seen a 36% population increase since 2020. It is currently maintaining a growth rate nearly 10x the national average. -Strategic Location: Path of Progress: Located in the heart of the Kaufman medical corridor, benefiting from massive regional infrastructure improvements, including the $129M US-175 interchange expansion. Kaufman is no longer a rural outpost; it is a primary suburban hub. With the population of Kaufman County projected to surpass 220,000 this year, the demand for outpatient services is outstripping supply. -Recession-Proof Asset Class: Medical tenants have a historical retention rate of over 85% and are largely immune to e-commerce and remote-work trends. -New Infrastructure: Proximity to major logistics and cold-storage developments (like the 121,000 SF project on SH-34) is driving high-income medical professional relocation to the area. -Limited Supply: New medical construction costs in Texas have risen to $350–$800 SF, making existing stabilized assets like this one a high-value basis play for investors.

Highlights

Listed by Suzanne Athey , RE/MAX Dallas Suburbs PM , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.46

Year Built

2004

County

Kaufman

Neighborhood

Kaufman Medical Plaza Add

Listing ID

21211063

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Ceramic Tile

Exterior Features

Lot:Few Trees,Landscaped,Level,Less Than .5 Acre (not Zero)
Zoning:Commercial
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:Common,Concrete,Driveway
Principal Interest
$6,178
Taxes
$2,276

Home Price

$1,200,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,178.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,178.12 $2,276.00 $0.00 $8,454.12
Yearly $74,137.45 $27,312.00 $0.00 $101,449.45
Total $2,224,123.61 $819,360.00 $0.00 $3,043,483.61

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Kaufman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems