506 E Royall Blvd Malakoff, TX 75148
Estimated payment $693/month
Highlights
- No HOA
- Cooling Available
- Heating Available
About This Home
Prime Highway 31 Frontage — Commercial Opportunity in Malakoff! Position your business for success with this high-visibility .25+- acre lot located directly on Highway 31, one of Malakoff's busiest thoroughfares. This property offers exceptional exposure and accessibility—perfect for a small business, retail venture, office space, or investment project. The lot's high-traffic location ensures steady visibility for signage and customer access, while its level terrain and open layout provide flexibility for building and parking design. Situated within city limits and surrounded by both residential and commercial development, the property offers the ideal blend of convenience and opportunity. Located along a key East Texas corridor serving Cedar Creek Lake communities and 2 mins from Historic Downtown Malakoff, 15 mins from Athens, 30 mins from Corsicana and access to I-45 this property offers strong visibility, steady traffic, and a flexible path to value creation for both owner-users and investors. Whether you envision a drive-thru, retail strip, storage facility, medical office, or rental homes, this site's zoning, lot division, and existing utilities give you a head start. Additional lots available.
Listing Agent
Ebby Halliday Realtors - Rockwall License #TREC # 0461111 Listed on: 10/25/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
Parking
- Carport
Home Design
- 1,426 Sq Ft Home
- Brick Exterior Construction
- Combination Foundation
- Metal Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Malakoff Subdivision
Listing and Financial Details
- Assessor Parcel Number 4135.0002.0020.61
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $460 | $100,252 | -- | -- |
| 2024 | $460 | $91,138 | $3,000 | $107,910 |
| 2023 | $481 | $82,853 | $3,000 | $91,847 |
| 2022 | $884 | $142,650 | $65,340 | $77,310 |
| 2021 | $1,459 | $125,590 | $65,340 | $60,250 |
| 2020 | $1,159 | $67,080 | $15,030 | $52,050 |
| 2019 | $1,340 | $56,590 | $15,030 | $41,560 |
| 2018 | $1,253 | $54,410 | $15,030 | $39,380 |
| 2017 | $1,235 | $53,630 | $15,030 | $38,600 |
| 2016 | $1,235 | $53,630 | $15,030 | $38,600 |
| 2015 | $917 | $53,630 | $15,030 | $38,600 |
| 2014 | $1,146 | $53,630 | $15,030 | $38,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2025 10/25/25 | For Sale | $125,000 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Henderson County Board of REALTORS®
MLS Number: 109875
APN: 4135-0002-0020-61
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