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$550,000 Just Listed
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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.
Full Property Details
Full Property Details for 585 State Hwy 36 N
General
- Price: $550,000
- Taxes: $643 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 9077698
- Updated: 2/23/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease Info: See Remarks
Additional Information
- Equipment: None
Parking
- Total Spaces: 10
- Parking Features: Guest, On Site, Open
Location
- Area: Out of Area
- County: Burleson
- Subdivision: Lewis Add
- Driving Directions: From BCS: Take Hwy 21 toward Caldwell At the Hwy 21 and Hwy 36 intersection, turn right onto Hwy 36. Continue on Hwy 36 about 1/2 a mile. Property will be on left, past the Walmart.
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Brick, Concrete
- Square Feet: 2,000
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Commercial
- Year Built: 1972
- Property Condition: See Remarks
Additional Structures
- Other Structures: Residence
Lot Features
- Lot Size (Acres): 0.2107
- Lot Size (Sq. Ft.): 9,178.09
- Lot Size Source: Appraiser
Financial Considerations
- Assessment Amount: $37,537
- Tax Amount: $643.28
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: Aerial
- Legal Description: S1580 LEWIS ADDITION BLK 7 LOT 5-6, .2107 ACRES
- Disclosures/Reports: None
- Property ID: 17632
- Block: 7
- Lot Number: 5
Listed by Armstrong Properties
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Schools
Schools serving 585 State Hwy 36 N
School District:Caldwell Independent School District
| Name | Grades | Distance |
|---|---|---|
Caldwell Elementary School, Caldwell, TX 611 West Alligator Street, Caldwell, TX 77836 | PK-3 | 0.7 mi |
Caldwell Intermediate School 763 County Road 300, Caldwell, TX 77836 | 4-6 | 1.5 mi |
Caldwell Middle School 765 County Road 300, Caldwell, TX 77836 | 7-8 | 1.5 mi |
Caldwell High School 550 County Road 307, Caldwell, TX 77836 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 585 State Hwy 36 N
Date
Details
Price
Change
Source
2/23/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 585 State Hwy 36 N
Year
Property Taxes
Change
Tax Assessment
Change
2022
$427
—
$14,391
-51%
2022
$427
—
$29,251
41%
2022
$427
100%
$20,709
-44%
2021
—
$36,855
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 585 State Hwy 36 N
585 State Highway 36 N, Caldwell, TX 77836 (MLS# 9077698) is a Commercial property. 585 State Highway 36 N is currently listed for $550,000 and was received on February 23, 2026. Want to learn more about 585 State Highway 36 N? Do you have questions about finding other Commercial real estate for sale in Caldwell? You can browse all Caldwell real estate or contact a Coldwell Banker agent to request more information.

