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$325,000 Just Listed
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Property Description
Prime Commercial Opportunity with Living Quarters - One Block from Historic Downtown Farmersville.Unlock immense potential with this versatile commercial building featuring dedicated living quarters, perfectly situated just one block off historic downtown Farmersville. Located in Collin County consistently recognized as one of the fastest-growing counties in the United States-this property sits directly in the path of rapid appreciation and expansion, just minutes from the booming Dallas-Fort Worth Metroplex. Potential light manufacturing and retail commercial uses, this property offers a rare blank canvas for business owners, investors, or live-work operators. The flexible zoning effortlessly accommodates a wide array of business profiles: Operate a boutique retail shop, artisan studio, or professional office in the front while enjoying the convenience and cost savings of the on-site living quarters. Benefit from the solid slab foundation, durable brick construction, and soaring 11-to-14-foot ceilings perfectly suited for light assembly, custom fabrication, or micro-breweries,.Capitalize on the historic downtown foot traffic by establishing a trendy restaurant, specialty market, or showroom that feeds off Farmersville's vibrant community charm and famous local farmers' market culture. Property Highlights & InfrastructureThis highly durable 1-story building features full brick walls, a solid concrete slab foundation, and a low-maintenance, long-lasting metal roof. Fully equipped and connected to City Water, City Sewer (sewer tap fee paid), and electricity. The property also features individual gas and water meters, with natural gas and cable readily available. Take advantage of Collin County's soaring demographics and position your investment just steps from the historic heart of Farmersville.
Full Property Details
Full Property Details for 118 N Main St
General
- Price: $325,000
- Taxes: $3,512
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21406495
- Updated: Today (10/8/2026)
- Added to Site: Today
Business
- Business Type: Other
Interior
- Flooring: Other
Parking
- Parking Features: Additional Parking, Alley Access, Covered
Location
- County: Collin
- Subdivision: Howell Add
- Driving Directions: From McKinney Hwy 380 E to hwy 78 in Farmersville. N on Hwy 78 Rt on McKinney St. to N.Main St. Lt on Main St. drive past College St. Property on Rt. SIY
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 3,636
- Sq. Ft. Source: Assessor
- Year Built: 1970
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.255
- Lot Size (Sq. Ft.): 11,107.8
- Lot Size Source: Assessor
- Topography: Level
- Lot Features: Interior Lot, Level
- Potential Use: Other
- Zoning: Special Use Permit
Green Features
- Energy Efficient: Insulation
Financial Considerations
- Tax Amount: $3,512
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: None
- Tenant Pays: None
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: HOWELL ADDITION (CFC), BLK 11, LOT 42A
- Inclusions: Land & Improvements
- Property ID: R1058011042A1
- Block: 11
- Lot Number: 42A
Listed by Farmersville Real Estate Company, Randal Shinn
Get Pre-Approved Today
Schools
Schools serving 118 N Main St
School District:Farmersville Independent School District
| Name | Grades | Distance |
|---|---|---|
Tatum Elementary School 405 North Washington Street, Farmersville, TX 75442 | PK-1 | 0.3 mi |
Farmersville Intermediate School 807 North Main Street, Farmersville, TX 75442 | 2-5 | 0.7 mi |
Farmersville J High School 501 South State Highway 78, Farmersville, TX 75442 | 6-8 | 0.8 mi |
Farmersville High School 499 South State Highway 78, Farmersville, TX 75442 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 N Main St
Date
Details
Price
Change
Source
10/08/2026
Listed
$325,000
—
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 118 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,875
5%
$140,695
5%
2023
$2,727
-2%
$133,906
4%
2022
$2,779
—
$128,350
3%
2022
$2,779
3%
$124,354
6%
2021
$2,707
10%
$116,966
1%
2020
$2,452
-4%
$116,257
1%
2019
$2,545
-5%
$114,877
—
2018
$2,677
4%
$114,786
6%
2017
$2,572
3%
$108,411
7%
2016
$2,506
-1%
$101,570
4%
2015
$2,533
—
$97,608
-2%
2014
$2,530
4%
$99,861
-1%
2013
$2,444
—
$101,044
—
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 118 N Main St
118 N Main Street, Farmersville, TX 75442 (MLS# 21406495) is a Business property. 118 N Main Street is currently listed for $325,000 and was received on October 08, 2026. Want to learn more about 118 N Main Street? Do you have questions about finding other Business real estate for sale in Farmersville? You can browse all Farmersville real estate or contact a Coldwell Banker agent to request more information.

