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Property Description
INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 7.00% 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 7% 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.
Full Property Details
Full Property Details for 1011 W Grove St
General
- Price: $1,350,000
- Taxes: $27,312
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21211063
- Updated: 3/26/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Administrative and Support, Health Services
Interior
- Flooring: Carpet, Ceramic Tile
Additional Information
- Security/Safety: Security System, Smoke Detector(s)
Parking
- Parking Features: Common, Concrete, Driveway
Location
- County: Kaufman
- Subdivision: Kaufman Medical Plaza Add
- Driving Directions: East on 175, to 243 Ed Hall Drive right on West Grove Street, left on West Grove Street
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Rock, Stone, Stucco
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 6,786
- Sq. Ft. Source: Assessor
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.456
- Lot Size (Sq. Ft.): 19,863.36
- Lot Size Source: Assessor
- Frontage: City Street
- Topography: Level
- Lot Features: Landscaped, Level, Few Trees, Flat
- Potential Use: Medical/Dental, Office
- Zoning: Commercial
Financial Considerations
- Tax Amount: $27,312
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: Insurance, Taxes
- Tenant Pays: All Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Insurance, Janitorial Service, Pest Control, Security, Trash Collection, Water
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: KAUFMAN MEDICAL PLAZA ADD LOT 1
- Exclusions: Tenant's items and equipment
- Inclusions: Building Only, Land & Improvements
- Property ID: 71778
- Lot Number: 1
Listed by RE/MAX Dallas Suburbs PM, Suzanne Athey
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Schools
Schools serving 1011 W Grove St
School District:Kaufman Independent School District
| Name | Grades | Distance |
|---|---|---|
Lucille Nash Elementary School 1002 South Houston Street, Kaufman, TX 75142 | 1-5 | 0.5 mi |
Helen Edward Early Childhood Cente 1605 Rand Road, Kaufman, TX 75142 | PK-K | 1.5 mi |
Norman J High School 3701 South Houston Street, Kaufman, TX 75142 | 6-8 | 1.7 mi |
Kaufman High School 3205 South Houston Street, Kaufman, TX 75142 | 9-12 | 1.6 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 1011 W Grove St
Date
Details
Price
Change
Source
3/25/2026
Listed
$1,350,000
—
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 1011 W Grove St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,764
12%
$1,074,000
20%
2023
$20,358
—
$895,000
4%
2023
$20,358
16%
$860,000
26%
2022
$17,476
-15%
$680,000
-11%
2021
$20,483
3%
$762,939
5%
2020
$19,958
27%
$725,000
46%
2018
$15,763
1%
$496,330
1%
2017
$15,577
5%
$490,370
—
2016
$14,866
6%
$490,370
—
2015
$14,051
-35%
$490,370
-32%
2019
$21,551
69%
$725,000
48%
2013
$12,774
—
$490,370
—
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 1011 W Grove St
1011 W Grove Street, Kaufman, TX 75142 (MLS# 21211063) is a Commercial Service property. 1011 W Grove Street is currently listed for $1,350,000 and was received on March 25, 2026. Want to learn more about 1011 W Grove Street? Do you have questions about finding other Commercial Service real estate for sale in Kaufman? You can browse all Kaufman real estate or contact a Coldwell Banker agent to request more information.

