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$487,000 Just Listed
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Property Description
Updated price reflect 5 commercial lots as 199 N Main St zoned for retail. Property has surveys, appraisal as of January 22, 2026, and new plat map. Please see Dashboard for supplements. Seller is builder and is offering to raze and build out new construction leveraging appraisal value for new construction bridge loan with financial lender. New Buyer may then acquire a Seller Finance for 2 years and then purchase with private finance or Seller will carry with a commercial lease for 3 to 5 years with new building. New Buyer may also contract for new construction and purchase for ownership. Property is zoned for retail space. Bring your business dreams and plans to secure Main street development in the growing community of Rhome, TX. Seller will also consider selling property and subdivide land with a Buyer's offer.
Full Property Details
Full Property Details for 175 W 2nd St
General
- Price: $487,000
- Taxes: $2,739
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21269968
- Updated: 5/13/2026
- Added to Site: Today
Business
- Business Type: Accounting, Administrative and Support, Advertising
Interior
- Flooring: Combination, Ceramic Tile
Parking
- Parking Features: Additional Parking
Location
- County: Wise
- Subdivision: Original Town Rhome
- Driving Directions: From Dallas, TX Take Hwy 183 W to 287N toward Rhome, TX. Merge onto Hwy 81N to merge into Main St.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available
Structural Information
- Detached/Attached: Detached
- Construction: Board & Batten Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 3,220
- Sq. Ft. Source: Appraiser
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.5624
- Lot Size (Sq. Ft.): 24,500
- Lot Size Source: Appraiser
- Lot Dimensions: 35 x 140 x 5
- Potential Use: Food Service
- Zoning: Commercial Retail
Financial Considerations
- Tax Amount: $2,739
- Terms: Cash, Conventional, Contract, Lease Purchase, Owner Will Carry, Other
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: LOT 4 & 5 PT 1 BLK 15 ORIGINAL TOWN RHOME
- Exclusions: There are no exclusions.
- Inclusions: Business, Land & Improvements
- Property ID: 771131
- Block: 15
- Lot Number: 4&5
Listed by Delia M Garcia Realty, Delia Garcia
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Schools
Schools serving 175 W 2nd St
School District:Northwest Independent School District
| Name | Grades | Distance |
|---|---|---|
Prairie View Elementary School 609 Fm 3433, Rhome, TX 76078 | PK-5 | 1.8 mi |
Chisholm Trail Middle School 583 Fm 3433, Rhome, TX 76078 | 6-8 | 1.7 mi |
Northwest High School 2301 Texan Drive, Justin, TX 76247 | 9-12 | 9.4 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 175 W 2nd St
Date
Details
Price
Change
Source
5/13/2026
Listed
$487,000
—
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 175 W 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$991
113%
$52,500
—
2021
$466
—
$52,500
150%
2021
$466
-2%
$21,000
—
2020
$476
87%
$21,000
100%
2018
$255
1%
$10,500
—
2017
$253
-47%
$10,500
-50%
2019
$476
89%
$21,000
100%
2016
$252
-2%
$10,500
—
2015
$258
—
$10,500
—
2014
$258
—
$10,500
—
2013
$258
—
$10,500
—
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 175 W 2nd St
175 W Second Street, Rhome, TX 76078 (MLS# 21269968) is a Commercial Service property. 175 W Second Street is currently listed for $487,000 and was received on May 13, 2026. Want to learn more about 175 W Second Street? Do you have questions about finding other Commercial Service real estate for sale in Rhome? You can browse all Rhome real estate or contact a Coldwell Banker agent to request more information.

