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$279,000 -$296,000 (-51.48%) Price Reduced
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Property Description
Original Owners sold home on 5 lots in Rhome, TX. Property is now commercially rezoned. Property address is 199 N Main. 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.
Full Property Details
Full Property Details for 199 N Main St
General
- Price: $279,000
- Taxes: $2,739
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21041336
- Updated: 2/12/2026
- Added to Site: 117 day(s) ago
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: 1,370
- Sq. Ft. Source: Appraiser
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.5624
- Lot Size (Sq. Ft.): 24,500
- Lot Size Source: Other
- Lot Dimensions: 35 x 140 x 5
- Potential Use: Food Service
- Zoning: To be zoned as commercial - City council meeting scheduled
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 PT 1 BLK 15 ORIGINAL TOWN RHOME
- Exclusions: There are no exclusions.
- Inclusions: Land & Improvements
- Property ID: 771131
- Block: 15
Listed by Delia M Garcia Realty, Delia Garcia
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Schools
Schools serving 199 N Main 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 199 N Main St
Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$279,000
-51.48%
MLS
11/07/2025
Price Reduced
$575,000
-25.23%
MLS
10/20/2025
Listed
$769,000
—
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 199 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,852
55%
$133,502
1%
2021
$1,838
—
$132,130
36%
2021
$1,838
—
$96,869
17%
2021
$1,838
20%
$82,890
22%
2020
$1,538
1%
$67,810
8%
2018
$1,523
24%
$62,770
23%
2017
$1,232
39%
$51,100
39%
2016
$886
-4%
$36,890
-2%
2015
$924
-38%
$37,540
-43%
2019
$1,481
58%
$65,300
71%
2014
$939
-2%
$38,170
-2%
2013
$955
—
$38,820
—
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 199 N Main St
199 N Main Street, Rhome, TX 76078 (MLS# 21041336) is a Commercial Service property. 199 N Main Street is currently listed for $279,000 and was received on October 20, 2025. Want to learn more about 199 N Main 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.

