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$400,000 Just Listed
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Property Description
Exceptional commercial development opportunity in the heart of Springtown. This vacant C2 Commercial zoned corner lot is strategically positioned at the highly visible intersection of Highway 199 and Highway 51, offering outstanding frontage and direct exposure along Highway 199. Located within Springtown city limits, the property is ideal for a wide range of commercial uses including a coffee shop, gas station, restaurant, retail center, professional office, medical office, automotive service business, and more. With strong traffic counts, excellent accessibility, and prominent visibility from multiple directions, this site provides an outstanding location for businesses seeking maximum exposure. Surrounded by continued residential and commercial growth, the property presents tremendous potential for investors, developers, and owner-users looking to capitalize on one of Springtown's busiest commercial corridors. Rare opportunity to develop a premier commercial site in a rapidly expanding market.
Full Property Details
Full Property Details for 116 E Hwy 199
General
- Price: $400,000
- Taxes: $2,289
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21286579
- Updated: 5/31/2026
- Added to Site: 3 day(s) ago
Location
- County: Parker
- Subdivision: Leonard Mary Survey
- Driving Directions: North east Corner of hwy 199 and hwy 51 in springtown. Sign on property.
School Information
- Elem School District: Springtown ISD
- Midd School District: Springtown ISD
- High School District: Springtown ISD
- Elementary School: Springtown
- Middle School: Springtown
- High School: Springtown
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.831
- Lot Size (Sq. Ft.): 36,198.36
- Lot Size Source: Assessor
- Frontage: Highway
- Lot Features: Irregular Lot, Subdivided, City Lot
- Development Status: Streets Installed, Zoned
- Zoning: Commercial C2
Financial Considerations
- Tax Amount: $2,289
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 0.250 ABST: 822 SURVEY: LEONARD MARY T
- Property ID: R000046163
Listed by Chase Realty DFW, Chase Hall
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Schools
Schools serving 116 E Hwy 199
School District:Springtown Independent School District
| Name | Grades | Distance |
|---|---|---|
Springtown Elementary School 416 East 3rd Street, Springtown, TX 76082 | PK-4 | 0.4 mi |
Springtown Middle School 500 Pojo Road, Springtown, TX 76082 | 7-8 | 1.3 mi |
Springtown High School 915 West Highway 199, Springtown, TX 76082 | 9-12 | 0.9 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 116 E Hwy 199
Date
Details
Price
Change
Source
5/31/2026
Listed
$400,000
—
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 116 E Hwy 199
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,240
2%
$108,900
—
2024
$2,186
—
$108,900
—
2023
$2,186
77%
$108,900
100%
2022
$1,236
-1%
$54,450
—
2021
$1,251
70%
$54,450
85%
2020
$735
-6%
$29,400
—
2018
$782
—
$29,400
—
2017
$785
-5%
$29,400
—
2016
$824
1%
$29,400
—
2015
$812
11%
$29,400
—
2019
$732
-12%
$29,400
—
2013
$831
—
$29,400
—
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 116 E Hwy 199
116 E Highway 199, Springtown, TX 76082 (MLS# 21286579) is a Lots/Land property with a lot size of 0.831 acres. 116 E Highway 199 is currently listed for $400,000 and was received on May 31, 2026. Want to learn more about 116 E Highway 199? Do you have questions about finding other Lots/Land real estate for sale in Springtown? You can browse all Springtown real estate or contact a Coldwell Banker agent to request more information.

