About this home

Discover an extraordinary investment opportunity in the heart of Krum, Texas, with this expansive commercial property designed to meet a variety of needs. Nestled on a generous plot, this versatile multi-family building boasts 20 bedrooms and 10 baths, making it ideal for transformation into a multi-functional office space, self-storage units or a large warehouse. With plenty of space for customization, potential abounds in this prime location. Inside you an interior floorplan that offers ample space. The large living area serves as a great place for the family. Each of the 10 units have of the 2 bedrooms generously sized, providing privacy for everyone . If you're thinking about converting to office spaces, they would accommodate a large conference table with ease. The open kitchen overlooks the living area which could easily be partitioned off for office space as well. The property's exterior offers ample parking that surrounds the building, accommodating staff, guests, or clients with ease, making ingress and egress seamless. Though there is no garage, the abundant parking options serve various needs, whether for vehicles or outdoor gatherings. Situated on 2 + or - acres, this property is prime for a number of uses and offers the flexibiity that you've been looking for. The expansion is this area is moving fast and this could be the opportunity you have been waiting for.

Facts and features

Schools

• Dixie Hansel Elementary School

  elementary · K-5 · 0.4 mi

  6

• Krum High School

  high · 9-12 · 1.2 mi

  5

• Krum Middle School

  middle · 6-8 · 1.3 mi

  6

• Selwyn College Preparatory School

  elementary · PK-12 · 2.6 mi

• Blanche Dodd Intermediate School

  elementary · K-5 · 1.1 mi

  9

• Dyer Elementary School

  elementary · K-5 · 1.9 mi

  5

Price history

• Nov 3, 2026 · Listed$1,200,000
• Dec 4, 2024 · Sold—
• Aug 1, 2024 · Listed$1,450,000
• Oct 31, 2011 · Listing Removed$895,000
• Oct 13, 2010 · Listed$895,000
• Jun 18, 2002 · Sold—

Tax history

• 2025$21,652 tax · $1,060,076 assessed
• 2023$13,612 tax · $674,157 assessed
• 2022$14,450 tax · $630,000 assessed
• 2021$12,372 tax · $562,465 assessed
• 2020$11,958 tax · $539,280 assessed
• 2019$12,029 tax · $531,213 assessed
• 2018$12,133 tax · $502,836 assessed
• 2017$11,606 tax · $478,545 assessed

Home value

$1,549,000

• Collateral Analytics$1,549,000

Where it is