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2301 Texas St
Vernon, TX 76384
Vernon Care Center · Health Care Property For Sale · 23,771 SF

PROPERTY FACTS

Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 1.06 AC
Building Size 23,771 SF
No. Stories 1
Year Built 1952

ABOUT 2301 TEXAS ST , VERNON, TX 76384

Auction:8/7 - 8/9: Absolute Auction Vernon, Texa Property tours are available by appointment ONLY. Please contact Carmina Pena-Mojdehi to schedule at or . Investment Highlights: Absolute Auction 1st Bid meets Reserve! 23,771 SF Former Nursing Home with 90 Beds Owner-Operator Opportunity or Value-Add Through Lease-Up at Market Rates 3 miles from North Texas State Hospital Located in Retail Corridor near Walmart, College, North Texas State Hospital and Kansas border Investment Overview: Absolute Auction Vernon, Texas Assisted Living (the "Property") is a vacant former nursing home located at 2301 Texas Street in Vernon, TX. The Property is 23,771 SF and consists of two connected one-story buildings built in 1952 and situated on 1.06 acres of land. The Property would be ideal for multi-family, nursing home, child care facility, public or charter school, administrative offices, retail or medical facility. This Property offers investors the opportunity to purchase two connected vacant buildings at a significant discount with a HUGE value add opportunity. Vernon, TX is 50 miles northwest of Wichita Falls and approximately 160 to 180 miles from surrounding metropolitan areas including Amarillo, Abilene, Oklahoma City and the Dallas Fort Worth metroplex. Vernon is the county seat of Wilbarger County and serves as the retail and business corridor for this multi-county region of northern Texas. Major businesses and industries in Vernon include a Tyson Foods (formerly Wright Brand Foods) bacon processing plant, a Rhodia, Inc. guar processing plant, North Texas State Hospital, which is operated by the Texas Department of State Health Services (an agency of the Texas Health and Human Services System), Victory Field Correctional Academy (a juvenile detention facility operated by the Texas Youth Commission), and the Texas AgriLife (Texas A&M System) Research and Extension Center. Buyer shall be responsible for all current and delinquent taxes - see due diligence vault for additional information. This absolute auction opportunity gives potential investors the ability to acquire this Property at significant discount with huge value-add potential. Additional Nearby ABSOLUTE AUCTIONS Available: A vacant, 40,880 SF former nursing ho

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5811001
Land Assessment
$17,500
Improvements Assessment
$7,050
Total Assessment
$24,550
  • Listing ID: 7922270

  • Date on Market: 6/30/2017

  • Last Updated:

  • Address: 2301 Texas St, Vernon, TX 76384

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