Loraine TX Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.29 Acres
Year built:
1960
Baths:
MLS#:
50048000
Subdivision:
T And P

ADDITIONAL INFORMATION

Investor Special! Previously a nursing home, but the building has lots of potential sitting on a large lot that stretches a full block, with plenty of parking in the front. Two separate wings with rooms on each wing, large kitchen with some equipment and separate laundry room behind the building. Use the rooms separately as an Airbnb, office space, storage units, or use the building as a whole for an event center! Possibilities are endless, and seller is motivated.

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Andrea Conner License # 521381 Xome Inc. License # 9002330 [email protected] 844-400-XOME (9663) 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Copyright © 2024 Permian Basin Board of Realtors. All rights reserved.



Loraine Real Estate

The median home value in Loraine, TX is $80,600. This is equal to the county median home value of $80,600. The national median home value is $338,100. The average price of homes sold in Loraine, TX is $80,600. Approximately 45.13% of Loraine homes are owned, compared to 14.6% rented, while 40.27% are vacant. Loraine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Loraine real estate agent to arrange a tour today!

Loraine, Texas has a population of 588. Loraine is more family-centric than the surrounding county with 63.95% of the households containing married families with children. The county average for households married with children is 26.92%.

The median household income in Loraine, Texas is $48,750. The median household income for the surrounding county is $50,144 compared to the national median of $69,021. The median age of people living in Loraine is 36.3 years.

Loraine Weather

The average high temperature in July is 94.5 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 21.8 inches per year, with 2.3 inches of snow per year.

Loraine Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    8
    30-day change

Loraine Schools and Demographics

Education near Loraine, TX

Metric City County
High School Graduates 83.9 82.25
College Degree - 2 year 5.37 6.85
College Degree - 4 year 3.11 9.93
Graduate Degree 0 1.35
Expenditures per Student 15,025 15,025
Students per Teacher 12.7 12.7

Elementary Schools near Loraine, TX

School Grades Students P/T Ratio ZIP
Hutchinson Elementary School 03 - 05 206 12 79512
Kelley Elementary School PK - 02 326 16 79512
Roscoe Elementary School PK - 06 372 18.5 79545

Middle Schools near Loraine, TX

School Grades Students P/T Ratio ZIP
Colorado Middle School 06 - 08 199 8.7 79512

High Schools near Loraine, TX

School Grades Students P/T Ratio ZIP
Colorado High School 09 - 12 284 11.9 79512
Roscoe Collegiate High School 07 - 12 208 10.9 79545

Ungraded Schools near Loraine, TX

School Grades Students P/T Ratio ZIP
* Wallace Accelerated H S 09 - 12 30 79512
* Wallace Accelerated High School 09 - 12 16 5.3 79512
Hermleigh School PK - 12 236 11.1 79526
Highland School PK - 12 215 10.7 79545
Loraine School PK - 12 168 9.3 79532
Wallace H S 05 - 10 3 79512

Demographics near Loraine, TX

Metric City County
Neighborhood Type Small Town
Population 588 8,903
Population Density 566 10
Median Age 36.3 32.9
People per Household 4.4 3.2
Median Household Income 48,750 50,144
Average Income per Capita 20,205 21,765