1011 W Grove Street, Kaufman, TX 75142
Kaufman Medical Plaza Add · Kaufman County
Key Facts
Description
INVESTMENT OPPORTUNITY: 1031 EXCHANGE ELIGIBLE! Fully Leased Medical Office Building in Kaufman, TX. 8.5% Cap Rate - Occupancy: 100% - Location: DFW Metroplex (East) A rare opportunity to acquire a stabilized, high-yield medical asset located in the second fastest-growing county in the United States. This property features a diversified medical tenant mix with long-term sticky leases, providing immediate cash flow and a hedge against market volatility. As the Dallas-Fort Worth metroplex continues its aggressive eastward expansion, this asset is positioned for significant long-term capital appreciation. Investment Highlights: -Superior Yield: At a 8.5% Cap Rate, this asset outperforms typical DFW medical office trades, which currently average 5.5%–6.25%. 100% Occupied: Zero near-term vacancy risk with a curated mix of healthcare providers essential to the local community. -Explosive Market Growth: Kaufman County has seen a 36% population increase since 2020. It is currently maintaining a growth rate nearly 10x the national average. -Strategic Location: Path of Progress: Located in the heart of the Kaufman medical corridor, benefiting from massive regional infrastructure improvements, including the $129M US-175 interchange expansion. Kaufman is no longer a rural outpost; it is a primary suburban hub. With the population of Kaufman County projected to surpass 220,000 this year, the demand for outpatient services is outstripping supply. -Recession-Proof Asset Class: Medical tenants have a historical retention rate of over 85% and are largely immune to e-commerce and remote-work trends. -New Infrastructure: Proximity to major logistics and cold-storage developments (like the 121,000 SF project on SH-34) is driving high-income medical professional relocation to the area. -Limited Supply: New medical construction costs in Texas have risen to $350–$800 SF, making existing stabilized assets like this one a high-value basis play for investors.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
2004
Stories
2
Living Area
6,786 sq ft
Lot Size
0.46 acres
Days on Market
98
MLS® Listing#
21211063
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$27,312
Parcel Number
71778
Directions
East on 175, to 243 Ed Hall Drive right on West Grove Street, left on West Grove Street
Affordability Calculator
$240,000
Estimated monthly payment
$6,387/mo
Principal $960,000 · Est. interest $1,339,285 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kaufman, TX
- $367,273
- Median Listing Price
- 66
- Median Days on Market
- 1,958
- Median Sq Ft
- $182
- Median Price / Sq Ft
- 110
- Active Listings
- This home’s price is 227% above the area median.
- Its price per sq ft is 3% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kaufman, TX.
Location
Points of Interest in Kaufman, TX
Showing the Kaufman area map.
Nearby Schools
Kaufman Christian School
School · 0.3 mi away
Pyle High School
Secondary · 0.4 mi away
Lucille Nash Intermediate
Secondary · 0.5 mi away
Kaufman Public Schools Office
School · 0.5 mi away
Kaufman Isd
School · 0.5 mi away
Legacy High School
Secondary · 0.6 mi away
Monday Primary School
Elementary · 0.7 mi away
Phillips Elementary
Elementary · 1.0 mi away
Helen Edwards Early Childhood Center
School · 1.3 mi away
Gary W. Campbell High School
Secondary · 1.7 mi away
O P Norman Junior H S
Secondary · 1.7 mi away
Kaufman Public Schools
Secondary · 1.7 mi away
Kaufman High School
Secondary · 1.7 mi away
Scurry Rosser Elementary
Elementary · 6.5 mi away
Scurry-Rosser H S
Secondary · 6.6 mi away
Crandall Independent School District
Elementary · 8.5 mi away
Scurry Rosser M S
Secondary · 8.5 mi away
Scurry-Rosser Isd
School · 8.5 mi away
Crandall Isd
School · 8.6 mi away
Crandall High School
Secondary · 8.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| TBD Tx-34 & Washington, Kaufman, TX | $899,900 | — | — | — |
| 3331 Tx-243, Kaufman, TX | $899,999 | — | — | — |
| 6655 County Road 118, Kaufman, TX | $900,000 | 3 | 3 | 1,833 |
| 1814 County Road 121, Kaufman, TX | $975,000 | 6 | 5 | 4,149 |
| 11101 County Road 104, Kaufman, TX | $1,050,000 | 4 | 3 | 4,080 |
| 11101 County Road 104, Kaufman, TX | $1,050,000 | 4 | — | 4,080 |
Moving Cost Estimate
EXIT Agents in Kaufman
Listing Courtesy: RE/MAX Dallas Suburbs PM - 469-916-1222
Presented by: Suzanne Athey
Last Updated: 2026-03-25