316 W Lennon, Emory, TX 75440
None · Rains County
Key Facts
Description
Prime Highway Frontage Car Wash – Undervalued Opportunity with Serious Upside Opportunities like this don’t come around often—not because of what it is today, but because of what it can become. Positioned on valuable highway frontage, this 3-bay self-serve car wash with vacuum stations offers immediate income. Currently operating as a modest, steady producer, this property is best viewed through an investor’s lens. The real value is in the land. High-visibility highway frontage is becoming increasingly scarce, and national car wash operators prioritize sites just like this when expanding. This puts you in a powerful position to hold and collect income while values rise, enhance and increase revenue with strategic upgrades, or position for a future resale to a larger operator needing highway presence. This is where things get exciting. A buyer with vision could add a drive-through express tunnel wash, implement a monthly membership or subscription model, upgrade equipment for higher pricing power, and expand services to capture more traffic and repeat customers. With relatively straightforward improvements, this property could transition from a small income producer into a high-performing asset. From an investment standpoint, the options are clear: buy and hold while land appreciation does the heavy lifting, improve and scale using modern car wash trends, or land bank a premium highway location before inventory disappears. This isn’t just a car wash—it’s a strategic piece of real estate with built-in income and major upside potential. Whether you’re looking to grow your portfolio, break into the car wash space, or secure a future redevelopment play, this property checks the boxes. Buy the land, collect the income, and create the upside.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1980
Stories
1
Living Area
1,260 sq ft
Lot Size
0.22 acres
Days on Market
98
MLS® Listing#
21231066
Property Features
- Cooling:
- None
- Heating:
- None
- Flooring:
- Concrete
- Parking:
- Asphalt
- Construction:
- Other
- Foundation:
- Slab
- Roof:
- Metal
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $1,873
- Parcel #:
- R20479
Directions
On HWY 69 - GPS will take you there - Roy's Car wash
Affordability Calculator
$40,000
Estimated monthly payment
$1,064/mo
Principal $160,000 · Est. interest $223,214 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Emory, TX
- $513,333
- Median Listing Price
- 87
- Median Days on Market
- 1,982
- Median Sq Ft
- $237
- Median Price / Sq Ft
- 81
- Active Listings
- This home’s price is 61% below the area median.
- Its price per sq ft is 33% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Emory, TX.
Location
- 316 W Lennon, Emory, TX 75440
Nearby Schools
Rains Isd
Secondary · 1.6 mi away
Rains Elementary School
Elementary · 1.6 mi away
Cedar Point Biological Station
School · 9.3 mi away
Miller Grove Isd
School · 10.3 mi away
Yantis School
Secondary · 11.8 mi away
Lone Oak High School
Secondary · 12.2 mi away
Lone Oak Middle School
Secondary · 12.2 mi away
Lone Oak Elementary
Elementary · 12.4 mi away
College Street Campus
Primary School · 13.2 mi away
Fruitvale High School
Secondary · 13.2 mi away
Alba Golden Isd
Secondary · 13.3 mi away
Alba-Golden Elementary
Elementary · 13.3 mi away
Hallie Randall Elementary
Elementary · 13.4 mi away
Grand Saline High School
Secondary · 13.5 mi away
Grand Saline Middle School
Secondary · 13.5 mi away
Grand Saline H S
Secondary · 13.6 mi away
Grand Saline Intermediate School
School · 13.6 mi away
Grand Saline Elementary School
Elementary · 13.6 mi away
Edgewood Independent School District
School · 13.8 mi away
Edgewood Elementary School
Elementary · 14.1 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Emory
Listing Courtesy: Golden Realty Group LLC - 903-206-2586
Presented by: Genevieve Golden
Last Updated: 2026-04-07