Tour
$3,266 Closing Credit¹
#20815041, Chi Ngoc Ly, Listing Office: Citiwide Properties Corp.
$319,995 List price
506 E Royall Blvd Malakoff, TX 75148
$3,800
Closing credit¹
3 beds
1 full
1,426 sqft
0.8 acres
$224 / sqft
House
Property details
About 506 E Royall Blvd
Prime Commercial Opportunity in Malakoff, Texas! Strategically located on Highway 31, this 0.79-acre commercial property offers high visibility and excellent accessibility in a growing market. Positioned near Cedar Creek Lake—a popular resort destination attracting second-homeowners from Dallas—this site benefits from consistent local and visitor traffic. Surrounded by major national brands like McDonald's, Whataburger, and Tractor Supply, this property is ideal for retail, dining, or service-oriented businesses looking to capitalize on an established commercial corridor. The motivated seller is willing to carry 20% of the loan, making this a rare and attractive investment opportunity. Whether you’re an entrepreneur seeking the perfect location for a new venture or an established business looking to expand, this property presents unmatched potential in Malakoff’s thriving commercial landscape. Click on Virtual Showing for a video tour of the property.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingCentral Air
Size1,426 sqft
Lot size0.79 Acres
Year built1900
ParkingOpen
MLS #20486725
Virtual tour
Summary
- MLS Number: 20486725
- MLS Name: NTR
- Office Name: Ebby Halliday, REALTORS
- Office Phone: (972) 771-8163
- Listing Agent: Elizabeth Tyler-Loncar
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 4/16/2025, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$319,995
506 E Royall Blvd
$3,800
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $82,853 | $481 |
| 2022 | $142,650 | $883 |
| 2021 | $125,590 | $835 |
| 2020 | $67,080 | $1,158 |
| 2019 | $56,590 | $1,043 |
| 2018 | $54,410 | $1,288 |
| 2017 | $53,630 | $1,235 |
History based on county public records data.
Nearby schools
7
Malakoff Elementary School
Public District PK-5
0.4 mi
•310 N Terry St
5
Cross Roads Elementary School
Public District PK-5
8.6 mi
•14434 FM 59
4
Bel Air Elementary School
Public District PK-5
8.7 mi
•215 Willowbrook Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,539. Residents of Malakoff, TX typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
62%
<35k
32%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
33%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
NASCAR
Hunting
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
$4,928 Closing Credit¹
#20706179, Angela Garcia, Listing Office: KW-Cedar Creek Lake Properties
Tour
$5,225 Closing Credit¹
#20874862, Jared English, Listing Office: Congress Realty, Inc.
Tour
$2,969 Closing Credit¹
#20817827, Buck Gentry, Listing Office: Coldwell Banker American Dream
Tour
$1,188 Closing Credit¹
#20701644, Jennifer Anders, Listing Office: Texas Elite Homes, Land + Prop
Tour
$3,088 Closing Credit¹
#20838819, Todd Russell, Listing Office: KW-Cedar Creek Lake Properties
Tour
#20835459, Thomas Mcnamara, Listing Office: Long Cove Realty, LLC
Tour
#20887809, Thomas Mcnamara, Listing Office: Long Cove Realty, LLC
Frequently asked questions
About 506 E Royall Blvd
This home is located at 506 E Royall Blvd in Malakoff, TX and zip code 75148. This 1,426 square foot home, which was built in 1900, sits on a 0.79 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 1, 2023 and is currently priced at $319,995.
The inventory of homes for sale in Malakoff, TX between February and March 2025 increased by 9.9%. In March 2025 median list price was $427,000 and the average listing age was 108 days.
From Rocket Homes Real Estate and based on county public records data.