About This Home

This 0-bedroom, 0-bathroom commercial at 316 W Lennon in Emory, TX is listed for $198,000. Built in 1980, on a 0.22 acres lot.

Key Features

  • Built in 1980
  • 0.22 acre lot

Property Details

1 story
1980
Listing 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 o

r 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.

Monthly Cost Estimate

$1,059/mo

20% down · 6.5% · 30 years

Principal$143
Interest$858
Insurance$58

Estimates only. Actual payments may vary.

Location

316 W Lennon

Emory, TX 75440

Property Details

Flooring

Concrete

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 316 W Lennon is listed at $198,000. The estimated monthly payment is $1,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.22 acre lot.

This property is listed by Genevieve Golden and can be reached at 903-206-2586.

GG

Genevieve Golden

Agent at Golden Realty Group LLC

(903) 206-2586

Listed by Golden Realty Group LLC · Broker phone: 903-206-2586 · View on Broker Site

MLS# 21231066· Source: North Texas Real Estate Information Systems, Inc.· 168 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 W Lennon, Emory, TX 75440

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