Discover an extraordinary investment opportunity in the heart of Krum, Texas, with this expansive commercial property designed to meet a variety of needs. Nestled on a generous plot, this versatile multi-family building boasts 20 bedrooms and 10 baths, making it ideal for transformation into a multi-functional office space, self-storage units or a large warehouse. With plenty of space for customization, potential abounds in this prime location. Inside you an interior floorplan that offers ample space. The large living area serves as a great place for the family. Each of the 10 units have of the 2 bedrooms generously sized, providing privacy for everyone . If you're thinking about converting to office spaces, they would accommodate a large conference table with ease. The open kitchen overlooks the living area which could easily be partitioned off for office space as well. The property's exterior offers ample parking that surrounds the building, accommodating staff, guests, or clients with ease, making ingress and egress seamless. Though there is no garage, the abundant parking options serve various needs, whether for vehicles or outdoor gatherings. Situated on 2 + or - acres, this property is prime for a number of uses and offers the flexibiity that you've been looking for. The expansion is this area is moving fast and this could be the opportunity you have been waiting for.
Multi-familyProperty Type
1998Year Built
2.18 acresLot Size
$100Price/Sq.Ft.
24 spacesParking
Listed by Jodi Kerby• Coldwell Banker Apex, REALTORS
Listed by Lisa Henry-Weaver• Coldwell Banker Apex, REALTORS
Incredible Investment Opportunity! 10 unit apartment complex in Krum TX. Fully leased with room to increase rates to market rate. Additional acreage to develop further. 8.7% CAP rate, call today for more information!
Public Records
Jul 7, 2022
Sold
*
Public Records
Jul 7, 2022
Sold
*
Public Records
Jun 30, 2022
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$21,652 (+54.7%)
$474,805 + $585,271
$1,060,076
2024
$13,999 (+2.8%)
$474,805 + $219,881
$694,686
2023
$13,612 (−5.8%)
$474,805 + $199,352
$674,157
2022
$14,451 (+16.8%)
$94,961 + $535,039
$630,000
2021
$12,372 (+3.5%)
$94,961 + $467,504
$562,465
2020
$11,959 (−0.6%)
$94,961 + $444,319
$539,280
2019
$12,030 (−0.9%)
$94,961 + $436,252
$531,213
2018
$12,134 (+4.5%)
$94,961 + $407,875
$502,836
2017
$11,606 (+9.0%)
$94,961 + $383,584
$478,545
2016
$10,645 (+5.0%)
$94,961 + $383,584
$478,545
2015
$10,139 (+0.8%)
$94,961 + $342,050
$437,011
2014
$10,056 (+3.0%)
$94,961 + $313,883
$408,844
2013
$9,766 (+7.0%)
$94,961 + $313,883
$408,844
2012
$9,128 (+3.2%)
$94,961 + $302,239
$397,200
2011
$8,845 (+8.3%)
$94,961 + $279,639
$374,600
2010
$8,164 (−5.7%)
$94,961 + $265,892
$360,853
2009
$8,660
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
2.18 Acres
Year renovated
—
Finished Sq. Ft.
12,000
Unfinished Sq. Ft.
—
Total Sq. Ft.
12,000
Year built
1998
Style
Other
County
Denton County
APN
R 000000244846
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
7/10 Heat Factor
6 days above 109° expected this year, 19 days in 30 years
4/10 Wind Factor
24% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Krum, TX • 76249
Average low and high temperatures (°F)
54
32
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40
76
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77
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83
63
92
74
97
76
93
74
89
67
83
59
72
49
63
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 4892 Masch Branch Rd
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