Texas Properties Ltd Sells 18,000 Square Foot Mixed-Use Building In Spring With Stream Realty Partners
1271 Rayford Bend
Building Size
18,000 SF
Asset Type
Mixed-use
Closing
Aug 21, 2025
AI
The transaction involved a mixed-use asset consisting of 18,000 square feet located at 1271 Rayford Bend in Spring, Texas. The property, built in 2013 and situated on 2.5 acres, was sold by Texas Properties Ltd. to an undisclosed buyer.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Address: 1271 Rayford Bend
- Market: Spring
- Asset Size: 18,000 SF
- Seller: Texas Properties Ltd
- Buyer's Representative: Kevin Caywood - Stream Realty Partners
- Seller's Representatives: Nathan Buckhoff & Matt Rogers - Oxford Partners
Oxford Partners facilitated the sale, representing the seller during the transaction. The deal highlights the involvement of experienced brokers in the mixed-use property sector, contributing to the closing of the sale in a strategic market area.
Players
Spring Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93