Listed by Karen Lenz of Trinity Ranch Land Cross Plains (254-725-4181)
Currently set up as a well-maintained commercial property, this five-office layout offers a unique opportunity for buyers looking to create a spacious, character-filled home. With a little modification, this space could easily transform into a stunning residence - think four bedrooms (or a mix of bedrooms, home offices, and bonus rooms), a bathroom already in place, and a generous entry area ready to become an inviting living room. The current layout offers a head start on your renovation: private offices that convert easily into bedrooms or flex spaces, a reception area with plenty of room to reimagine as a family gathering space or open-concept living area, and a functional bathroom ready to be updated to residential finishes. Of course, the space works just as well as-is for medical, legal, consulting, or administrative use - offering flexibility for buyers who want a turnkey commercial setup. But for those with vision, this property presents an exciting chance to create a one-of-a-kind home in a highly accessible location, blending the best of both worlds: solid existing infrastructure and the freedom to design a space that's uniquely yours. Whether you're drawn to its business-ready functionality or its potential as a distinctive residential conversion, this property delivers flexibility, location, and opportunity.

    Property Details of 501 Peyton Street

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    Based on information submitted to North Texas Real Estate Information Services as of July 11, 2026 9:00 PM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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