Paragon Realtors Real Estate

114 S AustinRanger, TX 76470Price: $250,000

  • Price: $250,000
  • 429 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $250,000List Price
  • 0.36Acreage

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Listed by Mark Degano and of South Gate Realty,LLC (254-459-0889)
Here is your chance to own and revive a piece of legendary history! This historical building in Ranger Texas is full of possibilities. It opened as the Lone Star Theatre in 1920 and by 1941 it had been renamed Columbia Theatre. It was operated by Paramount Pictures Inc. Up the lighted staircase to the second story is a catwalk to a sitting or lounging area that overlooks the expansive theater hall below. The top floor is the residential quarters with 3 bedrooms, 2 full baths, living, dining, kitchen, electric fireplace with a lot of natural light, a balcony overlooking the courtyard below and a fire escape staircase. The courtyard has a full-service bar that is attached to the indoor bar area. On one side of the main floor is a wraparound bar, pool tables, and is an expansive area in itself with its own entrance! On the adjacent side is the grand theater room with stage and stage lighting. The theater hall has plenty of room for theater or table seating and is equipped with a commercial kitchen between the bar and theater room. The corner lot provides plenty of off-street parking or room for expansion. The sky is the limit with this property, could be converted into studio apartments or college hang out but definitely an amazingly unique home or has unlimited business opportunity. Come check it out!

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 9:31 AM EDT. 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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