Estimated payment $9,133/month
About This Lot
Looking for a high-return investment opportunity in a thriving North Texas market? This versatile commercial property offers over 11, 000 SF on 1+ acre with dual road frontage in a Multi-Family Dwelling District. Features 12 private rooms with full baths, office areas, commercial kitchen, laundry, and flex spaces ideal for multi-family, office, medical, or hospitality use. Centrally located near downtown, shopping, and medical centers, an ideal spot supporting strong lease demand and long-term value. Current income supports a 10% cap rate with potential for higher returns. Located in a Texas Opportunity Zone, offering tax incentives and development flexibility. Bring your vision, this property is ready to perform!
Listing Agent
Shannon Miles
eXp Realty Land & Ranch Listed on: 11/09/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,787
Lot Details
- Potential uses include for development
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,787 | $1,174,280 | $37,680 | $1,136,600 |
| 2024 | $14,787 | $828,930 | $37,680 | $791,250 |
| 2023 | $13,681 | $752,960 | $40,700 | $712,260 |
| 2022 | $9,709 | $472,600 | $40,700 | $431,900 |
| 2021 | $9,676 | $427,140 | $40,700 | $386,440 |
| 2020 | $7,668 | $326,660 | $40,700 | $285,960 |
| 2019 | $8,370 | $336,690 | $37,680 | $299,010 |
| 2018 | $7,751 | $311,750 | $34,890 | $276,860 |
| 2017 | $7,921 | $311,750 | $34,890 | $276,860 |
| 2016 | $7,899 | $310,880 | $34,890 | $275,990 |
| 2015 | -- | $310,880 | $34,890 | $275,990 |
| 2014 | -- | $310,880 | $34,890 | $275,990 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/09/2025 11/09/25 | For Sale | $1,499,000 | +260.8% | -- | |
| 10/06/2021 10/06/21 | Sold | -- | -- | -- | View Prior Sale |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- | |
| 08/12/2021 08/12/21 | Price Changed | $415,500 | -2.4% | $37 / Sq Ft | |
| 07/07/2021 07/07/21 | Price Changed | $425,500 | -0.5% | $38 / Sq Ft | |
| 06/03/2021 06/03/21 | Price Changed | $427,500 | +30.9% | $38 / Sq Ft | |
| 06/01/2021 06/01/21 | For Sale | $326,660 | 0.0% | $29 / Sq Ft | |
| 04/08/2021 04/08/21 | Pending | -- | -- | -- | |
| 03/01/2021 03/01/21 | Price Changed | $326,660 | +8.9% | $29 / Sq Ft | |
| 03/01/2021 03/01/21 | Price Changed | $299,900 | +20.0% | $27 / Sq Ft | |
| 01/20/2021 01/20/21 | Price Changed | $249,900 | -9.1% | $22 / Sq Ft | |
| 11/19/2020 11/19/20 | Price Changed | $274,900 | -8.2% | $25 / Sq Ft | |
| 11/19/2020 11/19/20 | Price Changed | $299,500 | +8.9% | $27 / Sq Ft | |
| 11/15/2020 11/15/20 | For Sale | $274,990 | -- | $25 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Texas Lone Star Title Lp | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Fidelity National Title Age |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $290,000 | Seller Take Back | |
| Previous Owner | $327,900 | New Conventional |
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