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    • Brokers

    Charles Horton, Hurst, TX

    License ID: 0546099
    Years of Experience
    17
    Association
    Metrotex Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (214) 692-6400
    Office Address:
    10300 N Central Expressway, Suite 220, Dallas, TX 75231

    Property Types

    • Commercial Sale
    • Land
    • Residential

    Performance

    Listings
    27
    Total transactions
    86
    Total transactions amount
    $50M
    Price range
    $387k - 872k
    Average price
    $581k

    Listings

    For Sale (21)

    View map
    • $21,770,325
      69.38 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development site near I-45, 15 miles from Dallas.
      1501 E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $1,500,000
      1.58 Acres

      Grapevine Land Development Opportunity

      1.582 acres near Lakeside Business District, 5 minutes to DFW.
      Tbd Lakeside Dr, Grapevine, TX 76051
      View Details
    • $345,000
      2.70 Acres

      Grapevine Land Development Opportunity

      2.7 acres near Lakeside Business District, Grapevine, TX
      4215 Lakeside Pkwy, Grapevine, TX 76051
      View Details
    • $3,000,000
      36.76 Acres

      38 Acres Land Development Opportunity

      38 acres of land near Lakeside Business District, Lewisville, TX
      Tbd Lakeside Pkwy, Lewisville, TX 75028
      View Details
    • $3,500,000
      9.95 Acres

      Weatherford Industrial Site with Warehouses

      7-acre industrial site with 27,500 SF warehouse space.
      121 Pistol Rd, Weatherford, TX 76085
      View Details
    • $5,875,500
      31,450 SF

      Versatile Industrial Property in Dallas

      31,450 SF industrial property on 2.286 acres in Dallas.
      5520 Military Pkwy, Dallas, TX 75227
      View Details
    • $1,200,000
      0.02 Acres

      Remodeled Commercial Property with Versatility

      Remodeled commercial property suitable for retail, industrial, or office uses.
      5530 Military Pkwy, Dallas, TX 75227
      View Details
    • $1,200,000
      0.69 Acres

      Versatile Warehouse Near Downtown Dallas

      Updated 5200 sqft commercial property ideal for industrial, warehouse, or retail.
      5515 Parkdale Dr, Dallas, TX 75227
      View Details
    • $1,052,409
      3.02 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development site near I-45, divisible into smaller lots.
      1501-lot E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $2,613,600
      10.00 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development land near I-45, Wilmer, TX.
      1501-lot E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $2,603,145
      7.47 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development land near I-45 in Wilmer, TX.
      1501-lot E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $8,328,067
      23.64 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development land near I-45 in Wilmer, TX.
      1501-lot E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $4,803,796
      18.38 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development land near I-45 in Wilmer, TX.
      1501-lot E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $2,460,268
      7.06 Acres

      Prime Mixed-Use Development Land

      69-acre mixed-use development land near I-45 in Wilmer, TX.
      1501-lot E Belt Line Rd, Wilmer, TX 75172
      View Details
    • $2,690,000
      2.74 Acres

      Turnkey Investment Opportunity in Decatur

      Income-producing tiny home community and storage facility near Hwy 380.
      2820 Us Highway 380, Decatur, TX 76234
      View Details
    • $1,950,000
      1.86 Acres

      Turnkey Tiny Home Rental Community

      Tiny home rental community with strong occupancy and stable cash flow.
      2820 Us Highway 380, Decatur, TX 76234
      View Details
    • $1,200,000
      1.74 Acres

      Decatur Self-Storage Investment Opportunity

      Income-producing self-storage facility with lease-up potential in Decatur, Texas.
      2820 Us Highway 380, Decatur, TX 76234
      View Details
    • $1,750,000
      3.50 Acres

      Denton Land for Expansion/Redevelopment

      3.5 acres of land with redevelopment potential in Denton, TX.
      870 N Mayhill Rd, Denton, TX 76208
      View Details
    • $1,499,995
      34.34 Acres

      34-Acre Argyle Horse Country Retreat

      Secluded 34-acre property with a 1900s style log cabin.
      1400 Brush Creek Rd, Argyle, TX 76226
      View Details
    • $1,250,000
      2.01 Acres

      Bartonville Land in Eagle Ridge

      Premier 2.01-acre homesite in upscale Bartonville community.
      1318 Clydesdale Rd, Bartonville, TX 76226
      View Details
    • $2,500,000
      5.01 Acres

      Argyle Land in Creekview Ranch

      5.01-acre land parcel in Creekview Ranch, Argyle, Texas.
      2020 Ketchum Ct, Argyle, TX 76226
      View Details

    For Lease (6)

    View map
    • $1,375 /Mo
      10,890 SF

      Unrestricted Land Lease Opportunity

      Secure, flexible, unrestricted land for lease, ideal for various businesses.
      121 Pistol Rd, Weatherford, TX 76085
      View Details
    • $1,750 /Mo
      10,890 SF

      Lewisville Storage Lot for Lease

      Gated storage lot near Lakeside Business District, available immediately.
      111 Duncan Ln, Lewisville, TX 75028
      View Details
    • $4,000 /Mo
      1,200 SF

      Denton Industrial Building with Yard

      1200 SF building with fenced yard storage lot.
      870 N Mayhill Rd, Denton, TX 76208
      View Details
    • $4,500 /Mo
      10,890 SF

      Metal Building with Storage Lot

      Metal building with storage lot for lease in Lewisville.
      111 Duncan Ln, Lewisville, TX 75028
      View Details
    • $1,000 /Mo
      6,000 SF

      Flexible Commercial Space Near Azle

      Unincorporated Weatherford warehouse units and outdoor storage for lease.
      121 Pistol Rd, Weatherford, TX 76085
      View Details
    • $6,750 /Mo
      7,022 SF

      Decatur Warehouse with Highway Frontage

      7,020 sq ft warehouse with no zoning restrictions.
      2820 Us Highway 380, Decatur, TX 76234
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    Charles Horton, Hurst, TX
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Charles Horton, Hurst, TX
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