Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Growing Lake Dallas Title is generated by Realmo AI

    0000 Grandview Drive, Lake Dallas, TX 75065

    View on Map
    Claim this Listing
    For Sale
    $160,000

    Unimproved Land - Lake Dallas, TX

    Type:Unimproved Land
    Lot size:
    0.24 Acres
    Added:
    Nov 19, 2025
    Days on Market:
    172
    Last Refresh:
    May 10 at 6:06 pm

    Property Features for 0000 Grandview Drive

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R64028
    Lot size
    0.24 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Bel Monroe

    Listing agent Bel Monroe

    Listing office DHS Realty 8005 Fallmeadow Circle, PLANO, TX

    Listing date Nov 19, 2025

    MLS# 21112446 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Suited for individuals, custom builders, or developers.
    • Utilities accessible for new construction.
    • Flexible building options to accommodate various home styles.
    • Located in a growing area with strong community appeal.
    • Discount available for purchasing multiple lots.
    • Prime land in a desirable location.

    Overview

    These lots present a promising opportunity for individuals, custom builders, or developers. Each lot provides space for new construction, with accessible utilities and flexible building options suitable for various home styles or investment plans. Located in a growing area with strong community appeal, these parcels offer both convenience and value. Purchasing multiple lots provides an attractive discount, making this an excellent choice for developers or buyers looking to expand their footprint. These lots provide the space, flexibility, and affordability needed to plan a custom residence, a series of investment homes, or a long-term development project in a desirable location with room to grow. The lot size is approximately 0.239 acres and is located in Lake Dallas, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lake Dallas
    County
    Denton
    State
    Texas
    Longitude
    -97.0163
    Latitude
    33.1173

    Nearby Similar for Sale

    • $425,000

      Commercial Property in Historic Downtown

      Charming property with commercial zoning, ideal for live/work or business.
      201 S Lake Dallas Drive, Lake Dallas, TX 75065
      View Details
    • $699,000

      Lake Dallas Commercial Building Opportunity

      Commercial building in Lake Dallas with multiple potential uses.
      105 N Lakeview Drive, Lake Dallas, TX 75065
      View Details
    • $103,000

      Lake Dallas Climate Controlled Storage

      Private, climate-controlled storage suite for RVs, cars, or general storage.
      853 Main Street, Lake Dallas, TX 75065
      View Details
    • $375,000

      Luxury Garage Suite Near Lake

      Climate-controlled garage suite for boat/RV enthusiasts near Lake Lewisville.
      853 Main Street, Lake Dallas, TX 75065
      View Details
    • $100,000

      Climate Controlled Storage Suite

      Private, secure storage for RVs, luxury cars, or climate-controlled storage.
      853 Main Street, Lake Dallas, TX 75065
      View Details
    • $130,000

      Land in Growing Lake Dallas

      Land suitable for custom builders or developers in Lake Dallas.
      0000 Oak, Lake Dallas, TX 75065
      View Details
    • $190,000

      Land in Growing Lake Dallas

      Land suitable for custom builders or developers in Lake Dallas.
      00000 Briarwood, Lake Dallas, TX 75065
      View Details
    • $699,000
      3,000 SF

      Lake Dallas Commercial Building For Sale

      Commercial building in Lake Dallas suitable for various business uses.
      105 N Lakeview Drive, Lake Dallas, TX 75065
      View Details
    • $90,000

      Land in Growing Lake Dallas

      Land suitable for custom homes or development in Lake Dallas.
      0000 Wembley Street, Lake Dallas, TX 75065
      View Details
    • Contact for pricing
      1,440 SF

      Sonic Drive-In NNN Investment

      New 20-year NNN lease with zero landlord responsibilities.
      101 Main St, Lake Dallas, TX 75065
      View Details
    • $2,870,000
      3,040 SF

      New Freddy's Restaurant Investment Opportunity

      New Freddy's restaurant with a 20-year absolute NNN lease.
      3812 Teasley Ln, Lake Dallas, TX
      View Details
    • $75,000

      Lake Dallas Land Opportunity

      Unimproved lot in Briarwood Lake community, Lake Dallas, TX.
      Tbd Briarwood, Lake Dallas, TX 75065
      View Details

    FAQs

    What type of property is this?
    Land - Land suitable for custom builders or developers in Lake Dallas.
    Where is this land located?
    The property is located at 0000 Grandview Drive Lake Dallas, TX.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Suited for individuals, custom builders, or developers.; Utilities accessible for new construction.; Flexible building options to accommodate various home styles.
    (972) 979-8413
    We can help!
    Listing Contact
    Bel Monroe
    Real Estate License ID: 0807403
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0000 Grandview Drive, Lake Dallas, TX 75065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!