Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    108 Mckinney St Farmersville, TX 75442

    Sponsored
    For Lease
    $1,750 /Mo ($16 SF/Yr)

    Office - Farmersville, TX

    Type:Office
    Property size:
    1,500 SF
    Lot size:
    0.03 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 7 at 2:06 pm

    Property Features for 108 Mckinney St

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    R1045002013F1
    Parking features
    Parking Lot
    Size
    1,500 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1900
    Flooring type
    Carpet, Concrete, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Lexi Holt

    Harden Real Estate Group (214) 491-7257

    Listing agent Lexi Holt (972) 396-9100 License #0809257

    Listing date Feb 3, 2026

    MLS# 21160123 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.

    Learn more

    Property Insight Report

    Overview

    Charming Office in Historic Downtown

    Located in historic downtown Farmersville, this property offers a blend of convenience and character. The property spans 1,500 sq ft and includes 4 rooms and 2 bathrooms. It is suitable for either a family home or office space. Washer and dryer plugs are included. The lot size is 0.029 acres. The property is located at 108 McKinney Street, Farmersville, TX 75442.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JUNE WEST, REALTOR, ... Real Estate Agency RE/MAX 3D Real ... Real Estate Agency Landmark Family Medicine, ... Medical Clinic RE/MAX Country Northeast: ... Real Estate Agency June West, REALTOR ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmersville
    County
    Collin
    State
    Texas
    Longitude
    -96.36036
    Latitude
    33.163601

    Nearby Similar for Lease

    • New
      $2,000 /Mo
      1,280 SF

      Farmersville Farm/Ranch For Rent

      Farm/Ranch property available for rent in Farmersville, Texas.
      2383 State Highway 78 S, Farmersville, TX 75442
      View Details
    • $1,800 /Mo
      2,400 SF

      Historic Farmersville Space for Lease

      Charming 2,400 sqft space in historic downtown Farmersville, TX.
      204 Mckinney St, Farmersville, TX 75442
      View Details
    • $1,150 /Mo
      579 SF

      Downtown Farmersville Office Space Available

      Professional office space for lease in prime downtown location.
      131 Mckinney St, Farmersville, TX 75442
      View Details
    • $800 /Mo
      396 SF

      Farmersville Office Space For Lease

      Professional office spaces for lease in downtown Farmersville, Texas.
      131 Mckinney St, Farmersville, TX 75442
      View Details
    • $600 /Mo
      274 SF

      Downtown Farmersville Office Space Available

      Professional office spaces for lease in prime downtown location.
      131 Mckinney St, Farmersville, TX 75442
      View Details
    • $1,100 /Mo
      553 SF

      Downtown Farmersville Office Space Available

      Move-in ready office spaces in a prime downtown location.
      131 Mckinney St, Farmersville, TX 75442
      View Details
    • $2,000 /Mo
      2,400 SF

      Industrial Shop on FM 547

      2400 sqf industrial shop on 1.5 acres for rent.
      423 Fm 547, Farmersville, TX 75442
      View Details
    • $3,125 /Mo
      36,024 SF

      Highway Frontage Retail/Office Space

      Versatile 4,420 SF space on Highway 380 with high visibility.
      469 W Audie Murphy Pkwy, Farmersville, TX 75442
      View Details
    • Contact for pricing
      1,560 SF

      Murphy Crossing Retail Space

      Prime Collin County retail space available.
      1806 Audie Murphy Pkwy, Farmersville, TX 75442
      View Details
    • Contact for pricing
      7,950 SF

      Retail Building Near Collin College

      Retail building for lease or land for sale near Princeton.
      1701 Bob Tedford Dr, Farmersville, TX
      View Details
    • $800 /Mo

      Downtown Farmersville Office Space Available

      Move-in ready office space in historic downtown Farmersville.
      131 Mckinney 208, Farmersville, TX 75442
      View Details
    • $1,150 /Mo

      Downtown Farmersville Office Space Available

      Professional office space for lease in downtown Farmersville, Texas.
      131 Mckinney 207, Farmersville, TX 75442
      View Details

    FAQs

    What type of property is this?
    Office space - Charming 1,500 sq ft property in historic downtown Farmersville.
    Where is this office space located?
    The property is located at 108 Mckinney St Farmersville, TX.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in historic downtown Farmersville.; - 1,500 sq ft with 4 rooms and 2 bathrooms.; - Brick construction.
    (972) 396-9100
    Request Owner's contact information
    108 Mckinney St Farmersville, TX 75442
    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.
    108 Mckinney St
    Farmersville, TX 75442
    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
    108 Mckinney St Farmersville, TX 75442
    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

    We can help!
    Listing Contact
    Lexi Holt
    Real Estate License ID: 0809257
    (972) 396-9100
    Learn more
    Google sign-in failed. Please try again or use another login method.