Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    One Acre Homesite Opportunity Title is generated by Realmo AI

    124 Kate Court, Copper Canyon, TX 76226

    View on Map
    Claim this Listing
    For Sale
    $490,000

    LAND - Copper Canyon, TX

    Lot size:
    1.00 Acre
    Added:
    Apr 8, 2026
    Days on Market:
    57
    Last Refresh:
    Jun 3 at 3:06 am

    Property Features for 124 Kate Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1081071
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    COPPER CREEK ESTATES PHASE III BLK F LOT 2

    We can help!

    Listing Contact
    Valerie Cannaday

    Listing agent Valerie Cannaday License #0517529

    Listing office Compass RE Texas, LLC Dallas, TX

    Listing date Apr 8, 2026

    MLS# 21172780 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

    • One‑acre homesite in a private, gated community with mature trees and natural beauty.
    • Low county taxes while being minutes from Highland Village shopping and dining.
    • Exclusivity: Final phase of a highly sought‑after community with only 40 estate‑sized homesites.
    • Custom home construction with a minimum 3,500 sq. ft. build size and no repeated floor plans.
    • Exclusively built by Precision Builders, known for exceptional quality.
    • Access to three peaceful park areas with ponds for nature walks and outdoor relaxation.

    Overview

    This premier interior homesite presents an extraordinary opportunity to construct a custom home on a one-acre lot within the exclusive, gated Copper Creek Estates. The neighborhood offers a private setting with mature trees. Positioned outside city limits, this county lot benefits from low taxes while remaining close to the shopping and dining options of Highland Village. Majestic, centuries-old oak trees frame the neighborhood. This is the third and final phase of this community, featuring 40 remaining estate-sized one-acre homesites. Residents have access to three park areas with ponds. A minimum build size of 3,500 sq. ft. is required, and every home in the community is uniquely designed. All homes are constructed by Precision Builders. The property offers natural beauty, privacy, and luxury living.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Copper Canyon
    County
    Denton
    State
    Texas
    Longitude
    -97.114482
    Latitude
    33.095346

    Nearby Similar for Sale

    • $838,200

      Copper Canyon Estate Lots Available

      Spacious 2+ acre lots for custom luxury homes.
      Hickory Hill Road lot: 3, Copper Canyon, TX 76226
      View Details
    • $660,000

      Copper Canyon Estate Lots Available

      Exclusive 2+ acre estate lots in desirable Copper Canyon, TX.
      Hickory Hill Road lot: 1, Copper Canyon, TX 76226
      View Details
    • $660,000

      Copper Canyon Estate Lots Available

      Four 2+ acre lots for custom luxury homes in Copper Canyon.
      Hickory Hill Road lot: 4, Copper Canyon, TX 76226
      View Details
    • $871,200

      Copper Canyon Estate Lot Opportunity

      Spacious 2+ acre lots for custom luxury homes.
      Hickory Hill Road lot: 2, Copper Canyon, TX 76226
      View Details
    • $999,000

      Residential Land in Copper Canyon

      2.63 acre wooded lot near Highland Village Center.
      403 Woodland Drive, Copper Canyon, TX 75077
      View Details
    • $575,000

      Copper Canyon Land For Sale

      1.387 acre property in Copper Canyon, Texas.
      430 Orchid Hill Lane, Copper Canyon, TX 76226
      View Details
    • $1,200,000

      Copper Canyon Unimproved Corner Lot

      Build-ready 3.84-acre lot with utilities, no HOA, top-rated schools.
      225 Orchid Hill Lane, Copper Canyon, TX 76226
      View Details
    • $475,000

      One Acre Lot in Development

      One-acre lot in new gated community development.
      1700 Bishop Lane, Copper Canyon, TX 76226
      View Details
    • $799,000

      Two-Acre Lot in Copper Canyon

      2-acre lot for custom home in desirable Copper Canyon.
      630 Singh Road, Copper Canyon, TX 75077
      View Details
    • $525,000

      One Acre Homesite in Gated Community

      One acre lot in exclusive gated Copper Canyon neighborhood.
      412 Valerie Way, Copper Canyon, TX 76226
      View Details
    • $520,000

      One Acre Homesite in Copper Canyon

      Premier one-acre lot in a private, gated community.
      724 Sutton Lane, Copper Canyon, TX 76226
      View Details
    • $500,000

      One Acre Homesite in Copper Canyon

      Premier one-acre lot in gated Copper Creek Estates.
      205 Kate Court, Copper Canyon, TX 76226
      View Details

    FAQs

    What type of property is this?
    Land - Premier one-acre lot in a private, gated community.
    Where is this land located?
    The property is located at 124 Kate Court Copper Canyon, TX.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: One‑acre homesite in a private, gated community with mature trees and natural beauty.; Low county taxes while being minutes from Highland Village shopping and dining.; Exclusivity: Final phase of a highly sought‑after community with only 40 estate‑sized homesites.
    (214) 814-8100
    We can help!
    Listing Contact
    Valerie Cannaday
    Real Estate License ID: 0517529
    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
    124 Kate Court, Copper Canyon, TX 76226
    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!