Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Ridge Parkway Land Opportunity Title is generated by Realmo AI

    1557 Lake Ridge Parkway, Cedar Hill, TX 75104

    View on Map
    Claim this Listing
    New
    For Sale
    $200,000

    Unimproved Land - Cedar Hill, TX

    Type:Unimproved Land
    Lot size:
    2.74 Acres
    Added:
    May 27, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 2 at 10:06 am

    Property Features for 1557 Lake Ridge Parkway

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    1602797000434R000
    Lot size
    2.74 Acres

    Taxes and HOA fees

    Expense value
    320
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jasmin Pargas

    Listing agent Jasmin Pargas License #0798071

    Listing office Su Kaza Realty, LLC 817 W Daggett Ave, Fort Worth, TX

    Listing date May 27, 2026

    MLS# 21282539 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

    • Rare 2.7‑acre lot in the desirable Lake Ridge community
    • Approximately 700 feet of frontage on Lake Ridge Parkway
    • Ideal for a luxury custom estate or investment project
    • Close proximity to Joe Pool Lake, Tangle Ridge Golf Course, and Lynn Creek Marina
    • Surrounded by upscale homes in a fast‑growing luxury area
    • Convenient access to DFW Airport, AT&T Stadium, and major highways

    Overview

    This 2.735-acre land parcel is located in the Lake Ridge community and offers approximately 700 feet of frontage on Lake Ridge Parkway. The property is positioned as suitable for a luxury custom estate or an investment project. The location is near Joe Pool Lake, Tangle Ridge Golf Course, and Lynn Creek Marina, with access to shopping, dining, and entertainment options. The property also offers access to DFW Airport, AT&T Stadium, and major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Dental Office Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.997116
    Latitude
    32.55449

    Nearby Similar for Sale

    • $659,900

      Versatile Office Building on Acreage

      Well-maintained office building on 2.275 acres in Cedar Hill.
      1400 Kari Ann Drive, Cedar Hill, TX 75104
      View Details
    • $580,000
      2,432 SF

      Cedar Hill Retail-Office Building

      Retail-office building in Cedar Hill's historic downtown square.
      708 Cedar Street, Cedar Hill, TX 75104
      View Details
    • $734,000

      Prime Commercial Land in Cedar Hill

      High-visibility commercial land ideal for retail or mixed-use development.
      301 W Belt Line Road, Cedar Hill, TX 75104
      View Details
    • $215,000
      1,290 SF

      Cedar Hill Retail Opportunity

      Two buildings totaling 1,290 SF on one lot.
      227 Texas Street, Cedar Hill, TX 75104
      View Details
    • $1,200,000

      Commercial Land in Growing Area

      2.81 acres of commercial land in Cedar Hill, Texas.
      517 E Belt Line Road, Cedar Hill, TX 75104
      View Details
    • $734,000
      3,480 SF

      Prime Commercial Land Opportunity

      High-visibility commercial land in a growing area.
      301 W Belt Line Road, Cedar Hill, TX 75104
      View Details
    • $200,000

      2.32 Acres in Cedar Hill

      2.32 acres of commercial land south of Joe Pool Lake.
      1878 W Belt Line Road, Cedar Hill, TX 75104
      View Details
    • $3,500,000

      Residential Development Land in Cedar Hill

      45-acre residential development opportunity in the Hill Country of Dallas.
      1198 S Clark Road, Cedar Hill, TX 75104
      View Details
    • $199,990

      Cedar Hill Acreage Homesite

      1.06 acre lot ready for custom home.
      1917 Juniper Ridge Road, Cedar Hill, TX 75104
      View Details
    • $175,000

      Premium Homesite in Lake Ridge

      Residential lot in gated community near Joe Pool Lake.
      1806 Sunset Crossing, Cedar Hill, TX 75104
      View Details
    • $285,000

      Residential Land in Cedar Hill

      2.4-acre residential lot in scenic Cedar Hill, Texas.
      430 Evergreen Trail, Cedar Hill, TX 75104
      View Details
    • $285,000

      Residential Land in Cedar Hill

      2.6-acre residential lot in a desirable community.
      440 Evergreen Trail, Cedar Hill, TX 75104
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.7-acre land parcel in Lake Ridge community, Cedar Hill.
    Where is this residential land & home lot located?
    The property is located at 1557 Lake Ridge Parkway Cedar Hill, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Rare 2.7‑acre lot in the desirable Lake Ridge community; Approximately 700 feet of frontage on Lake Ridge Parkway; Ideal for a luxury custom estate or investment project
    (817) 896-0243
    We can help!
    Listing Contact
    Jasmin Pargas
    Real Estate License ID: 0798071
    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
    1557 Lake Ridge Parkway, Cedar Hill, TX 75104
    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!