25691 Smotherman Road, Little Elm, TX 75034
SINGLE_FAMILY - Little Elm, TX
- Added:
- Mar 4, 2026
- Days on Market:
- 115
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 25691 Smotherman Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Security features
- Security
- Standard status
- Active
- APN
- R1012790
- Lot size
- 3.05 Acres
Taxes and HOA fees
- Tax Description
- LOTUS SHOPPING CENTER UNT 160 PLUS 6.65 % INT
- Tax Annual Amount
- 8641
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- ENERGY STAR Qualified Equipment, Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Hardwood
- Building materials
- Brick, Rock, Stone, StoneVeneer
- Roof type
- Flat, Concrete
Listing agent Robert Han License #0619322 (972) 200-0853
Listing office Golden Realty Allen, TX (214) 888-3876
Listing date Mar 4, 2026
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
- 1,198 SF road‑front retail condo (Unit 160) at 25691 Smotherman Rd, leased to an established massage operator under a 10‑year NNN lease
- Lease term through 2033 with 3% annual rent increases, supporting built‑in income growth
- Fully built‑out for a spa/massage business and includes the exclusive right to operate a massage business within the plaza
- Offered at a 5.4% CAP rate, with projected rent escalations targeting approximately a 6.6% CAP by year‑end
- Year built 2022; construction materials include brick, rock, stone, and stone veneer
- Roof is flat concrete; utilities include public water and public sewer; parking provided in a parking lot
Overview
The property is described as highly visible with strong road frontage and ample parking, positioning it well for continued tenant demand in the surrounding area. It is located in Little Elm, TX within Denton County, at a notable address on Smotherman Road, where limited availability of retail condos adds to the investment appeal.
For investors and 1031 exchange buyers, this offering is structured for stability and reduced day-to-day landlord involvement, supported by the long-term NNN lease and the unit’s operational build-out. The reported 5.4% CAP rate with projected increases to approximately 6.6% by year-end reflects the contract rent escalations. Overall, it presents a targeted opportunity for those seeking a lease-backed retail asset with built-in growth.
Current Use by Public Records
Map
- City
- Little Elm
- County
- Denton
- State
- Texas
- Longitude
- -96.882884
- Latitude
- 33.163194
