Add Listing
    For Sale
    • 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

    2776 S Lakeview Dr Cedar Hill, TX 75104

    View on Map
    Sponsored
    For Sale
    $279,800

    Unimproved Land - Cedar Hill, TX

    Type:Unimproved Land
    Lot size:
    1.21 Acres
    Days on Market:
    40
    Last Refresh:
    Mar 22 at 12:06 pm

    Property Features for 2776 S Lakeview Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    16027900001350000
    Lot size
    1.21 Acres

    Taxes and HOA fees

    Expense value
    375
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joseph Cranshaw

    Mersaes Real Estate, Inc.

    Listing agent Joe Cranshaw License #0714723

    Listing date Feb 10, 2026

    MLS# 20962487 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

    Cedar Hill Land Opportunity

    This 1.21-acre lot is located in Cedar Hill. The property offers views and mature trees. It is situated in close proximity to Joe Pool Lake and a golf course. The property is an ideal setting for building a custom home. All zoning, building requirements, and property details should be independently verified.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Department Store HVAC Service Discount Store Veterinary Clinic Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -97.004987
    Latitude
    32.573284

    Nearby Similar for Sale

    • $600,000
      2,432 SF

      Cedar Hill Retail Opportunity

      Retail-office building in historic downtown Cedar Hill.
      708 Cedar St, Cedar Hill, TX 75104
      View Details
    • $699,900
      2.28 Acres

      Versatile Office Building on Acreage

      Well-maintained office building on 2.275 acres with high visibility.
      1400 Kari Ann Dr, Cedar Hill, TX 75104
      View Details
    • $215,000
      1,290 SF

      Cedar Hill Office Opportunity

      Two buildings totaling 1,290 SF on one lot.
      227 Texas St, Cedar Hill, TX 75104
      View Details
    • $429,999
      0.18 Acres

      Well-Maintained Duplex in Cedar Hill

      Duplex with updated unit, great for investors or house-hacking.
      409-411 Dollins St, Cedar Hill, TX 75104
      View Details
    • $425,000
      0.11 Acres

      Cedar Hill Duplex Investment Opportunity

      Well-maintained 6-bedroom duplex in Cedar Hill, currently rented.
      508-510 Matterhorn St, Cedar Hill, TX 75104
      View Details
    • $1,500,000
      756 SF

      Premier Horse Ranch Near Town

      15.72-acre horse ranch with stables, warehouse, and training facilities.
      1715 S Joe Wilson Rd, Cedar Hill, TX 75104
      View Details
    • $1,550,000
      0.48 Acres

      Profitable Multifamily Investment Opportunity

      Turn-key 8-unit multifamily property with stable tenant base in Cedar Hill.
      312 Hickerson St, Cedar Hill, TX 75104
      View Details
    • Contact for pricing

      Sleep Inn Cedar Hill Investment

      68-room hotel near Dallas attractions and major highways.
      1439 Highway 67 North, Cedar Hill, TX 75104
      View Details
    • $3,500,000

      High-Profile NNN Pad Sites

      NNN leased pad sites at Cedar Hill Crossing Mall.
      145 West Fm 1381, Cedar Hill, TX 75001
      View Details
    • $3,500,000
      8,930 SF

      High Profile NNN Pad Sites

      NNN pad sites anchored by Verizon and Sears.
      145 W Fm 1382, Cedar Hill, TX 75104
      View Details
    • Contact for pricing
      2.38 Acres

      Preston Trail Center: Prime Commercial Lot

      2.378-acre vacant lot, ideal for various uses.
      0 Sec Of Fm 1382 & Struass Rd, Cedar Hill, TX 75104
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.2-acre lot in Cedar Hill near Joe Pool Lake.
    Where is this residential land & home lot located?
    The property is located at 2776 S Lakeview Dr Cedar Hill, TX.
    What is the asking price?
    The asking price for this property is $279,800.
    What are key features of this property?
    This property features: - 1.2-acre lot in a sought-after Cedar Hill community; - Serene views and majestic trees; - Close proximity to Joe Pool Lake
    (972) 203-9033
    Request Owner's contact information
    2776 S Lakeview Dr Cedar Hill, TX 75104
    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.
    2776 S Lakeview Dr
    Cedar Hill, TX 75104
    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
    2776 S Lakeview Dr Cedar Hill, TX 75104
    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
    Joseph Cranshaw
    Real Estate License ID: 0714723
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!