Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot in Garza Lake Title is generated by Realmo AI

    4595 Haven Hill Drive, The Colony, TX 75056

    View on Map
    Claim this Listing
    For Sale
    $320,000

    Land, Other - The Colony, TX

    Type:Unimproved Land
    Lot size:
    0.29 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    69
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 4595 Haven Hill Drive

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Zoning
    Residential
    Standard status
    Active
    APN
    R1011439
    Lot size
    0.29 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cathy Hickman

    Listing agent Cathy Hickman

    Listing office Engel & Völkers Dallas Southlake 1111 East Southlake Boulevard, Suite 460, Southlake, TX

    Listing date Mar 9, 2026

    MLS# 21201615 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Premium lot in Garza Lake Estates.
    • Opportunity to build a custom home.
    • No HOA fees.
    • Large 12,820 sqft lot.
    • Located near the lake.
    • Endless possibilities for your dream home.

    Overview

    This premium 12,820 sqft residential lot is located in Garza Lake Estates and offers the opportunity for a custom home. The property has no HOA fees. Buyers or buyer's agents are advised to verify measurements, schools, tax information, and all other details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.900693
    Latitude
    33.103412

    Nearby Similar for Sale

    • $720,000

      Single-Tenant Office Condo on SH 121

      High-visibility office condo with stable tenant and renewal potential.
      4815 State Highway 121, The Colony, TX 75056
      View Details
    • $140,000

      Prime Land in The Colony

      Commercial land in high-growth location near major destinations.
      7420 Elm Street, The Colony, TX 75056
      View Details
    • $390,000

      Residential Land in Gated Community

      Over half-acre lot in The Colony's gated community.
      7413 Waters Edge Court, The Colony, TX 75056
      View Details
    • $140,000

      Vacant Lot in The Colony

      6,000 SF Light Commercial lot in The Colony, TX.
      7408 Elm Drive, The Colony, TX 75056
      View Details
    • $899,900

      Waterfront Land in The Colony

      2.167 acres of waterfront land for sale.
      0000 Overlake Drive, The Colony, TX 75056
      View Details
    • $320,000

      Residential Lot in Garza Lake

      Premium lot for custom home in The Colony, Texas.
      4595 Haven Hill Drive, The Colony, TX 75056
      View Details
    • $1,880,000

      Finished Townhome Lots in Colony

      18 finished townhome lots in The Colony, TX.
      5613 Woodlands Drive, The Colony, TX 75056
      View Details
    • $439,000

      Lake View Land in Colony

      Private lake view property in North Dallas gated community.
      7409 Waters Edge Court, The Colony, TX 75056
      View Details
    • $170,000

      Prime Lot in The Colony

      Ideal location near Lewisville Lake with endless possibilities.
      7612 W Shore Drive, The Colony, TX 75056
      View Details
    • $600,000
      3,200 SF

      Commercial Lot Ready to Build

      Commercial lot with approved plans in The Colony, Texas.
      7447 Main Street, The Colony, TX 75056
      View Details
    • $185,000

      Residential Land with Approved Plans

      Ready-to-build lot with architectural plans in The Colony, TX.
      4604 Red Bud Court, The Colony, TX 75056
      View Details
    • $2,100,000

      Restaurant and Donut Drive-Through Opportunity

      Drive-through restaurant and donut shop located at 5401 S Colony.
      5401 S Colony Boulevard, The Colony, TX 75056
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Premium lot for custom home in Garza Lake Estates.
    Where is this residential land & home lot located?
    The property is located at 4595 Haven Hill Drive The Colony, TX.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Premium lot in Garza Lake Estates.; Opportunity to build a custom home.; No HOA fees.
    (817) 637-3021
    We can help!
    Listing Contact
    Cathy Hickman
    Real Estate License ID: 0726600
    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
    4595 Haven Hill Drive, The Colony, TX 75056
    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!