Renovated Office Building with
721 Ranch House Road Willow Park, TX 76087
For Sale
$1,675,000
SINGLE_FAMILY - Willow Park, TX
Property Size7,000 SF
Lot Size1.00 Acre
Price / SF$239.29
Days on Market206
Property Features for 721 Ranch House Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R000093785
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Description
- ACRES: 1.000 LOT: 1 BLK: 1 SUBD: WILLOW PARK
- Tax Annual Amount
- 12279
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 20
- Flooring type
- Combination
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Stacy Lynch · License #TX0329792
(888) 519-7431
Added: Dec 31, 2025
Changed: Jul 25
Last Checked: Jul 25 at 6:06AM
MLS# 20846591
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.
Investment Insights
Based on property information with market context.
Newly renovated office opportunity totaling 7,000 square feet, offered for sale or for lease with multiple spaces available. The layout is flexible, with the ability to subdivide suites ranging from 1,000 to the full 7,000 square feet, and a build-to-suit option is available for qualified requirements.
Located right in Willow Park in a quieter setting, the property offers plenty of parking for employees and visitors. The offering is presented with competitive rates and negotiable terms, and the owner is a principal.
Set on a 1-acre lot, the space is suited for businesses seeking an office environment that can be tailored to their operational needs while remaining in a convenient, local location.
Located right in Willow Park in a quieter setting, the property offers plenty of parking for employees and visitors. The offering is presented with competitive rates and negotiable terms, and the owner is a principal.
Set on a 1-acre lot, the space is suited for businesses seeking an office environment that can be tailored to their operational needs while remaining in a convenient, local location.
Key Highlights
- 7,000 SF newly renovated commercial space available for sale or lease
- Flexible layout with multiple spaces; build‑to‑suit options and subdivision from 1,000 to 7,000 SF
- Brick construction with central air conditioning
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.7k | $21.96 |
| − Vacancy | −$35.4k | −$5.05 |
| EGI | $118.4k | $16.91 |
| − OpEx | −$29.6k | −$4.23 |
| NOI | $88.8k | $12.68 |
7,000 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,773 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$6.96M
$6.09M – $8.11M
NOI $486,894 @ 7.0% cap · market cap 29.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Newly renovated office building offering multiple suites with flexibility to subdivide or build to suit.
Where is this office building located?
The property is located at 721 Ranch House Road Willow Park, TX.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 7,000 SF newly renovated commercial space available for sale or lease; Flexible layout with multiple spaces; build‑to‑suit options and subdivision from 1,000 to 7,000 SF; Brick construction with central air conditioning
