Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Southlake Acreage: Development or Estate Title is generated by Realmo AI

    800 Lodestar Drive, Southlake, TX 76092

    View on Map
    Claim this Listing
    For Sale
    $2,650,000

    Improved Land - Southlake, TX

    Property size:
    2,305 SF
    Lot size:
    4.51 Acres
    Price / SF:
    $1,149/SF
    Added:
    May 21, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 3 at 10:06 am

    Property Features for 800 Lodestar Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fire Pit, Rain Gutters, Stable/Barn, Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    05979528
    Size
    2,305 SF
    Lot size
    4.51 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1971
    Architectural style
    Other
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Phil White

    Listing agent Phil White License #0600817

    Listing office Keller Williams Realty 2106 E State Hwy 114, Ste 101, Southlake, TX

    Listing date May 21, 2026

    MLS# 21225669 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

    • 4. 5‑acre property in Southlake offering development potential or private estate opportunity.
    • Prime location minutes from shopping, dining, and Carroll ISD top‑rated schools.
    • Renovated 2,305 sq. ft. home with 3 bedrooms and 4 full bathrooms featuring modern finishes.
    • Includes a 4‑stall barn suitable for equestrian activities.
    • Scenic pond and open pasture ideal for horses or livestock.
    • Mature trees providing privacy and a picturesque setting.

    Overview

    This 4.5-acre property in Southlake offers a blend of city convenience and country living. The property features a renovated 2,305 sq. ft. home with 3 bedrooms and 4 full bathrooms, designed with modern finishes. The property could be subdivided into multiple lots. A scenic pond and open pasture are suitable for horses or livestock, and a 4-stall barn provides functionality. Mature trees surround the property, offering privacy and shade. This property is located minutes from shopping, dining, and Carroll ISD schools. It is suitable as a private retreat, hobby farm, or luxury acreage estate.
    Property Profile 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
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.191801
    Latitude
    32.946095

    Nearby Similar for Sale

    • $2,310,000
      6,000 SF

      Class A Medical Office Development

      Class A two-building medical development with flexible suite sizes, delivering Spring 2025 in Southlake.
      731 Zena Rucker Road, Southlake, TX 76092
      View Details
    • $1,755,000

      Class A Medical Office Development

      Two-building medical campus delivering Spring 2025 with suites from 2,900 to 11,400 sf.
      731 Zena Rucker Road, Southlake, TX 76092
      View Details
    • $1,185,000

      Class A Medical Office Development

      Two-building Class A medical development delivers Spring 2025 with space options designed for healthcare tenants.
      731 Zena Rucker Road, Southlake, TX 76092
      View Details
    • $640,000

      Class A Medical Office Development

      New Spring 2025 medical office project with two buildings and multiple suite sizes for physician and clinic users.
      731 Zena Rucker Road, Southlake, TX 76092
      View Details
    • $4,370,000

      Class A Medical Office Development

      Two-building, Class A medical development delivering Spring 2025 with flexible suite sizes for healthcare users.
      731 Zena Rucker Road, Southlake, TX 76092
      View Details
    • $4,950,000
      7,951 SF

      Southlake TX Tenant-Occupied Property

      Tenant-occupied property in Southlake, TX with guaranteed buyback.
      615 Brewer Road, Southlake, TX 76092
      View Details
    • $500,000

      Commercial Land with Interim Structure

      Flexible commercial site with a well-maintained structure and interim mobile home, positioned for visibility and highway access.
      1206 Timberline Court, Southlake, TX 76092
      View Details
    • $4,950,000
      7,951 SF

      Remodeled Residential Income Property

      Tenant-occupied income home on over an acre with a total remodel-rebuild and structured 24-month income terms.
      615 Brewer Road, Southlake, TX 76092
      View Details
    • $795,000

      Southlake Land in Gated Community

      Luxury homesite in exclusive gated community with mature trees.
      2516 Park Grove Loop, Southlake, TX 76092
      View Details
    • $899,000

      Build-Ready Luxury Homesite

      Nearly one-acre corner homesite with trees, elevated views, and onsite utilities for flexible custom home planning.
      3330 Southlake Park Road, Southlake, TX 76092
      View Details
    • $5,800,000

      Luxury Equine Estate with Lake Access

      Private 5.5-acre estate with custom barn and lake access.
      5000 T W King Road, Southlake, TX 76092
      View Details
    • $950,000

      Southlake Acre Lot Opportunity

      Rare full acre lot in Southlake with endless potential.
      1261 Emerald Circle, Southlake, TX 76092
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.5 acres in Southlake, prime for development or private estate.
    Where is this residential land & home lot located?
    The property is located at 800 Lodestar Drive Southlake, TX.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: 4. 5‑acre property in Southlake offering development potential or private estate opportunity.; Prime location minutes from shopping, dining, and Carroll ISD top‑rated schools.; Renovated 2,305 sq. ft. home with 3 bedrooms and 4 full bathrooms featuring modern finishes.
    (817) 329-8850
    We can help!
    Listing Contact
    Phil White
    Real Estate License ID: 0600817
    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
    800 Lodestar Drive, Southlake, TX 76092
    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!