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Land with Metal Shop and Living Quarters

806 Old Base Road Aurora, TX 76078

806 Old Base Road, Aurora, TX, 76078
$500,000
For Sale
$500,000

LAND - Other - Aurora, TX

Property Size2,400 SF
Lot Size6.12 Acres
Price / SF$208.33
Days on Market68

Property Features for 806 Old Base Road

General Information

Property type
Land
Property subtype
Other
Vegetation
Cleared
Standard status
Active
APN
737421
Lot size
6.12 Acres

Taxes and HOA fees

Tax Description
A-314 DR FOUGHT 6.1200 ACRES
Tax Annual Amount
3281

Utilities

Sewer type
Septic Tank
Water source
Well

Building Details

Year built
1993
Architectural style
Other
Listing agency 6th Ave Homes
Listed by Angela Webster · License #0704645
Added: May 16 Updated: Jun 4 at 6:30PM Checked: Jul 22 at 4:06AM
MLS# 21272832

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.

Set within the Aurora city limits and surrounded by established luxury estates, this 6.12-acre property offers level, usable terrain with wide-open views. A 2,400-square-foot metal shop building anchors the site and includes approximately 950 square feet of living quarters, providing a practical setup for immediate use while planning longer-term improvements. The living space will benefit from some TLC. The property is currently ag exempt and is supported by a well and septic, with flat topography and the ability to accommodate multiple septic systems.

The land is positioned on an all-weather road and is described as having privacy and flexibility for a range of plans. City water and sewer are noted as nearby for expanded development possibilities. The tract is located within Northwest ISD, with easy access to everyday destinations and regional transportation and recreation within approximately 30 minutes, including Alliance Airport, DFW Airport, and Texas Motor Speedway.

This offering is a strong fit for buyers seeking a private equestrian or livestock property, a workshop and equipment storage base, or a multi-generational homestead. It also supports longer-range concepts such as single or multiple homesites, depending on a buyer’s development goals and utility planning. Prospective buyers should contact the listing agent for additional details related to zoning and development considerations.

Key Highlights

  • 6.12‑acre property in Aurora city limits with level, flat topography
  • Includes a 2,400 SF metal shop building with approximately 950 SF of living quarters
  • Current well and septic tank in place; ag exempt

Local Financial Insights For Warehouse

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 $19.3k $8.04
− Vacancy −$1.1k −$0.44
EGI $18.2k $7.60
− OpEx −$2.7k −$1.14
NOI $15.5k $6.46
2,400 SF · lease $8.04/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$221.4K
$193.8K – $258.3K (±1% cap)
NOI $15,500 @ 7.0% cap · market cap 3.10%
Second Best
Industrial
$182.3K
$159.6K – $212.7K (±1% cap)
NOI $12,764 @ 7.0% cap · market cap 2.55%
Theoretical Best
Hotel Hospitality
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,540 @ 7.0% cap · market cap 25.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Horse & equestrian properties

Suggested Use

Real Estate Agency Dental Office HVAC Service Auto Repair Shop Pharmacy Catering Service Building Supply Pet Grooming Service Spa & Massage Center Daycare Center

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

FAQs

What type of property is this?
Horse & equestrian property - 6.12-acre ag-exempt tract with a metal shop and living quarters, well and septic, suited for horses or future development.
Where is this horse & equestrian property located?
The property is located at 806 Old Base Road Aurora, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 6.12‑acre property in Aurora city limits with level, flat topography; Includes a 2,400 SF metal shop building with approximately 950 SF of living quarters; Current well and septic tank in place; ag exempt
Contact an agent
More about this property
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