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

    8123 Hilltop Road Argyle, TX 76226

    View on Map
    For Sale
    $2,250,000

    Traditional, Farm/Ranch - Argyle, TX

    Type:Farm
    Property size:
    2,014 SF
    Lot size:
    35.46 Acres
    Added:
    Mar 8, 2026
    Days on Market:
    24
    Last Refresh:
    Apr 1 at 6:06 pm

    Property Features for 8123 Hilltop Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Driveway
    Patio and Porch features
    Patio, Porch
    Interior features
    Eat-in Kitchen
    Exterior features
    Covered Patio/Porch, Private Entrance, Private Yard, Rv/Boat Parking, Stable/Barn, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Microwave
    Standard status
    Active
    APN
    R64859
    Size
    2,014 SF
    Lot size
    35.46 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Tile - Ceramic, Wood
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    New Traditional
    Additional Structures
    Barn(s), RV/Boat Storage, Stable(s)

    We can help!

    Listing Contact
    Joshua Jackson

    Listing agent Joshua Jackson License #0736393

    Listing office National Real Estate Assoc 440 Hwy 377 N #1201, Argyle, TX

    Listing date Mar 8, 2026

    MLS# 20773262 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.

    Overview

    Argyle Farm/Ranch Opportunity

    This property features 35 plus acres of unrestricted land with a 2,000 plus sqft home. The home overlooks the land and includes 3 bedrooms, 2 baths, a wood-burning fireplace, porte-cochère, dining room, living room, and covered patios. The land includes stock ponds and barns. This sale includes two parcels. Located in Argyle, Texas, the property is situated in an area that is primed to grow and is part of an award-winning school district. The property offers possibilities and opportunities to develop it.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Law Firm Auto Repair Shop Hair Salon Hotel & Motel Accounting Firm HVAC Service Daycare Center Clothing & Fashion Store (Bike/Boat/Book/etc) Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Argyle
    County
    Denton
    State
    Texas
    Longitude
    -97.14034
    Latitude
    33.145601

    Nearby Similar for Sale

    • $1,650,000
      3,805 SF

      Equestrian Ranch with Guest House

      5.05-acre Argyle ranch featuring main house, guest house, and barn.
      823 Frenchtown Road, Argyle, TX 76226
      View Details
    • $6,999,990
      5,974 SF

      Argyle Horse Property with Upgrades

      20-acre horse property with extensive facilities and remodeled custom home.
      806 Fm 407 E, Argyle, TX 76226
      View Details
    • $3,200,000
      4,394 SF

      Argyle Ranch Retreat with Party Barn

      Renovated Argyle ranch on 12.54 acres with modern amenities.
      708 Sam Davis Road, Argyle, TX 76226
      View Details
    • $4,975,000

      Argyle Commercial Potential on 25 Acres

      25 acres with kennel, home, barn, and commercial potential.
      6275 FM RD 1830, Argyle, TX 76226
      View Details
    • $2,585,000
      8,028 SF

      Argyle Area Farm/Ranch Opportunity

      11-acre property with multiple homes and commercial workshop.
      6645 Fm 1830 Road, Argyle, TX 76226
      View Details
    • $384,557
      1,677 SF

      New Two-Story Residential Property

      Two-story residential property featuring an open concept home design.
      1021 14th Street, Argyle, TX 76226
      View Details
    • $2,666,666

      NNN Ground Lease Opportunity

      20-year NNN ground lease within Alliance Texas development.
      14003 Corral City Dr, Argyle, TX
      View Details
    • Contact for pricing
      1,356 SF

      Downtown Argyle Office with Expansion

      Office in downtown Argyle with high visibility and expansion potential.
      102 Dallas St, Argyle, TX
      View Details
    • $3,685,000
      3,433 SF

      Argyle Office Building For Sale

      Office building with 3,433 square feet of space.
      1055 Market Way Rd, Argyle, TX
      View Details
    • Contact for pricing
      4,100 SF

      Retail

      NWC - I-35 & F.M. 407, Argyle, TX 76226
      View Details

    FAQs

    What type of property is this?
    Farm - 35+ acres with 2,000+ sqft home in Argyle, TX.
    Where is this farm located?
    The property is located at 8123 Hilltop Road Argyle, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 35+ acres of unrestricted land across two parcels.; Enjoy the 2,000+ sqft home overlooking the land.; Features 3 bedrooms and 2 bathrooms.
    (817) 823-0781
    We can help!
    Listing Contact
    Joshua Jackson
    Real Estate License ID: 0736393
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!