Gated Mixed-Use
For Sale
$2,999,000
383 County Road 3672 Springtown, Springtown, TX 76082
Unrestricted land use supports varied residential, event, guest accommodation, and recreational improvements.
Property Size10,136 SF
Lot Size39.26 Acres
Price / SF$300.89
Days on Market47
Property Features for 383 County Road 3672 Springtown
General Information
Standard status
Active
Size
10,136 SF
Lot size
39.26 Acres
Zoning
No Zoning- Unrestricted. Many uses possible. Buyer and Buyer's Agent to verify all information.
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$20,715
Amenities
pool house
laundry facility
event center
swings
covered porches
pergolas
gazebos
firepits
scenic bridge
walking trails
prayer and meditation areas
gathering spaces
outdoor chess set
putting green
half-court basketball area
open field for sports
outdoor showers
stocked pond
Building Details
Building Size
10,136 SF
Year Built
2011
Buildings
11
Stories
1
Listing Agency:
(800) 683-5651
Listed By:
Luagny Jomarron
(800) 683-5651
Source:
Jparhouston
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 29 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luagny Jomarron
Investment Insights
Based on property information with market context.
This 39.26-acre mixed-use property includes 9,967 square feet of improvements developed beginning in 2011. The compound contains four full residences, four studio-style guest units, a pool house, laundry facility, and an event center with two fireplaces, an on-site bar, a full kitchen, and separate service entrances. The sale conveys real estate only; no operating business is included.
Located 36 miles from downtown Fort Worth, the gated and fenced acreage combines rural surroundings with access to the city. The property has no zoning or use restrictions, although buyers and their representatives must verify intended uses and all property information.
Outdoor improvements include covered porches, pergolas, gazebos, firepits, a bridge, walking trails, prayer and meditation areas, gathering spaces, a life-size chess set, putting green, half-court basketball area, open sports field, two outdoor showers, and a stocked catch-and-release pond.
Located 36 miles from downtown Fort Worth, the gated and fenced acreage combines rural surroundings with access to the city. The property has no zoning or use restrictions, although buyers and their representatives must verify intended uses and all property information.
Outdoor improvements include covered porches, pergolas, gazebos, firepits, a bridge, walking trails, prayer and meditation areas, gathering spaces, a life-size chess set, putting green, half-court basketball area, open sports field, two outdoor showers, and a stocked catch-and-release pond.
Key Highlights
- 39.26 gated, fenced acres with no zoning or use restrictions
- 9,967 square feet of improvements developed beginning in 2011
- Four full residences plus four studio‑style guest units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$137,545
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,750,900
$2.8M
Cap Rate 7%
$1,964,929
$2.0M
Cap Rate 9%
$1,528,278
$1.5M
Market Conditions
NOI Build-Up for 9,967 SF
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.
Gross rent
$239.2K $24.00/SF
− Vacancy
−$19.1K −$1.92/SF
EGI
$220.1K $22.08/SF
− OpEx
−$82.5K −$8.28/SF
NOI
$137.5K $13.80/SF
Area
Parker County, TX
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,750,900
Cap Rate 7%
$1,964,929
Cap Rate 9%
$1,528,278
Alternative Uses
Best Use
Mixed Use
$1.96M
$1.72M – $2.29M
NOI $137,545 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$9.90M
$8.67M – $11.55M
NOI $693,267 @ 7.0% cap · market cap 23.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 76082, TX
21,514
Population
8,576
Households
2.5
Avg Household Size
40
Median Age
16%
College-Educated
87%
High-School Grad
102.8 sq mi
ZIP Area
209
Density / Sq Mi
$93,553
Median Household Income
$49,323
Median Earnings
$1,275
Median Rent
$277,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Unrestricted land use supports varied residential, event, guest accommodation, and recreational improvements.
Where is this mixed-use property located?
The property is located at 383 County Road 3672 Springtown Springtown, TX.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 39.26 gated, fenced acres with no zoning or use restrictions; 9,967 square feet of improvements developed beginning in 2011; Four full residences plus four studio‑style guest units
