Two-Level Mixed-Use
For Sale
$499,999
1400 N Las Vegas Trail, White Settlement, TX 76108
CommercialSale, White Settlement, TX
Property Size1,904 SF
Price / SF$262.60
Days on Market168
Property Features for 1400 N Las Vegas Trail
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Open, Garage
Security features
Security
Subdivision
Motorplace Fwtx Condo Bldg 1
Directions
This property is GPS friendly!
Standard status
Active
APN
42707127
Taxes and HOA fees
Tax Description
MOTORPLACE FWTX CONDOS LOT UNIT 114 & 3.61% O
Tax Annual Amount
6333
Legal Description
MOTORPLACE FWTX CONDOS LOT UNIT 114 & 3.61% O
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Wall Unit(s), Electric, Ceiling Fan(s)
Water source
Public
Amenities
smart home automation
premium sound system
indoor basketball hoop
private balcony
Building Details
Year built
2020
Floors in Building
2
Number of units
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
John Zimmerman · License #0437098
(817) 247-6464
Added: Apr 23
Changed: Sep 16
Last Checked: Oct 7 at 8:06AM
MLS# 21100192
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.
This 1,904-square-foot mixed-use property presents a two-level configuration combining residential-style areas with substantial garage-oriented space. Completed in 2020, the property features an open layout, concrete flooring, smart-home automation, an integrated sound system, and an indoor basketball hoop. The upper level includes a living area and private balcony, while the main level accommodates vehicles, hobbies, and gatherings.
Located at 1400 N Las Vegas Trail in White Settlement, the property has garage and open parking. Building systems include electric and central heating, central air conditioning, ceiling fans, wall-unit cooling, public water, public sewer, and a metal roof.
Located at 1400 N Las Vegas Trail in White Settlement, the property has garage and open parking. Building systems include electric and central heating, central air conditioning, ceiling fans, wall-unit cooling, public water, public sewer, and a metal roof.
Key Highlights
- 1,904‑square‑foot mixed‑use property with two levels
- Main level combines garage‑style space with room for vehicles, hobbies, and gatherings
- Upper‑level living area with private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,389
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,780
$527.8K
Cap Rate 7%
$376,986
$377.0K
Cap Rate 9%
$293,211
$293.2K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$45.7K $24.00/SF
− Vacancy
−$10.5K −$5.52/SF
EGI
$35.2K $18.48/SF
− OpEx
−$8.8K −$4.62/SF
NOI
$26.4K $13.86/SF
Area
ZIP 76108
Vacancy
23.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,780
Cap Rate 7%
$376,986
Cap Rate 9%
$293,211
Alternative Uses
Best Use
Office B
$377.0K
$329.9K – $439.8K
NOI $26,389 @ 7.0% cap · market cap 5.28%
Second Best
Mixed Use
$359.0K
$314.2K – $418.9K
NOI $25,133 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$502.7K
$439.8K – $586.4K
NOI $35,186 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Automated interiors and garage-oriented space support living, hobbies, vehicles, and entertaining.
Where is this mixed-use property located?
The property is located at 1400 N Las Vegas Trail White Settlement, TX.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 1,904‑square‑foot mixed‑use property with two levels; Main level combines garage‑style space with room for vehicles, hobbies, and gatherings; Upper‑level living area with private balcony
