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Mixed-Use Property with Multiple Residences

1942 E Hickory Hill Rd, Argyle, TX 76226

For Sale
New
$4,200,000

Two parcels combine several residences with event, storage, and guest-accommodation space.

Property Size6,007 SF
Lot Size14.50 Acres
Price / SF$699.18
Days on Market2

Property Features for 1942 E Hickory Hill Rd

General Information

Standard status Active
Size 6,007 SF
Lot size 14.50 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Land Use agricultural, residential

Amenities

pool
decking
barn
stock pond
guest house
shop
studio apartment

Building Details

Year Built 2021
Stories 1
Listing Agency: Real Broker, LLC. Contact:
Listed By: Stephanie Wilson
Source: Sarahmorganrealestate
Added: Nov 12 Last Checked: Nov 12 at 2:13PM

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 Real Broker, LLC. Contact:

Rey
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Investment Insights

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Spanning 14.5 acres across two parcels, this mixed-use property includes several residences and a range of ancillary buildings. The modern farmhouse contains 2,486 square feet, 3 bedrooms, and 2 bathrooms, with vaulted ceilings, exposed beams, a stone fireplace, and a custom kitchen. A separate 3,521-square-foot home has 5 bedrooms and 4 bathrooms and is furnished for short-term rental use and small weddings. Furnishings may be included in a sale. Additional accommodations include a 489-square-foot guest house with a kitchen and a 406-square-foot studio apartment with a kitchen and full bath above a two-story shop. The shop is used for events and also provides storage space. A four-stall barn and stock pond are among the other property features.

The site is outside city limits, within Denton ISD, and is identified as ag-exempt. Approximately 8 acres are described as potentially developable. The property is located in Argyle.

Key Highlights

  • 14.5 acres across two parcels; approximately 8 acres described as potentially developable
  • 2,486‑square‑foot farmhouse with 3 bedrooms and 2 bathrooms
  • 3,521‑square‑foot residence with 5 bedrooms and 4 bathrooms, furnished for short‑term rentals and small weddings

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Building Supply Real Estate Agency Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 76226, TX

37,214
Population
13,668
Households
2.7
Avg Household Size
37
Median Age
65%
College-Educated
98%
High-School Grad
49.8 sq mi
ZIP Area
747
Density / Sq Mi
$170,530
Median Household Income
$81,274
Median Earnings
$3,088
Median Rent
$554,900
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two parcels combine several residences with event, storage, and guest-accommodation space.
Where is this mixed-use property located?
The property is located at 1942 E Hickory Hill Rd Argyle, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 14.5 acres across two parcels; approximately 8 acres described as potentially developable; 2,486‑square‑foot farmhouse with 3 bedrooms and 2 bathrooms; 3,521‑square‑foot residence with 5 bedrooms and 4 bathrooms, furnished for short‑term rentals and small weddings
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