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    Wooded Estate Homesite Land Title is generated by Realmo AI

    21 Shady Oak Lane, Valley View, TX 76272

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    For Sale
    $224,900

    LAND - Valley View, TX

    Lot size:
    2.02 Acres
    Added:
    Dec 24, 2025
    Days on Market:
    164
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 21 Shady Oak Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    Lot size
    2.02 Acres

    We can help!

    Listing Contact
    Virginia Williams
    Virginia Williams

    Listing agent Virginia Williams License #0193449

    Listing office WILLIAMS & WILLIAMS, REALTORS Denton, TX

    Listing date Dec 24, 2025

    MLS# 20815825 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.

    HighLights

    • 2.01–2.76 acre lots available in a 26‑site residential community near Ray Roberts Lake
    • No HOA and no city taxes; low taxes reported
    • Utilities available: Mountain Spring Water, underground Pentex electric, and Nortex fiber optic cable
    • 2,500 SF minimum building size for new construction; money remains in escrow until concrete slab is poured and framing begins
    • 7‑minute drive to nearby small‑town amenities; minutes from I‑35 and Ray Roberts Lake
    • Pilot Point ISD; sellers offer a $10,000 bonus plus a $5,000 clearing fee for first two lot buyers who begin building within 3 months

    Overview

    This listing offers a 2.02-acre estate homesite with a natural setting of mature oak and pecan trees, plus sandy soil suited for animals and gardening. The property is positioned as part of an upscale residential community concept, with utilities available including Mountain Spring water, underground Pentex electric, and Nortex fiber optic cable. Development terms include a 2,500 building minimum, and funds remain in escrow until a concrete slab is poured and framing begins.

    Set just north of Ray Roberts Lake and minutes east of I-35, the homesite is designed for buyers seeking rural privacy with practical access to the DFW area and the DFW International Airport. The surrounding description also highlights nearby small-town amenities, with local dining, shopping, breweries, and recreation options within a short drive.

    This homesite fits well for buyers planning a larger custom build, especially those who want room for an estate-scale home and outdoor uses. The combination of no HOA and no city taxes is intended to keep ownership straightforward, while the wooded, creek-lot setting supports buyers looking for a slower, landscape-driven lifestyle near the lake. Pilot Point ISD is noted for the area, and sellers indicate flexibility for early-build buyers via a bonus and clearing fee if construction begins within the first three months.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Valley View
    County
    Cooke
    State
    Texas
    Longitude
    -97.2724
    Latitude
    33.5118

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    FAQs

    What type of property is this?
    Residential land & home lot - Estate-size wooded land near Ray Roberts Lake with utilities available and no HOA or city taxes.
    Where is this residential land & home lot located?
    The property is located at 21 Shady Oak Lane Valley View, TX.
    What is the asking price?
    The asking price for this property is $224,900.
    What are key features of this property?
    This property features: 2.01–2.76 acre lots available in a 26‑site residential community near Ray Roberts Lake; No HOA and no city taxes; low taxes reported; Utilities available: Mountain Spring Water, underground Pentex electric, and Nortex fiber optic cable
    (940) 383-2712
    We can help!
    Listing Contact
    Virginia Williams
    Virginia Williams
    Real Estate License ID: 0193449
    Learn More
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    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.

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