Modern Office Building with
New
For Sale
$1,800,000
299 Eldorado Parkway, McKinney, TX 75069
SINGLE_FAMILY - McKinney, TX
Property Size5,000 SF
Lot Size0.47 Acres
Price / SF$360
Days on Market4
Property Features for 299 Eldorado Parkway
General Information
Property type
Residential
Property subtype
Office
Zoning description
Commercial Office
Parking features
Parking Lot
Subdivision
Bogard Add
Lot features
Greenbelt, Irregular Lot, Landscaped
View
Park
Directions
I 75 North to Eldorado Parkway, turn Right (East), Turn right at Light (S. College Street) into parking lot. Pass Styx restaurant and proceed to back of lot.
Standard status
Active
APN
R1162000A003R1
Lot size
0.47 Acres
Taxes and HOA fees
Tax Description
BOGARD ADDITION (CMC), BLK A, LOT 3R; (REPLAT
Legal Description
BOGARD ADDITION (CMC), BLK A, LOT 3R; (REPLAT
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Amenities
patio
Building Details
Year built
2020
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick, StoneVeneer
Roof type
Metal
Listing Agency:
OnDemand Realty
(214) 766-5833
Listed By:
Bill Oglesby · License #0727408
(214) 766-5833
Added: Jul 29
Changed: Jul 31
Last Checked: Aug 1 at 3:06PM
MLS# 21344435
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.
Modern farmhouse-style office building designed for flexible professional use, with a modern open layout and high-quality finishes. The building includes an office area plus over 800 SF of additional storage that can support expanded offices, meeting rooms, or specialized work areas as needs change. Interior flooring is concrete, and the property is built with brick and stone veneer under a metal roof. Heating is electric, with central air, electric cooling, and ceiling fans.
The site spans 0.474 acres and features 12 dedicated parking spaces directly in front of the building, with additional parking in back. A scenic, functional patio overlooks the heavily wooded Wilson Creek Park, creating an outdoor break area for employees and visitors. The property is positioned near major freeways, Historic Downtown McKinney Square, and the expanding McKinney National Airport.
Public utilities are available, including public water and public sewer, supporting an efficient operation for a range of office users.
The site spans 0.474 acres and features 12 dedicated parking spaces directly in front of the building, with additional parking in back. A scenic, functional patio overlooks the heavily wooded Wilson Creek Park, creating an outdoor break area for employees and visitors. The property is positioned near major freeways, Historic Downtown McKinney Square, and the expanding McKinney National Airport.
Public utilities are available, including public water and public sewer, supporting an efficient operation for a range of office users.
Key Highlights
- Office building totaling 5000 SF with additional storage over 800 SF
- 0.474‑acre site with a patio overlooking Wilson Creek Park
- 12 dedicated parking spaces in front, plus additional parking in back
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.8k | $21.96 |
| − Vacancy | −$24.2k | −$4.83 |
| EGI | $85.6k | $17.13 |
| − OpEx | −$21.4k | −$4.28 |
| NOI | $64.2k | $12.85 |
5,000 SF · lease $21.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$917.6K
$802.9K – $1.07M
NOI $64,233 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,400 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 75069, TX
39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Modern farmhouse-style office building with a patio view, concrete floors, electric HVAC, and 12 front parking spaces.
Where is this office building located?
The property is located at 299 Eldorado Parkway McKinney, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Office building totaling 5000 SF with additional storage over 800 SF; 0.474‑acre site with a patio overlooking Wilson Creek Park; 12 dedicated parking spaces in front, plus additional parking in back
