Development Land With Approved
5148 Treepoint Drive, Arlington, TX 76017
- Added:
- Mar 29, 2026
- Days on Market:
- 67
- Last Refresh:
- Jun 3 at 10:06 am
Property Features for 5148 Treepoint Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 43134494
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Description
- HIGHPOINT ADDITION BLOCK 3 LOT 3B
- Tax Annual Amount
- 11617
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1987
Listing agent Vipul Raval License #0589775 (817) 929-9259
Listing office MAXWORTH REAL ESTATE GROUP LLC Colleyville, TX (817) 929-9259
Listing date Mar 29, 2026
MLS# 20868427
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
- 2.284‑acre lot with an existing 3,500 SF office building and an adjacent treed lot at 5150 Tree point Drive
- Approved and registered site plan drawings and platting for 9 plats (custom home development project)
- Approved plat calls for 9 lots with a minimum 7,200 SF per lot
- Public water and public sewer available
- Tree survey, topo survey, and site development plans to be provided after contract
- Year built: 1987 (office building)
Overview
This offering includes a land parcel with an existing office building and an adjacent treed lot. The office is approximately 3,500 square feet and sits on the property with additional trees on the neighboring portion. The seller also references site plan drawings and platting for nine plats that are approved and registered, supported by available documentation for future development planning.
The property is located at 5148 Treepoint Drive in Arlington, Texas. The total package is described as approximately 2.284 acres, with each proposed lot indicated as a minimum 7,200 square feet, providing room for larger backyards. The seller notes that tree and topographic surveys, along with site development plans, will be available after contract.
Designed for developers and custom home builders, this setup can support a controlled subdivision approach with nine minimum-size home sites. If you are planning horizontal work and vertical construction, the approved and registered platting may help streamline the path to building, including custom projects and potential spec homes within the approved layout. The combination of office space and treed acreage can also appeal to buyers looking for flexibility while they plan and prepare the development.
The property is located at 5148 Treepoint Drive in Arlington, Texas. The total package is described as approximately 2.284 acres, with each proposed lot indicated as a minimum 7,200 square feet, providing room for larger backyards. The seller notes that tree and topographic surveys, along with site development plans, will be available after contract.
Designed for developers and custom home builders, this setup can support a controlled subdivision approach with nine minimum-size home sites. If you are planning horizontal work and vertical construction, the approved and registered platting may help streamline the path to building, including custom projects and potential spec homes within the approved layout. The combination of office space and treed acreage can also appeal to buyers looking for flexibility while they plan and prepare the development.
Local 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 | $84.0k | $24.00 |
| − Vacancy | −$18.5k | −$5.28 |
| EGI | $65.5k | $18.72 |
| − OpEx | −$16.4k | −$4.68 |
| NOI | $49.1k | $14.04 |
3,500 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$702.0K
$614.3K – $819.0K
NOI $49,140 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$960.0K
$840.0K – $1.12M
NOI $67,200 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Southwestern District-Christian
Church
Texas Title Loans
Loan Service
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.204133
- Latitude
- 32.66321
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Two-lot offering with an on-site office and approved platting for custom home development across nine minimum-size lots.
Where is this residential land & home lot located?
The property is located at 5148 Treepoint Drive Arlington, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2.284‑acre lot with an existing 3,500 SF office building and an adjacent treed lot at 5150 Tree point Drive; Approved and registered site plan drawings and platting for 9 plats (custom home development project); Approved plat calls for 9 lots with a minimum 7,200 SF per lot
