602-2601 Little Elm Pkwy Little Elm, TX 75068
1,250 SF office condo in Little Elm, TX for sale.
Property Features for 602-2601 Little Elm Pkwy
General Information
- Standard status
- Active
- Size
- 1,250 SF
Listing office Keller Williams Frisco Stars (972) 712-9898
Listing date Mar 13, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Immediate income from a stable tenant already in place.
- Located in the rapidly growing Little Elm/Frisco corridor near FM 423.
- Low‑maintenance ownership with HOA covering exterior maintenance, water, sewer, trash, CAM, and building insurance.
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 | $30.9k | $24.72 |
| − Vacancy | −$7.7k | −$6.18 |
| EGI | $23.2k | $18.54 |
| − OpEx | −$5.8k | −$4.64 |
| NOI | $17.4k | $13.91 |
