Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land in Flower Mound Title is generated by Realmo AI

    6201 Stone Hill Farms Parkway, Flower Mound, TX 75028

    View on Map
    Claim this Listing
    New
    For Sale
    $1,250,000

    Unimproved Land - Flower Mound, TX

    Type:Unimproved Land
    Lot size:
    2.07 Acres
    Added:
    May 19, 2026
    Days on Market:
    5
    Last Refresh:
    May 23 at 10:06 pm

    Property Features for 6201 Stone Hill Farms Parkway

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R982416
    Lot size
    2.07 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Elizabeth Phillips

    Listing agent Elizabeth Phillips License #0752268

    Listing office Central Metro Realty 15808 Ranch Road 620 N, Austin, TX

    Listing date May 19, 2026

    MLS# 21226687 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

    • Prime 2‑acre commercial tract in the high‑income Stone Hill Farms corridor.
    • Excellent visibility off heavily traveled Justin Road (FM 407).
    • Zoned C‑2 Commercial with Planned Development (PD) overlay for flexible development options.
    • Surrounded by strong residential growth and expanding commercial development.
    • Rare opportunity in a supply‑constrained market.
    • Ideal for immediate development or long‑term investment in a high‑appreciation area.

    Overview

    This 2.066-acre commercial land is located in the Stone Hill Farms corridor off Justin Road (FM 407) in Flower Mound, Texas. The site benefits from strong residential growth and expanding commercial development, offering visibility and long-term potential. Zoned C-2 Commercial with a Planned Development (PD) overlay, the property allows for a variety of potential uses, including retail, office, medical, restaurant, service businesses, and other commercial applications. Buyers should verify specific uses with the Town of Flower Mound. The PD overlay provides additional development flexibility. This commercial tract is located in a high-income market and is suitable for immediate development or long-term investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flower Mound
    County
    Denton
    State
    Texas
    Longitude
    -97.0519464
    Latitude
    33.0679244

    Nearby Similar for Sale

    • $3,200,000

      Flower Mound Office Asset

      Class B office building with income and lease-up potential.
      3605 Yucca Drive, Flower Mound, TX 75028
      View Details
    • $1,900,000

      Garden Style Office Development

      Office development in Lakeside Business District, Flower Mound, Texas.
      1001 Long Prairie Road, Flower Mound, TX 75022
      View Details
    • $6,999,999
      8,351 SF

      Flower Mound Multi-Family Estate

      Elegant multi-family estate on six acres near DFW Airport.
      1208 Oak Drive, Flower Mound, TX 75028
      View Details
    • $650,000

      Flower Mound Land With Improvements

      1.8+ acre lot with prime build sites and lake views.
      3440 Lakewood Lane, Flower Mound, TX 75022
      View Details
    • $3,750,000

      Lakefront Homesite on Grapevine Lake

      Rare 3.68-acre peninsula lot with 1,200 feet of shoreline.
      6204 Shoreview Court, Flower Mound, TX 75022
      View Details
    • $750,000

      Land Opportunity in Flower Mound

      Prime land in Flower Mound, Texas, with endless possibilities.
      3800 Old Settlers Road, Flower Mound, TX 75022
      View Details
    • $1,245,000

      Flower Mound Land with Mobile Home

      4.38 acres in Flower Mound with a mobile home.
      6901 Hawk Road, Flower Mound, TX 75022
      View Details
    • $900,000

      Commercial Land in Flower Mound

      Premier commercial land at a prominent Flower Mound intersection.
      101 Gerault RDE (FM2499) Road, Flower Mound, TX 75022
      View Details
    • $775,000

      Flower Mound Acreage in Chateau Du Lac

      One acre lot in gated Flower Mound community.
      2012 La Salle, Flower Mound, TX 75022
      View Details
    • $318,000

      Creek-Side Lot in Flower Mound

      Private 0.351-acre lot backing to Timber Creek.
      3434 Elm Street, Flower Mound, TX 75028
      View Details
    • $345,000

      Flat Lot Near Lake Grapevine

      Rare flat lot near Lake Grapevine, build your dream home!
      3475 High Road, Flower Mound, TX 75022
      View Details
    • $1,150,000

      Flower Mound Wooded Homesite Opportunity

      2.25-acre wooded lot in prestigious Château du Lac community.
      5901 Rue Jordan, Flower Mound, TX 75022
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2-acre commercial land in high-growth Flower Mound, Texas.
    Where is this commercial land located?
    The property is located at 6201 Stone Hill Farms Parkway Flower Mound, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Prime 2‑acre commercial tract in the high‑income Stone Hill Farms corridor.; Excellent visibility off heavily traveled Justin Road (FM 407).; Zoned C‑2 Commercial with Planned Development (PD) overlay for flexible development options.
    (512) 454-6873
    We can help!
    Listing Contact
    Elizabeth Phillips
    Real Estate License ID: 0752268
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6201 Stone Hill Farms Parkway, Flower Mound, TX 75028
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!