Newly Renovated Office
721 Ranch House Road Willow Park, TX 76087
721 Ranch House Road, Willow Park, TX, 76087
$1,675,000
For Sale
$1,675,000
SINGLE_FAMILY - Willow Park, TX
Property Size7,000 SF
Lot Size1.00 Acre
Price / SF$239.29
Days on Market198
Property Features for 721 Ranch House Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R000093785
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Description
- ACRES: 1.000 LOT: 1 BLK: 1 SUBD: WILLOW PARK
- Tax Annual Amount
- 12279
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 20
- Flooring type
- Combination
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
eXp Realty, LLC
(888) 519-7431
Austin, TX
Listed by
Stacy Lynch · License #TX0329792
(888) 519-7431
Added: Dec 31, 2025 Checked: Jul 17 at 7:06 pm
MLS# 20846591
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.
A newly renovated office opportunity offering a 7,000 sf footprint with multiple space configurations available. The property is designed for flexibility, with the ability to build to suit and subdivide to fit a range of tenant needs, including 1,000 to 7,000 sf options. The space is positioned for businesses looking for a fresh, modern base from which to operate.
Conveniently located right in Willow Park, the property sits in a quiet area and is supported by plenty of parking. For tenants and operators, that combination can simplify day-to-day access for staff and visitors while maintaining a more manageable, neighborhood-oriented environment.
This offering is well suited for growing companies, professional services, and other office users seeking adaptability without giving up a newly renovated interior. The owner is an agent principal, and the property is available for either sale or lease, with competitive rates and negotiable terms. If you have a specific space plan in mind, the build-to-suit approach and subdivision flexibility make it easier to match the layout to your operating requirements.
Conveniently located right in Willow Park, the property sits in a quiet area and is supported by plenty of parking. For tenants and operators, that combination can simplify day-to-day access for staff and visitors while maintaining a more manageable, neighborhood-oriented environment.
This offering is well suited for growing companies, professional services, and other office users seeking adaptability without giving up a newly renovated interior. The owner is an agent principal, and the property is available for either sale or lease, with competitive rates and negotiable terms. If you have a specific space plan in mind, the build-to-suit approach and subdivision flexibility make it easier to match the layout to your operating requirements.
Key Highlights
- 7,000 SF newly renovated commercial space for sale or lease
- Multiple spaces available with flexible build‑to‑suit options; will subdivide 1,000–7,000 SF
- Year built 2005 with brick construction
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 | $153.7k | $21.96 |
| − Vacancy | −$35.4k | −$5.05 |
| EGI | $118.4k | $16.91 |
| − OpEx | −$29.6k | −$4.23 |
| NOI | $88.8k | $12.68 |
7,000 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,773 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$6.96M
$6.09M – $8.11M
NOI $486,894 @ 7.0% cap · market cap 29.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Flexible office space with build-to-suit options and plenty of parking in a quiet Willow Park setting.
Where is this office units located?
The property is located at 721 Ranch House Road Willow Park, TX.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 7,000 SF newly renovated commercial space for sale or lease; Multiple spaces available with flexible build‑to‑suit options; will subdivide 1,000–7,000 SF; Year built 2005 with brick construction
