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    Updated Office Building with Corner Lot Title is generated by Realmo AI

    757 Lonesome Dove Trail, Hurst, TX 76054

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    Claim this Listing
    New
    For Sale
    Under Contract
    $473,500

    SINGLE_FAMILY - Hurst, TX

    Type:Office
    Lot size:
    0.20 Acres
    Added:
    May 29, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 3 at 9:06 am

    Property Features for 757 Lonesome Dove Trail

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Parking Lot, Assigned
    Standard status
    Active Under Contract
    APN
    40266656
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Description
    LONESOME DOVE OFFICE PARK BLOCK 4 LOT 9A
    Tax Annual Amount
    9174

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Electric, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2004
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Martha Cao
    Martha Cao

    Listing agent Martha Cao License #0501784

    Listing office The Cao Realty Group Fort Worth, TX

    Listing date May 29, 2026

    MLS# 21240665

    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

    • Dual‑property offering at 757 & 765 Lonesome Dove Trail (adjacent parcels) with public utilities and established access
    • 757 Lonesome Dove Trail suited for office/retail/service use with a long hallway, large conference room, sink/mini kitchen, and office areas
    • 4 private offices total: 3 offices along the left hallway plus 1 office to the right of the conference room
    • 2 bathrooms, including one fully complete with a shower
    • Updates include NEW HVAC (July 2024), new luxury vinyl plank flooring (April 2024), fresh paint, new cabinets/sink with granite, new doors, and updated shower (June 2024)
    • Parking lot with 12 assigned parking spaces; roof is approximately 4 years old

    Overview

    This for-sale offering includes an updated office building at 757 Lonesome Dove Trail along with an adjacent vacant corner lot at 765 Lonesome Dove Trail. The interior features a long entry hallway that opens to a large conference room with a sink and mini kitchen area, plus one additional office to the right and three separate offices to the left for a total of four closed, private office areas. There are two bathrooms, including one fully complete with a shower.

    The property is located right off Precinct Line Road and minutes from Hwy 820 N, set in a quieter setting. The sale includes 12 parking spaces, and the combined configuration provides increased visibility and accessibility compared with a single structure.

    The building’s current layout and improvements make it a strong fit for an owner-user who wants ready-to-operate office space, or for an investor looking for a property with practical interior functionality. The adjacent vacant corner lot can support future expansion or additional development plans, helping broaden the long-term upside of the combined sites.
    Property Profile Location Intelligence

    Current Use by Public Records

    R H Sweeney ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hurst
    County
    Tarrant
    State
    Texas
    Longitude
    -97.183447
    Latitude
    32.884441

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    FAQs

    What type of property is this?
    Office units - Move-in-ready office space with modern updates, plus an adjacent vacant corner lot for added flexibility.
    Where is this office units located?
    The property is located at 757 Lonesome Dove Trail Hurst, TX.
    What is the asking price?
    The asking price for this property is $473,500.
    What are key features of this property?
    This property features: Dual‑property offering at 757 & 765 Lonesome Dove Trail (adjacent parcels) with public utilities and established access; 757 Lonesome Dove Trail suited for office/retail/service use with a long hallway, large conference room, sink/mini kitchen, and office areas; 4 private offices total: 3 offices along the left hallway plus 1 office to the right of the conference room
    (817) 896-0243
    We can help!
    Listing Contact
    Martha Cao
    Martha Cao
    Real Estate License ID: 0501784
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    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.

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