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    Light-Filled Office Suite Title is generated by Realmo AI

    905 Heather Drive, Euless, TX 76040

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    For Lease
    $1,500/Mo $18 SF/Yr (calc)

    COMMERCIAL - Euless, TX

    Type:Office
    Property size:
    1,000 SF
    Lot size:
    0.47 Acres
    Added:
    Dec 27, 2025
    Days on Market:
    158
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 905 Heather Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    07923805
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Description
    CRESTHAVEN ADDITION BLOCK 1 LOT 9R

    Utilities

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

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile
    Building materials
    StoneVeneer, Stucco
    Roof type
    Shingle

    We can help!

    Listing Contact
    Terrina Lloyd-Salazar

    Listing agent Terrina Lloyd-Salazar License #0665233

    Listing office DFW Urban Realty, LLC Dallas, TX

    Listing date Dec 27, 2025

    MLS# 21070039

    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

    • 1,000 SF professional office unit with three private offices, large reception area, breakroom, and a flexible room for conference or office use
    • Single‑level access with convenient surface parking and an inviting entry
    • Common‑area restrooms are maintained by the landlord
    • Built in 2001 with tile flooring and shingle roof
    • Central heating and central air conditioning with electric heating and cooling, plus ceiling fans
    • Public water and public sewer

    Overview

    This professional office suite spans approximately 1,000 SF and is designed for a functional day-to-day office workflow. The space features three private offices, a large reception area for client-facing needs, a comfortable breakroom, and an additional flexible room that can work as a conference area, storage, or extra office space. Natural light is a notable part of the layout, and common-area restrooms are maintained by the landlord to support a clean, welcoming environment.

    The building offers convenient, single-level access with surface parking, along with an inviting entry. The location provides quick access to major routes including Airport Freeway, Hwy 360, Hwy 10, Hwy 30, and Loop 820. Nearby options can support client entertainment and team activities, including a golf course and conference center, as well as an ice rink and sports center across the street.

    This suite should suit professional users seeking private offices without sacrificing shared, client-ready space. The combination of reception, multiple rooms, and flexible use makes it a practical fit for teams that need both meeting and day-to-day workspace, with landlord-maintained common restrooms adding ease for occupants and visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Euless
    County
    Tarrant
    State
    Texas
    Longitude
    -97.107479
    Latitude
    32.824509

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    FAQs

    What type of property is this?
    Office units - A 1,000 SF suite with three private offices, a reception area, and flexible space supported by maintained common restrooms.
    Where is this office units located?
    The property is located at 905 Heather Drive Euless, TX.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    What are key features of this property?
    This property features: 1,000 SF professional office unit with three private offices, large reception area, breakroom, and a flexible room for conference or office use; Single‑level access with convenient surface parking and an inviting entry; Common‑area restrooms are maintained by the landlord
    (214) 764-4124
    We can help!
    Listing Contact
    Terrina Lloyd-Salazar
    Real Estate License ID: 0665233
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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.

    More about this property
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