Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Aledo, Texas Title is generated by Realmo AI

    Texas Prairie Trail lot 2F, Aledo, TX 76126

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

    LAND - Aledo, TX

    Lot size:
    1.05 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    71
    Last Refresh:
    Jun 3 at 10:06 am

    Property Features for Texas Prairie Trail lot 2F

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed, Wooded
    Standard status
    Active
    APN
    9999999999999
    Lot size
    1.05 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well
    Water front features
    Creek
    Water front
    1

    We can help!

    Listing Contact
    Rees Atkins

    Listing agent Rees Atkins License #0443430

    Listing office The Atkins Agency Aledo, TX

    Listing date Mar 25, 2026

    MLS# 21215925 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

    • 27 Lots Total
    • Phase II Prairie Hill
    • Highly Sought After Aledo ISD
    • Waterfront Features: Creek
    • Waterfront
    • Location: -97.362, 32.743217

    Overview

    This property features an unimproved land parcel located in Aledo, Texas. Situated within Phase II of Prairie Hill, the property consists of one of 27 lots. The location is within the highly sought-after Aledo Independent School District. The lot size is approximately 1.05 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Aledo
    County
    Parker
    State
    Texas
    Longitude
    -97.5094
    Latitude
    32.6428

    Nearby Similar for Sale

    • $599,000
      6,000 SF

      Aledo Warehouse with Residential Structure

      Versatile property with warehouse and residential structure near Aledo.
      2102 S Fm 5, Aledo, TX 76008
      View Details
    • $1,600,000

      Retail Building with Drive-Through

      Highly visible retail building currently leased by established tenants, with grandfathered drive-through capability.
      621 N FM 1187, Aledo, TX 76008
      View Details
    • $13,863,600
      2,595 SF

      Aledo Farm and Ranch Opportunity

      Rare 277+ acre property with farmhouse near Aledo, Texas.
      4823 Airport Road, Aledo, TX 76008
      View Details
    • $695,000

      Luxury Estate Home Lot

      Spacious hilltop lot in a gated community with private well and septic, ideal for a custom luxury build.
      2010 Hidden Bluff Drive, Aledo, TX 76008
      View Details
    • $269,000

      Gated Hilltop Homesite in Bear Creek

      Build within a gated community offering hilltop views, private well and septic options, and established custom-home standards.
      3061 Winding Creek Trail, Aledo, TX 76008
      View Details
    • $1,950,000

      AG Exempt Acreage Homesite

      Build on a 13-acre estate homesite with mature trees, a pond, and established well and electric.
      400 River Ranch Road, Aledo, TX 76008
      View Details
    • $335,000

      Luxury Hilltop Estate Lot

      A wooded, wide-front lot in a gated community with hilltop views, private well and septic, and builder flexibility.
      2027 Hidden Bluff Drive, Aledo, TX 76008
      View Details
    • $295,000

      Hilltop Estate Lot in Gated Community

      Estate-ready hilltop lot with driveway access and expansive views within a gated community, subject to HOA approval.
      2000 Hidden Bluff Drive, Aledo, TX 76008
      View Details
    • $245,000

      Creekside Luxury Estate Lot

      Rare creek lot in a gated community with private utilities, flexible building options, and clear exterior building requirements.
      3044 Winding Creek Trail, Aledo, TX 76008
      View Details
    • $295,000

      Gated Creekside Estate Lot

      Build in a gated community on a rare creek lot with privacy and hilltop views in a strong school district.
      3078 Winding Creek Trail, Aledo, TX 76008
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for sale in Aledo ISD.
    Where is this residential land & home lot located?
    The property is located at Texas Prairie Trail lot 2F Aledo, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 27 Lots Total; Phase II Prairie Hill; Highly Sought After Aledo ISD
    (817) 980-8321
    We can help!
    Listing Contact
    Rees Atkins
    Real Estate License ID: 0443430
    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
    Texas Prairie Trail lot: 2F, Aledo, TX 76126
    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!