Multi-Residence Mixed-Use
For Sale
$2,999,000
Springtown, TX 76082, Springtown, TX 76082
CommercialSale, Springtown, TX
Property Size9,967 SF
Lot Size39.26 Acres
Price / SF$300.89
Days on Market90
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
No Zoning- Unrestricted. Many uses possible. Buyer and Buyer's Agent to verify all information.
Parking features
Garage
Security features
Security
Fireplace
1
Lot features
Acreage, Landscaped, Pasture, Pond On Lot, Many Trees
View
Park
Standard status
Active
Size
9,967 SF
Lot size
39.26 Acres
Taxes and HOA fees
Tax Annual Amount
20715
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Fireplace(s), Electric (Heating)
Cooling system
Ceiling Fan(s), Window Unit(s), Electric, Multi Units, Central Air
Water source
Private, Well
Amenities
pool house
laundry facility
event center
fireplaces
on-site bar
kitchen
swings
covered porches
pergolas
gazebos
firepits
scenic bridge
walking trails
prayer and meditation areas
life-size outdoor chess set
putting green
half-court basketball area
open field
outdoor showers
stocked pond
Building Details
Year built
2011
Floors in Building
1
Number of units
8
Flooring type
Combination
Roof type
Metal
Listing Agency:
Texas Legacy Realty
(817) 312-6165
Listed By:
Barbee Harris · License #0813308
(817) 312-9545
Added: Jul 17
Changed: Oct 8
Last Checked: Oct 14 at 12:06PM
MLS# 20971693
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.
Set on 39.26 gated, fenced acres, this 9,967-square-foot mixed-use property includes four residences, four studio-style guest units, a pool house, a laundry facility, and an event center. The event center has two fireplaces, a bar, a full kitchen, and separate service entrances. Improvements were added in 2011, 2012, 2014, and 2015. The property is offered as real estate only; no operating business is included.
The grounds feature covered porches, pergolas, gazebos, firepits, walking trails, a scenic bridge, and gathering areas. Recreational amenities include a stocked catch-and-release pond, putting green, half-court basketball area, outdoor chess set, and open sports field. The property is 36 miles from downtown Fort Worth and has private well water and a septic system.
The acreage is unrestricted, with no zoning or use restrictions stated. Individual buildings may be leased independently, subject to the intended use. Other features include two outdoor showers and garage parking.
The grounds feature covered porches, pergolas, gazebos, firepits, walking trails, a scenic bridge, and gathering areas. Recreational amenities include a stocked catch-and-release pond, putting green, half-court basketball area, outdoor chess set, and open sports field. The property is 36 miles from downtown Fort Worth and has private well water and a septic system.
The acreage is unrestricted, with no zoning or use restrictions stated. Individual buildings may be leased independently, subject to the intended use. Other features include two outdoor showers and garage parking.
Key Highlights
- 39.26 gated, fenced acres with no zoning or use restrictions
- 9,967‑square‑foot property with four residences and four studio‑style guest units
- Event center features two fireplaces, an on‑site bar, full kitchen, and service entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,545
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,750,900
$2.8M
Cap Rate 7%
$1,964,929
$2.0M
Cap Rate 9%
$1,528,278
$1.5M
Market Conditions
NOI Build-Up for 9,967 SF
Gross rent
$239.2K $24.00/SF
− Vacancy
−$19.1K −$1.92/SF
EGI
$220.1K $22.08/SF
− OpEx
−$82.5K −$8.28/SF
NOI
$137.5K $13.80/SF
Area
Parker County, TX
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,750,900
Cap Rate 7%
$1,964,929
Cap Rate 9%
$1,528,278
Alternative Uses
Best Use
Mixed Use
$1.96M
$1.72M – $2.29M
NOI $137,545 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$9.90M
$8.67M – $11.55M
NOI $693,267 @ 7.0% cap · market cap 23.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
8
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 76082, TX
21,514
Population
8,576
Households
2.5
Avg Household Size
40
Median Age
16%
College-Educated
87%
High-School Grad
102.8 sq mi
ZIP Area
209
Density / Sq Mi
$93,553
Median Household Income
$49,323
Median Earnings
$1,275
Median Rent
$277,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A gated acreage property combines multiple residences, guest studios, and an event center with extensive outdoor amenities.
Where is this mixed-use property located?
The property is located at Springtown, TX.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 39.26 gated, fenced acres with no zoning or use restrictions; 9,967‑square‑foot property with four residences and four studio‑style guest units; Event center features two fireplaces, an on‑site bar, full kitchen, and service entrances
