Fenced Industrial Property with
Tim Donald Justin, TX 76247
Tim Donald, Justin, TX, 76247
$749,500
For Sale
$749,500
LAND - Dish, TX
Property Size7,200 SF
Lot Size5.00 Acres
Price / SF$104.10
Days on Market47
Property Features for Tim Donald
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Grassed
- Fencing
- Fenced
- Standard status
- Active
- APN
- R133562
- Lot size
- 5.00 Acres
Taxes and HOA fees
- Tax Description
- MEADOW RANCH ADDN BLK 1 LOT 1 ACRES 5.00
- Tax Annual Amount
- 4119
Utilities
- Water source
- Well
Building Details
- Additional Structures
- Barn(s)
Listing Agency
Keller Williams Realty
(940) 484-9411
Denton, TX
Listed by
WAYLA LYLES · License #0430589
(940) 484-9411
Added: Jun 2 Checked: Jul 18 at 10:06 am
MLS# 21255053
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.
Investment Insights
Based on property information with market context.
This sale opportunity includes two separate shop buildings on fully fenced grounds with a gated entry. The first shop is 40x60 and fully insulated, with a half bath, an 11x12 storage room, and an 11x11 office space suited for on-site operations or a functional work area. Covered needs are supported by a 16x60 lean-to for additional storage. The second shop measures 48x100 and features three roll-up doors, creating convenient drive-in access for equipment, trailers, or business-related storage. An additional lean-to off to the side includes horse stalls, adding dedicated capacity for livestock.
Located in Dish, Texas (Denton County), the property spans 5 acres, providing room to run an operation, store assets, or accommodate animals, while maintaining controlled access through the gated entry.
This configuration can fit owner-operators seeking a combined workplace and storage setup, as well as buyers who want a small facility that can support both commercial activity and equestrian or livestock use. With multiple structures, covered storage, and roll-up door access, the site offers practical flexibility for a range of light industrial or agricultural-oriented uses.
Located in Dish, Texas (Denton County), the property spans 5 acres, providing room to run an operation, store assets, or accommodate animals, while maintaining controlled access through the gated entry.
This configuration can fit owner-operators seeking a combined workplace and storage setup, as well as buyers who want a small facility that can support both commercial activity and equestrian or livestock use. With multiple structures, covered storage, and roll-up door access, the site offers practical flexibility for a range of light industrial or agricultural-oriented uses.
Key Highlights
- Two shops on one fully fenced property, including a 40x60 insulated shop with half bath, 11x12 storage, and 11x11 office
- Second shop is 48x100 with three roll‑up doors for equipment, trailers, or business use
- Includes covered storage: 16x60 lean‑to plus an additional lean‑to with horse stalls
Local Financial Insights For Warehouse
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 | $57.9k | $8.04 |
| − Vacancy | −$5.1k | −$0.71 |
| EGI | $52.8k | $7.33 |
| − OpEx | −$7.9k | −$1.10 |
| NOI | $44.9k | $6.23 |
7,200 SF · lease $8.04/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$641.1K
$560.9K – $747.9K
NOI $44,875 @ 7.0% cap · market cap 5.99%
Second Best
Industrial
$527.9K
$462.0K – $615.9K
NOI $36,956 @ 7.0% cap · market cap 4.93%
Theoretical Best
Multifamily LT 5
$100.69M
$88.10M – $117.47M
NOI $7,048,150 @ 7.0% cap · market cap 940.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Horse & equestrian properties
Similar For Sale Nearby
FAQs
What type of property is this?
Horse & equestrian property - Two well-equipped, fenced shops with covered storage and horse stalls offer flexible space for business and livestock use.
Where is this horse & equestrian property located?
The property is located at Tim Donald Justin, TX.
What is the asking price?
The asking price for this property is $749,500.
What are key features of this property?
This property features: Two shops on one fully fenced property, including a 40x60 insulated shop with half bath, 11x12 storage, and 11x11 office; Second shop is 48x100 with three roll‑up doors for equipment, trailers, or business use; Includes covered storage: 16x60 lean‑to plus an additional lean‑to with horse stalls
