Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3501 Aaron Pl Lantana, TX 76226
    Back to Search
    Property profile & analytics

    3501 Aaron Pl, Lantana, TX 76226

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3501 Aaron Pl

    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents three spacious, two-bathroom townhomes located at 3501 Aaron Pl, Lantana, TX 76226, within the desirable Argyle ISD. Each unit boasts a generous three-bedroom, two-bathroom layout, highly sought after in the current market. The property is a new construction, offering the advantage of separately metered electric for each unit, simplifying utility management and potentially increasing rental income. The townhomes are situated in a rapidly developing area, promising significant future appreciation due to the growth of Argyle and Denton. The "buy one or buy them all" flexibility caters to various investment strategies, making this an attractive proposition for both individual and portfolio investors. The large unit size and prime location within Argyle ISD contribute to strong rental demand and potential for high occupancy rates. This multifamily property represents a compelling investment opportunity with substantial upside potential in a thriving Texas market. The asking price for this turnkey investment is $369,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lantana
    County
    Denton
    State
    Texas
    Longitude
    -97.1669
    Latitude
    33.1708

    Comparable in this City

    • Value Estimation by Request
      91 SF

      14007 Corral City Dr

      MOBILE HOME PARK, TRAILER PARK
      14007 Corral City Dr, Argyle, TX 76226-5720
      View Details
    • Value Estimation by Request

      3509 Aaron Pl

      Multifamily properties
      3509 Aaron Pl, Lantana, TX 76226
      View Details
    • Value Estimation by Request
      40.06 Acres

      Hickory Hill Rd

      Farms
      0 Hickory Hill Rd, Argyle, TX 76226
      View Details
    • Value Estimation by Request
      10.00 Acres

      7515 Faught Rd

      Land
      7515 Faught Rd, Argyle, TX 76226
      View Details
    • Value Estimation by Request
      12,000 SF

      Robson Ranch Rd

      Restaurants
      0 Robson Ranch Rd, Northlake, TX 76226
      View Details
    • Value Estimation by Request

      35W At Fm 407

      Land
      35W At Fm 407, Argyle, TX 76226
      View Details

    Similar Nearby for Sale

    • New
      $284,997
      0.43 Acres

      Residential Lots in Argyle, Texas

      Three lots with tenant-occupied mobile homes in Argyle ISD.
      6605 Oak Ridge Ln, Argyle, TX 76226
      View Details
    • $3,300,000
      3.00 Acres

      Apartments in Denton County Countryside

      Apartment complex in Argyle, TX, outside city limits.
      11351 Hilltop Rd, Argyle, TX 76226
      View Details
    • $3,300,000
      3.00 Acres

      Argyle Multifamily Investment Opportunity

      Apartment complex near Argyle, TX, offering quiet, spacious living.
      11351 Hilltop Rd, Argyle, TX 76226
      View Details
    • $275,000
      0.42 Acres

      Bartonville Land with Mobile Home

      Combined lots with mobile home, utilities in place, sold as-is.
      500 Oakwood Dr, Bartonville, TX 76226
      View Details
    • Contact for pricing
      Pending

      New Two-Story Residential Property

      Two-story residential property featuring an open concept home design.
      1021 14 St, Argyle, TX 76226
      View Details
    • $4,508,820
      250.49 Acres

      250 Acre Ranch Near DFW

      Prime Texas ranch land with highway access and development potential.
      000 Fm 51 Rd, Sanger, TX 76226
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,250 SF

      New Office Space Available

      New office space for lease in Northlake, Texas.
      7251 Canyon Falls Dr, Northlake, TX 76226
      View Details
    • Contact for pricing
      2,800 SF

      Flex Space Available For Rent

      Flex space featuring creative finish outs and grade-level doors.
      2126 Hamilton Dr, Argyle, TX 76226
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Building with Yard in Argyle

      Industrial building with yard, expansion potential, easy highway access.
      1315 Stonecrest Rd, Argyle, TX 76226
      View Details
    • $2,750 /Mo
      15,499 SF

      Argyle Retail/Office/Warehouse/Industrial Space

      Gated lot near Flower Mound & Argyle. Multiple uses.
      409 Copper Canyon Rd, Argyle, TX 76226
      View Details
    • $2,000 /Mo
      47,101 SF

      Sanger, TX Flex Warehouse

      Industrial flex warehouse for lease with easy Interstate 35 access.
      Tbd Utility Rd, Sanger, TX 76226
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at 100 Country Club Rd.
      100 Country Club Rd, Argyle, TX 76226
      View Details
    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.
    3501 Aaron Pl
    Lantana, TX 76226
    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
    3501 Aaron Pl, Lantana, TX, 76226
    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!