Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1340 White Chapel Blvd Southlake, TX 76092-4322
    Back to Search
    Property profile & analytics

    1340 White Chapel Blvd, Southlake, TX 76092-4322

    View on Map
    • Medical Office Space
    • 5,478 SF
    • 0.39 lot acres
    Off-Market
    Property ID
    US83-3992783
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 1340 White Chapel Blvd

    Year built
    2005
    Lot size
    0.39 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    19103--13R2
    APU
    1910313R2

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 29, 2025 — A & S Hickman Properties LLC Bengtoson Properties LLC Deed $1.9M · Live Oak Banking Company
    Mar 23, 2016 — Bengtson Properties LLC Bengtson Properties LLP Quit Claim Deed —
    Dec 13, 2010 — Properties LLP Bengtson Bengtson,scott & Michelle Quit Claim Deed $788k · Prosperity Bank
    Sep 22, 2006 — Properties LLP Bengtson Parker Pearson Grant Deed $1.1M · Compass Bank
    — — Bengtson Properties LLC — Loan Modification · related $656k · Prosperity Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1518
    Latitude
    32.9585
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,520
    $68,824
    $1,386,176
    $1,455,000
    -
    $68,824
    $1,386,176
    $1,455,000

    Comparable in this City

    • Value Estimation
      $1,755,000
      38,878 SF

      731 Southlake Blvd

      MEDICAL BUILDING
      731 Southlake Blvd, Southlake, TX 76092-6377
      View Details
    • Value Estimation
      $1,000,000
      12,920 SF

      351 Southlake Blvd

      MEDICAL BUILDING
      351 Southlake Blvd, Southlake, TX 76092-6141
      View Details
    • Value Estimation by Request
      3,022 SF

      125 Davis Blvd

      MEDICAL BUILDING
      125 Davis Blvd, Southlake, TX 76092-8209
      View Details
    • Value Estimation by Request
      5,796 SF

      1360 Kimball Ave

      MEDICAL BUILDING
      1360 Kimball Ave, Southlake, TX 76092-4746
      View Details
    • Value Estimation by Request
      5,884 SF

      271 Southlake Blvd

      MEDICAL BUILDING
      271 Southlake Blvd, Southlake, TX 76092-6271
      View Details
    • Value Estimation by Request
      4,142 SF

      2320 Southlake Blvd

      MEDICAL BUILDING
      2320 Southlake Blvd, Southlake, TX 76092-6715
      View Details

    Similar Nearby for Sale

    • $2,310,000
      6,000 SF

      Class A Medical Office Development

      Class A two-building medical development with flexible suite sizes, delivering Spring 2025 in Southlake.
      731 Zena Rucker Rd, Southlake, TX 76092
      View Details
    • $1,185,000
      2.25 Acres

      Class A Medical Office Development

      Two-building Class A medical development delivers Spring 2025 with space options designed for healthcare tenants.
      731 Zena Rucker Rd, Southlake, TX 76092
      View Details
    • Contact for pricing
      6,000 SF

      Class A Medical Development

      Medical office space for sale, delivering Spring 2025.
      731 Zena Rucker Rd, Southlake, TX 76092
      View Details
    • $1,755,000
      2.25 Acres

      Class A Medical Office Development

      Two-building medical campus delivering Spring 2025 with suites from 2,900 to 11,400 sf.
      731 Zena Rucker Rd, Southlake, TX 76092
      View Details
    • Contact for pricing
      9,400 SF

      Medical Office Portfolio in Southlake

      Six-building medical office portfolio with high visibility in Southlake, TX.
      2520 E State Highway 114, Southlake, TX 76092
      View Details
    • Contact for pricing
      9,400 SF

      Southlake Medical Office Portfolio

      Medical office space for lease in Southlake, Texas.
      2560 E State Highway 114, Southlake, TX 76092
      View Details

    Similar Nearby for Lease

    • $550 /Mo
      26,310 SF

      Executive Office Suites

      Lease up to five executive suites with shared amenities, ideal for wellness and other professional services.
      175 Miron Dr, Southlake, TX 76092
      View Details
    • Contact for pricing
      1,660 SF

      Southlake Executive Office Suites For Lease

      Executive office suites in Southlake's premier commercial district.
      175 Miron Dr, Southlake, TX 76092
      View Details
    • Contact for pricing

      Southlake Medical Office Space Available

      Class A medical office space in thriving Southlake, Texas.
      245 W State Highway 114, Southlake, TX 76092
      View Details
    • Contact for pricing
      1,545 SF

      Move-In Ready Medical Office Space

      Turnkey medical office space with building signage and ample parking.
      2813 W Southlake Blvd, Southlake, TX 76092
      View Details
    • Contact for pricing
      2,914 SF

      Southlake Medical/Office Condo Available

      Medical/Office condo with signage and tenant improvement allowance.
      3055 W Southlake Blvd, Southlake, TX 76092
      View Details
    • Contact for pricing
      3,205 SF

      Southlake Medical/Office Condo Available

      Medical/office condo with signage and tenant improvement allowance in Southlake.
      3065 W Southlake Blvd, Southlake, TX 76092
      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.
    1340 White Chapel Blvd
    Southlake, TX 76092-4322
    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
    1340 White Chapel Blvd, Southlake, TX, 76092
    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!