Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    142 Old Town N Blvd Lantana, TX 76226-3989
    Back to Search
    Property profile & analytics

    142 Old Town N Blvd, Lantana, TX 76226-3989

    View on Map
    • Office Spaces
    • 4,146 SF
    • 2.06 lot acres
    Off-Market
    Property ID
    US83-1681970
    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
    $880,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 142 Old Town N Blvd

    Year built
    2013
    Lot size
    2.06 lot acres
    Property type
    Office Spaces
    APN
    R299104
    APU
    R299104

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 18, 2025 — Wdw 10 LLC — Deed · related $1M · First Financial Bank A Texas Banking Ass
    Feb 14, 2020 — Argyle Old Town LLC — Deed · related $932k · Guaranty Bk
    Jan 30, 2014 — Argyle Old Town LLC Argyle Town Square Ptrs Ltd Quit Claim Deed · related $648k · Southwest Bk
    — — Argyle Old Town LLC — Deed Of Trust · related $932k · Guaranty Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,025,000
      6.5%
      $945,000
      7%
      $880,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $813,000
      Market price range: $649k - $1.13M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lantana
    County
    Denton
    State
    Texas
    Longitude
    -97.1865
    Latitude
    33.116
    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
    $16,681
    $145,073
    $759,560
    $904,633
    -
    $145,073
    $759,560
    $904,633

    Comparable in this City

    • Value Estimation by Request
      12,000 SF

      Robson Ranch Rd

      Restaurants
      0 Robson Ranch Rd, Northlake, TX 76226
      View Details
    • Value Estimation by Request
      13,412 SF

      1642 Fm 407

      Office Units
      1642 Fm 407, Argyle, TX 76226
      View Details
    • Value Estimation
      $670,000
      4,104 SF

      130 Old Town S Blvd

      CONDOMINIUM OFFICES
      130 Old Town S Blvd, Lantana, TX 76226-3965
      View Details
    • Value Estimation
      $575,000
      3,230 SF

      140 Old Town N Blvd

      CONDOMINIUM OFFICES
      140 Old Town N Blvd, Lantana, TX 76226-3954
      View Details
    • Value Estimation by Request
      2,578 SF

      144 Old Town N Blvd

      CONDOMINIUM OFFICES
      144 Old Town N Blvd, Lantana, TX 76226-3994
      View Details
    • Value Estimation by Request
      0.48 Acres

      Argyle, TX 76226

      CONDOMINIUM OFFICES
      Argyle, TX 76226
      View Details

    Similar Nearby for Sale

    • $675,000
      1,302 SF

      Argyle Office Building - High Visibility

      Prime Argyle location, high traffic, office/retail zoned.
      606 Highway 377, Argyle, TX 76226
      View Details
    • Contact for pricing
      1,356 SF

      Downtown Argyle Office with Expansion

      Office in downtown Argyle with high visibility and expansion potential.
      102 Dallas St, Argyle, TX 76226
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Ready to build pad site in Argyle, Texas.
      1730 Old Justin Rd, Argyle, TX 76226
      View Details
    • Contact for pricing
      3,433 SF

      Argyle Office Building For Sale

      Office building with 3,433 square feet of space.
      1055 Market Way Rd, Argyle, TX 76226
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Ready to build 1.2-acre pad site in Argyle, TX.
      1730 Old Justin Rd, Argyle, TX 76226
      View Details
    • Contact for pricing

      Land with High Visibility

      Land suitable for various uses with utilities available.
      816 Us Highway 377 N, Argyle, TX 76226
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      47,101 SF

      Industrial Flex Warehouse Suite

      Industrial flex warehouse with office and restroom, city water and sewer, and grade-level loading for straightforward tenant operations.
      Utility Rd, Sanger, TX 76226
      View Details
    • Contact for pricing
      15,500 SF

      Versatile Space in Central Location

      Gated lot suitable for retail, office, warehouse, or industrial use.
      409 Copper Canyon Rd, Argyle, TX 76226
      View Details
    • Contact for pricing
      1,366 SF

      Argyle Office/Retail Space Available

      Office/Retail space available for rent in Argyle, Texas.
      144 N Old Town Blvd, Argyle, TX 76226
      View Details
    • $36 SF/Yr
      12,000 SF

      Northlake Office Space For Lease

      Modern Medical/Office Suites in Northlake, TX
      0 Robson Ranch Rd, Northlake, TX 76226
      View Details
    • Contact for pricing

      Affordable Industrial Units For Lease

      Office and warehouse units in high-growth Northern DFW area.
      308 Fm 1830, Argyle, TX 76226
      View Details
    • 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
    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.
    142 Old Town N Blvd
    Lantana, TX 76226-3989
    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
    142 Old Town N Blvd, 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!