Financial
Distress signals
Property profile

2405 Fm 423 Little Elm, TX 75068

OFF-MARKET
Other commercial real estate
Property ID
US83-1915293
9,344 SF 0.7 ac lot Built 2004
Last sale Jul 2006
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail center totaling 9,144 square feet, located on FM 423 just south of Eldorado Parkway in a high-growth area. It provides access to the Dallas North Tollway and the Lake Lewisville Toll Bridge, with nearby recreational amenities including golf clubs and Lake Lewisville. The retail center is configured to offer multiple leasable spaces, with unit sizes beginning at approximately 1,800 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value · 2024$2.64M
Assessed land$547k
Assessed improvement$2.10M
Effective rate1.85%

Value estimate

· Sep 2026
$1.23M
$1.11M – $1.35M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDENTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.4
Carpet & Flooring Store9.1
Electrical Service8.8

Location

2405 Fm 423 Little Elm, TX 75068-6665
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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