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$1,615,509

NAL Estimated Property Value

409 S Highway 377 Highway, Argyle, TX, 76226

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,770 Sq Ft
RetailRetail
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Hardwood

Exterior

Lot Size1.97 acres

Building Information

Year Built1980
Stories1

Land Information

APNR67114 01
SubdivisionS.A. Chambers
Land UseReal, Commercial
Legal DescriptionA0308A S.A. CHAMBERS, TR 20(PT), 1.9707 ACRES, OLD DCAD TR #3G OLD DCAD TR #3G
Census Tract020316
Assessed Land Value$1,287,655
Assessed Improvement Value$327,854
Assessment Year2024

About this property

Discover a rare opportunity to own nearly two acres of prime commercial real estate in the thriving heart of Argyle, TX. This property features four charming buildings, each brimming with character, and is perfectly positioned to take advantage of the exceptional growth potential in the area. Adjoining the new city park of Argyle, this location offers an attractive environment for businesses and visitors alike. With the new 377 Road development on the horizon, the property is poised for tremendous upside, making it an ideal investment for those looking to establish their own business or maintain current tenants. The expansive lot provides ample space for expansion or the construction of new buildings, enhancing the potential for future growth and revenue. Don’t miss out on this incredible opportunity to secure a beautiful property in a premier location. For more information, please call the listing agent today!

Investor Tools

Property Icon
$1,615,509
Estimated Property Value
$0Estimated Mortgage Balance
$1,615,509Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,723
$1,615,509
2024
$1,287,655
$327,854
$1,615,509
No

Tax History

Year
Tax Paid
Assessed Value
2023
$29,723
$1,615,509

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,615,509
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Argyle

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409 S Highway 377 Highway | Property Details | No Agent List