Last 24 Hours
$1,711,993
NAL Estimated Property Value4807 Mills Rd, Denton, TX, 76208
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size14.75 acres
Land Information
APNR37186
SubdivisionM. Forrest
Land UseCommercial
Legal DescriptionA0417A M. FORREST, TR 227(PT), 14.753 ACRES, OLD DCAD TR 7A BLK B
Census Tract021414
Assessed Land Value$3,855,844
Assessment Year2025
About this property
Rare opportunity for developer or builder. zoned as R6 in 2018, Buyer needs to verify this information with City of Denton. Price is for land only. Property located on the intersection of Mayhill and Mills Rd, Mayhill is 4 lanes busy road. and it is on the Denton's future Master Thoroughfare plan. Stop by and check it out.
Investor Tools
$1,711,993
Estimated Property Value
$0Estimated Mortgage Balance
$1,711,993Estimated 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,008/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,537
$1,711,993
2025
$3,855,844
N/A
$3,855,844
No
Tax History
Year
Tax Paid
Assessed Value
2024
$27,537
$1,711,993
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,711,993
100%
0%
$0/mo
12.4%