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$738,750 Just Listed
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Property Description
This investment sale of 303 Alamo Ave, a four-unit, 100% occupied multi-tenant retail strip center located in Lake Dallas, Denton County, Texas. The property offers qualified investors a stabilized, income-producing retail asset within one of the fastest-growing commercial real estate submarkets in the Dallas-Fort Worth Metroplex. The property is currently leased to four (4) established tenants representing a diversified mix of personal services, full-service dining, specialty retail, and quick-service food uses. All leases are structured as gross leases, with the landlord maintaining control over property expenses. Units A and B feature contractual step-up rent schedules, providing a clear and contractually assured path to increased net operating income without requiring new leasing activity. Units C and D provide stable, flat-rate income streams.
Full Property Details
Full Property Details for 303 Alamo Ave
General
- Price: $738,750
- Taxes: $3,575
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21420791
- Updated: Today (10/26/2026)
- Added to Site: Today
Business
- Business Type: Barber/Beauty, Mixed, Restaurant
Parking
- Parking Features: Additional Parking
Location
- County: Denton
- Subdivision: O T Garza
- Driving Directions: Recommend GPS for accurate driving directions.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central, Electric, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Roof: Other
- Stories/Levels: 1
- Square Feet: 2,955
- Sq. Ft. Source: Public Records
- Year Built: 1970
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.172
- Lot Size (Sq. Ft.): 7,492.32
- Lot Size Source: Public Records
- Frontage: All Weather Road
- Potential Use: Restaurant
- Zoning: C2
Financial Considerations
- Tax Amount: $3,575
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: O T GARZA BLK 11 LOT 1-A
- Inclusions: Building Only, Land Only
- Property ID: R1040189
- Block: 11
- Lot Number: 1-A
Listed by UCRE-TX Real Estate Assc. LLC, Grady Ray
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Schools
Schools serving 303 Alamo Ave
School District:Lake Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
Lake Dallas Elementary School 190 Falcon Drive, Lake Dallas, TX 75065 | PK-5 | 0.2 mi |
Lake Dallas Middle School 325 East Hundley Drive, Lake Dallas, TX 75065 | 6-8 | 0.3 mi |
Lake Dallas High School 3016 Park Ridge, Corinth, TX 76205 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 303 Alamo Ave
Date
Details
Price
Change
Source
10/26/2026
Listed
$738,750
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 303 Alamo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,575
31%
$516,118
104%
2024
$2,724
100%
$253,502
15%
2023
—
$220,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 303 Alamo Ave
303 Alamo Avenue, Lake Dallas, TX 75065 (MLS# 21420791) is a Business property. 303 Alamo Avenue is currently listed for $738,750 and was received on October 26, 2026. Want to learn more about 303 Alamo Avenue? Do you have questions about finding other Business real estate for sale in Lake Dallas? You can browse all Lake Dallas real estate or contact a Coldwell Banker agent to request more information.

