2020 build Suite 703, Spacious office suite conveniently located on the west Frisco and Little Elm border, next to Kroger at the signalized intersection of FM 720 and FM 423. Hardwood flooring in the reception and hallways allows minimum maintenance of the high-traffic areas, and the carpeted office, room offers a great appearance, elegant ceramic tile flooring in the break room and restroom. The custom cabinet in the break room is ideal for storing supplies. Surrounded by retail and residential properties, this location is perfect for professional offices or medical use.
Lakefront Income-Producing Investment Opportunity in Little Elm Rare opportunity to own a unique lakefront investment property on approximately 0.30 acres backing directly to Lake Lewisville. This one-of-a-kind property features three established Airbnb tiny homes, offering multiple income streams and tremendous potential for short-term rental investors, vacation rental operators, or those seeking a private lakeside retreat with revenue-producing assets. Guests and owners alike can enjoy the peaceful setting, scenic lake views, and direct access to the natural beauty of Lake Lewisville. The property's prime location in Little Elm places visitors just minutes from local dining, entertainment, parks, boating, fishing, and waterfront attractions, making it a highly desirable destination for vacation travelers. Lakefront and lakeside vacation rentals in the area continue to attract visitors seeking outdoor recreation and relaxing waterfront escapes. Whether you're looking to expand your investment portfolio, operate a thriving short-term rental business, or create a private family getaway with built-in income potential, this property offers a rare combination of lakefront lifestyle and cash-flow opportunity. Highlights: • Approx. 0.30-acre lot • Backs directly to Lake Lewisville • Three Airbnb tiny homes • Established income-producing property • Popular vacation rental location • Minutes from Little Elm amenities, boating, fishing, and recreation • Exceptional opportunity for investors or owner-operators Experience the perfect blend of waterfront living and investment potential in one of North Texas' most sought-after lake communities.
Rare opportunity to own a 1,198 SF road-front retail condo at 25691 Smotherman Rd, Unit 160, in one of Frisco’s fastest-growing corridors. This highly visible unit is fully built-out for a spa,massage business and includes the exclusive right to operate a massage business within the plaza, creating a strong competitive advantage and long-term tenant stability. The property is leased under a 10-year NNN lease to an established massage operator through 2033, offering true passive income with minimal landlord responsibility. The lease features 3% annual rent increases, providing built-in income growth and inflation protection. Offered at a 5.4% CAP rate, with projected rent escalations increasing returns to approximately 6.6% CAP by year-end. This asset is ideal for 1031 exchange buyers or investors seeking stable cash flow in a high-demand North Texas market.Strong demographics, excellent road frontage, ample parking, and limited availability of retail condos in Frisco make this a compelling long-term investment opportunity.
INCOME GENERATING OFFICE BUILDING. Excellent location in Little Elm. At FM 423 FM 720 intersection. Walking distance to Hat Creek Burgers and Kroger. Very popular office complex with good flow of customers throughout the day . Ample of parking . This commercial property boasts a beautiful exterior design with a combination of stone and stucco, along with quality features like commercial carpeting, hardwood flooring, and ceramic tiles. Suitable for many businesses, medical use, coaching classes , spa. IT consultancy businesses. Corner unit with most common areas with laminate floors or tiles . Plenty of windows provide natural light. If you wish the tenant will vacate. Move in ready so you can start your business right away.
Explore the epitome of modern business convenience with our newly constructed office suite, unveiled in 2023. Strategically positioned at the intersection of FM 720 and FM 423, right on the West Frisco and Little Elm border. This spacious and new workspace boasts proximity to Kroger for added convenience. Office space is restricted to professional office or medical business only and buyers are encouraged to get prior approval from HOA as part of due diligence. The suite comprises four spacious well ventilated office rooms, a welcoming reception area, kitchenette, a comfortable lounge, ample closet space and a restroom. Step into an office space where the modern structure creates an environment that is not only functional but also aesthetically pleasing. Elevate your business presence in a setting that exudes sophistication and style. This property is available for lease at $2650 per month base rent with lease term of minimum 1 year and maximum of 5 years. Additional expenses incurred by landlord: $160 per month HOA, $75 a month to insurance, and property tax $700 per month. Utilities are paid by tenant. Currently the property is under a 2 year lease term that ends in June 2027 and tenants are a massage spa clinic for $2500 a month . New owner will assume the lease and become the landlord.

Little Elm is located in Texas. Little Elm, Texas has a population of 45,124. Little Elm is more family-centric than the surrounding county with 46.14% of the households containing married families with children. The county average for households married with children is 40.87%.
The median household income in Little Elm, Texas is $101,693. The median household income for the surrounding county is $96,265 compared to the national median of $69,021. The median age of people living in Little Elm is 36.2 years.
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 32.6 degrees. The average rainfall is approximately 39.4 inches per year, with 1.1 inches of snow per year.