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4815 State Highway 121
The Colony TX 75056 US

$720,000

Active Listing ID 21249192
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Lot: 0.04 Acres
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Office

$720,000

Active Listing ID 21249192
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4815 State Highway 121 A premier single-tenant office condo fronting SH 121, offering a high performing, low maintenance investment property in one of the fastest growing corridors in North Texas. Passive income through an NNN lease with minimal landlord responsibilities and significant upside potential due to below-market rent. Renewal options provide both immediate cash flow and long term value. It features high quality interior finishes in 2024, 7 rooms, 2 restrooms, 2 showers and 1 break room. Plumbing in all 7 rooms, washer and dryer hookups and showers - ideal for professional or medical users. Prominent pylon signage along SH 121 with high visibility and strong branding exposure. Stable tenant with a net income of $46, 800 annually and a strong likelihood of renewal. Zoned PD 11 allows a wide range of uses, including medical, dental, general offices, personal services, tutor centers and etc. Multiple established medical clinics are within the building, creating strong synergy and consistent foot traffic. Located in dense commercial environment in an affluent area with $150k average household income and more than 12% population growth since 2020. Ideal for investors or owner users. Managed by 121 Office Plaza Condominium Association.

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential
  • Property Sub-type: Office
  • Features
  • Cooling System: Central Air, Electric
  • Floor Covering: Engineered
  • Roof Type: Composition
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Office
  • listprice: 720000
  • unparsedaddress: 4815 State Highway 121
  • postalcity: The Colony
  • stateorprovince: TX
  • country: US
  • postalcode: 75056
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0447
  • lotsizeunits: Acres
  • lotsizearea: 0.0447
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.068418
  • longitude: -96.88554
  • listagentfullname: Jennifer Permenter
  • listagentkey: 3yd-NTREIS-0397828
  • listagentmlsid: 0397828
  • listagentpreferredphone: (214) 238-8000
  • listofficekey: 3yd-NTREIS-YPDL01
  • listofficemlsid: YPDL01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2015
  • countyorparish: Denton
  • parcelnumber: R655706
  • cooling: Central Air, Electric
  • constructionmaterials: Brick
  • flooring: Engineered
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.88554, 33.068417
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Younger Partners Dallas, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lacey.queen@youngerpartners.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Younger Partners Dallas, LLC", "ListBrokeragePhone":"(214) 238-8000", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"14643 Dallas Parkway, Ste 950", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"YPDL01", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"lacey.queen@youngerpartners.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - The Colony, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-05-01 12:12:26", "Neighborhoods":[{"Description":null, "Name":"121 Office Plaza Condo"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/3/2026 3:31:14 AM GMT
Source Updated Date: 6/11/2026 12:47:41 AM GMT

Courtesy of: Jennifer Permenter, Younger Partners Dallas, LLC

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.