1561 Mira LagoFarmers Branch, TX 75234

  • Hotels
  • 49,050 SF
Off market
$4,600,000 Estimated

Property Details for 1561 Mira Lago

Year built
2016
Construction
FRAME
Lot size
0.58 AC
Property size (Sq ft)
49,050 SF
Zone code
Z236
Property type
Hotels
APN
241316600A0020000
APU
241316600A0020000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,565,402
    6.5%
    $7,906,524
    7%
    $7,341,773
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,570,791
    Geo Method
    $13,868,986
  • Alternative Use

    Use
    Valuation
    Residential
    $8,631,628
    Hospitality
    $7,906,524
    Educational
    $6,578,136
    Medical
    $6,804,368
    Retail
    $10,232,655
1561 Mira Lago, Farmers Branch, Texas

Location Insight

City
Farmers Branch
County
Dallas
State
Texas
Latitude
32.9054
Longitude
-96.9229
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$96,501
$302,650
$4,297,350
$4,600,000
-
$302,650
$4,297,350
$4,600,000

Property Visit Statistics

  • Visits by month
    8.2k
  • Visitors by month
    3.6k
  • Avg Time on site
    421 min

FAQs

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