311 Highway 199Springtown, TX 76082
- Retail properties
- 3,240 SF
For Sale
$850,000
View listing
Property Details for 311 Highway 199
- Year built
- 1983
- Lot size
- 0.98 AC
- Property size (Sq ft)
- 3,240 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 20822-040-000-00
- APU
- 2082204000000
Description
This exceptional commercial property, located at 311 E Highway 199 in Springtown, Texas, offers 2,890 square feet of office space on a 0.5-acre lot. The property boasts excellent visibility and accessibility, with direct frontage on Highway 199 and convenient access to Martin Avenue from the north side. The lot is currently being divided
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $902,452
- 6.5%
- $833,033
- 7%
- $773,531
-
Comparable approach
- Method
- Valuation
- Relative Method
- $943,262
- Geo Method
- $982,389
-
Alternative Use
- Use
- Valuation
- Residential
- $702,695
- Hospitality
- $643,664
- Educational
- $535,521
- Medical
- $553,939
- Retail
- $833,033
311 Highway 199, Springtown, Texas
Location Insight
- City
- Springtown
- County
- Parker
- State
- Texas
- Latitude
- 32.963
- Longitude
- -97.6807
- 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
$13,511
$425,580
$247,490
$673,070
-
$425,580
$247,490
$673,070
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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