1101 PrestonBurkburnett, TX 76354

  • Office buildings
  • 1,722 SF
Off market
$1,035,000 Estimated

Property Details for 1101 Preston

Year built
1983
Construction
CONCRETE BLOCKS
Lot size
0.10 AC
Property size (Sq ft)
1,722 SF
Zone code
C/B
Property type
Office buildings
APN
5G07 006 02
APU
5G0700602

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $347,949
    6.5%
    $321,184
    7%
    $298,242
  • Comparable approach

    Method
    Valuation
    Relative Method
    $207,191
    Geo Method
    $207,191
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $628,559
    Retail / Commercial
    $323,062
    Mixed-Use / Specialty
    $322,493
    Hospitality / Lodging
    $237,361
    Institutional / Educational
    $335,471
    Residential Income
    $392,501
    Multifamily
    $467,513
    Automotive / Energy
    $287,546
    Parking / Income-Based Land
    $98,652.90
    Restaurant / Food Service
    $168,975
    Healthcare / Senior Housing
    $330,112

Location Insight

City
Burkburnett
County
Wichita
State
Texas
Latitude
34.0794
Longitude
-98.5825
CBSA code
48660
CBSA name
WICHITA FALLS, 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
$1,002
$2,250
$92,206
$94,456
-
$2,250
$92,206
$94,456

FAQs

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