609 Red RivBurkburnett, TX 76354

  • Specialty properties
  • 3,472 SF
Off market
$26,149,160 Estimated

Property Details for 609 Red Riv

Year built
2020
Lot size
2.61 AC
Property size (Sq ft)
3,472 SF
Zone code
C/B
Property type
Specialty properties
APN
5M06 002 00
APU
5M0600200

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $701,556
    6.5%
    $647,590
    7%
    $601,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $417,751
    Geo Method
    $417,751
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,267,340
    Retail / Commercial
    $651,376
    Mixed-Use / Specialty
    $650,229
    Hospitality / Lodging
    $478,582
    Office
    $647,590
    Institutional / Educational
    $676,396
    Residential Income
    $791,383
    Multifamily
    $942,628
    Automotive / Energy
    $579,768
    Parking / Income-Based Land
    $198,910
    Restaurant / Food Service
    $340,697
    Healthcare / Senior Housing
    $665,593

Location Insight

City
Burkburnett
County
Wichita
State
Texas
Latitude
34.0847
Longitude
-98.5564
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
$7,209
$56,846
$523,808
$580,654
-
$56,846
$523,808
$580,654

FAQs

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