3400 LanternBaytown, TX 77521

  • Apartment buildings
  • 5,103 SF
Off market
$4,051,680 Estimated

Property Details for 3400 Lantern

Year built
1973
Construction
BRICK
Lot size
0.40 AC
Property size (Sq ft)
5,103 SF
Property type
Apartment buildings
APN
1040020000011
APU
1040020000011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,855,470
    6.5%
    $1,712,740
    7%
    $1,590,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,078,390
    Geo Method
    $1,787,510
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,828,270
    Retail / Commercial
    $1,432,310
    Mixed-Use / Specialty
    $1,413,000
    Hospitality / Lodging
    $1,018,190
    Office
    $1,389,820
    Institutional / Educational
    $1,463,880
    Multifamily
    $2,132,880
    Automotive / Energy
    $1,254,750
    Parking / Income-Based Land
    $447,028
    Restaurant / Food Service
    $704,612
    Healthcare / Senior Housing
    $1,463,570

Location Insight

City
Baytown
County
Harris
State
Texas
Latitude
29.7744
Longitude
-95.0011
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, 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
2022
$1,688
$26,423
$362,230
$388,653
-
$26,423
$362,230
$388,653

FAQs

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