250 State Hwy 121Lewisville, TX 75057

  • Residential income properties
  • 199,188 SF
Off market
$46,917,811 Estimated

Property Details for 250 State Hwy 121

Year built
2002
Construction
FRAME
Lot size
10.85 AC
Property size (Sq ft)
199,188 SF
Zone code
Z31
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
912268000E2R10100
APU
912268000E2R10100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $45,194,568
    6.5%
    $41,718,064
    7%
    $38,738,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $37,255,372
    Geo Method
    $37,147,764
  • Alternative Use

    Use
    Valuation
    Residential
    $41,718,064
    Hospitality
    $38,213,520
    Educational
    $31,793,202
    Medical
    $32,886,618
    Retail
    $49,456,092
250 State Hwy 121, Lewisville, Texas

Location Insight

City
Lewisville
County
Dallas
State
Texas
Latitude
32.9884
Longitude
-96.9846
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $34,756,990
  • Assessed land value
    $4,018,060
  • Assessed value
    $38,775,050
  • Tax year
    2023
  • Tax bill
    $782,413

FAQs

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