1508 FalconDesoto, TX 75115

  • Other commercial real estate
  • 7,900 SF
Off market
$859,100 Estimated

Property Details for 1508 Falcon

Year built
1987
Construction
TILT-UP CONCRETE
Lot size
0.87 AC
Property size (Sq ft)
7,900 SF
Zone code
Z111
Property type
Other commercial real estate
Property subtype
Showrooms
APN
20031400020050900
APU
20031400020050900

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,980,639
    6.5%
    $1,828,282
    7%
    $1,697,690
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,172,276
    Geo Method
    $5,960,256
  • Alternative Use

    Use
    Valuation
    Residential
    $1,542,224
    Hospitality
    $1,412,669
    Educational
    $1,175,324
    Medical
    $1,215,745
    Retail
    $1,828,282
1508 Falcon, Desoto, Texas

Location Insight

City
Desoto
County
Dallas
State
Texas
Latitude
32.62
Longitude
-96.8513
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $638,260
  • Assessed land value
    $71,740
  • Assessed value
    $710,000
  • Tax year
    2023
  • Tax bill
    $15,934

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