215 GilbertDesoto, TX 75115

  • Residential income properties
  • 96,536 SF
Off market
$12,478,125 Estimated

Property Details for 215 Gilbert

Year built
1971
Construction
FRAME
Lot size
5.98 AC
Property size (Sq ft)
96,536 SF
Zone code
Z187
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
20039500000010000
APU
20039500000010000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,416,058
    6.5%
    $18,845,592
    7%
    $17,499,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,327,078
    Geo Method
    $44,797,964
  • Alternative Use

    Use
    Valuation
    Residential
    $18,845,592
    Hospitality
    $17,262,460
    Educational
    $14,362,164
    Medical
    $14,856,101
    Retail
    $22,341,144
215 Gilbert, Desoto, Texas

Location Insight

City
Desoto
County
Dallas
State
Texas
Latitude
32.6157
Longitude
-96.8544
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $9,531,020
  • Assessed land value
    $781,480
  • Assessed value
    $10,312,500
  • Tax year
    2023
  • Tax bill
    $237,511

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