1717 Martin Luther King JrDallas, TX 75215

  • Hospitality properties
  • 5,000 SF
Off market
$302,500 Estimated

Property Details for 1717 Martin Luther King Jr

Year built
1963
Construction
FRAME
Lot size
0.17 AC
Property size (Sq ft)
5,000 SF
Zone code
Z239
Property type
Hospitality properties
Property subtype
Motels
APN
141853000000
APU
141853000000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $873,130
    6.5%
    $805,966
    7%
    $748,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,179,489
    Geo Method
    $3,517,832
  • Alternative Use

    Use
    Valuation
    Residential
    $879,880
    Hospitality
    $805,966
    Educational
    $670,554
    Medical
    $693,616
    Retail
    $1,043,084
1717 Martin Luther King Jr, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7628
Longitude
-96.7764
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $193,750
  • Assessed land value
    $56,250
  • Assessed value
    $250,000
  • Tax year
    2023
  • Tax bill
    $5,737

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