3660 Fm 1488th RrMagnolia, TX 77354

  • Retail properties
  • 3,980 SF
Off market
$2,359,500 Estimated

Property Details for 3660 Fm 1488th Rr

Year built
2012
Construction
CONCRETE BLOCKS
Lot size
1.00 AC
Property size (Sq ft)
3,980 SF
Property type
Retail properties
Property subtype
Banks
APN
6252-00-00100
APU
62520000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,608,316
    6.5%
    $1,484,600
    7%
    $1,378,557
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,894,388
    Geo Method
    $3,002,762
  • Alternative Use

    Use
    Valuation
    Residential
    $1,252,315
    Hospitality
    $1,147,114
    Educational
    $954,385
    Medical
    $987,208
    Retail
    $1,484,600
3660 Fm 1488th Rr, Magnolia, Texas

Location Insight

City
Magnolia
County
Montgomery
State
Texas
Latitude
30.2283
Longitude
-95.5208
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,078,800
  • Assessed land value
    $871,200
  • Assessed value
    $1,950,000
  • Tax year
    2024
  • Tax bill
    $29,833

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