30685 Fm 2978thMagnolia, TX 77354

  • Residential income properties
  • 4,027 SF
Off market

Property Details for 30685 Fm 2978th

Year built
2013
Construction
FRAME
Lot size
16.71 AC
Property size (Sq ft)
4,027 SF
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
4566-00-00100
APU
45660000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,372,696
    6.5%
    $1,267,104
    7%
    $1,176,596
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,178,959
    Geo Method
    $1,868,748
  • Alternative Use

    Use
    Valuation
    Residential
    $1,267,104
    Hospitality
    $1,160,660
    Educational
    $965,656
    Medical
    $998,866
    Retail
    $1,502,131
30685 Fm 2978th, Magnolia, Texas

Location Insight

City
Magnolia
County
Montgomery
State
Texas
Latitude
30.1975
Longitude
-95.5888
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $57,898,611
  • Assessed land value
    $5,301,389
  • Assessed value
    $63,200,000
  • Tax year
    2024
  • Tax bill
    $931,433

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