159 Hwy 288Lake Jackson, TX 77566

  • Hospitality properties
  • 26,539 SF
Off market
$9,680,000 Estimated

Property Details for 159 Hwy 288

Year built
2016
Lot size
3.00 AC
Property size (Sq ft)
26,539 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
0066-0160-003
APU
660160003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,173,517
    6.5%
    $5,698,631
    7%
    $5,291,586
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,218,370
    Geo Method
    $18,671,952
  • Alternative Use

    Use
    Valuation
    Residential
    $6,221,250
    Hospitality
    $5,698,631
    Educational
    $4,741,194
    Medical
    $4,904,251
    Retail
    $7,375,190
159 Hwy 288, Lake Jackson, Texas

Location Insight

City
Lake Jackson
County
Brazoria
State
Texas
Latitude
29.053
Longitude
-95.4572
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $6,640,930
  • Assessed land value
    $1,359,070
  • Assessed value
    $8,000,000
  • Tax year
    2018

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