1003 Hwy 332Clute, TX 77531

  • Hospitality properties
  • 40,931 SF
Off market
$5,859,534 Estimated

Property Details for 1003 Hwy 332

Year built
1999
Lot size
2.17 AC
Property size (Sq ft)
40,931 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
2115-0006-110
APU
21150006110

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,521,392
    6.5%
    $8,788,977
    7%
    $8,161,193
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,217,457
    Geo Method
    $28,797,680
  • Alternative Use

    Use
    Valuation
    Residential
    $9,595,009
    Hospitality
    $8,788,977
    Educational
    $7,312,326
    Medical
    $7,563,808
    Retail
    $11,374,729
1003 Hwy 332, Clute, Texas

Location Insight

City
Clute
County
Brazoria
State
Texas
Latitude
29.0111
Longitude
-95.4099
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $3,959,470
  • Assessed land value
    $883,120
  • Assessed value
    $4,842,590
  • Tax year
    2018

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