423 TowerAlamo, TX 78516

  • Office properties
  • 10,689 SF
Off market
$1,174,898 Estimated

Property Details for 423 Tower

Year built
2004
Lot size
1.57 AC
Property size (Sq ft)
10,689 SF
Property type
Office properties
Property subtype
Office buildings
APN
A2142-01-000-0001-00
APU
A214201000000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,468,887
    6.5%
    $1,355,895
    7%
    $1,259,046
  • Comparable approach

    Method
    Valuation
    Relative Method
    $921,726
    Geo Method
    $2,429,289
  • Alternative Use

    Use
    Valuation
    Residential
    $1,681,310
    Hospitality
    $1,540,071
    Educational
    $1,281,321
    Medical
    $1,325,388
    Retail
    $1,993,166
423 Tower, Alamo, Texas

Location Insight

City
Alamo
County
Hidalgo
State
Texas
Latitude
26.1867
Longitude
-98.1099
CBSA code
32580
CBSA name
MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $713,811
  • Assessed land value
    $257,179
  • Assessed value
    $970,990
  • Tax year
    2023

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