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    Property profile & analytics

    105 Joe Rice Dr Del Rio, TX 78840-2383

    • Apartment buildings
    • 3,796 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    Aug 23, 2022
    Location Intelligence
    Property ID
    US82-8926993
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 105 Joe Rice Dr

    Year built
    1980
    Lot size
    0.32 lot acres
    Property size
    3,796 SF
    Property type
    Apartment buildings
    APN
    21983
    APU
    21983

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Del Rio
    County
    Val Verde
    State
    Texas
    Longitude
    -100.913
    Latitude
    29.3913
    CBSA code
    19620
    CBSA name
    DEL RIO, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,664
    $46,332
    $214,743
    $261,075
    -
    $46,332
    $214,743
    $261,075

    Comparable in this City

    • Value Estimation
      $385,000
      4,368 SF

      113 Ware St

      APARTMENT HOUSE (100+ UNITS) • 4,368 SF
      113 Ware St, Del Rio, TX 78840-4920
      View Details
    • Value Estimation
      $470,000
      4,975 SF

      117 Rio Seco Dr

      APARTMENT HOUSE (100+ UNITS) • 4,975 SF
      117 Rio Seco Dr, Del Rio, TX 78840-2596
      View Details
    • Value Estimation by Request
      7,760 SF

      223 Fletcher Dr

      APARTMENT HOUSE (100+ UNITS) • 7,760 SF
      223 Fletcher Dr, Del Rio, TX 78840-3092
      View Details
    • Value Estimation
      $460,000
      5,460 SF

      203 Garfield St

      APARTMENT HOUSE (100+ UNITS) • 5,460 SF
      203 Garfield St, Del Rio, TX 78840-5509
      View Details
    • Value Estimation
      $445,000
      5,184 SF

      307 James Dr

      APARTMENT HOUSE (100+ UNITS) • 5,184 SF
      307 James Dr, Del Rio, TX 78840-6208
      View Details
    • Value Estimation
      $495,000
      4,774 SF

      132 Jeffery Dr

      APARTMENT HOUSE (100+ UNITS) • 4,774 SF
      132 Jeffery Dr, Del Rio, TX 78840-8728
      View Details

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    Similar Nearby for Lease

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      Versatile 2,211 sq ft space suitable for various businesses.
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      Versatile building in high-visibility area suitable for retail or office.
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      Versatile Office Space in Del Rio

      Centrally located office space with great visibility and ample parking.
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      View Details
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    Del Rio, TX 78840-2383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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