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    Property profile & analytics

    1115 Scott Ave Wichita Falls, TX 76301-7812

    • Grocery and convenience stores
    • 1,689 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 09, 2024
    Location Intelligence
    Property ID
    US82-6411820
    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

    • Grocery and convenience stores

    Property Details for 1115 Scott Ave

    Year built
    1961
    Construction
    STEEL FRAME
    Lot size
    0.52 lot acres
    Property size
    1,689 SF
    Zone code
    LI
    Property type
    Grocery and convenience stores
    APN
    1850 016 00
    APU
    185001600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.4692
    Latitude
    33.8989
    CBSA code
    48660
    CBSA name
    WICHITA FALLS, TX METROPOLITAN 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
    2023
    $485
    $7,875
    $14,612
    $22,487
    -
    $7,875
    $14,612
    $22,487

    Comparable in this City

    • Value Estimation by Request
      7,000 SF

      402 Indiana Ave

      GROCERY, SUPERMARKET • 7,000 SF
      402 Indiana Ave, Wichita Falls, TX 76301-1019
      View Details
    • Value Estimation by Request
      2,208 SF

      212 Farris St

      GROCERY, SUPERMARKET • 2,208 SF
      212 Farris St, Wichita Falls, TX 76301-1118
      View Details
    • Value Estimation
      $465,000
      5,840 SF

      2214 9th St

      CONVENIENCE STORE • 5,840 SF
      2214 9th St, Wichita Falls, TX 76301-4029
      View Details
    • Value Estimation
      $495,000
      1,515 SF

      1723 Seymour Hwy

      CONVENIENCE STORE • 1,515 SF
      1723 Seymour Hwy, Wichita Falls, TX 76301-2123
      View Details
    • Value Estimation
      $470,000
      3,501 SF

      911 Kemp Blvd

      CONVENIENCE STORE • 3,501 SF
      911 Kemp Blvd, Wichita Falls, TX 76301-3923
      View Details
    • Value Estimation
      $805,000
      19,100 SF

      1818 9th St

      GROCERY, SUPERMARKET • 19,100 SF
      1818 9th St, Wichita Falls, TX 76301-5030
      View Details

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    1115 Scott Ave
    Wichita Falls, TX 76301-7812
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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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