Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    118 Morgan St Meridian, TX 76665

    • Commercial real estate
    • 6,632 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Last Sale
    Jan 12, 2023
    Location Intelligence
    Property ID
    US82-6275066
    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

    • Commercial real estate

    Property Details for 118 Morgan St

    Year built
    1920
    Lot size
    0.20 lot acres
    Property size
    6,632 SF
    Property type
    Commercial real estate
    APN
    R20692
    APU
    R20692

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Bosque
    State
    Texas
    Longitude
    -97.6578
    Latitude
    31.9233

    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
    $2,545
    $14,190
    $331,246
    $345,436
    -
    $14,190
    $331,246
    $345,436

    Comparable in this City

    • Value Estimation by Request
      1.39 Acres

      Hwy 22

      COMMERCIAL (GENERAL) • 1.39 Acres
      Hwy 22, Meridian, TX 76665
      View Details
    • Value Estimation by Request
      812 SF

      306 Riv St

      COMMERCIAL (GENERAL) • 812 SF
      306 Riv St, Meridian, TX 76665
      View Details
    • Value Estimation by Request
      2,400 SF

      7926 State Hwy 22

      COMMERCIAL (GENERAL) • 2,400 SF
      7926 State Hwy 22, Meridian, TX 76665-2985
      View Details
    • Value Estimation by Request
      5,999 SF

      12132 State Hwy 22

      COMMERCIAL (GENERAL) • 5,999 SF
      12132 State Hwy 22, Meridian, TX 76665-3050
      View Details
    • Value Estimation
      $370,000
      1,860 SF

      9376 Hwy 6th 6

      COMMERCIAL (GENERAL) • 1,860 SF
      9376 Hwy 6th 6, Meridian, TX 76665-2969
      View Details
    • Value Estimation
      $415,000
      2,884 SF

      120 Erath St

      COMMERCIAL (GENERAL) • 2,884 SF
      120 Erath St, Meridian, TX 76665
      View Details

    Similar Nearby for Sale

    • $175,000
      5.57 Acres

      Meridian, TX Land - Hwy 6 Frontage

      5.57 Acres, Highway 6 Access, Prime Location
      10502 Highway 6, Meridian, TX 76665
      View Details
    • $399,000
      0.19 Acres

      Meridian, TX Car Wash Business

      Well-maintained 4-bay car wash with ice and water machine.
      108 E Morgan, Meridian, TX 76665
      View Details
    • $199,999
      15.00 Acres

      Tranquil Land in Meridian, TX

      15 acres of versatile land with scenic views and utilities.
      Tbd 4120, Meridian, TX 76665
      View Details
    • $99,000
      3.33 Acres

      Land with Panoramic Views

      3.331-acre lot with prepared building site and community amenities.
      152 Private Rd, Meridian, TX 76665
      View Details
    • $2,250,000
      25.32 Acres

      Bosque River Retreat Near Meridian

      25-acre property with a custom home and river access.
      395 County Road 2530, Meridian, TX 76665
      View Details
    • $160,000
      3.14 Acres

      Meridian, TX Unimproved Land For Sale

      Hilltop corner lot with hunting rights and community amenities.
      121 Pr 2123 Rd, Meridian, TX 76665
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    118 Morgan St
    Meridian, TX 76665
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.