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    Property profile & analytics

    12235 State Hwy 21st E Midway, TX 75852

    • Commercial real estate
    • 2,400 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US83-0797245
    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 12235 State Hwy 21st E

    Year built
    1988
    Lot size
    0.98 lot acres
    Property size
    2,400 SF
    Property type
    Commercial real estate
    APN
    R-0247-000-2401-901
    APU
    R02470002401901

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midway
    County
    Madison
    State
    Texas
    Longitude
    -95.75
    Latitude
    31.0272

    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
    $5,014
    $74,540
    $242,370
    $316,910
    -
    $74,540
    $242,370
    $316,910

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      9678 Hickory Loop

      COMMERCIAL (GENERAL) • 0.13 Acres
      9678 Hickory Loop, Midway, TX 75852-3601
      View Details
    • Value Estimation by Request
      1,280 SF

      12108 State Hwy 21st E

      COMMERCIAL (GENERAL) • 1,280 SF
      12108 State Hwy 21st E, Midway, TX 75852-2823
      View Details
    • Value Estimation by Request
      2,000 SF

      12074 State Hwy 21st E

      COMMERCIAL (GENERAL) • 2,000 SF
      12074 State Hwy 21st E, Midway, TX 75852
      View Details
    • Value Estimation
      $395,000
      900 SF

      5574 Fm 247

      COMMERCIAL (GENERAL) • 900 SF
      5574 Fm 247, Midway, TX 75852
      View Details
    • Value Estimation by Request
      1.00 Acre

      14527 Osr

      COMMERCIAL (GENERAL) • 1.00 Acre
      14527 Osr, Midway, TX 75852
      View Details
    • Value Estimation by Request
      660 SF

      Hwy 21st E

      COMMERCIAL (GENERAL) • 660 SF
      Hwy 21st E, Midway, TX 75852
      View Details

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    12235 State Hwy 21st E
    Midway, TX 75852
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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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