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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Commercial real estate
15580 Interstate 35 Bruceville, TX 76630-3474
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2212575
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1977
Construction
STONE
Total area
6,150 SF
Lot
10.03 ac (436,907 SF)
Zoning code
R
APN
160510000005015
UPID
US82-2212575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$650k
Owner & transaction history
Billy G Hoover · 5 yrs held
Billy G Hoover
since 2021
7 recorded transactions
Zoning & alternative use
R · Bruceville, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+29.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bruceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bruceville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$785,000
Current use
OFFICE BUILDING
$1,015,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,788
Tax year 2022
Assessed value
$499,390
Assessed 2023
Previous assessed
$499,390
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$106,520
Assessed improvement
$392,870
Land market value
$106,520
Improvement market value
$392,870
Total market value
$499,390
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1977
Construction
STONE
Heating
CENTRAL
Cooling
REFRIGERATOR
Stories
1
Total area
6,150 SF
Lot
10.03 ac (436,907 SF)
Zoning code
R
APN
160510000005015
UPID
US82-2212575
Jurisdiction
MCLENNAN
Zoning & alternative use
R · Bruceville, TX
Zoning R · permitted uses
R · Bruceville, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bruceville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$785,000
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
STONE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
10.03 ac
Current owner
From public records · entity-resolved
Billy G Hoover
Individual
Free & Clear · 5 yrs held
Mailing address
467 COUNTY RD 429, CHILTON, TX 76632-3045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
—
Billy G Hoover
Noelia Cruz
Warranty Deed
—
Mar 26, 2018
—
Kevin Walker
—
Deed
related
$427,500 · First Nat'l Bk/moody
Apr 22, 2014
—
Walker,kevin
Baldwin,larry D
Warranty Deed
$274,000 · First Nat'l Bk/moody
Oct 6, 2009
—
James Baldwin
Owner Name Unavailable
Grant Deed
related
—
—
—
Kevin Walker
—
Deed Of Trust
related
$60,000 · First Nat'l Bk/moody
—
—
B B Truck Tractor
—
Deed Of Trust
related
$130,000 · First National Bank Moody
—
—
Waco Machinery & Parts INC
—
Deed Of Trust
related
$500,000 · First National Bank Moody
—
—
Kevin Walker
—
Deed Of Trust
related
$427,500 · First Nat'l Bk/moody
—
—
B B Truck Tractor Sale
—
Deed Of Trust
related
$100,000 · First National Bank Moody
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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