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

    1587 Fm 718 Aurora, TX 76078-5206

    • Commercial real estate
    • 7,200 SF
    • 2.17 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Jan 15, 2020
    Location Intelligence
    Property ID
    US82-5393400
    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 1587 Fm 718

    Year built
    2010
    Lot size
    2.17 lot acres
    Property size
    7,200 SF
    Property type
    Commercial real estate
    APN
    A0361.0050.09
    APU
    A0361005009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Wise
    State
    Texas
    Longitude
    -97.5195
    Latitude
    33.0424
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, 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
    $3,515
    $52,403
    $589,360
    $641,763
    -
    $52,403
    $589,360
    $641,763

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      Hwy 287

      COMMERCIAL (GENERAL) • 0.12 Acres
      Hwy 287, Rhome, TX 76078
      View Details
    • Value Estimation by Request
      0.94 Acres

      Hwy 287

      COMMERCIAL (GENERAL) • 0.94 Acres
      Hwy 287, Rhome, TX 76078
      View Details
    • Value Estimation by Request
      0.08 Acres

      130 1st

      COMMERCIAL (GENERAL) • 0.08 Acres
      130 1st, Rhome, TX 76078
      View Details
    • Value Estimation by Request
      6.02 Acres

      Old Base Rd

      COMMERCIAL (GENERAL) • 6.02 Acres
      Old Base Rd, Rhome, TX 76078
      View Details
    • Value Estimation by Request
      784 SF

      2207 Fm 718

      COMMERCIAL (GENERAL) • 784 SF
      2207 Fm 718, Aurora, TX 76078-5293
      View Details
    • Value Estimation by Request
      5,760 SF

      500 Randall St

      COMMERCIAL (GENERAL) • 5,760 SF
      500 Randall St, Rhome, TX 76078-4469
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25.51 Acres

      Prime Rhome, TX Commercial Land

      25 Acres, AG Zoning, US 287 Frontage
      0 287 & Ellis Ln, Rhome, TX 76078
      View Details
    • $645,000
      4,139 SF

      331 Old Mill Rd, Rhome, TX 76078

      Commercial real estate • 4,139 SF
      331 Old Mill Rd, Rhome, TX 76078
      View Details
    • Contact for pricing
      71.00 Acres

      71 Acres Commercial Land, Rhome, TX

      Prime 71-acre commercial tract near Fort Worth.
      0 Sec - Tx-114 & Graben Rd, Rhome, TX 76078
      View Details
    • $7,162,350
      183.65 Acres

      Prime Rhome, TX Commercial Land

      183 Acres, Manufacturing Zoning, $7M+
      2449 County Road 4421, Rhome, TX 76078
      View Details
    • Contact for pricing
      1.15 Acres

      Prime Rhome Retail Land

      High-traffic corner lot, 9,100 SF.
      114 Merger 1.15 Acres, Rhome, TX 76078
      View Details
    • $199,000
      2.70 Acres

      New Fairview Land Opportunity

      2.7 acres of land in a growing luxury home area.
      New Tbd Branding Iron Rd, Fairview, TX 76078
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      150,000 SF

      Rhome, TX Flex Space Available

      15,000 SF Flex Space in Rhome, TX
      138 Leopard Rd, Rhome, TX 76078
      View Details
    • $19 SF/Yr
      1,200 SF

      Office Space For Rent

      Office space available for lease in Rhome, Texas.
      5796 Highway 114 E, Rhome, TX 76078
      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.
    1587 Fm 718
    Aurora, TX 76078-5206
    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.