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    Property profile & analytics

    20023 Us Hwy 79th E New Summerfield, TX 75780

    • Commercial real estate
    • 2,520 SF
    • 46.84 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Location Intelligence
    Property ID
    US82-8390716
    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 20023 Us Hwy 79th E

    Lot size
    46.84 lot acres
    Property size
    2,520 SF
    Property type
    Commercial real estate
    APN
    102832000
    APU
    102832000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Summerfield
    County
    Cherokee
    State
    Texas
    Longitude
    -95.1175
    Latitude
    31.9832
    CBSA code
    27380
    CBSA name
    JACKSONVILLE, TX MICROPOLITAN 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
    2022
    $3,087
    $470,060
    $44,890
    $514,950
    -
    $470,060
    $44,890
    $514,950

    Comparable in this City

    • Value Estimation by Request
      3,572 SF

      Hwy 79

      COMMERCIAL (GENERAL) • 3,572 SF
      Hwy 79, New Summerfield, TX 75780
      View Details
    • Value Estimation by Request
      4,200 SF

      763 Fm 235th E

      COMMERCIAL (GENERAL) • 4,200 SF
      763 Fm 235th E, New Summerfield, TX 75780
      View Details
    • Value Estimation by Request
      1,032 SF

      13454 State Hwy 110th N

      COMMERCIAL (GENERAL) • 1,032 SF
      13454 State Hwy 110th N, New Summerfield, TX 75780
      View Details
    • Value Estimation
      $820,000
      90,324 SF

      23733 Us Hwy 79th E

      COMMERCIAL (GENERAL) • 90,324 SF
      23733 Us Hwy 79th E, New Summerfield, TX 75780
      View Details
    • Value Estimation by Request
      0.07 Acres

      New Summerfield, TX 75780

      COMMERCIAL (GENERAL) • 0.07 Acres
      New Summerfield, TX 75780
      View Details
    • Value Estimation by Request
      160 SF

      197 Tipton Ln

      COMMERCIAL (GENERAL) • 160 SF
      197 Tipton Ln, New Summerfield, TX 75780
      View Details
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    20023 Us Hwy 79th E
    New Summerfield, TX 75780
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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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