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    Property profile & analytics

    2990 State Hwy 119 Gillett, TX 78116

    • Commercial real estate
    • 4,000 SF
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US82-5864493
    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 2990 State Hwy 119

    Property size
    4,000 SF
    Property type
    Commercial real estate
    APN
    104880
    APU
    104880

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gillett
    County
    Karnes
    State
    Texas
    Longitude
    -97.7813
    Latitude
    29.1306

    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
    $578
    $0.00
    $198,951
    $198,951
    -
    $0.00
    $198,951
    $198,951

    Comparable in this City

    • Value Estimation
      $415,000
      1,320 SF

      23687 Sh-80

      COMMERCIAL (GENERAL) • 1,320 SF
      23687 Sh-80, Gillett, TX 78116
      View Details
    • Value Estimation by Request
      3.00 Acres

      Ss Fm 81

      COMMERCIAL (GENERAL) • 3.00 Acres
      Ss Fm 81, Gillett, TX 78116
      View Details
    • Value Estimation by Request
      6 SF

      201 County Rd 281

      COMMERCIAL (GENERAL) • 6 SF
      201 County Rd 281, Gillett, TX 78116-4548
      View Details
    • Value Estimation
      $400,000
      680 SF

      22104 Sh-80

      COMMERCIAL (GENERAL) • 680 SF
      22104 Sh-80, Gillett, TX 78116
      View Details
    • Value Estimation
      $435,000
      600 SF

      14735 Sh-80

      COMMERCIAL (GENERAL) • 600 SF
      14735 Sh-80, Gillett, TX 78116
      View Details
    • Value Estimation by Request
      480 SF

      4285 Sh-80

      COMMERCIAL (GENERAL) • 480 SF
      4285 Sh-80, Gillett, TX 78116
      View Details

    Similar Nearby for Sale

    • $616,869

      Karnes County Ranch Land

      62-acre ranch featuring mature trees, pond, and seasonal creek.
      001 County Rd, Gillett, TX 78116
      View Details
    • $125,000
      3,600 SF

      Gillett, TX Multifamily Investment

      High-potential 3600 sq ft building, 1 acre.
      18361 Tx-80, Gillett, TX 78116
      View Details
    • $1,250,000

      Turnkey Texas Acreage with Home

      115-acre property with home, pool, shop, and abundant wildlife.
      2934 County Road 271, Gillett, TX 78116
      View Details
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    2990 State Hwy 119
    Gillett, TX 78116
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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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