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    Property profile & analytics

    303 Fm 308th St Mertens, TX 76666-3037

    • Industrial properties
    • 4,020 SF
    • 4.00 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US82-5990491
    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

    • Industrial properties

    Property Details for 303 Fm 308th St

    Lot size
    4.00 lot acres
    Property size
    4,020 SF
    Property type
    Industrial properties
    APN
    125229
    APU
    125229

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mertens
    County
    Hill
    State
    Texas
    Longitude
    -96.8999
    Latitude
    32.0599

    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
    $2,190
    $72,000
    $279,410
    $351,410
    -
    $72,000
    $279,410
    $351,410

    Comparable in this City

    • Value Estimation
      $340,000
      63.20 Acres

      4550 Fm 308

      INDUSTRIAL (GENERAL) • 63.20 Acres
      4550 Fm 308, Mertens, TX 76666
      View Details
    • Value Estimation by Request
      0.11 Acres

      209207 Frnt St

      COMMERCIAL (GENERAL) • 0.11 Acres
      209207 Frnt St, Mertens, TX 76666
      View Details
    • Value Estimation by Request
      3,294 SF

      Hwy 22

      COMMERCIAL (GENERAL) • 3,294 SF
      Hwy 22, Mertens, TX 76666
      View Details
    • Value Estimation by Request
      522 SF

      101 Hwy 22

      COMMERCIAL (GENERAL) • 522 SF
      101 Hwy 22, Mertens, TX 76666-3069
      View Details
    • Value Estimation by Request
      1,200 SF

      201 Barry

      COMMERCIAL (GENERAL) • 1,200 SF
      201 Barry, Mertens, TX 76666-3082
      View Details
    • Value Estimation by Request
      361.58 Acres

      4451 Fm 308

      Commercial real estate • 361.58 Acres
      4451 Fm 308, Mertens, TX 76666
      View Details
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    303 Fm 308th St
    Mertens, TX 76666-3037
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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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