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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3309 Horton Rd Forest Hill, TX 76119-6011

    • Investment properties
    • 2,508 SF
    • 5.26 lot acres
    OFF-MARKET
    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0473933
    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

    • Investment properties

    Property Details for 3309 Horton Rd

    Year built
    1946
    Construction
    FRAME
    Lot size
    5.26 lot acres
    Property size
    2,508 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    A 691-11
    APU
    A69111

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $760,000
      6.5%
      $700,000
      7%
      $650,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $744,000
      Market price range: $220k - $744k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Forest Hill
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2773
    Latitude
    32.6793
    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
    $6,832
    $125,761
    $172,899
    $298,660
    -
    $125,761
    $172,899
    $298,660

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      3912 Mansfield Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      3912 Mansfield Hwy, Forest Hill, TX 76119-6810
      View Details
    • Value Estimation by Request
      4,040 SF

      3409 Miller Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,040 SF
      3409 Miller Ave, Fort Worth, TX 76119-1951
      View Details
    • Value Estimation
      $720,000
      2,652 SF

      5314 Wichita St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,652 SF
      5314 Wichita St, Forest Hill, TX 76119-6036
      View Details
    • Value Estimation
      $2,075,000
      7,200 SF

      5101 Wilbarger St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,200 SF
      5101 Wilbarger St, Fort Worth, TX 76119-4100
      View Details
    • Value Estimation
      $7,080,000
      29,711 SF

      3951 Loop 820th S

      OFFICE/RESIDENTIAL (MIXED USE) • 29,711 SF
      3951 Loop 820th S, Fort Worth, TX 76119-4338
      View Details
    • Value Estimation
      $1,065,000
      3,690 SF

      4801 Miller Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,690 SF
      4801 Miller Ave, Fort Worth, TX 76119-5030
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Fort Worth Land Opportunity

      Land available in Fort Worth, Texas.
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      View Details
    • $180,200
      1.08 Acres

      Fort Worth Vacant Land Opportunity

      Five vacant lots totaling over an acre in Fort Worth.
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      Retail Opportunity on Mansfield Highway

      Retail property for sale on Mansfield Highway in Forest Hill.
      3354 Mansfield Hwy, Forest Hill, TX 76119
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      Residential Lot Near Lake Arlington

      0.557-acre lot ready for immediate construction near Lake Arlington.
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      Commercial Land on Mansfield Highway

      Commercial land available on Mansfield Highway, great business opportunity.
      3354 Mansfield Hwy, Forest Hill, TX 76119
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      Fort Worth Vacant Land Package

      Five vacant lots near downtown Fort Worth with utility access.
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    Similar Nearby for Lease

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      1,200 SF

      Fort Worth Flex/Industrial Space

      Flex/industrial space available for lease in Fort Worth, TX.
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    • $5 SF/Yr
      5,000 SF

      Industrial Space For Rent

      5,000 square feet of industrial space available for lease.
      5900-5904 E Berry St, Fort Worth, TX 76119
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    • Contact for pricing

      Land For Rent in Fort Worth

      Land available for rent at 4901 Parker Henderson Rd.
      4901 Parker Henderson Rd, Fort Worth, TX 76119
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    • $5 SF/Yr
      364,667 SF

      Fort Worth Industrial Space Available

      Industrial property for lease with rail access and high power.
      1300 E Berry St, Fort Worth, TX 76119
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    • Contact for pricing
      5,776 SF

      Industrial Warehouse Space For Rent

      5,776 SF warehouse space available for lease.
      3929 E California Pkwy, Forest Hill, TX 76119
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    • $500 /Mo
      429,937 SF

      Fort Worth Land for Lease

      9.87 acres available for lease in Fort Worth, TX.
      3107 S Riverside Dr, Fort Worth, TX 76119
      View Details
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    3309 Horton Rd
    Forest Hill, TX 76119-6011
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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