407 Milton St Hewitt, TX 76643-2943
M-P planned industrial district. 1.203. Boundaries of districts. Where uncertainty exists with respect to the boundaries of the various districts as shown on the map accompanying and made a part of this ordinance, the following rules apply: A. The district boundaries are street, alley, and property lines unless otherwise shown, and where the districts design…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
M · Hewitt, TXM-P planned industrial district. 1.203. Boundaries of districts. Where uncertainty exists with respect to the boundaries of the various districts as shown on the map accompanying and made a part of this ordinance, the following rules apply: A. The district boundaries are street, alley, and property lines unless otherwise shown, and where the districts designated on the map accompanying and made a part of this ordinance are bounded approximately by street, alley, or property line, the centerline of such street or alley or property line shall be construed to be the boundary of the district. Whenever council vacates a street or alley, adjacent districts shall extend to the centerline of the vacation. B. Where the district boundaries are not otherwise indicated, and where the property has been or may hereafter be divided into blocks and lots, the district boundaries shall be construed to be property lines and where the districts designated on the map accompanying and made a part of this ordinance are bounded approximately by lot lines, the lot lines shall be construed to be the boundary of the districts, unless the boundaries are indicated on the map. C. In unsubdivided property, the district boundary lines on the map accompanying and made a part of this ordinance shall be determined by use of the scale appearing on the map, unless shown by dimension. D. In the case of a district boundary line dividing a property into two parts, the district boundary line shall be construed to be the property line nearest the less restricted district. 1.204. Zoning map. The city shall maintain an official zoning map showing the boundaries of the districts. All changes in zoning shall be placed on the map showing the boundaries of the area affected together with the date that the change became effective. A copy of the official zoning map shall be attached to and be made a part of this ordinance. 1.205. Land annexed to city. All new territory hereafter annexed to the City of Hewitt shall be classified as R-1 district except as hereinafter provided. A. Any ordinance hereafter annexing new territory to the City of Hewitt may include, as a part thereof, a map or plat, showing the zoning classifications for the area being annexed. B. When new territory has been annexed to the City of Hewitt without an accompanying zoning plan, the city planning and zoning commission may hold public hearings to determine whether or not any part or all of such newly annexed territory shall be rezoned to comply generally with the master plan of the City of Hewitt.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.