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    Property profile & analytics

    503 Grover St Ellinger, TX 78938-5037

    • Commercial real estate
    • 960 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-8404890
    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 503 Grover St

    Lot size
    0.08 lot acres
    Property size
    960 SF
    Property type
    Commercial real estate
    APN
    34446
    APU
    34446

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ellinger
    County
    Fayette
    State
    Texas
    Longitude
    -96.7059
    Latitude
    29.8392

    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
    $335
    $6,620
    $27,910
    $34,530
    -
    $6,620
    $27,910
    $34,530

    Comparable in this City

    • Value Estimation by Request
      576 SF

      205 Fayette

      COMMERCIAL (GENERAL) • 576 SF
      205 Fayette, Ellinger, TX 78938
      View Details
    • Value Estimation by Request
      1,200 SF

      406 Fordtrand St

      COMMERCIAL (GENERAL) • 1,200 SF
      406 Fordtrand St, Ellinger, TX 78938-5112
      View Details
    • Value Estimation by Request
      896 SF

      501 Grover St

      COMMERCIAL (GENERAL) • 896 SF
      501 Grover St, Ellinger, TX 78938
      View Details
    • Value Estimation by Request
      10,626 SF

      109 State Hwy 71

      COMMERCIAL (GENERAL) • 10,626 SF
      109 State Hwy 71, Ellinger, TX 78938-5126
      View Details
    • Value Estimation by Request
      0.29 Acres

      Fm 2503rd St

      COMMERCIAL (GENERAL) • 0.29 Acres
      Fm 2503rd St, Ellinger, TX 78938
      View Details
    • Value Estimation by Request
      0.29 Acres

      Fm 2503rd St

      COMMERCIAL (GENERAL) • 0.29 Acres
      Fm 2503rd St, Ellinger, TX 78938
      View Details

    Similar Nearby for Sale

    • $225,000

      Cleared Land Ready for Development

      Two commercial lots with highway frontage ready for development.
      Hwy 71 St, Ellinger, TX 78938
      View Details
    • $1,500,000

      Ellinger Acreage with Mineral Rights

      61.21 acres in Ellinger, TX with mineral rights.
      812 W Tobias Rd, Ellinger, TX 78938
      View Details
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    503 Grover St
    Ellinger, TX 78938-5037
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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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