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Property profile & analytics

515th Butterfly Ln Red Oak, TX 75154-4209

  • Commercial real estate
  • 480 SF
  • 0.21 lot acres
OFF-MARKET
Value Estimation
$260,000
Last Sale
Mar 22, 2024
$248,000
Location Intelligence
Property ID
US82-4043315
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 515th Butterfly Ln

Year built
1965
Lot size
0.21 lot acres
Property size
480 SF
Property type
Commercial real estate
APN
72.4740.903.008.00.111
APU
72474090300800111

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $250,000
  • CAP approach

    CAP return
    Estimation
    6%
    $295,000
    6.5%
    $310,000
    7%
    $280,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $290,000
    Geo Method
    $315,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $245,000
    Retail
    $270,000
    Mixed-Use
    $335,000
    Hospitality
    $275,000
    Educational
    $260,000
    Residential Income
    $320,000
    Energy
    $280,000
    Income-Based Land
    $270,000
    Food Service
    $280,000

Location Insight

  • Map
  • Local Demand
City
Red Oak
County
Ellis
State
Texas
Longitude
-96.8085
Latitude
32.5315
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
2018
$1,395
$242,352
$24,760
$267,112
-
$242,352
$24,760
$267,112
More about this property
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