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

    590 Fm 156th S Haslet, TX 76052-3627

    • Medical offices
    • 6,504 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6025245
    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

    • Kid Care Pediatrics / Medical Clinic / Pediatrician
    • Edward Jones - Financial Advisor: Nichelle L Davis / Financial Consultant / Finance Broker
    • Dr. Omar Gomez / Pediatrician
    • Michelle Mckane / Pediatrician / Emergency Care Physician
    • Michelle Martinez Mckane / Pediatrician / Emergency Care Physician

    Property Details for 590 Fm 156th S

    Year built
    2012
    Lot size
    0.85 lot acres
    Property size
    6,504 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    23854-1-11
    APU
    23854111

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $465,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $620,000
      Market price range: $372k - $743k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $535,000
      Current use
      RESTAURANT
      $750,000
      Change: +40% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $645,000
      Change: +21% Conversion: Difficult
      OFFICE BUILDING
      $635,000
      Change: +19% Conversion: Easy
      RETAIL STORES
      $560,000
      Change: +5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Haslet
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3538
    Latitude
    32.9671
    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
    $29,977
    $186,000
    $1,377,851
    $1,563,851
    -
    $186,000
    $1,377,851
    $1,563,851

    Comparable in this City

    • Value Estimation
      $540,000
      5,850 SF

      544 Fm 156th S

      MEDICAL BUILDING • 5,850 SF
      544 Fm 156th S, Haslet, TX 76052-3666
      View Details
    • Value Estimation
      $440,000
      2,039 SF

      1449 Avondale Haslet Rd

      MEDICAL BUILDING • 2,039 SF
      1449 Avondale Haslet Rd, Haslet, TX 76052-3510
      View Details
    • Value Estimation
      $415,000
      4,674 SF

      570 Fm 156th S

      DENTAL BUILDING • 4,674 SF
      570 Fm 156th S, Haslet, TX 76052-3624
      View Details
    • Value Estimation
      $395,000
      4,918 SF

      1373 Avondale Haslet Rd

      DENTAL BUILDING • 4,918 SF
      1373 Avondale Haslet Rd, Fort Worth, TX 76052-3511
      View Details
    • Value Estimation by Request
      14.60 Acres

      1204 Blue Mound Rd

      Individual retail properties • 3,026 SF
      1204 Blue Mound Rd, Haslet, TX 76052
      View Details
    • Value Estimation
      $275,000
      2,176 SF

      205 Fm 156th N

      OFFICE BUILDING • 2,176 SF
      205 Fm 156th N, Haslet, TX 76052-3007
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22.20 Acres

      Prime 22-Acre Commercial Land

      Fort Worth, TX development opportunity.
      0 Haslet Etj - Sec - Haslet Pkwy. & Harmon Rd, Fort Worth, TX 76052
      View Details
    • $225,000
      0.50 Acres

      Half-Acre Lot in Haslet, TX

      Half-acre lot in The Vines of Haslet neighborhood.
      2120 Sicily Ln, Haslet, TX 76052
      View Details
    • $675,000
      1.28 Acres

      Commercial Land in Haslet, TX

      1.28-acre commercial land for development in Haslet, Texas.
      1404 Fm 156 S, Haslet, TX 76052
      View Details
    • $795,000
      1.38 Acres

      Highway Frontage Land in Fort Worth

      1.38 acre commercial land with highway frontage in Fort Worth.
      11450 Highway 287 NW, Haslet, TX 76052
      View Details
    • Contact for pricing

      Commercial Land Near Fort Worth

      Land with utilities on site, near Fort Worth Airport.
      102 Schoolhouse Rd, Haslet, TX 76052
      View Details
    • Contact for pricing
      9.60 Acres

      Haslet, TX Pad Sites - 9.6 Acres

      Prime commercial land, high-growth area, excellent visibility.
      11490 Willow Springs Rd, Haslet, TX 76052
      View Details

    Similar Nearby for Lease

    • New
      $6,416 /Mo
      201,596 SF

      Fort Worth Medical/Office Space

      Office space suitable for medical, dental, or general office use.
      1205 Avondale Haslet Rd, Fort Worth, TX 76052
      View Details
    • Contact for pricing
      8,400 SF

      Executive Suites, Willow Springs Rd.

      Class A Office Space Available Now
      12500 Willow Springs Rd, Haslet, TX 76052
      View Details
    • $186 SF/Yr
      8,750 SF

      Willow Springs Business Park Flex Space

      Haslet, TX flex space; 2,500-6,250 sq ft available.
      2020 Avondale-Haslet Rd, Haslet, TX 76052
      View Details
    • Contact for pricing

      Warehouse/Distribution Facility in Haslet, TX

      Two-story warehouse/distribution facility in Alliance Gateway industrial corridor.
      1701 Intermodal Pkwy, Haslet, TX 76052
      View Details
    • Contact for pricing
      16,600 SF

      Shops at Sendera Ranch: Haslet, TX

      New Retail Space - 16,600 SF Available
      13951 Sendera Ranch Blvd, Haslet, TX 76052
      View Details
    • Contact for pricing
      21 SF

      Land for Lease in Haslet

      Land available for lease in Haslet, Texas.
      112 Harmon Rd, Haslet, TX 76052
      View Details
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    Haslet, TX 76052-3627
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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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