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    Property profile & analytics

    703 Main St Balmorhea, TX 79718

    • Commercial real estate
    • 1,216 SF
    • 3.08 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US82-6200128
    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 703 Main St

    Year built
    2013
    Lot size
    3.08 lot acres
    Property size
    1,216 SF
    Property type
    Commercial real estate
    APN
    33581
    APU
    33581

    Description

    This exceptional 3.08-acre commercial property at 703 N Main St, Balmorhea, TX, presents a lucrative investment opportunity. The property boasts a centrally located RV park, just a short drive from the renowned Balmorhea State Park and Lake Balmorhea, offering easy access to popular recreational activities including scuba diving, swimming, snorkeling, hiking, and ATV riding. The park features 32 RV hookups equipped with 30, 50, and 20-amp electrical service, water, sewer, and Wi-Fi. Adding to its versatility, the property includes a 1,216 square foot manufactured home with four bedrooms and four bathrooms, ideal for accommodating workers from nearby oilfields in Verhalen or Pecos. The property's strategic location and diverse amenities make it an attractive investment for those seeking a thriving business in a desirable recreational area. The 1216 sqft manufactured home offers additional income potential or comfortable on-site management. This turnkey operation is ready for a new owner to capitalize on the existing infrastructure and high demand for recreational lodging in this unique Texas location. The property's size and amenities provide ample room for expansion and further development. This is a rare opportunity to acquire a well-established business with significant growth potential.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Balmorhea
    County
    Reeves
    State
    Texas
    Longitude
    -103.749
    Latitude
    30.9851
    CBSA code
    37780
    CBSA name
    PECOS, TX MICROPOLITAN 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
    2022
    $4,257
    $47,870
    $139,549
    $187,419
    -
    $47,870
    $139,549
    $187,419

    Comparable in this City

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    703 Main St
    Balmorhea, TX 79718
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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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