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    Property profile & analytics

    711 Austin Ave Tulia, TX 79088

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-5943299
    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 711 Austin Ave

    Year built
    1965
    Property type
    Commercial real estate

    Description

    Mackenzie Cove, located at 711 S Austin Ave, Tulia, TX 79088, presents a compelling value-add opportunity in the multifamily market. This 18,088 square foot apartment building, constructed in 1965, comprises 24 units across two stories. The property boasts a current Pro-Forma NOI of $76,350. Recent improvements include a new roof (2022), updated windows, new laundry machines, and enhanced landscaping. The unit mix includes a combination of one- and two-bedroom floor plans. Significant upside potential exists for the next investor through the implementation of a utility bill-back system to tenants. This property offers a unique opportunity given its price per unit is 39% below the average of comparable properties in major markets along I-27. The property is situated in Swisher County, Texas. This is a single-building complex offering immediate value-add potential. The property's location provides convenient access to the I-27 corridor.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tulia
    County
    Swisher
    State
    Texas
    Longitude
    -101.76317478
    Latitude
    34.52822573

    Comparable in this City

    • New
      $299,000
      4,444 SF

      Inn at Tule Creek

      12-room inn with manager's quarters on 1.58 acres.
      912 Us 87, Tulia, TX 79088
      View Details
    • $99,995
      2,238 SF

      Two Homes on One Lot

      Two houses on one lot, ideal for investors.
      210 N Floyd Ave, Tulia, TX 79088
      View Details
    • $260,000
      12.93 Acres

      Tulia, TX Commercial Land

      12.93 acres of commercial land on I-27 & Hwy 86.
      1539 Interstate 27/Us Hwy, Tulia, TX 79088
      View Details
    • $40,000
      Pending

      Tulia Church, Event Venue

      Church/venue on corner lot with ample parking and expansion potential.
      222 N Crosby Ave, Tulia, TX 79088
      View Details
    • $3,500,000
      714,000 SF

      Tulia Industrial Storage and Land

      714,000 SF storage, grain elevators, and 73 acres.
      1200 SW 2Nd St, Tulia, TX 79088
      View Details
    • Contact for pricing
      0.26 Acres

      Residential Lot in Conner Addition

      Residential lot available in Tulia, Texas, with city utilities.
      1000 NW 11Th St, Tulia, TX 79088
      View Details

    Similar Nearby for Sale

    • New
      $299,000
      4,444 SF

      Inn at Tule Creek

      12-room inn with manager's quarters on 1.58 acres.
      912 Us 87, Tulia, TX 79088
      View Details
    • $99,995
      2,238 SF

      Two Homes on One Lot

      Two houses on one lot, ideal for investors.
      210 N Floyd Ave, Tulia, TX 79088
      View Details
    • $260,000
      12.93 Acres

      Tulia, TX Commercial Land

      12.93 acres of commercial land on I-27 & Hwy 86.
      1539 Interstate 27/Us Hwy, Tulia, TX 79088
      View Details
    • $40,000
      Pending

      Tulia Church, Event Venue

      Church/venue on corner lot with ample parking and expansion potential.
      222 N Crosby Ave, Tulia, TX 79088
      View Details
    • $3,500,000
      714,000 SF

      Tulia Industrial Storage and Land

      714,000 SF storage, grain elevators, and 73 acres.
      1200 SW 2Nd St, Tulia, TX 79088
      View Details
    • Contact for pricing
      0.26 Acres

      Residential Lot in Conner Addition

      Residential lot available in Tulia, Texas, with city utilities.
      1000 NW 11Th St, Tulia, TX 79088
      View Details
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    711 Austin Ave
    Tulia, TX 79088
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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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