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    Property profile & analytics

    7490 Fm 321 Tenn Colony, TX 75861-2524

    • Commercial real estate
    • 900 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    $505,000
    Last Sale
    Jul 21, 2020
    Location Intelligence
    Property ID
    US82-7945775
    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 7490 Fm 321

    Year built
    1987
    Lot size
    1.51 lot acres
    Property size
    900 SF
    Property type
    Commercial real estate
    APN
    R17071
    APU
    R17071

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tenn Colony
    County
    Anderson
    State
    Texas
    Longitude
    -95.8446
    Latitude
    31.8355
    CBSA code
    37300
    CBSA name
    PALESTINE, 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
    $1,814
    $31,050
    $62,804
    $93,854
    -
    $31,050
    $62,804
    $93,854

    Comparable in this City

    • Value Estimation by Request
      117.87 Acres

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      COMMERCIAL (GENERAL) • 117.87 Acres
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    • Value Estimation by Request
      896 SF

      2199 Spur 324

      COMMERCIAL (GENERAL) • 896 SF
      2199 Spur 324, Tennessee Colony, TX 75861
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    • Value Estimation
      $615,000
      8,400 SF

      17500 Us Hwy 287

      COMMERCIAL (GENERAL) • 8,400 SF
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    • Value Estimation by Request
      2,138 SF

      1111 An County Rd 2217

      COMMERCIAL (GENERAL) • 2,138 SF
      1111 An County Rd 2217, Tennessee Colony, TX 75861-2309
      View Details
    • Value Estimation
      $425,000
      1,479 SF

      7289 Fm 321

      COMMERCIAL (GENERAL) • 1,479 SF
      7289 Fm 321, Tennessee Colony, TX 75861-2445
      View Details
    • Value Estimation
      $510,000
      4,900 SF

      1814 Fm 645

      COMMERCIAL (GENERAL) • 4,900 SF
      1814 Fm 645, Tennessee Colony, TX 75861-2542
      View Details

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      3.4 acres of unrestricted land perfect for building or recreation.
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    Tenn Colony, TX 75861-2524
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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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