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    Property profile & analytics

    Hwy 251 Newcastle, TX 76372

    • Commercial real estate
    • 13,601 SF
    • 4.77 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Location Intelligence
    Property ID
    US82-9143077
    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 Hwy 251

    Year built
    2006
    Lot size
    4.77 lot acres
    Property size
    13,601 SF
    Property type
    Commercial real estate
    APN
    39360
    APU
    39360

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    Young
    State
    Texas
    Longitude
    -98.7403
    Latitude
    33.2479

    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
    $2,684
    $19,080
    $98,210
    $117,290
    -
    $19,080
    $98,210
    $117,290

    Comparable in this City

    • Value Estimation by Request
      2.43 Acres

      Newcastle, TX 76372

      COMMERCIAL (GENERAL) • 2.43 Acres
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      1,204 SF

      106 Broadway Ave

      COMMERCIAL (GENERAL) • 1,204 SF
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      3,200 SF

      401 Houston St

      COMMERCIAL (GENERAL) • 3,200 SF
      401 Houston St, Newcastle, TX 76372
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      0.80 Acres

      Texas Kemp Lubbock

      COMMERCIAL (GENERAL) • 0.80 Acres
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      0.04 Acres

      6411 Hwy 79

      COMMERCIAL (GENERAL) • 0.04 Acres
      6411 Hwy 79, Elbert, TX 76372-5812
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    • Value Estimation by Request
      2,500 SF

      620 Broadway Ave

      COMMERCIAL (GENERAL) • 2,500 SF
      620 Broadway Ave, Newcastle, TX 76372
      View Details

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      Retail Opportunity in Newcastle, TX

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    Hwy 251
    Newcastle, TX 76372
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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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