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    Property profile & analytics

    Wellman, TX 79378

    • Industrial properties
    • 56,190 SF
    • 6.21 lot acres
    OFF-MARKET
    Value Estimation
    $910,000
    Location Intelligence
    Property ID
    US82-8978095
    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

    • Industrial properties

    Property Details

    Year built
    2003
    Lot size
    6.21 lot acres
    Property size
    56,190 SF
    Property type
    Industrial properties
    APN
    24424
    APU
    24424

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellman
    County
    Terry
    State
    Texas
    Longitude
    -102.43
    Latitude
    33.0477

    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
    $10,290
    $20,493
    $281,270
    $301,763
    -
    $20,493
    $281,270
    $301,763

    Comparable in this City

    • Value Estimation by Request
      0.78 Acres

      Us Hwy 62385

      INDUSTRIAL (GENERAL) • 0.78 Acres
      Us Hwy 62385, Wellman, TX 79378
      View Details
    • Value Estimation by Request
      900 SF

      Wellman, TX 79378

      INDUSTRIAL (GENERAL) • 900 SF
      Wellman, TX 79378
      View Details
    • Value Estimation
      $1,010,000
      85,522 SF

      Fm 213

      INDUSTRIAL (GENERAL) • 85,522 SF
      Fm 213, Wellman, TX 79378
      View Details
    • Value Estimation by Request
      8.86 Acres

      Wellman, TX 79378

      COMMERCIAL (GENERAL) • 8.86 Acres
      Wellman, TX 79378
      View Details
    • Value Estimation by Request
      11,483 SF

      504 Terry Ave

      COMMERCIAL (GENERAL) • 11,483 SF
      504 Terry Ave, Wellman, TX 79378
      View Details
    • Value Estimation by Request
      1,680 SF

      303 3rd St

      COMMERCIAL (GENERAL) • 1,680 SF
      303 3rd St, Wellman, TX 79378
      View Details

    Similar Nearby for Sale

    • $36,000
      2.50 Acres

      Spacious Land in Wellman, Texas

      2.5 acre lot for dream home in peaceful country setting.
      197 Pr, Wellman, TX 79378
      View Details
    • $2,500,000
      125.00 Acres

      Yoakum County Vineyard - Prime Farmland

      Texas Vineyard & Farmland - 125 Acres
      1780 Hwy, Wellman, TX 79378
      View Details
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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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