The Commercial property Fm 487, TX is located in Milam County. The specific property type is Commercial Improved Land. The total assessed value of this property is $313,320.
The gross building area is 5,363 square feet and the land area is 70,132 square feet for this Commercial Improved Land built in 1947.
Legal description: S07850 Davilla 1.61 Acres Town Square
| Assessment Year ↓ | Assessed Land Value ↕ | Assessed Improved Value ↕ | Assessed Total Value ↕ | Market Value ↕ | Owner Name ↕ | Owner Address ↕ | Legal Description ↕ | Neighborhood Code ↕ | Sub Division ↕ | Land Size (SF) ↕ | GBA (SF) ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $93,380 | $219,940 | $313,320 | $313,320 | John Reece | - | S07850 Davilla 1.61 ... | R Res 1 | Davilla | 70,132 | 5,363 |
| 2024 | $26,570 | $147,680 | $174,250 | $174,250 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 Davilla 1.61 ... | BELL.3 | S07850 | 70,132 | 3,918 |
| 2023 | $26,570 | $119,630 | $146,200 | $146,200 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 Davilla 1.61 ... | BELL.3 | S07850 | 70,132 | 5,043 |
| 2022 | $26,570 | $100,870 | $127,440 | $127,440 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 Davilla 1.61 ... | BELL.3 | S07850 | 70,132 | 6,147 |
| 2021 | $26,570 | $74,560 | $101,130 | $101,130 | John Reece | 1504 Blanchard Dr | S07850 DAVILLA 1.61 ... | .3 | DAVILLA | 70,132 | 6,052 |
| 2019 | $9,660 | $56,210 | $65,870 | $65,870 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 DAVILLA 1.61 ... | BELL3 | - | 70,132 | 4,372 |
| 2018 | $9,660 | $42,390 | $52,050 | $52,050 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 DAVILLA 1.61 ... | COM | - | 70,132 | 4,372 |
| 2017 | $9,660 | $37,930 | $47,590 | $47,590 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 DAVILLA ACRES... | COM | - | 70,132 | 4,372 |
| 2016 | $9,660 | $37,930 | $47,590 | $47,590 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 DAVILLA 1.61 ... | COM | - | 70,132 | 4,372 |
| 2015 | $9,660 | $38,510 | $48,170 | $48,170 | Reece John & Elizabe... | 1504 Blanchard Dr, R... | S07850 DAVILLA 1.61 ... | COM | - | 70,132 | 4,372 |
| Lender Name | Property Address | Loan Date | Mortgage Amount | Land Size (SF) | Year Built | GBA (SF) | Total Assessed Value | Land Assessed Value | Borrower |
|---|---|---|---|---|---|---|---|---|---|
| — | Fm 487, TX | — | - | 70,132 | 1947 | 5,363 | $ 313,320 | $ 93,380 | - |
| Commerce Bank | 7212 Boyce Ln, Laredo, TX 78653 | 01/31/2025 | $ 55,883,462 | 455,855 | 0 | - | $ 487,238 | $ 824,244 | Pinnacle Mines Investments Llc |
| The First Natl Bankmcgregor | 9630 E Us Hwy 190, Rogers, TX 76569 | 09/22/2025 | $ 5,219,000 | 592,416 | 2023 | 3,706 | $ 2,151,733 | $ 291,040 | - |
| Tfnbyour Bank | 1209 N Bus Hwy 6, Marlin, TX 76661 | 09/06/2024 | $ 2,551,125 | 240,016 | 0 | 19,194 | $ 354,360 | $ 110,200 | Texstar Equipment Sales Llc |
| Red Pine Credit Fund V Llc | 2053 Fm 2657, Copperas Cove, TX 76522 | 01/31/2025 | $ 2,096,226 | 33,106 | 1999 | 13,200 | $ 587,670 | $ 45,600 | Auto Street Portfolio Owner Ii Llc |
| Seacoast National Bank | 2053 Fm 2657, Copperas Cove, TX 76522 | 04/21/2025 | $ 1,890,000 | 33,106 | 1999 | 13,200 | $ 587,670 | $ 45,600 | Loger Management Llc |
| Seacoast National Bank | Fm 2657, Copperas Cove, TX 76522 | 04/21/2025 | $ 1,890,000 | 0 | 0 | - | $ 53,670 | $ 53,670 | Loger Management Llc |
| First Central Credit Union | Hwy 77, Chilton, TX 76632 | 08/15/2025 | $ 1,282,500 | 494,493 | 0 | 52,656 | $ 672,050 | $ 279,800 | Waco Outlaw Investments |
| Paradowski Ventures Llc | 301 E Ave E, Milano, TX 76556 | 03/28/2025 | $ 1,000,000 | 3,450 | 2003 | 1,575 | $ 8,520 | $ 6,690 | Real T Connection Llc |
| The First Natl Bankmcgregor | 9630 E Us Hwy 190, Rogers, TX 76569 | 01/24/2025 | $ 967,967 | 592,416 | 2023 | 3,706 | $ 2,151,733 | $ 291,040 | Cecp Enterprises Llc |
| Rocket Mortgage Llc | 2799 Fm 2657, Copperas Cove, TX 76522 | 11/22/2024 | $ 698,400 | 32,670 | 0 | 35,423,719 | - | - |
| Address | Assessors Parcel Number | Property Type | Property Sub Type | Owner Name | County | Miles | Sale Price | Sale Date | Price / SF | Year Built | GBA | Units |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fm 487, TX | R27014 | Commercial | Commercial Improved Land | John Reece | Milam | - | - | - | - | 1947 | 5,363 | - |
| 121 E Cameron Ave, Rockdale, TX 76567 | R27586 | Commercial | Commercial Improved Land | Jd Elzner Holdings Llc | Milam | 18.6 | $ 532,000 | 04/07/2025 | $ 98.59 | 1947 | 5,396 | - |
| 3401 Fm 972, Georgetown, TX 78626 | R606285 | Commercial | Commercial Improved Land | Mickan Motor Company Inc | Williamson | 19.4 | $ 665,000 | 05/28/2026 | $ 85.81 | 1970 | 7,750 | - |
| 401 S Houston, Cameron, TX 76520 | R23929 | Commercial | Commercial Improved Land | Acosta Thomas Jr & Linda Susan | Milam | 18.2 | $ 275,000 | 09/22/2025 | $ 47.78 | 1980 | 5,756 | - |
| 602 N Travis, Cameron, TX 76520 | R20515 | Commercial | Commercial Improved Land | Barrera Juan Almengor | Milam | 18.4 | $ 191,719 | 01/31/2025 | $ 90.26 | 1981 | 2,124 | - |
| Fm 2271, Morgans Point Resort, TX 76513 | 20978 | Commercial | Commercial Improved Land | City Morgans Point Resort | Bell | 27.3 | $ 166,277 | 11/05/2024 | $ 34.64 | 1986 | 4,800 | - |
| Highway 317, Temple, TX | 19558 | Commercial | Commercial Improved Land | Peggy Joyce Chatham | Bell | 28.4 | $ 395,690 | 01/22/2024 | $ 113.70 | 1950 | 3,480 | - |
| 111 Main W, Cameron, TX 76520 | R13968 | Commercial | Commercial Improved Land | Montes Ana & Alani Sarmad | Milam | 18.3 | $ 180,000 | 02/29/2024 | $ 18.72 | 1947 | 9,616 | - |
| Highway 195, Killeen, TX 76542 | 20890 | Commercial | Commercial Improved Land | City Killeen | Bell | 32.6 | $ 392,288 | 04/24/2025 | $ 45.09 | 1975 | 8,700 | - |
| Ofcwashingtonst, Eddy, TX 76524 | 105186 | Commercial | Commercial Improved Land | Waco Regional Baptist Association Inc | McLennan | 35.6 | $ 418,950 | 02/13/2026 | $ 174.85 | 1912 | 2,396 | - |
| 210 S Magnolia St, Hearne, TX 77859 | 080000-024380 | Commercial | Commercial Improved Land | Legacy Builders 21, Llc | Robertson | 41.0 | $ 30,018 | 11/01/2024 | $ 13.34 | 1935 | 2,250 | - |