Fm 2483, Morgans Point Resort, TX 76513 – Commercial Improved Land

CommercialYear Built 1987Total Assessed Value $199,285County Bell

Property Details

The Commercial property Fm 2483, Morgans Point Resort, TX 76513 is located in Bell County. The specific property type is Commercial Improved Land. The total assessed value of this property is $199,285.

The gross building area is 4,500 square feet and the land area is 21,614 square feet for this Commercial Improved Land built in 1987.

Legal description: City/Muni/Twp:City Of Morgans Point Lakewood Ranches Section Two, Block 001, Lot 022I, Acres .4962

$199,285

Market Value

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Cap Rate

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NOI

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Occupancy

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area4,500

Land Size21,614

Land Value$16,211

Improved Value$183,074

Total Assessed Value$199,285

Year Built1987

County NameBell

Account Number38192

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Roof CoverOther

Roof TypeFlat

Type ConstructionOther

Exterior WallsRock, stone

Sales History

7/29/2021

Arms-length$250,000

Buyer

First Pentecostal Church Of Rockdale

Seller

Tubbvestments Llcseries A

Book Number

2021.50125

Recording Date

7/29/2021

Transaction Details

First Pentecostal Church Of Rockdale acquired the property from Tubbvestments Llcseries A through a Arms-length transaction on 7/29/2021 for $250,000.

11/13/2014

OtherNot Disclosed

Buyer

First Pentecostal Church Of Rockdale

Seller

Tubbs, Terry L & Ross Vest

Book Number

Recording Date

11/13/2014

Transaction Details

First Pentecostal Church Of Rockdale acquired the property from Tubbs, Terry L & Ross Vest through a Other transaction on 11/13/2014 for .

Property constructed in 1987

YSale Price (USD) byXSales Year

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Mortgage History

7/29/2021

Helocs both purchase money and non purchase money helocs$200,000

Borrower

First Pentecostal Church Of Rockdale

Lender

Tubb Vestments Llc

Book Number

2021.50126

Recording Date

7/29/2021

Transaction Details

First Pentecostal Church Of Rockdale borrowed the property from Tubb Vestments Llc through a Helocs both purchase money and non purchase money helocs transaction on 7/29/2021 for $200,000.

10/10/2008

Arms length residential transactions purchase or resales$100,000

Borrower

Tubbs Terry L

Lender

Union State Bank

Book Number

2008.42044

Recording Date

10/10/2008

Transaction Details

Tubbs Terry L borrowed the property from Union State Bank through a Arms length residential transactions purchase or resales transaction on 10/10/2008 for $100,000.

Property constructed in 1987

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Assessment History

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	$16,211	$183,074	$199,285	$199,285	First Pentecostal Ch...	-	City/Muni/Twp:City O...	Cbel01Rss	Lakewood Ranches Sec...	21,614	4,500
2024	$16,211	$183,074	$199,285	$199,285	First Pentecostal Ch...	Po Box 107, Rockdale...	Lakewood Ranches Sec...	CBEL01RRS	S1257Mp	21,614	4,500
2023	$16,211	$178,799	$195,010	$195,010	First Pentecostal Ch...	Po Box 107, Rockdale...	Lakewood Ranches Sec...	CBEL01RRS	S1257Mp	21,614	4,500
2022	$16,211	$148,508	$164,719	$164,719	First Pentecostal Ch...	Po Box 107, Rockdale...	Lakewood Ranches Sec...	CBEL01RRS	S1257Mp	21,614	4,500
2021	$16,211	$122,764	$138,975	$138,975	Tubbvestments Llc-se...	1719 W Avenue M Ste ...	Lakewood Ranches Sec...	CBEL01RRS	S1257MP	21,614	4,500
2020	$16,211	$108,664	$124,875	$124,875	Tubbvestments Llc-se...	1719 W Avenue M Ste ...	Lakewood Ranches Sec...	CBEL01RRS	S1257MP	21,614	4,500
2019	$16,211	$91,244	$107,455	$107,455	Tubbvestments Llc-se...	1719 W Avenue M Ste ...	Lakewood Ranches Sec...	CBEL01RRS	S1257MP	21,614	4,500
2018	$16,211	$88,398	$104,609	$104,609	Tubbvestments Llc-se...	1719 W Avenue M Ste ...	LAKEWOOD RANCHES SEC...	MP1-F	S1257MP	21,614	4,500
2017	$16,211	$85,862	$102,073	$102,073	Tubbvestments Llc-se...	1719 W Avenue M Ste ...	LAKEWOOD RANCHES SEC...	MP1-F	S1257MP	21,614	4,500
2016	$16,211	$101,733	$117,944	$117,944	Tubbvestments Llc-se...	1719 W Avenue M Ste ...	Lakewood Ranches Sec...	MP1-F	S1257MP	21,614	4,500

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	Fm 2483, Morgans Point Resort, TX 76513	—	-	21,614	1987	4,500	$ 199,285	$ 16,211	-
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
Brazos County Bank	245 S General Bruce Dr, Temple, TX 76504	08/13/2025	$ 3,041,250	71,221	2019	13,416	$ 1,477,778	$ 257,819	Oak Mott Enterprises Llc
First Texas Bank	1975 Circle T Dr, Copperas Cove, TX 76522	08/04/2025	$ 287,797	325,393	0	35,423,719	-	-	Gymkix Llc
Keybank National Association	Fm 439, Killeen, TX 76543	07/31/2025	$ 8,479,000	336,545	1985	29	$ 87,810	$ 214,931	-
Classic Bank Na	103 S Main, Thorndale, TX 76577	07/28/2025	$ 424,500	3,001	2002	1,775	$ 164,892	$ 16,950
Us Bank National Association	1701 W 4th, Cameron, TX 76520	07/25/2025	$ 330,000	89,690	1976	16,200	$ 400,284	$ 242,280	Marut Plaza Llc
Incommons Bank Na	108 Bridge, Marlin, TX 76661	05/29/2025	$ 221,000	2,178	0	3,600	$ 54,636	$ 2,070
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
Round Top State Bank	5765 Knob Creek Rd, Temple, TX 76501	04/17/2025	$ 250,000	313,632	2024	276	$ 342,611	$ 193,824

Mean$ 1,250,615

Median$ 525,000.0

Loan Amount Range$ 55,000 - $ 8,479,000

Showing 1 to 10 of 26 entries

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License Details

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