101 Macrae Ln Kirby, TX 78219-1062
Property Lookup
Property profile & analytics
101 Macrae Ln Kirby, TX 78219-1062
- Garden apartment buildings
- 18,207 SF
- 1.68 lot acres
Property ID
US82-2162467
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.
Location Intelligence
Current Use by Public Records
- Garden apartment buildings
Property Details for 101 Macrae Ln
- Year built
- 1972
- Lot size
- 1.68 lot acres
- Property size
- 18,207 SF
- Property type
- Garden apartment buildings
- APN
- 05779-000-0252
- APU
- 57790000252
Description
Briarwood Apartments presents a compelling value-add investment opportunity in Kirby, Texas. This 31-unit apartment building, totaling 16,505 net rentable square feet, sits on a 1.68-acre lot and boasts 94% occupancy as of June 17, 2024. The property comprises eight single-story buildings constructed in 1972 and is zoned OCL. Its prime location offers easy access to major transportation arteries, including Interstate 35 and Loop 410, experiencing high daily traffic volume exceeding 90,000 vehicles. This translates to a highly desirable location for potential residents. The property benefits from recent capital improvements, including resurfaced parking lots, HVAC replacements, electrical repairs, and interior upgrades such as refreshed cabinets, new tiles and tubs, and fresh paint. However, further value-add potential exists through additional interior renovations, such as granite countertops, faux-wood flooring, modern fixtures, painted kitchen cabinets, and stainless-steel appliances, allowing for increased rental rates and attracting a higher-quality resident base. The property's proximity to downtown San Antonio (approximately 10 minutes east), Alamo Heights, and The Pearl, combined with the growing employment hub in Northeast San Antonio, makes this a strong investment prospect. This asset offers significant upside potential due to increasing rental rates in the submarket and the opportunity for further unit upgrades.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $600,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $577,000
Market price range: $578k - $1.78M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kirby
- County
- Bexar
- State
- Texas
- Longitude
- -98.3924
- Latitude
- 29.4669
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN 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
2023
$31,748
$110,170
$1,229,830
$1,340,000
-
$110,170
$1,229,830
$1,340,000
