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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Apartment buildings
1011 Lucksinger Rd Mission, TX 78572-0154
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-4804844
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2021
Total area
15,304 SF
Lot
5.29 ac (230,432 SF)
Zoning code
RS
APN
S3000-00-000-0089-00
UPID
US82-4804844
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lucksinger Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$936k
Blend (final)
Blend
$815k
Owner & transaction history
Lucksinger Apartments LLC · 5 yrs held
Lucksinger Apartments LLC
since 2020
7 recorded transactions
Zoning & alternative use
RS · Mission, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mission submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$800,000
Current use
Blend value · Realmo final
$815k
Range $734k – $897k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$53 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$106,317
Tax year 2022
Assessed value
$4,158,058
Assessed 2023
Previous assessed
$4,158,058
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$341,205
Assessed improvement
$3,816,853
Land market value
$341,205
Improvement market value
$3,816,853
Total market value
$4,158,058
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2021
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Units
22
Total area
15,304 SF
Lot
5.29 ac (230,432 SF)
Zoning code
RS
APN
S3000-00-000-0089-00
UPID
US82-4804844
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mission, TX
Zoning RS · permitted uses
RS · Mission, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$800,000
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Units
22
Lot
5.29 ac
Current owner
From public records · entity-resolved
Lucksinger Apartments LLC
Entity
Mailing address
808 S SHARY RD #5216, MISSION, TX 78572-8568
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Lucksinger Apartments LLC
Ronald C Briley
Grant Deed
$3,500,000 · Rio Bk
Oct 9, 2020
—
Ronald C Briley
Mv Dev Group I LP
Grant Deed
related
—
Feb 4, 2019
—
Mv Development Group I LP
Casa Bonita Enterprises LLC
Venders Lien
$506,250 · Grand Bank Of Texas
Jan 14, 2015
—
Casa Bonita Ents LLC
American Steel Systems & Svc I
Warranty Deed
related
—
Mar 27, 2014
—
American Steel Systems & Svc I
Livesay,kent
Warranty Deed
$219,000 · Rio Bk
Sep 17, 2009
—
Richard K Livesay
—
Trustees Deed
related
—
Jun 16, 2009
—
Richard K Livesay
—
Trustees Deed
related
—
Sep 18, 2008
—
Richard K Livesay
—
Trustees Deed
related
$465,000 · Laredo National Bank
Jun 5, 2006
—
Kent Livesay
Castillo,randy R
Warranty Deed
$465,000 · Laredo National Bank
Mar 10, 2006
—
Randy R Castillo
Castillo & Sons INC
Quit Claim Deed
related
—
—
—
R Kent Livesay PC
—
Deed Of Trust
related
$300,000 · Texas Community Bank & Trust
—
—
R Kent Livesay PC
—
Deed Of Trust
related
$100,274 · Texas Community Bank & Trust
—
—
Mv Dev Group I LP
—
Loan Modification
related
$506,250 · Bancorpsouth
—
—
Richard K Livesay
—
Deed Of Trust
related
$465,000 · Laredo National Bank
—
—
Kent Livesay
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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