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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Garden apartment buildings
1160 Garraty Rd Terrell Hills, TX 78209-6017
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-3002270
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Total area
3,300 SF
Lot
0.92 ac (40,249 SF)
APN
05526-002-0381
UPID
US82-3002270
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$326k
Blend (final)
Blend
$500k
Owner & transaction history
Nic Villa LLC · 5 yrs held
Nic Villa LLC
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$390,000
+60.4%
Retail stores
$325,000
+33.2%
Medical building
$310,000
+26.4%
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 Terrell Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Terrell Hills 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
$485,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$520,000
7%
$480,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$390,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$325,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$310,000
Change: +26% · Conversion: Moderate
COMMERCIAL (GENERAL)
$305,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$152 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,737
Tax year 2023
Assessed value
$1,123,240
Assessed 2023
Previous assessed
$1,123,240
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$674,870
Assessed improvement
$448,370
Land market value
$674,870
Improvement market value
$448,370
Total market value
$1,123,240
Applied tax rate
6.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1960
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Total area
3,300 SF
Lot
0.92 ac (40,249 SF)
APN
05526-002-0381
UPID
US82-3002270
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$390,000
RETAIL STORES
Est. value
$325,000
MEDICAL BUILDING
Est. value
$310,000
COMMERCIAL (GENERAL)
Est. value
$305,000
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1960
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
0.92 ac
Current owner
From public records · entity-resolved
Nic Villa LLC
Entity
Mailing address
2303 RNCH RD 620TH S STE #160, LAKEWAY, TX 78734-6229
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
—
Nic Villa LLC
—
Deed
related
$850,000 · Kenneth E Rose 1994 Trust
Jun 2, 2022
—
Nic Villa LLC
—
Deed
related
$2,012,500 · Genesis Capital LLC
Jul 29, 2021
—
Nic Villa LLC
Golidline Investments LLC
Venders Lien
$1,235,000 · Kenneth E Rose 1994 Trust
May 14, 2019
—
Fout Kai LLC
—
Deed
related
$60,000 · Randolph Brooks FCU
Apr 30, 2019
—
Four Kal LLC
—
Deed
related
$60,000 · Randolph Brooks FCU
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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