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Property profile & analytics
FOR SALE
Office buildings
1211 South White Chapel Blvd Southlake, TX 76092
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2307804
For Sale
1 / 2
Contact for pricing
1211 South White Chapel Blvd, Southlake, TX 76092
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
8,328 SF
Lot
1.29 ac (56,236 SF)
APN
25707H--2R5
UPID
US82-2307804
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kcap Re Fund III LLC · 4 yrs held
Kcap Re Fund III LLC
since 2021
7 recorded transactions
Zoning & alternative use
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 Southlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southlake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$25,478
Tax year 2023
Assessed value
$1,496,000
Assessed 2024
Previous assessed
$1,397,860
+7.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$337,494
Assessed improvement
$1,158,506
Land market value
$337,494
Improvement market value
$1,158,506
Total market value
$1,496,000
Applied tax rate
224.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1998
Heating
NONE
Stories
1
Total area
8,328 SF
Lot
1.29 ac (56,236 SF)
APN
25707H--2R5
UPID
US82-2307804
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Kcap Re Fund III LLC
Entity
Mailing address
1209 S WHITE CHAPEL BLVD, SOUTHLAKE, TX 76092-9337
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
—
Kcap Re Fund III LLC
2011 Ventures LLC
Venders Lien
$1,650,000 · Independence Bank
May 5, 2021
—
2011 Ventures LLC
—
Deed
related
$100,000 · Ciera Bank
Dec 31, 2020
—
2011 Ventures LLC
—
Deed
related
—
Sep 3, 2020
—
2011 Ventures LLC
—
Deed
related
—
Sep 15, 2017
—
2011 Ventures LLC
—
Deed
related
$990,000 · Patriot Bk
Oct 22, 2012
—
2011 Ventures LLC
International Prop Holdings Ll
Warranty Deed
$1,052,000 · Independent Bank
Jun 11, 2012
—
International Prop Holdings Ll
Cre Lj Tx LLC
Grant Deed
related
$1,710,000 · First National Bank Town Squar
Nov 1, 2011
—
Cre Lj Tx LLC
Todd,ashley D
Trustees Deed
related
—
—
—
2011 Ventures LLC
—
Loan Modification
related
$1,019,009 · Independent Bank
—
—
2011 Ventures LLC
—
Deed Of Trust
related
$990,000 · Patriot Bk
—
—
2011 Ventures LLC
—
Deed Of Trust
related
—
—
—
2011 Ventures LLC
—
Deed Of Trust
related
—
—
—
2011 Ventures LLC
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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