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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Garden apartment buildings
12324 Starcrest Dr, San Antonio, TX 78216-8510
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3032153
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1986
Total area
12,142 SF
Lot
3.75 ac (163,263 SF)
APN
15109-001-0011
UPID
US82-3032153
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
-
Stratton Park Apartments Apartment Complex Apartment Rental Agency
-
Powerdog Electrical and Maintenance Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$635k
Owner & transaction history
12324 Starcrest LLC · 8 yrs held
12324 Starcrest LLC
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$805,000
+16.9%
Commercial (general)
$800,000
+16.4%
Auto repair, garage
$780,000
+13.3%
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 San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$690,000
Current use
OFFICE BUILDING
$805,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$800,000
Change: +16% · Conversion: Moderate
AUTO REPAIR, GARAGE
$780,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$620,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$605,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$52 / 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
$185,153
Tax year 2023
Assessed value
$8,066,000
Assessed 2023
Previous assessed
$8,066,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$814,680
Assessed improvement
$7,251,320
Land market value
$814,680
Improvement market value
$7,251,320
Total market value
$8,066,000
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
1986
Heating
CENTRAL
Cooling
YES
Buildings
8
Stories
1
Total area
12,142 SF
Lot
3.75 ac (163,263 SF)
APN
15109-001-0011
UPID
US82-3032153
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$690,000
OFFICE BUILDING
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$780,000
WAREHOUSE, STORAGE
Est. value
$620,000
RETAIL STORES
Est. value
$605,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
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
1986
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
8
Lot
3.75 ac
Current owner
From public records · entity-resolved
12324 Starcrest LLC
Entity
Mailing address
8207 CALLAGHAN RD STE #410, SAN ANTONIO, TX 78230-4737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
—
Stratton Park Venture LLC
—
Deed
related
$10,126,500 · The Bancorp Bank
Oct 17, 2017
—
12324 Starcrest LLC
Landmark At Stratton Park LP
Trustees Deed
$6,770,000 · Jones Lang Lasalle Multifamily
May 15, 2013
—
Landmark At Stratton Park LP
Pccp Jsp Hampton Apartments Ll
Grant Deed
related
—
Jan 4, 2005
—
Is Hampton North LLC
Hampton North Associates
Quit Claim Deed
related
$3,593,000 · Gmac Commercial Mortgage Bank
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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