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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Apartment buildings
12904 Elam Rd Balch Springs, TX 75180-3031
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US83-4260417
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
FRAME
Total area
28,560 SF
Lot
2.54 ac (110,642 SF)
Zoning code
Z138
APN
12048000000010100
UPID
US83-4260417
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$531k
Blend (final)
Blend
$685k
Owner & transaction history
Nh Investments Et LLC · 3 yrs held
Nh Investments Et LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z138 · Balch Springs, 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 Balch Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Balch Springs 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
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$530,000
Current use
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$24 / 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
$65,850
Tax year 2023
Assessed value
$2,699,780
Assessed 2023
Previous assessed
$2,699,780
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$442,570
Assessed improvement
$2,257,210
Land market value
$442,570
Improvement market value
$2,257,210
Total market value
$2,699,780
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
1984
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
32
Total area
28,560 SF
Lot
2.54 ac (110,642 SF)
Zoning code
Z138
APN
12048000000010100
UPID
US83-4260417
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z138 · Balch Springs, TX
Zoning Z138 · permitted uses
Z138 · Balch Springs, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Balch Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$530,000
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
1984
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
32
Lot
2.54 ac
Current owner
From public records · entity-resolved
Nh Investments Et LLC
Entity
Mailing address
120 E FM 544TH STE 72STE72, MURPHY, TX 75094-4034
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Nh Investments Et LLC
Tw Elam Townhomes LLC
Venders Lien
$3,265,000 · Cattlemens Bank
May 7, 2019
—
Tw Elam Townhomes LLC
Elam Town Homes LLC
Venders Lien
$1,450,000 · Sabal Capital II LLC
Mar 22, 2011
—
Elam Town Homes LLC
Palchuru,siva
Grant Deed
—
Mar 3, 2011
$500,000
Siva Palchuru
Chern,dan
Trustees Deed
related
—
May 3, 2007
—
Jimmy M Turner
Ha,clifford S & Kyoung W
Grant Deed
$915,000 · Union Bank Of California
—
—
Elam Town Homes LLC
—
Deed Of Trust
related
$450,000 · Accessbank
—
—
Siva Palchuru
—
Deed Of Trust
related
$450,000 · Accessbank
—
—
Elam Town Homes LLC
—
Deed Of Trust
related
$575,000 · Access Bank
—
—
Elam Town Homes LLC
—
Deed Of Trust
related
$1,162,000 · Arbor Com'l Fndg I LLC
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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