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Property profile & analytics
FOR LEASE
Apartment buildings
13465 Inwood Rd, Farmers Branch, TX 75244
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3947439
For Lease
1 / 2
$31,170,000
13465 Inwood Rd, Farmers Branch, TX 75244
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Construction
FRAME
Total area
293,256 SF
Lot
7.38 ac (321,255 SF)
Zoning code
Z236
APN
24013000010010000
UPID
US83-3947439
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
$23.90M
Blend (final)
Blend
$31.17M
Owner & transaction history
Galleria Tx Partners LLC · 8 yrs held
Galleria Tx Partners LLC
since 2017
6 recorded transactions
Zoning & alternative use
Z236 · Farmers Branch, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$41.2M
+176.6%
Auto repair, garage
$34.2M
+129.5%
Retail stores
$30.7M
+105.9%
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 Farmers Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmers Branch 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$41,225,000
Change: +177% · Conversion: Difficult
AUTO REPAIR, GARAGE
$34,200,000
Change: +129% · Conversion: Difficult
RETAIL STORES
$30,690,000
Change: +106% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$20,730,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$19,895,000
Change: +33% · Conversion: Moderate
Blend value · Realmo final
$31.17M
Range $28.05M – $34.29M · ±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
$106 / 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
$1,510,938
Tax year 2023
Assessed value
$71,000,000
Assessed 2023
Previous assessed
$71,000,000
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$8,031,380
Assessed improvement
$62,968,620
Land market value
$8,031,380
Improvement market value
$62,968,620
Total market value
$71,000,000
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
For Lease
Year built
2006
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
4
Units
333
Total area
293,256 SF
Lot
7.38 ac (321,255 SF)
Zoning code
Z236
APN
24013000010010000
UPID
US83-3947439
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Farmers Branch, TX
Zoning Z236 · permitted uses
Z236 · Farmers Branch, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmers Branch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$41.2M
AUTO REPAIR, GARAGE
Est. value
$34.2M
RETAIL STORES
Est. value
$30.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.7M
MEDICAL BUILDING
Est. value
$19.9M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2006
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
3
Units
333
Lot
7.38 ac
Current owner
From public records · entity-resolved
Galleria Tx Partners LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3424 PEACHTREE RD NE STE #300, ATLANTA, GA 30326-2818
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2017
—
Galleria Tx Partners LLC
—
Trustees Deed
related
$40,000,000 · Bank Of America
Aug 1, 2017
—
Galleria Tx Partners LLC
Ch Realty Vi Of Mf Galleria Parkw
Quit Claim Deed
—
May 29, 2013
—
Ch Realty Vi Of Mf Galleria Parkw
Loadstar INC
Grant Deed
—
Dec 28, 2009
—
Loadstar INC
Bank Of America
Grant Deed
related
—
Dec 12, 2006
—
Galleria Broadstone
At & T Operations INC
Grant Deed
related
—
Dec 15, 2005
—
Galleria Broadstone
Carlson Real Estate
Grant Deed
$6,375,000 · Lasalle National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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