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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Apartment buildings
1520 Kingsley Rd Garland, TX 75041-4273
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4042200
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
FRAME
Total area
49,290 SF
Lot
1.7 ac (74,183 SF)
Zoning code
Z160
APN
65035162610130000
UPID
US83-4042200
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
$1.60M
Owner & transaction history
El Dorado Villas Of Kingsley LLC · 16 yrs held
El Dorado Villas Of Kingsley LLC
since 2010
4 recorded transactions
Zoning & alternative use
Z160 · Garland, 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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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
$32 / 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
$78,815
Tax year 2023
Assessed value
$3,444,410
Assessed 2023
Previous assessed
$3,444,410
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$185,460
Assessed improvement
$3,258,950
Land market value
$185,460
Improvement market value
$3,258,950
Total market value
$3,444,410
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
1959
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
62
Bathrooms
5
Total area
49,290 SF
Lot
1.7 ac (74,183 SF)
Zoning code
Z160
APN
65035162610130000
UPID
US83-4042200
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z160 · Garland, TXZoning Z160 · permitted uses
Z160 · Garland, TX
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
1959
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
62
Bathrooms
5
Lot
1.7 ac
Current owner
From public records · entity-resolved
El Dorado Villas Of Kingsley LLC
Entity
Free & Clear · 16 yrs held
Mailing address
16475 DALLAS PKWY STE #550, ADDISON, TX 75001-6253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Jan 5, 2010
—
El Dorado Villas Of Kingsley LLC
Lawrence Kim L
Trustees Deed
related
—
Apr 17, 2008
—
Corrans Kingsley Property LLC
Orchard Square
Grant Deed
$2,520,000 · Orchard Square LP
Nov 16, 2005
—
Square Orchard
Frame Orchard Square
Quit Claim Deed
related
—
Dec 18, 2003
—
Frame Orchard Square LP
Orchard Square LP
Quit Claim Deed
related
$2,520,000 · Column Financial INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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