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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Warehouses
15907 Windermere Dr Pflugerville, TX 78660-2546
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-6196560
Property summary
AI-generated overview
This exceptional opportunity presents five brand-new, Class B office suites for lease in Pflugerville, Texas, located at 15907 Windermere Dr, zip code 78660. Situated in Travis County, near the intersection of West Pecan and Heatherwilde, this property offers a total of 5,407 square feet of space, with each suite ranging from 1,000 to 1,100 square feet. Currently, all 5,407 square feet are vacant and ready for immediate occupancy with a delivery date of June 1, 2024. The building is categorized as a Traditional Office and Executive Office space, perfect for a variety of professional uses, including but not limited to CPA firms, law offices, insurance agencies, real estate or mortgage brokerages, and architectural firms. These turnkey spaces are designed for immediate move-in, eliminating the need for extensive renovations. Water and electricity are billed separately
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Total area
22,440 SF
Lot
2.3 ac (100,297 SF)
APN
274300231
UPID
US82-6196560
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
-
Windermere Storage Storage Facility
-
Windy Meadows Storage Storage Facility
-
Adam & Sons Plumber's Service LLC Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$690k
Owner & transaction history
Doyle & Steve Hickerson Family · 10 yrs held
Doyle & Steve Hickerson Family
since 2015
4 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 Pflugerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pflugerville 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,065,000
Current use
RETAIL STORES
$910,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$31 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,185
Tax year 2022
Assessed value
$734,202
Assessed 2023
Previous assessed
$900,000
-18.4% YoY
Effective rate
2.75%
On assessed value
Assessed land
$324,962
Assessed improvement
$409,240
Land market value
$324,962
Improvement market value
$409,240
Total market value
$734,202
Applied tax rate
2.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
2
Stories
1
Total area
22,440 SF
Lot
2.3 ac (100,297 SF)
APN
274300231
UPID
US82-6196560
Jurisdiction
TRAVIS
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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
RETAIL STORES
Est. value
$910,000
WAREHOUSE, STORAGE Current
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
2002
Heating
NONE
Stories
1
Buildings
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Doyle & Steve Hickerson Family
Individual
Mailing address
PO BOX 789, ROUND ROCK, TX 78680-0789
Ownership since
2015
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
May 21, 2019
—
Doyle & Steve Hickerson Fam Pt
—
Deed
related
$750,000 · Commerce Nat'l Bk
Sep 10, 2015
—
Doyle & Steve Hickerson Family
Gail Leslie Family Ptshp
Warranty Deed
$600,000 · Affiliated Bk
Nov 14, 2005
—
Gaile Leslie Family Ptshp
Keith Gail Trust
Quit Claim Deed
related
—
—
—
Doyle & Steve Hickerson Fam Pt
—
Deed Of Trust
related
$750,000 · Commerce Nat'l Bk
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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