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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Apartment buildings
1601 Anderson Ln Austin, TX 78752-1821
Entity Owned
6-yr Hold
Free & Clear
Property ID
US82-2348421
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD FRAME
Total area
67,456 SF
Lot
4.21 ac (183,388 SF)
APN
229200129
UPID
US82-2348421
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
-
Ashford Costa Esmeralda Apartment Complex
-
Rigo lopez mecanica Auto Repair Shop
-
Mencía Cleaning Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Ashford Creekwood LP · 6 yrs held
Ashford Creekwood LP
since 2019
5 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 Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin 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
$13 / 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
$213,867
Tax year 2022
Assessed value
$13,558,995
Assessed 2023
Previous assessed
$10,829,139
+25.2% YoY
Effective rate
1.58%
On assessed value
Assessed land
$990,295
Assessed improvement
$12,568,700
Land market value
$990,295
Improvement market value
$12,568,700
Total market value
$13,558,995
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Stories
2
Total area
67,456 SF
Lot
4.21 ac (183,388 SF)
APN
229200129
UPID
US82-2348421
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
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Stories
2
Buildings
2
Lot
4.21 ac
Current owner
From public records · entity-resolved
Ashford Creekwood LP
Entity
Free & Clear · 6 yrs held
Mailing address
CREEKWOOD VLG CHELSEA WOODS, HOUSTON, TX 77074
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2019
—
Ashford Creekwood LP
Creekwood Apts
Special Warranty Deed
—
Mar 4, 2015
—
Creekwood Apts
Austin Cw Apts LP
Grant Deed
$5,000,000 · A10 Cap
May 15, 2007
—
Austin Cw Apts
Lsf5 Reoc Vii Props LLC
Grant Deed
$2,750,000 · Interamerican Investments INC
Sep 6, 2005
$2,850,000
Lsf5 Reoc Vii Properties LLC
Ballotta Lindsay A
Trustees Deed
related
—
Oct 7, 1999
—
Conk Ltd
Bender Hollow Ltd
Grant Deed
$2,730,000 · National Realty Funding 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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