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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Specialty properties
1608 L Ave Plano, TX 75074-6165
Entity Owned
Free & Clear
Property ID
US82-2246980
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1986
Total area
106,208 SF
Lot
1.61 ac (70,088 SF)
Zoning code
MF-3
APN
R-1921-001-0010-1
UPID
US82-2246980
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
-
Plano Community Home Inc Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
PLANO COMMUNITY HOME INC
PLANO COMMUNITY HOME INC
Zoning & alternative use
MF-3 · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The MF-3 district is intended to provide for relatively dense condominium and apartment developments at 215 residential units per acre.
Zone name
Multifamily Residence 3
General category
RESIDENTIAL
Zone area
479.58 ac
Source
Realmo
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 Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano 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
$17 / 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
Assessed value
$4,386,985
Assessed 2023
Previous assessed
$4,380,178
+0.2% YoY
Assessed land
$700,980
Assessed improvement
$3,686,005
Land market value
$700,980
Improvement market value
$3,686,005
Total market value
$4,386,985
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1986
Heating
NONE
Stories
3
Total area
106,208 SF
Lot
1.61 ac (70,088 SF)
Zoning code
MF-3
APN
R-1921-001-0010-1
UPID
US82-2246980
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
MF-3 · Plano, TXZoning MF-3 · permitted uses
MF-3 · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The MF-3 district is intended to provide for relatively dense condominium and apartment developments at 215 residential units per acre.
Zone name
Multifamily Residence 3
General category
RESIDENTIAL
Zone area
479.58 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
3
Lot
1.61 ac
Current owner
From public records · entity-resolved
PLANO COMMUNITY HOME INC
Entity
Free & Clear · 0 yrs held
Mailing address
1928 K AVE, PLANO, TX 75074-5992
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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