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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Retail space
19012 State Hwy 71st W Spicewood, TX 78669-6935
Individually Owned
12-yr Hold
Free & Clear
Property ID
US82-4185429
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
9,680 SF
Lot
18.58 ac (809,345 SF)
APN
126960221
UPID
US82-4185429
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
$1.47M
Blend (final)
Blend
$1.51M
Owner & transaction history
Lake Travis Independent Sch Di · 12 yrs held
Lake Travis Independent Sch Di
since 2013
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+51.4%
Warehouse, storage
$1.1M
+21.8%
Office building
$1.1M
+19.6%
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 Spicewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spicewood 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
RETAIL STORES
$910,000
Current use
AUTO REPAIR, GARAGE
$1,375,000
Change: +51% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,105,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,085,000
Change: +20% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,075,000
Change: +18% · Conversion: Difficult
RESTAURANT
$970,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±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
$156 / 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
$103,706
Tax year 2022
Assessed value
$5,797,517
Assessed 2023
Previous assessed
$5,645,338
+2.7% YoY
Effective rate
1.79%
On assessed value
Assessed land
$3,035,043
Assessed improvement
$2,762,474
Land market value
$3,035,043
Improvement market value
$2,762,474
Total market value
$5,797,517
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
9,680 SF
Lot
18.58 ac (809,345 SF)
APN
126960221
UPID
US82-4185429
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
RETAIL STORES Current
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$970,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RESTAURANT
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
2007
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
18.58 ac
Current owner
From public records · entity-resolved
Lake Travis Independent Sch Di
Individual
Free & Clear · 12 yrs held
Mailing address
19012 STATE HWY 71ST W, SPICEWOOD, TX 78669-6935
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Dec 19, 2013
—
Lake Travis Independent Sch Di
Ag & M Bee Creek Invs Ltd
Grant Deed
related
—
Mar 21, 2011
—
Ag & M Bee Creek Investments Ltd
Ag & M Bee Caves Investments Ltd
Quit Claim Deed
—
Jul 24, 2006
—
Ag&m Bee Caves Investments Ltd
Driftwood Land Co Ltd
Venders Lien
$900,000 · Plainscapital Bank
—
—
Ag & M Bee Creek Invs Ltd
—
Loan Modification
related
$2,224,358 · Plainscapital Bk
—
—
Ag & M Bee Caves Investments Ltd
—
Deed Of Trust
related
$4,400,000 · Plains Capital Bank
—
—
Ag & M Bee Creek Invs Ltd
—
Deed Of Trust
related
$273,600 · Plainscapital 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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