Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1930 Hi Line Dr Dallas, TX 75207-3311

    • Apartment buildings
    • 357,108 SF
    • 2.14 lot acres
    OFF-MARKET
    Last Sale
    Jun 13, 2023
    Value Estimations
    $215,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5836782
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Monica Westfield, RD - Nutritionist Dietitian / Dietitian / Nutritionist
    • Dallas Urby Furnished / Short Term Apartment Rental Agency / Holiday Apartment Rental
    • Dallas Urby Apartments / Apartment Building / Apartment Complex
    • Dallas Urby / Apartment Building / Apartment Complex

    Property Details for 1930 Hi Line Dr

    Year built
    2021
    Construction
    STEEL FRAME
    Lot size
    2.14 lot acres
    Property size
    357,108 SF
    Property type
    Apartment buildings
    APN
    007888003705A0000
    APU
    007888003705A0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $215,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8215
    Latitude
    32.798
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,642,479
    $5,123,200
    $110,028,490
    $115,151,690
    -
    $5,123,200
    $110,028,490
    $115,151,690

    Comparable in this City

    • Value Estimation
      $810,000
      327,995 SF

      1955 Market Ctr Blvd

      APARTMENT HOUSE (5+ UNITS) • 327,995 SF
      1955 Market Ctr Blvd, Dallas, TX 75207-3308
      View Details
    • Value Estimation
      $980,000
      362,566 SF

      1531 Inspiration Dr

      APARTMENT HOUSE (5+ UNITS) • 362,566 SF
      1531 Inspiration Dr, Dallas, TX 75207-3784
      View Details
    • Value Estimation
      $890,000
      505,538 SF

      505 Riverfront Blvd

      APARTMENT HOUSE (5+ UNITS) • 505,538 SF
      505 Riverfront Blvd, Dallas, TX 75207
      View Details
    • Value Estimation
      $560,000
      318,324 SF

      120 Turtle Crk Blvd

      APARTMENT HOUSE (5+ UNITS) • 318,324 SF
      120 Turtle Crk Blvd, Dallas, TX 75207-6808
      View Details
    • Value Estimation
      $760,000
      441,120 SF

      1931 Market Ctr Blvd

      APARTMENT HOUSE (5+ UNITS) • 441,120 SF
      1931 Market Ctr Blvd, Dallas, TX 75207-3307
      View Details
    • Value Estimation
      $700,000
      87,660 SF

      1403 Slocum St

      APARTMENT HOUSE (5+ UNITS) • 87,660 SF
      1403 Slocum St, Dallas, TX 75207-3800
      View Details

    Similar Nearby for Sale

    • $3,195,000
      8,046 SF

      Riverfront Mixed-Use Opportunity

      8,046 SF, Renovated, Prime Location
      1212 Riverfront Blvd, Dallas, TX 75207
      View Details
    • Contact for pricing
      76,000 SF

      Dallas Design District Warehouse

      76,000 SF Warehouse, prime location
      170 Pittsburg St, Dallas, TX 75207
      View Details
    • Contact for pricing
      6,222 SF

      Secured Parking Lot For Sale

      6,222 SF parking lot with 12 secured parking spots.
      2001 Irving Blvd, Dallas, TX 75207
      View Details
    • $2,450,000
      6,250 SF

      Design District Showroom For Sale

      Updated showroom in the Design District with rooftop access.
      1310 Dragon St, Dallas, TX 75207
      View Details
    • Contact for pricing
      14,294 SF

      Dallas Design District Flex Space

      Versatile space in Dallas Design District with modern upgrades.
      1833-1839 Levee St, Dallas, TX 75207
      View Details
    • Contact for pricing
      39,247 SF

      Showroom Gallery with New Units

      Showroom gallery with easy I-35 access, new units.
      2323-2335 Valdina St, Dallas, TX 75207
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      6,000 SF

      Market Center Warehouse Opportunity

      Dallas Design District Warehouse - 6,000 SF
      2014 Market Center Blvd, Dallas, TX 75207
      View Details
    • Contact for pricing
      11,925 SF

      Design District Office/Showroom/Warehouse Space

      11,925 SF office/showroom/warehouse in the Design District.
      1531 Edison St, Dallas, TX 75207
      View Details
    • Contact for pricing
      8,850 SF

      Retail Space Available For Lease

      8,850 square feet of retail space for lease.
      1217 Slocum St, Dallas, TX 75207
      View Details
    • Contact for pricing
      1,875 SF

      Retail Space Near Medical District

      Retail spaces with roll-up doors, high visibility, and easy access.
      2629 N Stemmons Fwy, Dallas, TX 75207
      View Details
    • Contact for pricing
      2,033 SF

      Design District Retail Space

      Retail space in the heart of the Design District.
      1638 Irving Blvd, Dallas, TX 75207
      View Details
    • Contact for pricing
      5,200 SF

      West Dallas Restaurant/Retail Opportunity

      Restaurant or retail space in thriving West Dallas trade area.
      120 W Commerce St, Dallas, TX 75207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1930 Hi Line Dr
    Dallas, TX 75207-3311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.