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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Apartment buildings
220 23rd St Donna, TX 78537-3571
Individually Owned
4-yr Hold
Free & Clear
Property ID
US82-2833118
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2015
Total area
6,091 SF
Lot
0.55 ac (24,089 SF)
APN
H4700-00-00L-0003-01
UPID
US82-2833118
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
$755k
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$540k
Owner & transaction history
220 S 23rd Street Series A Seoarate · 4 yrs held
220 S 23rd Street Series A Seoarate
since 2022
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$840,000
+102.4%
Restaurant
$820,000
+97.4%
Commercial (general)
$800,000
+92.7%
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 Donna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Donna 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%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$415,000
Current use
AUTO REPAIR, GARAGE
$840,000
Change: +102% · Conversion: Difficult
RESTAURANT
$820,000
Change: +97% · Conversion: Difficult
COMMERCIAL (GENERAL)
$800,000
Change: +93% · Conversion: Moderate
MEDICAL BUILDING
$600,000
Change: +45% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$89 / 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
$13,304
Tax year 2022
Assessed value
$657,491
Assessed 2023
Previous assessed
$657,491
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$114,418
Assessed improvement
$543,073
Land market value
$114,418
Improvement market value
$543,073
Total market value
$657,491
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
2015
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
6
Total area
6,091 SF
Lot
0.55 ac (24,089 SF)
APN
H4700-00-00L-0003-01
UPID
US82-2833118
Jurisdiction
HIDALGO
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$415,000
AUTO REPAIR, GARAGE
Est. value
$840,000
RESTAURANT
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$800,000
MEDICAL BUILDING
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$505,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2015
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
6
Lot
0.55 ac
Current owner
From public records · entity-resolved
220 S 23rd Street Series A Seoarate
Individual
Free & Clear · 4 yrs held
Mailing address
2301 E BUSINESS HWY 83, DONNA, TX 78537-3543
Ownership since
2022
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 3, 2022
—
220 S 23rd Street Series A Seoarate
Alejandro And Maria C Rodriguez Rlt
Warranty Deed
—
Jun 27, 2016
—
Rodriguez,alejandro & M C Trust
Rodriguez,alejandro & Maria C
Quit Claim Deed
related
—
Sep 22, 2015
—
Alejandro Rodriguez
—
Trustees Deed
related
$372,000 · Private Individual
May 27, 2014
—
Alejandro Rodriguez
Gallardo,oscar JR
Warranty Deed
related
—
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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