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Property profile & analytics
OFF-MARKET
Apartment buildings
2316 Ashley Ave Mission, TX 78574-4018
Entity Owned
2-yr Hold
Property ID
US82-7531065
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2004
Total area
3,588 SF
Lot
0.5 ac (21,789 SF)
Zoning code
RS
APN
L1157-03-000-0126-00
UPID
US82-7531065
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mng Rental LLC · 2 yrs held
Mng Rental LLC
since 2024
7 recorded transactions
Zoning & alternative use
RS · Mission, TX
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 Mission submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission 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
—
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
$8,122
Tax year 2022
Assessed value
$373,683
Assessed 2023
Previous assessed
$373,683
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$87,156
Assessed improvement
$286,527
Land market value
$87,156
Improvement market value
$286,527
Total market value
$373,683
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
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
5
Total area
3,588 SF
Lot
0.5 ac (21,789 SF)
Zoning code
RS
APN
L1157-03-000-0126-00
UPID
US82-7531065
Jurisdiction
HIDALGO
Zoning & alternative use
RS · Mission, TX
Zoning RS · permitted uses
RS · Mission, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
5
Lot
0.5 ac
Current owner
From public records · entity-resolved
Mng Rental LLC
Entity
Mailing address
1225 E GLACIER RD, JACKSON, WY 83001-9051
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2024
—
Mng Rental LLC
Raymond Edward Beahficato III
Venders Lien
$224,250 · Texas National Bank
Oct 2, 2017
—
Beatificato Living Trust
Beatificato,raymond & Mary H
Quit Claim Deed
related
—
Jun 12, 2015
—
Raymond Beatificato
Palafox Jose & Emilia V
Warranty Deed
—
May 27, 2005
—
Five L Dev Ltd
Leal,carlos G JR
Grant Deed
related
—
May 11, 2005
—
Jose Palafox
Alanis,marco A & Diana
Warranty Deed
$90,000 · First National Bank
—
—
Jose Palafox
—
Deed Of Trust
related
$76,793 · First National Bank
—
—
Marco A Alanis
—
Deed Of Trust
related
$96,174 · First National Bank
—
—
Raymond E Beatificato III
—
Deed Of Trust
related
$171,500 · Texas Cmnty Bk
—
—
Marco A Alanis
—
Deed Of Trust
related
$100,000 · First National Bank
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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