New search
Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Garden apartment buildings
2383 Loop 410, San Antonio, TX 78217-5685
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3842412
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1993
Total area
12,672 SF
Lot
6.89 ac (300,128 SF)
APN
13868-001-0130
UPID
US83-3842412
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
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$760k
Owner & transaction history
Spectrum Gulf Coast LLC · 3 yrs held
Spectrum Gulf Coast LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+98.5%
Medical building
$940,000
+65.9%
Commercial (general)
$845,000
+49.0%
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 San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio 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
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$565,000
Current use
AUTO REPAIR, GARAGE
$1,125,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$940,000
Change: +66% · Conversion: Moderate
COMMERCIAL (GENERAL)
$845,000
Change: +49% · Conversion: Moderate
OFFICE BUILDING
$840,000
Change: +48% · Conversion: Moderate
RETAIL STORES
$785,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$585,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$60 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$158,388
Tax year 2023
Assessed value
$6,900,000
Assessed 2023
Previous assessed
$6,900,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$2,956,260
Assessed improvement
$3,943,740
Land market value
$2,956,260
Improvement market value
$3,943,740
Total market value
$6,900,000
Applied tax rate
6.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1993
Heating
YES
Cooling
YES
Buildings
19
Stories
1
Total area
12,672 SF
Lot
6.89 ac (300,128 SF)
APN
13868-001-0130
UPID
US83-3842412
Jurisdiction
BEXAR
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
$565,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$940,000
COMMERCIAL (GENERAL)
Est. value
$845,000
OFFICE BUILDING
Est. value
$840,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$585,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1993
Heating
YES
Cooling
Yes
Stories
1
Buildings
19
Lot
6.89 ac
Current owner
From public records · entity-resolved
Spectrum Gulf Coast LLC
Entity
Mailing address
13018 N HWY 183RD AUSTIN
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
—
2383 1410 LLC
—
Deed
related
—
Mar 14, 2023
—
Spectrum Gulf Coast LLC
2383 I 410 LLC
Agreement Of Sale
—
Dec 28, 2022
—
2383 I 410 LLC
—
Deed
related
$8,000,000 · Wells Fargo Bank NA
Oct 5, 2021
—
2348 I 410 LLC
Hcs 410 Holdings LLC
Venders Lien
$2,799,000 · Hcs 410 Holding LLC
Apr 7, 2021
—
Betty Jo Tilton
Jerry Tilton
Intrafamily Transfer
related
—
Nov 2, 2020
—
Lu Acquisition Company 19 LLC
—
Deed
related
$200,000,000 · Whitney Bank
Dec 10, 2019
—
Hcs 410 Holding LLC
—
Deed
related
$287,950 · First St Bk/uvalde
Jul 11, 2013
—
Hcs 410 Holding LLC
Hill Country Inn & Suites INC
Grant Deed
related
—
Dec 12, 2007
—
Shell Owners Association-south
Svc-san Antonio LLC
Grant Deed
related
—
Nov 14, 2007
—
Shell Owners Assn-southwest
Svc-san Antonio LLC
Grant Deed
related
—
Aug 2, 2006
—
Shell Owners Assn-southwest
Hill Country Inn & Suites INC
Grant Deed
related
—
Feb 8, 2005
—
Robert J Thoemke
Hill Country Inn & Suites INC
Grant Deed
related
$9,896 · Salado Creek Villas
Jan 5, 2005
—
Edward A Garcia
Hill Country Inn & Suites INC
Grant Deed
related
$12,000 · Salado Creek Villas
—
—
Hcs 410 Holding LLC
—
Deed Of Trust
related
$1,000,000 · First St Bk/uvalde
—
—
Hcs 410 Holding LLC
—
Loan Modification
related
$287,950 · First St Bk/uvalde
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2383 Loop 410?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
