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Property profile & analytics
OFF-MARKET
Apartment buildings
2735 Patricia Ln Garland, TX 75041-2608
Individually Owned
6-yr Hold
Property ID
US82-0710733
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
FRAME
Total area
4,944 SF
Lot
0.36 ac (15,698 SF)
Zoning code
Z390
APN
26173610010010000
UPID
US82-0710733
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
Dagmawi G Tesfaye · 6 yrs held
Dagmawi G Tesfaye
since 2019
6 recorded transactions
Zoning & alternative use
Z390 · Garland, 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 Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,666
Tax year 2023
Assessed value
$508,000
Assessed 2023
Previous assessed
$508,000
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$54,000
Assessed improvement
$454,000
Land market value
$54,000
Improvement market value
$454,000
Total market value
$508,000
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
1984
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
10
Total area
4,944 SF
Lot
0.36 ac (15,698 SF)
Zoning code
Z390
APN
26173610010010000
UPID
US82-0710733
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z390 · Garland, TX
Zoning Z390 · permitted uses
Z390 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
10
Lot
0.36 ac
Current owner
From public records · entity-resolved
Dagmawi G Tesfaye
Individual
Mailing address
2735 PATRICIA LN, GARLAND, TX 75041-2608
Ownership since
2019
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 5, 2019
—
Dagmawi G Tesfaye
Carpathian R350 LLC
Venders Lien
$468,360 · Sierra Pacific Mortgage Co INC
Feb 28, 2017
—
Carpathian R350 LLC
Norniella Management Co LLC
Venders Lien
$282,000 · Prosperity Bank
Sep 1, 2015
—
Norniella Management Company LLC
Mervin S White
Venders Lien
$230,000 · Independent Bank
Feb 9, 2011
—
Mervin S White
Richard L Clements
Venders Lien
$204,676 · Wells Fargo Bank NA
Aug 1, 2001
—
Richard L Clements
Tynes,jenene M
Grant Deed
$75,500 · Washington Mutual Fsb
—
—
Norniella Management Co LLC
—
Deed Of Trust
related
$2,171,868 · Legend 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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