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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Apartment buildings
305 Yager Ln Austin, TX 78753-1655
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-1769594
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2009
Total area
221,866 SF
Lot
14.51 ac (631,925 SF)
APN
254260209
UPID
US82-1769594
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
Current use
Occupant on record · Public records
-
Sooma services Courier Service Postal Service
-
Oxford at Tech Ridge Apartment Complex Apartment Rental Agency
-
Galvan Painting Services Painting
-
DRx Talent Property Management Company
-
Cambridge Builders & Contractors Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.10M
Owner & transaction history
Oxford Tech Ridge Apartments L · 8 yrs held
Oxford Tech Ridge Apartments L
since 2018
7 recorded transactions
Zoning & alternative use
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 Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin 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
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,120,000
Current use
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±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
$5 / 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
$1,087,593
Tax year 2022
Assessed value
$43,130,000
Assessed 2023
Previous assessed
$48,490,000
-11.1% YoY
Effective rate
2.52%
On assessed value
Assessed land
$6,319,249
Assessed improvement
$36,810,751
Land market value
$6,319,249
Improvement market value
$36,810,751
Total market value
$43,130,000
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2009
Heating
NONE
Stories
3
Total area
221,866 SF
Lot
14.51 ac (631,925 SF)
APN
254260209
UPID
US82-1769594
Jurisdiction
TRAVIS
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
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
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
2009
Heating
NONE
Stories
3
Lot
14.51 ac
Current owner
From public records · entity-resolved
Oxford Tech Ridge Apartments L
Individual
Mailing address
8411 PRESTON RD STE #711, DALLAS, TX 75225-5519
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2020
—
Oxford Tech Ridge Apts LLC
—
Deed
related
$23,850,000 · Dwight Cap
Jan 29, 2018
—
Oxford Tech Ridge Apartments L
Glades-pike East Holdings LLC
Trustees Deed
$16,200,000 · Keybank USA
Dec 22, 2014
—
Glades-pike East Holdings LLC
Tech Ridge Owner LP
Grant Deed
$16,200,000 · Deutsche Bk Tr #2012-k20 (ce)
Aug 20, 2012
—
Tech Ridge Owner LP
Br Tech Ridge LP
Grant Deed
related
—
May 25, 2010
—
Tech Ridge LP
—
Trustees Deed
related
$8,178,797 · Us Bank NA
Apr 8, 2010
—
Br Senior Secured Debenture Trust
—
Trustees Deed
related
$8,178,797 · Br Tech Ridge Managing Member
Feb 16, 2010
—
Br Tech Ridge Ltd Ptshp
Owner,record
Grant Deed
related
$7,884,954 · Br White Rock Managing Member
Oct 31, 2006
—
Burton Landing LLC
Minerva Ltd
Grant Deed
$2,200,000 · Compass Bank
—
—
Oxford Tech Ridge Apts LLC
—
Deed Of Trust
related
$23,850,000 · Dwight Cap
—
—
R Tech Ridge LP B
—
Deed Of Trust
related
$12,500,000 · Us Bank NA
—
—
Tech Ridge Owner LP
—
Deed Of Trust
related
$2,965,000 · Keycorp R E Capital Marketing
—
—
Tech Ridge LP
—
Deed Of Trust
related
$16,200,000 · Keycorp R E Capital Marketing
—
—
Tech Ridge Owner LP
—
Deed Of Trust
related
$2,965,000 · Keycorp R E Capital Marketing
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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