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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
3404 Oak Spgs Dr Austin, TX 78721-1808
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-2510459
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1936
Construction
WOOD FRAME
Total area
1,659 SF
Lot
1.55 ac (67,692 SF)
APN
209160419
UPID
US82-2510459
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
$490k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
2016 Square Oak Brush LP · 5 yrs held
2016 Square Oak Brush LP
since 2021
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
$490,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$313 / 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
$30,589
Tax year 2022
Assessed value
$2,800,414
Assessed 2023
Previous assessed
$1,548,883
+80.8% YoY
Effective rate
1.09%
On assessed value
Assessed land
$2,800,414
Land market value
$2,800,414
Total market value
$2,800,414
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1936
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,659 SF
Lot
1.55 ac (67,692 SF)
APN
209160419
UPID
US82-2510459
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
Building & site characteristics
From public records
Year built
1936
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
2016 Square Oak Brush LP
Entity
Free & Clear · 5 yrs held
Mailing address
1108 LAVACA ST #110348, AUSTIN, TX 78701-2172
Ownership since
2021
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
Apr 29, 2021
—
2016 Square Oak Brush LP
Commercial Fund I East Austin LP
Warranty Deed
—
Feb 22, 2018
—
Commercial Fund 1 East Austin
2016 Square Oak Brush LP
Warranty Deed
$2,543,637 · Guaranty Fed'l S&l
Sep 30, 2016
—
2016 Square Oak Brush LP
Neshangi,srinivas
Warranty Deed
$794,500 · Plainscapital Bk
Jul 28, 2016
—
Srinivas Neshangi
—
Trustees Deed
related
$200,000 · Muralt David C Trust (pt)
Aug 15, 2013
—
Srinivas Neshangi
Walls,calvin
Warranty Deed
$247,500 · R Bank Texas
—
—
Calvin Walls
—
Deed Of Trust
related
$3,403 · Hunter-kelsey I LLC
—
—
Srinivas Neshangi
—
Deed Of Trust
related
$450,000 · R Bk
—
—
2016 Square Oak Brush LP
—
Deed Of Trust
related
$240,000 · Plainscapital Bk
—
—
2016 Square Oak Brush LP
—
Loan Modification
related
$715,050 · Plainscapital 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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