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Property profile & analytics
FOR SALE
Apartment buildings
406 Dawson Cir Grand Prairie, TX 75051
Entity Owned
3-yr Hold
Property ID
US82-0618391
For Sale
1 / 40
$449,000
406 Dawson Cir, Grand Prairie, TX 75051
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Construction
FRAME
Total area
2,493 SF
Lot
0.22 ac (9,395 SF)
Zoning code
Z190
APN
28009500030110000
UPID
US82-0618391
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
-
SeyChest Travel Agency Travel Agency
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
Zee 1 Holdings LLC · 3 yrs held
Zee 1 Holdings LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z190 · Grand Prairie, 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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$2,724
Tax year 2023
Assessed value
$118,440
Assessed 2023
Previous assessed
$118,440
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$23,000
Assessed improvement
$95,440
Land market value
$23,000
Improvement market value
$95,440
Total market value
$118,440
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
For Sale
Year built
1953
Construction
FRAME
Heating
CENTRAL
Cooling
WINDOW A/C
Stories
2
Bathrooms
3
Total area
2,493 SF
Lot
0.22 ac (9,395 SF)
Zoning code
Z190
APN
28009500030110000
UPID
US82-0618391
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z190 · Grand Prairie, TX
Zoning Z190 · permitted uses
Z190 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Zee 1 Holdings LLC
Entity
Mailing address
6748 COUNTY RD 604, ALVARADO, TX 76009-8656
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
—
Zee 1 Holdings LLC
Xylo Hq LLC
Venders Lien
$276,500 · Loan Funder LLC Series 55988
Jun 14, 2017
—
Sajan Babu
—
Trustees Deed
related
$30,000 · Jycap Holdings LLC
Jun 7, 2017
—
Xylo Hq LLC Alpha Series
Robinson,danny L & Beverly
Warranty Deed
$112,000 · Sajj Holdings LLC
Mar 8, 2017
—
Danny L Robinson
Houston,keith A
Quit Claim Deed
related
—
Sep 9, 2002
—
Keith Houston
Straten,lucille
Grant Deed
$90,000 · Lucille Straten
—
—
Xylo Hq LLC
—
Loan Modification
related
$112,000 · Sajj Holdings LLC
—
—
Xylo Hq LLC
—
Deed Of Trust
related
$161,500 · Constructive Lns LLC
—
—
Keith Houston
—
Deed Of Trust
related
$115,200 · Bnc Mortgage INC
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?”
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