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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Apartment buildings
420 Slaughter Ln Austin, TX 78748-1692
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1702730
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2006
Total area
307,374 SF
Lot
16.31 ac (710,594 SF)
APN
430110658
UPID
US82-1702730
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
-
Cortland Southpark Meadows Apartment Rental Agency Apartment Complex
-
Silvercoast Bookkeeping LLC Accounting Firm
-
My Spartan service Plumbing Service General Contractor
-
UntouchedATX Clothing Store
-
Ancile Capital Management, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$825k
Owner & transaction history
Spectrum Gulf Coast LLC · 1 yrs held
Spectrum Gulf Coast LLC
since 2025
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
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$985,000
Current use
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$3 / 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
$1,368,354
Tax year 2022
Assessed value
$67,230,000
Assessed 2024
Previous assessed
$67,230,000
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$10,658,914
Assessed improvement
$56,571,086
Land market value
$10,658,914
Improvement market value
$56,571,086
Total market value
$67,230,000
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
2006
Heating
NONE
Stories
1
Total area
307,374 SF
Lot
16.31 ac (710,594 SF)
APN
430110658
UPID
US82-1702730
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
$985,000
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
2006
Heating
NONE
Stories
1
Lot
16.31 ac
Current owner
From public records · entity-resolved
Spectrum Gulf Coast LLC
Entity
Mailing address
PO BOX A A CHICAGO
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 16, 2025
—
Spectrum Gulf Coast LLC
Housing Authority Of The City Of Au
Deed
—
Sep 4, 2024
—
Spl Apartments Borrower LP
Housing Authority Of The City Of Au
Deed
—
Nov 18, 2021
—
Slaughter Tx Partners LP
—
Deed
related
—
Nov 2, 2020
—
Slaughter Tx Partners LLC
—
Deed
related
$38,090 · Walker & Dunlop LLC
Oct 13, 2017
—
Slaughter Tx Partners LLC
Sci Waterstone Fund 7 LLC
Grant Deed
$32,250,000 · Walker & Dunlop
Nov 9, 2007
—
Sci Waterstone Fund 11 LLC
Sci Waterstone Fund LLC
Quit Claim Deed
—
Sep 24, 2007
—
Sci Waterstone-caribbean Fund
Sci Waterstone Fund LLC
Quit Claim Deed
—
Aug 27, 2007
—
Sci Waterstone Fund LLC
Bcmr Waterstone Apartments LP
Special Warranty Deed
$23,750,000 · Wachovia Bank NA
Aug 1, 2005
$2,440,000
Bcmr Waterstone Apartments
Sanders,suzanne M
Warranty Deed
$19,436,955 · Guaranty Bank
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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