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Property profile & analytics
OFF-MARKET
Office buildings
424 Keller Pkwy Keller, TX 76248-2301
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US83-2997408
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
BRICK
Total area
1,784 SF
Lot
0.41 ac (17,999 SF)
APN
2410--5
UPID
US83-2997408
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
-
Made By Sue Production Facility Textile Manufacturer
-
Keller TX Real Estate Real Estate Agency
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Texas Sold Team Realty, LLC Commercial Real Estate Agency Home Builder
-
Children's Haven Preparatory Academy High School
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
Russell Dix Properties LLC · 1 yrs held
Russell Dix Properties 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 Keller submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keller 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
$4,762
Tax year 2023
Assessed value
$250,520
Assessed 2024
Previous assessed
$250,520
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$198,000
Assessed improvement
$52,520
Land market value
$198,000
Improvement market value
$52,520
Total market value
$250,520
Applied tax rate
224.0000
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
1955
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,784 SF
Lot
0.41 ac (17,999 SF)
APN
2410--5
UPID
US83-2997408
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
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
1955
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Russell Dix Properties LLC
Entity
Mailing address
1052 SUNRISE DR, KELLER, TX 76248-2722
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Russell Dix Properties LLC
Er Properties LP
Warranty Deed
—
Feb 14, 2019
—
Er Properties
—
Deed
related
—
May 15, 2006
—
Er Properties LP
Billy Jack Levisay
Venders Lien
$112,500 · First Financial Bank NA
—
—
Er Properties
—
Loan Modification
related
—
—
—
Er Properties
—
Loan Modification
related
—
—
—
Er Properties
—
Loan Modification
related
—
—
—
Er Properties
—
Loan Modification
related
—
—
—
Er Properties
—
Deed Of Trust
related
$112,500 · First Financial Bank NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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