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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Apartment buildings
4600 Elmont Dr Austin, TX 78741-1708
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-0770800
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2000
Total area
252,672 SF
Lot
22.74 ac (990,424 SF)
APN
307110135
UPID
US82-0770800
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
-
The Ballpark North Apartment Complex
-
Blackout Solutions LLC Construction Company
-
Rich's Thrifts Discount Store
-
Imagination Images Prints and Laser Engraving (Bike/Boat/Book/etc) Store
-
Mack's Kitchen Catering Service Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$945k
Owner & transaction history
Bpn Riverside LLC · 5 yrs held
Bpn Riverside LLC
since 2020
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
$890,000
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
$945k
Range $851k – $1.04M · ±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
$4 / 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
$974,397
Tax year 2022
Assessed value
$48,258,076
Assessed 2023
Previous assessed
$45,050,000
+7.1% YoY
Effective rate
2.02%
On assessed value
Assessed land
$29,712,750
Assessed improvement
$18,545,326
Land market value
$29,712,750
Improvement market value
$18,545,326
Total market value
$48,258,076
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
2000
Heating
NONE
Stories
3
Total area
252,672 SF
Lot
22.74 ac (990,424 SF)
APN
307110135
UPID
US82-0770800
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
2000
Heating
NONE
Stories
3
Lot
22.74 ac
Current owner
From public records · entity-resolved
Bpn Riverside LLC
Entity
Mailing address
1601 RIO GRANDE ST STE #300, AUSTIN, TX 78701-1149
Ownership since
2020
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
Dec 26, 2024
—
Bpn Riverside LLC
—
Deed
related
—
Oct 29, 2020
—
Bpn Riverside LLC
Ballpark Austin LLC
Grant Deed
$23,280,000 · Us Bk NA Series 2015-k44 (ce)
Oct 9, 2014
$29,100,000
Ballpark Austin LLC
Kosub Bruce E
Trustees Deed
related
—
Dec 17, 2002
—
Texas Student Housing Auth
Jefferson Commons Town Lake LP
Grant Deed
related
—
—
—
Texas Student Housing Auth
—
Deed Of Trust
related
$5,670,000 · Bank Of New York Trustee
—
—
Ballpark Austin LLC
—
Deed Of Trust
related
$23,280,000 · W&d Interim Lender LLC
—
—
Ballpark Austin LLC
—
Deed Of Trust
related
$23,280,000 · Walker & Dunlop
—
—
Ballpark Austin LLC
—
Loan Modification
related
$4,305,000 · Us Bk NA Series 2017-kj17 (ce)
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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