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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    518 Hampton Rd Desoto, TX 75115-4945

    • Apartment buildings
    • 9,900 SF
    • 0.99 lot acres
    OFF-MARKET
    Last Sale
    May 01, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0195601
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hampton Gardens Apartments / Apartment Complex
    • Kidd springs / Swimming Pool

    Property Details for 518 Hampton Rd

    Year built
    1969
    Construction
    FRAME
    Lot size
    0.99 lot acres
    Property size
    9,900 SF
    Zone code
    Z187
    Property type
    Apartment buildings
    APN
    20003500000010000
    APU
    20003500000010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Desoto
    County
    Dallas
    State
    Texas
    Longitude
    -96.8567
    Latitude
    32.5976
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,821
    $172,690
    $2,077,310
    $2,250,000
    -
    $172,690
    $2,077,310
    $2,250,000

    Comparable in this City

    • Value Estimation
      $1,825,000
      109,626 SF

      1369 Hampton Rd

      APARTMENT HOUSE (5+ UNITS) • 109,626 SF
      1369 Hampton Rd, Desoto, TX 75115-3108
      View Details
    • Value Estimation
      $1,825,000
      180,680 SF

      1225 Pleasant Run Rd

      APARTMENT HOUSE (5+ UNITS) • 180,680 SF
      1225 Pleasant Run Rd, Desoto, TX 75115-4239
      View Details
    • Value Estimation
      $3,575,000
      227,423 SF

      821 Polk St

      APARTMENT HOUSE (5+ UNITS) • 227,423 SF
      821 Polk St, Desoto, TX 75115-7589
      View Details
    • Value Estimation
      $840,000
      42,000 SF

      2607 Prince George Ave

      APARTMENT HOUSE (5+ UNITS) • 42,000 SF
      2607 Prince George Ave, Desoto, TX 75115-2157
      View Details
    • Value Estimation
      $1,350,000
      83,920 SF

      300 Wintergreen Rd

      APARTMENT HOUSE (5+ UNITS) • 83,920 SF
      300 Wintergreen Rd, Desoto, TX 75115-2370
      View Details
    • Value Estimation
      $1,860,000
      135,448 SF

      212 Wintergreen Rd

      APARTMENT HOUSE (5+ UNITS) • 135,448 SF
      212 Wintergreen Rd, Desoto, TX 75115-2331
      View Details

    Similar Nearby for Sale

    • $349,000
      0.26 Acres

      DeSoto Duplex: Investment Opportunity

      Fully leased duplex in DeSoto, TX, offering immediate cash flow.
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      24.82 Acres

      Prime DeSoto Development Land

      24.82-acre residential site, 69+ lots possible
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    • $1,910,000
      4.18 Acres

      DeSoto Land: Polk & Wintergreen

      Prime 4-acre Commercial/Residential Tract
      810 Wintergreen Rd, DeSoto, TX 75115
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    • $2,800,000
      10.99 Acres

      DeSoto, TX Development Land

      10.99 Acres, Multi-Use Potential
      1541 Hampton Rd, DeSoto, TX 75115
      View Details
    • Contact for pricing
      0.66 Acres

      Ocala Warehouse: 10,500 SF Available

      Spacious industrial warehouse, ideal location.
      I-35E & Belt Line Rd, DeSoto, TX 75115
      View Details
    • $105,000
      1.93 Acres

      Residential Lot in DeSoto, Texas

      1.9-acre residential lot ideal for single or multi-family development.
      200 Alpine Dr, Desoto, TX 75115
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      64,604 SF

      DeSoto Retail Center - Prime Location

      High-traffic retail space, Dallas County.
      900 Polk St, DeSoto, TX 75115
      View Details
    • $2,230 /Mo
      868 SF

      Versatile Commercial Spaces For Rent

      Commercial spaces suitable for office, retail, restaurant, and personal service.
      1615 N Hampton Rd, Desoto, TX 75115
      View Details
    • $12 SF/Yr
      1,750 SF

      DeSoto Flex Space Available

      Flex space featuring reception area, offices, storage, and break area.
      1516 Osprey Dr, Desoto, TX 75115
      View Details
    • $161 SF/Yr
      7,500 SF

      Prime DeSoto Office Space

      1,500 SF Executive Office Suite Available
      215 Dalton Dr, DeSoto, TX 75115
      View Details
    • Contact for pricing

      DeSoto Development Opportunity

      Commercial land for rent in a high-traffic area.
      800 E Pleasant Run Rd, Desoto, TX 75115
      View Details
    • $2,925 /Mo
      1,950 SF

      Hampton Road Retail/Office Space

      One-story brick retail/office center on Hampton Road.
      712 N Hampton Rd, Desoto, TX 75115
      View Details
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    518 Hampton Rd
    Desoto, TX 75115-4945
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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