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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Apartment buildings
5411 Amherst Cir Dallas, TX 75209-4453
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-1758499
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
FRAME
Total area
15,708 SF
Lot
0.59 ac (25,499 SF)
Zoning code
Z164
APN
365071000000
UPID
US82-1758499
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
-
Devonshire Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$949k
Blend (final)
Blend
$830k
Owner & transaction history
Devonshire Apartments LLC · 10 yrs held
Devonshire Apartments LLC
since 2016
6 recorded transactions
Zoning & alternative use
Z164 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+38.8%
Medical building
$1.1M
+33.5%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$800,000
Current use
OFFICE BUILDING
$1,110,000
Change: +39% · Conversion: Moderate
MEDICAL BUILDING
$1,065,000
Change: +33% · Conversion: Moderate
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$53 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$64,671
Tax year 2023
Assessed value
$2,818,180
Assessed 2023
Previous assessed
$2,818,180
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$382,490
Assessed improvement
$2,435,690
Land market value
$382,490
Improvement market value
$2,435,690
Total market value
$2,818,180
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
Off-Market
Year built
1946
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
20
Bathrooms
1
Total area
15,708 SF
Lot
0.59 ac (25,499 SF)
Zoning code
Z164
APN
365071000000
UPID
US82-1758499
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z164 · Dallas, TX
Zoning Z164 · permitted uses
Z164 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$800,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
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
1946
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
20
Bathrooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Devonshire Apartments LLC
Entity
Mailing address
22162 DUENDE, MISSION VIEJO, CA 92691-1307
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2016
—
Devonshire Apartments LLC
Blue Fin Partners Fund I LLC
Grant Deed
$3,675,000 · Hunt Mortgage Group LLC
Jan 2, 2015
—
Blue Fin Partners Fund I LLC
West Amherst Apartments LLC
Grant Deed
related
$2,587,500 · Independent Bk
Sep 20, 2010
—
West Amherst Apartments LLC
Beverly Partners II Ltd
Grant Deed
$750,000 · Pegasus Bank
Jan 26, 2000
—
Beverly Partners II Ltd
Beverly Partners Ltd
Quit Claim Deed
related
—
—
—
Blue Fin Partners Fund 1 LLC
—
Loan Modification
related
$2,587,500 · Independent Bk
—
—
Devonshire Apartments LLC
—
Deed Of Trust
related
$5,618,000 · Hunt Mtg Ptrs LLC
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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