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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Office buildings
609 9th St Austin, TX 78701-2211
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US83-0874464
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Construction
WOOD FRAME
Total area
2,552 SF
Lot
0.12 ac (5,249 SF)
APN
208001405
UPID
US83-0874464
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
-
Law Office of Leslie J. Boykin, P.C. Law Firm
-
The James R. Fletcher Law Firm Law Firm
-
Law Office of David A. Kazen Law Firm Child Welfare Organization
-
Attorney WIll Mitchell Law Firm
-
Deandra Grant Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
David A Kazen · 14 yrs held
David A Kazen
since 2012
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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±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
$127 / 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
$23,880
Tax year 2022
Assessed value
$1,296,138
Assessed 2023
Previous assessed
$1,209,143
+7.2% YoY
Effective rate
1.84%
On assessed value
Assessed land
$787,200
Assessed improvement
$508,938
Land market value
$787,200
Improvement market value
$508,938
Total market value
$1,296,138
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
2
Bathrooms
2
Total area
2,552 SF
Lot
0.12 ac (5,249 SF)
APN
208001405
UPID
US83-0874464
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
Building & site characteristics
From public records
Year built
1910
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
David A Kazen
Individual
Mailing address
609 W 9TH ST, AUSTIN, TX 78701-2211
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2012
—
David A Kazen
Kazen,april M
Quit Claim Deed
related
$465,200 · April M Kazen
May 26, 2005
$581,500
David Kazen
Wilson,wade A
Warranty Deed
$465,200 · First Magnus Financial Corp
—
—
Wade A Wilson
—
Deed Of Trust
related
$387,000 · New Century Mortgage
—
—
Wade A Wilson
—
Deed Of Trust
related
$85,000 · Margaret M Jordan
—
—
Wade A Wilson
—
Deed Of Trust
related
$284,500 · Mortgage Factory INC
—
—
David A Kazen
—
Deed Of Trust
related
$520,000 · Capital One
—
—
David A Kazen
—
Deed Of Trust
related
$583,000 · Bank Of America/il
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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