Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6102 Hl Frst Dr Austin, TX 78749-1368
    Back to Search
    Property profile & analytics

    6102 Hl Frst Dr Austin, TX 78749-1368

    View on Map
    • Apartment buildings
    • 14,384 SF
    • 1.18 lot acres
    Off-Market
    Property ID
    US82-3746213
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 6102 Hl Frst Dr

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    1.18 lot acres
    Property size
    14,384 SF
    Property type
    Apartment buildings
    APN
    408280826
    APU
    408280826

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8465
    Latitude
    30.231
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, 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
    2022
    $45,341
    $515,160
    $2,002,880
    $2,518,040
    -
    $515,160
    $2,002,880
    $2,518,040

    Comparable in this City

    • Value Estimation
      $5,980,000
      324,860 SF

      4009 Sabio Dr

      APARTMENT HOUSE (100+ UNITS) • 324,860 SF
      4009 Sabio Dr, Austin, TX 78749-4801
      View Details
    • Value Estimation
      $2,495,000
      129,073 SF

      7000 Convict Hl Rd

      APARTMENT HOUSE (100+ UNITS) • 129,073 SF
      7000 Convict Hl Rd, Austin, TX 78749-1701
      View Details
    • Value Estimation by Request
      6,860 SF

      5216 Mc Carty Ln

      APARTMENT HOUSE (5+ UNITS) • 6,860 SF
      5216 Mc Carty Ln, Austin, TX 78749-2271
      View Details
    • Value Estimation
      $3,920,000
      240,640 SF

      Fm Rr 1826

      APARTMENT HOUSE (100+ UNITS) • 240,640 SF
      Fm Rr 1826, Austin, TX 78749
      View Details
    • Value Estimation
      $3,510,000
      189,516 SF

      4100 Slaughter Ln

      APARTMENT HOUSE (100+ UNITS) • 189,516 SF
      4100 Slaughter Ln, Austin, TX 78749-3693
      View Details
    • Value Estimation by Request
      0.28 Acres

      6605 Hill Oaks Dr

      Land • 0.28 Acres
      6605 Hill Oaks Dr, Austin, TX 78749
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,409 SF

      Two Assisted Living Facilities

      Two licensed assisted living facilities in South Austin for sale.
      4601 Chesney Ridge Dr, Austin, TX 78749
      View Details
    • Contact for pricing

      Office/Flex Campus For Sale/Lease

      Two-building office/flex campus with space for sale or lease.
      4407 Monterey Oaks Blvd, Austin, TX 78749
      View Details
    • $1,165,325
      2,917 SF

      Move-in Ready Southwest Austin Office

      Office condo ideal for professional and medical users.
      5920 W William Cannon Dr, Austin, TX 78749
      View Details
    • $1,165,325

      Mesa Oaks Office Condominium

      Move-in ready office condo in Southwest Austin's Mesa Oaks.
      5920 West William Cannon Dr, Austin, TX 78749
      View Details
    • Contact for pricing
      2,251 SF

      Remodeled Dental Office in Austin

      2,251 SF dental office in Southwest Austin for sale.
      5901 Old Fredericksburg Rd, Austin, TX 78749
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Austin, Texas.
      3601 W William Cannon Dr, Austin, TX 78749
      View Details
    • Contact for pricing
      8,075 SF

      Austin Commercial Property For Rent

      Commercial property available for rent in Austin, Texas.
      7027 W Us Highway 290, Austin, TX 78749
      View Details
    • Contact for pricing
      37,500 SF

      Class A Office Space Available

      Class A office space for rent in Austin, Texas.
      3800 Ben Garza Ln, Austin, TX 78749
      View Details
    • Contact for pricing
      34,065 SF

      Class A Office Space Available

      Vibrant community with Class A office space for rent.
      6316 Legado Ln, Austin, TX 78749
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6102 Hl Frst Dr
    Austin, TX 78749-1368
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6102 Hl Frst Dr, Austin, TX, 78749
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!