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Property profile & analytics
OFF-MARKET
Investment properties
7700 Sommerville Pl Rd Fort Worth, TX 76135-4228
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4176100
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
1,650 SF
Lot
1.15 ac (50,007 SF)
APN
12860---------1---R1
UPID
US83-4176100
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
6824 LP · 18 yrs held
6824 LP
since 2008
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 Fort Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Worth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,809
Tax year 2023
Assessed value
$171,155
Assessed 2024
Previous assessed
$171,155
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$120,000
Assessed improvement
$51,155
Land market value
$120,000
Improvement market value
$51,155
Total market value
$171,155
Applied tax rate
223.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,650 SF
Lot
1.15 ac (50,007 SF)
APN
12860---------1---R1
UPID
US83-4176100
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
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
1900
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
6824 LP
Entity
Free & Clear · 18 yrs held
Mailing address
6824 OAK CRST DR W, FORT WORTH, TX 76140-1624
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2020
—
6824 LP
—
Deed
related
$248,660 · Bank Of The West
Aug 3, 2018
—
6824 LP
—
Deed
related
$289,512 · Bank Of The West
Mar 10, 2008
—
6824 LP
Owner Name Unavailable
Grant Deed
related
—
Sep 7, 2007
—
Nancy Patterson
Ross,justin W
Warranty Deed
related
—
Apr 12, 2007
—
Poe Farm LLC
Ross,justin W
Grant Deed
related
—
Oct 30, 2006
—
Justin W Ross
Just,barbara
Quit Claim Deed
related
$291,000 · James Cagle
Jan 18, 2000
—
Barbara Just
Duckett,ginger H
Grant Deed
related
—
—
—
6824 LP
—
Loan Modification
related
$88,646 · Tax Ease Fndg
—
—
Barbara Just
—
Deed Of Trust
related
$96,000 · Long Beach Mortgage Co
—
—
6824 LP
—
Deed Of Trust
related
$54,799 · Tax Ease Funding LP
—
—
6824 LP
—
Deed Of Trust
related
$46,134 · Tax Ease Funding LP
—
—
6824 LP
—
Loan Modification
related
$248,660 · Bank Of The West
—
—
6824 LP
—
Loan Modification, Consolidation And Extension
related
$289,512 · Bank Of The West
—
—
6824 LP
—
Deed Of Trust
related
$25,067 · Tax Ease Funding LP
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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