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Property profile & analytics
OFF-MARKET
Estimated value
$2,270,000
Apartment buildings
800 Merrill Ave Duncanville, TX 75116-3525
Entity Owned
4-yr Hold
Property ID
US82-3594263
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
FRAME
Total area
169,436 SF
Lot
11.64 ac (506,908 SF)
Zoning code
Z09
APN
22049500160010000
UPID
US82-3594263
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
-
Meadows on Merrill Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Duncanville Meadows LLC · 4 yrs held
Duncanville Meadows LLC
since 2022
5 recorded transactions
Zoning & alternative use
Z09 · Duncanville, TX
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 Duncanville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duncanville 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
$13 / 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
$449,131
Tax year 2023
Assessed value
$19,750,000
Assessed 2023
Previous assessed
$19,750,000
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$760,390
Assessed improvement
$18,989,610
Land market value
$760,390
Improvement market value
$18,989,610
Total market value
$19,750,000
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
1970
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
200
Total area
169,436 SF
Lot
11.64 ac (506,908 SF)
Zoning code
Z09
APN
22049500160010000
UPID
US82-3594263
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z09 · Duncanville, TX
Zoning Z09 · permitted uses
Z09 · Duncanville, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duncanville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
200
Lot
11.64 ac
Current owner
From public records · entity-resolved
Duncanville Meadows LLC
Entity
Mailing address
1401 LAVACA ST #191, AUSTIN, TX 78701-1634
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
—
Duncanville Meadows LLC
C03 Meadows On Merrill 200 LLC
Special Warranty Deed
$19,360,000 · The Bancorp Bank
Jan 31, 2018
—
Co3 Meadows On Merrill 200 LLC
Katz Fairmeadows LLC
Grant Deed
$12,000,000 · Arbor Com'l Fndg I LLC
Jul 16, 2015
—
Katz Fairmeadows LLC
Heartland Duncanville LP
Grant Deed
$5,579,754 · Federal Nat'l Mtg Assn (fnma)
Dec 28, 2000
—
Heartland Duncanville LLC
Fairmeadows LP
Grant Deed
$5,000,000 · Associated Bank Minnesota
—
—
Heartland Duncanville LP
—
Deed Of Trust
related
$6,080,000 · Dougherty Mortgage 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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