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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Investment properties
805 University Ave, Alton, TX 78573-2206
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-7591513
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2010
Total area
3,325 SF
Lot
19.1 ac (831,996 SF)
APN
M0359-00-000-0003-00
UPID
US82-7591513
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
$945k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$730k
Owner & transaction history
Maeghan Pointe Ltd · 10 yrs held
Maeghan Pointe Ltd
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$700,000
+59.4%
Retail stores
$495,000
+12.6%
Auto repair, garage
$470,000
+6.9%
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 Alton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alton 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
$945,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$520,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$440,000
Current use
OFFICE BUILDING
$700,000
Change: +59% · Conversion: Easy
RETAIL STORES
$495,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$470,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$220 / 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
$108,666
Tax year 2022
Assessed value
$3,725,000
Assessed 2023
Previous assessed
$3,725,000
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$1,497,593
Assessed improvement
$2,227,407
Land market value
$1,497,593
Improvement market value
$2,227,407
Total market value
$3,725,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2010
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
3,325 SF
Lot
19.1 ac (831,996 SF)
APN
M0359-00-000-0003-00
UPID
US82-7591513
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$700,000
RETAIL STORES
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$470,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
2010
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
5
Lot
19.1 ac
Current owner
From public records · entity-resolved
Maeghan Pointe Ltd
Individual
Mailing address
15 LK DR, ROUND ROCK, TX 78665-9415
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2016
—
Maeghan Pointe Ltd
—
Deed
related
$1,650,000 · First National Bank Texas
—
—
Maeghan Pointe Ltd
—
Deed Of Trust
related
$1,680,000 · Keltz Mortgage Investments
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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