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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Garden apartment buildings
831 Terrell Rd Terrell Hills, TX 78209-2113
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5343840
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2018
Total area
13,529 SF
Lot
0.79 ac (34,412 SF)
APN
05526-006-0500
UPID
US82-5343840
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
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$807k
Blend (final)
Blend
$735k
Owner & transaction history
831 Terrell Road LLC · 4 yrs held
831 Terrell Road LLC
since 2022
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 Terrell Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Terrell Hills 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
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,000,000
Current use
OFFICE BUILDING
$895,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$54 / 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
$61,285
Tax year 2023
Assessed value
$2,740,000
Assessed 2024
Previous assessed
$2,740,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$699,950
Assessed improvement
$2,040,050
Land market value
$699,950
Improvement market value
$2,040,050
Total market value
$2,740,000
Applied tax rate
6.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
13,529 SF
Lot
0.79 ac (34,412 SF)
APN
05526-006-0500
UPID
US82-5343840
Jurisdiction
BEXAR
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$895,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
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
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
831 Terrell Road LLC
Entity
Mailing address
20 HALSEY AVE, WESTHAMPTON BEACH, NY 11978-1904
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2022
—
831 Terrell Road LLC
Penfield Heights Investors LP
Venders Lien
$1,000,000 · Loan Funder LLC Series 32189
Nov 23, 2009
—
Penfield Heights Investors
—
Trustees Deed
related
$137,202 · Jourdanton State Bank
Oct 21, 2008
—
Penfield Heights Investors LP
Ithaca Investments Ltd
Venders Lien
$137,600 · Jourdanton State Bank
—
—
Penfield Heights Investors LP
—
Loan Modification
related
$107,221 · Jourdanton St Bk
—
—
Penfield Heights Investors LP
—
Deed Of Trust
related
$200,000 · First Com'l Bk NA
—
—
Penfield Heights Investors LP
—
Loan Modification
related
$106,677 · Jourdanton St Bk
—
—
Penfield Heights Investors LP
—
Loan Modification
related
$108,696 · Jourdanton State Bank
—
—
Penfield Heights Investors LP
—
Deed Of Trust
related
$109,049 · Jourdanton State Bank
—
—
Penfield Heights Investors LP
—
Deed Of Trust
related
$123,393 · Jourdanton State Bank
—
—
Penfield Heights Investors LP
—
Deed Of Trust
related
$123,104 · Jourdanton State Bank
—
—
Penfield Heights Investors LP
—
Loan Modification
related
$100,000 · Jourdanton St Bk
—
—
Ithaca Investments Ltd
—
Deed Of Trust
related
$78,750 · Plains Capital Bank
—
—
Penfield Heights Investors LP
—
Loan Modification
related
$100,000 · First Com'l Bk
—
—
Penfield Heights Investors LP
—
Deed Of Trust
related
$1,766,000 · First Com'l Bk
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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