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Property profile & analytics
OFF-MARKET
Estimated value
$3,450,000
Apartment buildings
901 Us Hwy 80th E Mesquite, TX 75150-5728
Entity Owned
5-yr Hold
Property ID
US82-3738835
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1999
Construction
FRAME
Total area
296,370 SF
Lot
17.15 ac (746,967 SF)
Zoning code
Z16
APN
380750000A0010000
UPID
US82-3738835
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
$3.45M
Owner & transaction history
Tripp Fee Owner LLC · 5 yrs held
Tripp Fee Owner LLC
since 2021
4 recorded transactions
Zoning & alternative use
Z16 · Mesquite, 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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,290,000
Current use
Blend value · Realmo final
$3.45M
Range $3.11M – $3.80M · ±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
$12 / 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
$1,096,735
Tax year 2023
Assessed value
$46,980,530
Assessed 2023
Previous assessed
$46,980,530
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,680,680
Assessed improvement
$45,299,850
Land market value
$1,680,680
Improvement market value
$45,299,850
Total market value
$46,980,530
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
295
Total area
296,370 SF
Lot
17.15 ac (746,967 SF)
Zoning code
Z16
APN
380750000A0010000
UPID
US82-3738835
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z16 · Mesquite, TX
Zoning Z16 · permitted uses
Z16 · Mesquite, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesquite. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
295
Lot
17.15 ac
Current owner
From public records · entity-resolved
Tripp Fee Owner LLC
Entity
Mailing address
10100 SANTA MONICA BLVD STE #400, LOS ANGELES, CA 90067-4108
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2021
—
Tripp Fee Owner LLC
Spi Mission Ranch LLC
Special Warranty Deed
$29,400,000 · Bank Of America NA
Dec 29, 2016
—
Spi Mission Ranch LLC
Adveniratmission Ranch LLC
Grant Deed
$27,292,300 · Arbor Com'l Fndg I LLC
Feb 24, 2014
—
Adveniratmission Ranch LLC
Virtu Mission Ranch Owner LP
Grant Deed
$21,800,000 · Berkeley Point Cap
Aug 17, 2011
—
Virtu Mission Ranch Owner LP
Sg Mission Ranch-mesquite LP
Grant Deed
$16,875,000 · Cbre Capital Markets INC
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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