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Property profile & analytics
OFF-MARKET
Apartment buildings
909 Redbird Dr Irving, TX 75061-7313
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-0284876
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
FRAME
Total area
2,862 SF
Lot
0.26 ac (11,480 SF)
Zoning code
Z83
APN
32320500000170000
UPID
US82-0284876
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
Demarco Properties LLC · 2 yrs held
Demarco Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z83 · Irving, 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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$10,778
Tax year 2023
Assessed value
$498,400
Assessed 2023
Previous assessed
$498,400
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$70,000
Assessed improvement
$428,400
Land market value
$70,000
Improvement market value
$428,400
Total market value
$498,400
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
1963
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
2,862 SF
Lot
0.26 ac (11,480 SF)
Zoning code
Z83
APN
32320500000170000
UPID
US82-0284876
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z83 · Irving, TX
Zoning Z83 · permitted uses
Z83 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
Demarco Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6434 RIDGEMONT DR, DALLAS, TX 75214-1656
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2023
—
Demarco Properties LLC
Maria Grace Santiago
Warranty Deed
—
Aug 25, 2021
—
Maria Grace Santiago
David Gladney
Warranty Deed
—
Oct 19, 2006
—
Manley R Woods IV
Stratus Capital
Grant Deed
$164,000 · Prime Lending INC
Feb 11, 2005
—
Stratus Capital
Billings,gregory A
Warranty Deed
related
—
Dec 27, 2004
—
Gregory A Billings
Veracity Capital Partners Ltd
Warranty Deed
$149,600 · Willow Bend Mortgage Corp
Sep 17, 2004
—
Veracity Capital Partners Ltd
Federal National Mortgage Assn
Grant Deed
related
—
May 11, 2004
$155,991
Fannie Mae
Carter,j
Trustees Deed
related
—
Jan 22, 2003
—
John R Vaughan
Elmore,ronald B
Grant Deed
$148,000 · Greenpoint Mortgage Funding
Dec 26, 2001
—
Ronald B Elmore
Cassidy,daniel C
Grant Deed
$138,825 · United Lending Partners Ltd
Aug 3, 2000
—
Daniel C Cassidy
Easton,garrett W
Grant Deed
$264,600 · Liberty Bank For Savings
—
—
John Vaughan
—
Deed Of Trust
related
$27,750 · Property Ownership Solutions
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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