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Property profile & analytics
FOR SALE
Outlet malls
989 N Walnut Creek Dr Mansfield, TX 76063
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2626288
For Sale
1 / 6
$7,803,000
989 N Walnut Creek Dr, Mansfield, TX 76063
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1997
Total area
61,020 SF
Lot
5.8 ac (252,648 SF)
APN
44984--2
UPID
US82-2626288
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
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$1.62M
Owner & transaction history
Ellen Deanhardt Hammeft · 3 yrs held
Ellen Deanhardt Hammeft
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 Mansfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mansfield 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
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$27 / 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
$85,458
Tax year 2023
Assessed value
$3,700,000
Assessed 2024
Previous assessed
$3,700,000
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$947,430
Assessed improvement
$2,752,570
Land market value
$947,430
Improvement market value
$2,752,570
Total market value
$3,700,000
Applied tax rate
224.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1997
Heating
NONE
Stories
1
Total area
61,020 SF
Lot
5.8 ac (252,648 SF)
APN
44984--2
UPID
US82-2626288
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Lot
5.8 ac
Current owner
From public records · entity-resolved
Ellen Deanhardt Hammeft
Individual
Free & Clear · 3 yrs held
Mailing address
2012 E RANDOL ML RD STE #211, ARLINGTON, TX 76011-8222
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2026
—
Walnut Creek Plaza LLC
—
Deed
related
—
Sep 7, 2022
—
Ellen Deanhardt Hammeft
Ellen Douglas Ellis
Transfer On Death Deed
—
Jan 5, 2022
—
Walnut Creek Plaza LLC
—
Deed
related
—
Feb 13, 2020
—
Walnut Creek Plaza LLC
—
Deed
related
$2,564,800 · Legacy Bk/tx
Apr 1, 2014
—
Walnut Creek Plaza LLC
Dallas Retail Associates LP
Grant Deed
$2,564,800 · Legacytexas Bank
Feb 20, 2007
—
Dallas Retail Associates
Abs Tx Investor
Grant Deed
$18,815,000 · Bank Of America
Jun 26, 2006
—
Abs Tx Investor LP
Albertsons LLC
Warranty Deed
$1,689,279 · Greenwich Capital Financial Product
—
—
Walnut Creek Plaza LLC
—
Loan Modification
related
$2,564,800 · Legacy Bk/tx
—
—
Dallas Retail Associates
—
Deed Of Trust
related
$18,815,000 · Bank Of America
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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