Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Garden apartment buildings
10000 Hammerly Blvd 328 Houston, TX 77080-5176
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-0489784
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Construction
BRICK
Total area
12,180 SF
Lot
9.73 ac (423,869 SF)
APN
1020750000004
UPID
US82-0489784
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
Current use
Occupant on record · Public records
-
In Town Appliance Repairs Houston TX Home Appliance Store
-
A and J fresh carpet care & services Painting Water Damage Restoration Service
-
La Primavera Apartments Apartment Complex
-
Quality Life HCS Adult Day Care
-
Federal Student Loan Reduction, Inc. Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$565k
Owner & transaction history
Hunters Chase LLC · 8 yrs held
Hunters Chase LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$880,000
+55.2%
Office building
$845,000
+49.5%
Medical building
$775,000
+37.2%
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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)
$565,000
Current use
RETAIL STORES
$880,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$775,000
Change: +37% · Conversion: Moderate
WAREHOUSE, STORAGE
$725,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$46 / 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
$293,724
Tax year 2022
Previous assessed
$27,860,140
Applied tax rate
25.0000
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
1968
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
25
Stories
2
Rooms
4
Bathrooms
1
Total area
12,180 SF
Lot
9.73 ac (423,869 SF)
APN
1020750000004
UPID
US82-0489784
Jurisdiction
HARRIS
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
$565,000
RETAIL STORES
Est. value
$880,000
OFFICE BUILDING
Est. value
$845,000
MEDICAL BUILDING
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$725,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1968
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
25
Rooms
4
Bathrooms
1
Lot
9.73 ac
Current owner
From public records · entity-resolved
Hunters Chase LLC
Entity
Mailing address
8108 N FM 973RD DR STE #100, AUSTIN, TX 78724-7227
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
—
Argentic Real Estate Finance 2 LLC
—
Deed
related
$8,890,000 · Hunters Chase LLC
Oct 27, 2023
—
Hunter Chase LLC
—
Deed
related
$25,500,000 · Argentic Real Estate Finance LLC
Jan 3, 2018
—
Hunters Chase LLC
Thorpe 2014 Family Trust
Grant Deed
$18,375,000 · Holliday Fenoglio Fowler
Jul 1, 2015
—
Thorpe 2014 Family Trust
10000 Hammerly LLC
Grant Deed
$11,648,857 · Iberiabank
Aug 2, 2012
—
Apartments Of Hunters Chase LLC
Us Bank NA Series 2006-c2
Grant Deed
$6,750,000 · Centerline Mtg Cap
Jun 7, 2011
$5,260,000
Us Bank NA Series 2006-c2
Neilson,chris
Trustees Deed
related
—
Feb 1, 2006
—
Pp2 Fx1 Alliance
Alliance Pp
Quit Claim Deed
related
$160,340,708 · Column Financial INC
Feb 9, 2005
—
Everest Pp
Alliance Pp
Grant Deed
related
—
Nov 17, 2004
—
Pp Alliance
Alliance Gt 6
Quit Claim Deed
related
—
—
—
Thorpe 2014 Family Trust
—
Deed Of Trust
related
$11,900,000 · Iberiabank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10000 Hammerly Blvd, Unit 328?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
