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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Garden apartment buildings
101 Allen Genoa Rd 73 South Houston, TX 77587-3859
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-2037492
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1971
Construction
BRICK
Total area
30,622 SF
Lot
1.83 ac (79,758 SF)
APN
341930000117
UPID
US82-2037492
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
$1.92M
Blend (final)
Blend
$2.00M
Owner & transaction history
Sanmore Allen Genoa LLC · 6 yrs held
Sanmore Allen Genoa LLC
since 2020
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.2M
+39.6%
Restaurant
$2.8M
+23.3%
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 South Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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)
$2,270,000
Current use
RETAIL STORES
$3,170,000
Change: +40% · Conversion: Difficult
RESTAURANT
$2,800,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$2,015,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±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
$65 / 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
$71,980
Tax year 2022
Assessed value
$4,890,036
Assessed 2024
Previous assessed
$5,833,342
-16.2% YoY
Effective rate
1.47%
On assessed value
Assessed land
$478,548
Assessed improvement
$4,411,488
Land market value
$478,548
Improvement market value
$4,411,488
Total market value
$4,890,036
Applied tax rate
21.0000
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
1971
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
2
Rooms
1
Bathrooms
1
Total area
30,622 SF
Lot
1.83 ac (79,758 SF)
APN
341930000117
UPID
US82-2037492
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
$2.3M
RETAIL STORES
Est. value
$3.2M
RESTAURANT
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
RESTAURANT
MEDICAL 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
1971
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
7
Rooms
1
Bathrooms
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Sanmore Allen Genoa LLC
Entity
Mailing address
PO BOX 231147, HOUSTON, TX 77223-1147
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2020
—
Sanmore Allen Genoa LLC
Lg Venture LLC
Warranty Deed
$4,427,850 · Roserock Cap Fund I LP
Dec 2, 2013
—
Lg Venture LLC
Happy Town LLC
Grant Deed
$1,880,000 · American First National Bank
May 21, 2013
—
Happy Town LLC
Wmcp Ashton Place LLC
Grant Deed
related
—
Jun 13, 2011
—
Wmcp Ashton Place LLC
Ashton Ventures LLC
Quit Claim Deed
related
—
—
—
Happy Town LLC
—
Deed Of Trust
related
—
—
—
Wm Capital Partners Xiii LLC
—
Deed Of Trust
related
$750,000 · Bank Of Commerce
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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