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Property profile & analytics
OFF-MARKET
Commercial land
11722 Madera Run Pkwy, Humble, TX 77346
Individually Owned
2-yr Hold
Absentee Owner
Property ID
US82-0043603
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
29.79 ac (1,297,600 SF)
APN
401580910279
UPID
US82-0043603
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
Michelle Felix · 2 yrs held
Michelle Felix
since 2024
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 Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble 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 2022Property tax & assessments
Tax year 2022
Tax billed
$21,176
Tax year 2022
Assessed value
$1,030,216
Assessed 2024
Previous assessed
$2,566,259
-59.9% YoY
Effective rate
2.06%
On assessed value
Assessed land
$1,030,216
Land market value
$1,030,216
Total market value
$1,030,216
Applied tax rate
18.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
29.79 ac (1,297,600 SF)
APN
401580910279
UPID
US82-0043603
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
Building & site characteristics
From public records
Heating
NONE
Lot
29.79 ac
Current owner
From public records · entity-resolved
Michelle Felix
Individual
Mailing address
16946 CHAPEL KNOX DR, HUMBLE, TX 77346-5288
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
—
Michelle Felix
Beazer Homes Texas LP
Venders Lien
$348,896 · Loandepot.com LLC
Mar 11, 2024
—
Kyle Mcmillan
Beazer Homes Texas LP
Venders Lien
$324,994 · V I P Independent Mortgage INC
Feb 26, 2024
—
Vanessa Martin
Beazer Homes Texas LP
Venders Lien
$318,600 · Ark-la-tex Financial Services LLC
Jan 17, 2024
—
Ida Ledet
Beazer Homes Texas LP
Venders Lien
$202,500 · Amcap Mortgage Ltd
Jan 5, 2024
—
Breanna Webster
Beazer Homes Texas LP
Venders Lien
$367,925 · Amcap Mortgage Ltd
Jan 4, 2024
—
Kentrelle Evans
Beazer Homes Texas LP
Venders Lien
$353,399 · Amcap Mortgage Ltd
Jan 2, 2024
—
Tshara Harper
Beazer Homes Texas LP
Venders Lien
$396,807 · Amcap Mortgage Ltd
Dec 28, 2023
—
Diamond Smith
Meritage Homes Of Texas LLC
Venders Lien
$337,071 · Ark-la-tex Financial Services LLC
Nov 16, 2022
—
Andrew Davie
Shea Homes Houston LLC
Venders Lien
$441,497 · Nations Reliable Lending LLC
May 16, 2022
—
Jefferson Davis
Shea Homes Houston LLC
Venders Lien
$483,727 · Fairway Independent Mortgage Corp
Apr 27, 2022
—
Geoffrey Sameet Patel
Perry Homes LLC
Venders Lien
$209,000 · Wintex Group LLC
Mar 31, 2022
—
Audrey M Jones
Beazer Homes Texas LP
Venders Lien
$241,040 · Cherry Creek Mortgage Co INC
Mar 11, 2022
—
Julia Whitlock Blockhus
Highland Homes Houston LLC
Venders Lien
$406,800 · Highland Homeloans LLC
Mar 3, 2022
—
Angela Marie Hayes
Highland Homes Houston LLC
Venders Lien
$374,537 · Highland Homeloans LLC
Feb 16, 2022
—
William H Wiggins IV
Highland Homes Houston LLC
Venders Lien
$470,250 · Highland Homeloans LLC
Jan 26, 2022
—
Christopher Brian Demanuele
Highland Homes Houston LLC
Venders Lien
$100,000 · Highland Homeloans LLC
Jan 19, 2022
—
Wayne Cain Garrett
Highland Homes Houston LLC
Venders Lien
$504,000 · Highland Homeloans LLC
Jan 11, 2022
—
Allen Brown
Highland Homes Houston LLC
Venders Lien
$397,585 · Highland Homeloans LLC
Dec 21, 2021
—
Zachary Wheeler
Perry Homes LLC
Venders Lien
$480,356 · Jpmorgan Chase Bank NA
Oct 26, 2021
—
Isaac Guel
Perry Homes LLC
Venders Lien
$547,880 · United Wholesale Mortgage
Aug 6, 2020
—
Dylan Ross Meyers
Lennar Homes Of Texas Sales And Mkt
Venders Lien
$256,500 · Eagle Home Mortgage LLC
Aug 4, 2020
—
George Wayne Skinner III
Lennar Homes Of Texas Sales And Mkt
Venders Lien
$309,294 · Eagle Home Mortgage LLC
Jul 28, 2020
—
Julius Brown
Perry Homes LLC
Venders Lien
$323,760 · Western Mortgage Corp
Jun 25, 2020
—
Pramod M Manapure
Lennar Homes Of Texas Sales And Mkt
Venders Lien
$275,499 · Eagle Home Mortgage LLC
—
—
Krissy Osborne
—
Deed Of Trust
$346,400 · Highland Homeloans LLC
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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