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Property profile & analytics
OFF-MARKET
Estimated value
$5,905,000
Apartment buildings
1217 Westwood Dr Rosenberg, TX 77471-2298
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4345984
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
103,204 SF
Lot
5.5 ac (239,624 SF)
Zoning code
YX
APN
0023-00-003-0005-901
UPID
US82-4345984
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
$5.91M
Owner & transaction history
Rockstar Westwood LLC · 10 yrs held
Rockstar Westwood LLC
since 2016
7 recorded transactions
Zoning & alternative use
YX · Rosenberg, 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 Rosenberg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosenberg 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
$57 / 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
$195,796
Tax year 2023
Assessed value
$10,502,327
Assessed 2024
Previous assessed
$10,142,443
+3.5% YoY
Effective rate
1.86%
On assessed value
Assessed land
$479,735
Assessed improvement
$10,022,592
Land market value
$479,735
Improvement market value
$10,022,592
Total market value
$10,502,327
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
1977
Heating
CENTRAL
Cooling
CENTRAL
Rooms
81
Total area
103,204 SF
Lot
5.5 ac (239,624 SF)
Zoning code
YX
APN
0023-00-003-0005-901
UPID
US82-4345984
Jurisdiction
FORT BEND
Zoning & alternative use
YX · Rosenberg, TX
Zoning YX · permitted uses
YX · Rosenberg, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rosenberg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
CENTRAL
Cooling
Yes
Rooms
81
Lot
5.5 ac
Current owner
From public records · entity-resolved
Rockstar Westwood LLC
Entity
Mailing address
4219 MARKHAM ST, HOUSTON, TX 77027-6324
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2016
—
Rockstar Westwood LLC
Sunstone Westwood Village Apar
Trustees Deed
$15,300,000 · Berkeley Point Cap
Jun 16, 2016
—
Sunstone Partners III LLC
Sunstone Westwood Village Apar
Quit Claim Deed
related
—
May 21, 2013
—
Pecan Park Apartments LLC
—
Loan Modification
related
$6,690,000 · Hrc Fund V Reit LLC
Feb 22, 2012
—
Pecan Park Apartments LLC
Us Bk NA Series 2004-cibc9
Grant Deed
$6,960,000 · Other Institutional Lenders
Sep 6, 2011
$7,535,000
Us Bank NA Series 2004-cibc9
Ladd Robert S
Trustees Deed
related
—
—
—
Sunstone Westwood Village Apar
—
Deed Of Trust
related
$400,000 · Green Bk
—
—
Rockstar Westwood LLC
—
Deed Of Trust
related
$22,600,000 · Newmark Knight Frank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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