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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Commercial land
12976 Westheimer Rd Houston, TX 77077-5753
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-8580577
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Construction
STEEL FRAME
Lot
1.91 ac (83,274 SF)
APN
1075110000001
UPID
US82-8580577
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
-
Hartwood at Briarwest Apartment Complex Housing Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Education Based Housing INC · 6 yrs held
Education Based Housing INC
since 2020
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 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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
—
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
$41,946
Tax year 2022
Assessed value
$2,498,250
Assessed 2024
Previous assessed
$2,081,875
+20.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$2,498,250
Land market value
$2,498,250
Total market value
$2,498,250
Applied tax rate
1.0000
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
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Lot
1.91 ac (83,274 SF)
APN
1075110000001
UPID
US82-8580577
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
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
1.91 ac
Current owner
From public records · entity-resolved
Education Based Housing INC
Entity
Free & Clear · 6 yrs held
Mailing address
12651 BRIAR FRST DR STE #300, HOUSTON, TX 77077-2382
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
$14,219,202
Education Based Housing INC
Nh Briarwest LP
Grant Deed
—
Feb 3, 2020
—
Nh Briarwest LP
Briarwest Properties Ltd
Quit Claim Deed
related
$2,500,000 · Education Based Hsng INC
Dec 15, 2006
—
Susser Petroleum Co
Briarwest Properties Ltd
Grant Deed
related
—
Oct 21, 2004
—
Briarwest Properties Ltd
Dow,c M
Grant Deed
$2,504,155 · Sterling Bank
—
—
Briarwest Properties Ltd
—
Loan Modification
related
$2,051,448 · International Bk/commerce
—
—
Briarwest Properties Ltd Tx LP
—
Deed Of Trust
related
—
—
—
Briarwest Properties Ltd
—
Loan Modification
related
$2,051,448 · International Bk/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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