Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Garden apartment buildings
1311 Beaumont Rd 81 Baytown, TX 77520-3282
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0225392
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Construction
BRICK
Total area
13,246 SF
Lot
4.08 ac (177,882 SF)
APN
410740010168
UPID
US82-0225392
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
-
Horizon Apartments Apartment Building
-
Baywood Arms Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.37M
Owner & transaction history
Elite Baywood · 19 yrs held
Elite Baywood
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+129.1%
Industrial (general)
$1.6M
+69.4%
Auto repair, garage
$1.4M
+45.8%
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 Baytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baytown 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%
$1,465,000
6.5%
$1,350,000
7%
$1,255,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$955,000
Current use
COMMERCIAL (GENERAL)
$2,190,000
Change: +129% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,620,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,395,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$1,395,000
Change: +46% · Conversion: Difficult
RESTAURANT
$1,380,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$1,315,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$1,235,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$103 / 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
$28,627
Tax year 2022
Assessed value
$5,157,216
Assessed 2024
Previous assessed
$5,349,961
-3.6% YoY
Effective rate
0.56%
On assessed value
Assessed land
$444,710
Assessed improvement
$4,712,506
Land market value
$444,710
Improvement market value
$4,712,506
Total market value
$5,157,216
Applied tax rate
16.0000
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
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
11
Stories
2
Rooms
2
Bathrooms
1
Total area
13,246 SF
Lot
4.08 ac (177,882 SF)
APN
410740010168
UPID
US82-0225392
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
$955,000
COMMERCIAL (GENERAL)
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
RESTAURANT
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
OFFICE 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
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
11
Rooms
2
Bathrooms
1
Lot
4.08 ac
Current owner
From public records · entity-resolved
Elite Baywood
Individual
Mailing address
2205 AVE I STE #117, ROSENBERG, TX 77471-2651
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2020
—
Aptib LLC
—
Deed
related
$19,750,000 · Starwood Mtg Cap
Jul 25, 2019
—
Apthz LLC
—
Deed
related
$3,400,000 · Avatar Horizon Apartments LLC
Jun 11, 2019
—
Apthz LLC
—
Trustees Deed
related
$1,040,000 · Amg Tx Cap LLC
Oct 24, 2017
—
Apthz LLC
—
Deed
related
$800,000 · Moritz Oak LLC
Apr 24, 2017
—
Apthz LLC
—
Deed
related
$2,107,000 · Arbor Agcy Lndg LLC
Jun 21, 2007
—
Elite Baywood
Sittig,marshall & Nancy
Grant Deed
$1,820,000 · First Nat'l Bk
Apr 24, 2006
—
Marshall Sittig
Baytown Arms Ltd
Grant Deed
$1,406,250 · Citibank Fsb
—
—
Apthz LLC
—
Deed Of Trust
related
$3,400,000 · Avatar Horizon Apartments LLC
—
—
Apthz LLC
—
Deed Of Trust
related
$4,000,000 · Cathexis Capital LP Cathexis Capital LP
—
—
Elite Baywood
—
Deed Of Trust
related
$68,360 · Retax Funding LP
—
—
Elite Baywood
—
Deed Of Trust
related
$53,266 · Retax Funding LP
—
—
Aptib LLC
—
Deed Of Trust
related
$19,750,000 · Starwood Mtg Cap
—
—
Apthz LLC
—
Deed Of Trust
related
$2,107,000 · Arbor Agcy Lndg LLC
—
—
Apthz LLC
—
Deed Of Trust
related
$800,000 · Moritz Oak LLC
—
—
Elite Baywood LP
—
Deed Of Trust
related
$60,857 · Retax Funding
—
—
Apthz LLC
—
Deed Of Trust
related
$775,000 · Joseph Hantman
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 1311 Beaumont Rd, Unit 81?
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.
