Back to Search
Property profile & analytics
FOR SALE
Garden apartment buildings
13932 Victoria St Houston, TX 77015
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2782815
For Sale
1 / 4
$5,200,000
13932 Victoria St, Houston, TX 77015
View Listing →
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1986
Construction
BRICK
Total area
5,952 SF
Lot
0.96 ac (42,001 SF)
APN
650710790012
UPID
US82-2782815
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
-
Summer Breeze Apartments Apartment Complex
-
Houston Paving Pros General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$745k
Owner & transaction history
Victoria Casa Properties LLC · 6 yrs held
Victoria Casa Properties LLC
since 2020
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+105.4%
Auto repair, garage
$695,000
+30.5%
Restaurant
$565,000
+5.4%
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
$475,000
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,035,000
7%
$965,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$535,000
Current use
COMMERCIAL (GENERAL)
$1,095,000
Change: +105% · Conversion: Moderate
AUTO REPAIR, GARAGE
$695,000
Change: +30% · Conversion: Difficult
RESTAURANT
$565,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$125 / 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
$19,178
Tax year 2022
Assessed value
$2,584,034
Assessed 2024
Previous assessed
$2,519,134
+2.6% YoY
Effective rate
0.74%
On assessed value
Assessed land
$252,000
Assessed improvement
$2,332,034
Land market value
$252,000
Improvement market value
$2,332,034
Total market value
$2,584,034
Applied tax rate
15.0000
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
For Sale
Year built
1986
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
2
Rooms
3
Bathrooms
1
Total area
5,952 SF
Lot
0.96 ac (42,001 SF)
APN
650710790012
UPID
US82-2782815
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
$535,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$695,000
RESTAURANT
Est. value
$565,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
1986
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
7
Rooms
3
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Victoria Casa Properties LLC
Entity
Mailing address
77 CHAPONIS WAY, SOUTH WINDSOR, CT 06074-4282
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2025
—
Victoria Casa Properties LLC
—
Deed
related
$225,100 · United States Small Business Admin
Apr 27, 2020
—
Victoria Casa Properties LLC
Xinfa Co LLC
Grant Deed
$2,310,000 · American First Nat'l Bk
Jun 2, 2017
—
Xinfa Co LLC
Big Re Fund 2015 LLC
Grant Deed
$1,590,000 · Cathay Bk
Jul 6, 2015
—
Big Re Fund 2015 LLC
Friedrichs William M JR
Warranty Deed
related
$1,766,428 · Icon Bk/tx NA
—
—
William M Friedrichs JR.
—
Deed Of Trust
related
$600,000 · Third Coast Bank Ssb
—
—
William M Friedrichs JR.
—
Deed Of Trust
related
$900,000 · Frost National Bank
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?”
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.
