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Property profile & analytics
OFF-MARKET
Investment properties
1412 Quitman St Houston, TX 77009-7938
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1180994
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Construction
FRAME
Total area
2,952 SF
Lot
0.11 ac (5,001 SF)
APN
230240000007
UPID
US82-1180994
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
Priority Investor Loans LLC · 2 yrs held
Priority Investor Loans LLC
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 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
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
$6,721
Tax year 2022
Assessed value
$339,548
Assessed 2024
Previous assessed
$333,595
+1.8% YoY
Effective rate
1.98%
On assessed value
Assessed land
$187,500
Assessed improvement
$152,048
Land market value
$187,500
Improvement market value
$152,048
Total market value
$339,548
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Stories
1
Total area
2,952 SF
Lot
0.11 ac (5,001 SF)
APN
230240000007
UPID
US82-1180994
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
Year built
1950
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Priority Investor Loans LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3100 WESLAYAN ST STE #315, HOUSTON, TX 77027-5764
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
$225,000
Priority Investor Loans LLC
White Light Holdings LLC
Trustees Deed
related
—
Mar 7, 2024
—
Morelia Spilota LLC
Yes We Invest LLC
Special Warranty Deed
—
Feb 7, 2022
—
White Light Holdings LLC
Sammore Investments LLC
Venders Lien
$543,000 · Priority Investor Loans LLC
Dec 17, 2021
—
Sanmore Investments LLC
Jose Angel Sustaita
Venders Lien
$405,000 · Priority Investor Loans LLC
Dec 21, 2007
—
Jose A Sustaita
—
Trustees Deed
related
$5,000 · Daniel Esquivel
Sep 13, 2002
—
Jose A Sustaita
Gallardo,gregory
Grant Deed
related
—
—
—
Jose A Sustaita
—
Deed Of Trust
related
$8,000 · Daniel Esquivel
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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