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Property profile & analytics
FOR SALE
Apartment buildings
14302 Laredo St Houston, TX 77015
Individually Owned
3-yr Hold
Free & Clear
Property ID
US82-2036929
For Sale
1 / 4
$990,000
14302 Laredo St, Houston, TX 77015
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD FRAME
Total area
5,700 SF
Lot
0.25 ac (10,999 SF)
APN
650680750002
UPID
US82-2036929
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
-
Cloverleaf Properties Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$685k
Owner & transaction history
Kevin Vu · 3 yrs held
Kevin Vu
since 2023
7 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
$665,000
+30.5%
Restaurant
$540,000
+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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$510,000
Current use
COMMERCIAL (GENERAL)
$1,050,000
Change: +105% · Conversion: Moderate
AUTO REPAIR, GARAGE
$665,000
Change: +30% · Conversion: Difficult
RESTAURANT
$540,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$410,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$120 / 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
$7,964
Tax year 2022
Assessed value
$1,053,532
Assessed 2024
Previous assessed
$1,046,113
+0.7% YoY
Effective rate
0.76%
On assessed value
Assessed land
$66,000
Assessed improvement
$987,532
Land market value
$66,000
Improvement market value
$987,532
Total market value
$1,053,532
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1984
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
1
Bathrooms
1
Total area
5,700 SF
Lot
0.25 ac (10,999 SF)
APN
650680750002
UPID
US82-2036929
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
$510,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$665,000
RESTAURANT
Est. value
$540,000
RETAIL STORES
Est. value
$410,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
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
1984
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
1
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Kevin Vu
Individual
Free & Clear · 3 yrs held
Mailing address
14302 LAREDO ST APT #14, HOUSTON, TX 77015-4774
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2023
—
Kevin Vu
14302 Laredo LLC
Warranty Deed
—
Mar 2, 2021
—
14302 Laredo LLC
Nssr Realty LLC
Venders Lien
$500,000 · Citizens 1st Bank
Nov 13, 2018
—
Nssr Realty LLC
Gq Rents LLC
Warranty Deed
$510,000 · Citizens 1st Bk Tyler Tx
Sep 18, 2018
—
Gq Rents LLC
—
Loan Modification
related
$1,155,000 · Priority Invtr Lns
May 7, 2018
—
Gq Rents LLC
—
Loan Modification
related
$1,155,000 · Priority Invtr Lns
May 2, 2017
—
Gq Rents LLC
Big Re Fund 2015 LLC
Trustees Deed
$1,155,000 · Priority Invtr Lns
Jul 6, 2015
—
Big Re Fund 2015 LLC
Friedrichs,william M JR
Grant Deed
related
$1,766,428 · Icon Bk/tx NA
Dec 20, 2010
—
William M Friedrichs JR.
—
Trustees Deed
related
$4,196,142 · Patriot Bk/s Tipton
—
—
Ellington Suburban Extended St
—
Loan Modification
related
$4,400,000 · Patriot Bk
—
—
William M Friedrichs JR.
—
Deed Of Trust
related
$4,400,000 · Patriot Bank NA
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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