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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Garden apartment buildings
14335 Ella Blvd 320 Houston, TX 77014-2561
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0295544
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1983
Construction
FRAME
Total area
16,332 SF
Lot
10.27 ac (447,361 SF)
APN
411150000185
UPID
US82-0295544
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
-
Genos Barber Lounge Barber Shop
-
Brinda Parks Coaching Consultant Mental Health Service
-
Straight North Addiction Rehab Medical Clinic
-
New Prosperity Movement Financial Advisor
-
The Venti Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.66M
Owner & transaction history
14355 Ella LLC · 7 yrs held
14355 Ella LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+158.7%
Restaurant
$1.7M
+61.7%
Auto repair, garage
$1.5M
+49.3%
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)
$1,020,000
Current use
COMMERCIAL (GENERAL)
$2,640,000
Change: +159% · Conversion: Moderate
RESTAURANT
$1,650,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,525,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$1,205,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$1,040,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±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
$101 / 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
$165,461
Tax year 2022
Assessed value
$16,324,561
Assessed 2024
Previous assessed
$21,865,809
-25.3% YoY
Effective rate
1.01%
On assessed value
Assessed land
$3,131,527
Assessed improvement
$13,193,034
Land market value
$3,131,527
Improvement market value
$13,193,034
Total market value
$16,324,561
Applied tax rate
24.0000
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
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
17
Stories
3
Rooms
1
Total area
16,332 SF
Lot
10.27 ac (447,361 SF)
APN
411150000185
UPID
US82-0295544
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
$1.0M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
17
Rooms
1
Lot
10.27 ac
Current owner
From public records · entity-resolved
14355 Ella LLC
Entity
Mailing address
5214 68TH ST STE #201, LUBBOCK, TX 79424-1523
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
14335 Ella LLC
—
Deed
related
$18,303,000 · Jll R/e Cap LLC
Dec 17, 2018
—
14355 Ella LLC
Cranbrook Merko LLC
Grant Deed
—
Sep 27, 2018
—
Cranbrook Merko LLC
—
Deed
related
$13,500,000 · American First Nat'l Bk
Aug 15, 2018
—
Cranbrook Merko LLC
—
Deed
related
$250,000 · Wallis St Bk
Oct 27, 2017
—
Cranbrook Merko LLC
Cbda LLC
Grant Deed
$10,800,000 · Wallis St Bk
—
—
Cbda LLC
—
Deed Of Trust
related
$5,200,000 · Pillar Multifamily LLC
—
—
Cranbrook Merko LLC
—
Deed Of Trust
related
$250,000 · Wallis St Bk
—
—
Cranbrook Merko LLC
—
Deed Of Trust
related
$13,500,000 · American First Nat'l Bk
—
—
14335 Ella LLC
—
Deed Of Trust
related
$18,303,000 · Jll R/e Cap LLC
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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