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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Garden apartment buildings
14700 Woodson Park Dr 240 Houston, TX 77044-4462
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-6114902
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2012
Construction
FRAME
Total area
13,976 SF
Lot
12.02 ac (523,591 SF)
APN
1336380010001
UPID
US82-6114902
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
-
Ten Pines At Summerwood Apartment Building
-
macarthur 9nth grade school High School
-
Recovery Village Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.04M
Owner & transaction history
Price Ten Pines LLC · 11 yrs held
Price Ten Pines LLC
since 2014
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+61.7%
Auto repair, garage
$1.3M
+49.3%
Office building
$970,000
+11.3%
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
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$875,000
Current use
RESTAURANT
$1,415,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,305,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: +11% · Conversion: Moderate
MEDICAL BUILDING
$890,000
Change: +2% · Conversion: Moderate
WAREHOUSE, STORAGE
$810,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±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
$74 / 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
$213,379
Tax year 2022
Assessed value
$27,275,768
Assessed 2024
Previous assessed
$33,200,923
-17.8% YoY
Effective rate
0.78%
On assessed value
Assessed land
$5,235,910
Assessed improvement
$22,039,858
Land market value
$5,235,910
Improvement market value
$22,039,858
Total market value
$27,275,768
Applied tax rate
18.0000
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
2012
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
20
Stories
2
Total area
13,976 SF
Lot
12.02 ac (523,591 SF)
APN
1336380010001
UPID
US82-6114902
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
$875,000
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$970,000
MEDICAL BUILDING
Est. value
$890,000
WAREHOUSE, STORAGE
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2012
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
20
Lot
12.02 ac
Current owner
From public records · entity-resolved
Price Ten Pines LLC
Entity
Mailing address
4125 CENTURION WAY STE #200, ADDISON, TX 75001-4398
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2014
—
Price Ten Pines LLC
Price Hutton Creek LP
Quit Claim Deed
related
$22,000,000 · Holliday Fenoglio Fowler
May 30, 2014
—
Summerwoods Apartments Amfp II
—
Trustees Deed
related
$2,634,896 · Texas Cap Bk
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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