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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Apartment buildings
15010 Old Richmond Rd Sugar Land, TX 77498-1889
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-8613667
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2018
Lot
10.45 ac (455,028 SF)
Zoning code
SZQ
APN
0402-00-000-3320-907
UPID
US82-8613667
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
-
Gala at Four Corners Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Gala At Four Corners LP · 1 yrs held
Gala At Four Corners LP
since 2024
6 recorded transactions
Zoning & alternative use
SZQ · Sugar Land, TX
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 Sugar Land submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sugar Land 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
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$69,675
Tax year 2023
Assessed value
$4,727,547
Assessed 2024
Previous assessed
$4,601,250
+2.7% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,758,051
Assessed improvement
$2,969,496
Land market value
$1,758,051
Improvement market value
$2,969,496
Total market value
$4,727,547
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
Off-Market
Year built
2018
Heating
NONE
Lot
10.45 ac (455,028 SF)
Zoning code
SZQ
APN
0402-00-000-3320-907
UPID
US82-8613667
Jurisdiction
FORT BEND
Zoning & alternative use
SZQ · Sugar Land, TX
Zoning SZQ · permitted uses
SZQ · Sugar Land, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sugar Land. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Lot
10.45 ac
Current owner
From public records · entity-resolved
Gala At Four Corners LP
Entity
Mailing address
4803 S NATIONAL AVE STE #200, SPRINGFIELD, MO 65810-3016
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
—
Gala At Four Corners LP
—
Deed
related
$1,400,000 · Cedar Rapids Bank & Trust Company An Iow
Dec 17, 2020
—
Gala At Four Corners LP
—
Deed
related
$950,000 · Cedar Rapids Bank & Trust Co
Jun 24, 2020
—
Gala At Four Corners LP
—
Deed
related
$7,411,000 · Keybank USA
Jul 30, 2019
—
Provision At Four Corners LP
—
Grant Deed
related
$7,500,000 · Keybank USA
Dec 18, 2017
—
Gala At Four Corners LP
—
Trustees Deed
related
$9,948,640 · Capital One NA
—
—
Gala At Four Corners LP
—
Deed Of Trust
related
$7,411,000 · Keybank USA
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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