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    Property profile & analytics

    1505 College Ave, Unit 124 South Houston, TX 77587-5407

    • Hotels
    • 6,120 SF
    • 2.18 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US82-2427020
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Knights Inn South Houston / Motel / Hotel

    Property Details for 1505 College Ave

    Year built
    1983
    Construction
    BRICK
    Lot size
    2.18 lot acres
    Property size
    6,120 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    430520000004
    APU
    430520000004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2484
    Latitude
    29.6553
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,803
    $548,586
    $381,948
    $930,534
    -
    $548,586
    $381,948
    $930,534

    Comparable in this City

    • Value Estimation
      $475,000
      5,168 SF

      306 Winkler Dr, Unit 29

      HOTEL/MOTEL • 5,168 SF
      306 Winkler Dr, South Houston, TX 77587-3031
      View Details
    • Value Estimation
      $615,000
      19,158 SF

      1622 Spencer Hwy, Unit 32

      HOTEL/MOTEL • 19,158 SF
      1622 Spencer Hwy, South Houston, TX 77587-3752
      View Details
    • Value Estimation by Request
      17,152 SF

      1712 Houston Blvd

      HOTEL/MOTEL • 17,152 SF
      1712 Houston Blvd, South Houston, TX 77587-4515
      View Details
    • Value Estimation by Request
      0.07 Acres

      S

      VACANT COMMERCIAL LAND • 0.07 Acres
      S, Houston, TX 77587
      View Details
    • Value Estimation by Request
      0.16 Acres

      S

      VACANT COMMERCIAL LAND • 0.16 Acres
      S, Houston, TX 77587
      View Details
    • Value Estimation by Request
      0.16 Acres

      S

      VACANT COMMERCIAL LAND • 0.16 Acres
      S, Houston, TX 77587
      View Details

    Similar Nearby for Sale

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    • $1,267,200
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      South Houston Industrial Warehouse

      7,920 SF Warehouse, Excellent Location
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    • Contact for pricing
      5,008 SF

      South Houston Office Buildings

      Two Vacant Office Buildings, Hobby Airport Proximity
      801 Dumont St, South Houston, TX 77587
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,725 SF

      Office Space with Open Layout

      Partially built-out office space with open floor plan.
      801-805 Dumont St, South Houston, TX 77587
      View Details
    • $24 SF/Yr
      43,030 SF

      South Houston Retail Center

      Prime Retail Space Available, 5 Suites
      1520 College Ave, South Houston, TX 77587
      View Details
    • $8 SF/Yr
      29,492 SF

      Retail Space on Spencer Highway

      Retail property available for lease on Spencer Highway.
      1402-1404 Spencer Hwy S, South Houston, TX 77587
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      357
    • Avg Time on site
      79 min
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    1505 College Ave, Unit 124
    South Houston, TX 77587-5407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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