Property profile

1516 Sam Houston S Pkwy 150 Pasadena, TX 77503

OFF-MARKET
Garden apartment buildings
Property ID
US82-4665327
12,960 SF 13.09 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1981
Construction BRICK
Total area 12,960 SF
Lot 13.09 ac (570,126 SF)
APN 460300000055
UPID US82-4665327

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex
  • Computer & Electronic Repair
  • Apartment Complex Townhouse Complex

Location

1516 Sam Houston S Pkwy, Unit 150 Pasadena, TX 77503-3421
Pasadena metro Census 322600 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$860k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.3M +71.3%
Restaurant $1.1M +43.7%
Retail stores $980,000 +26.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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