Technical
Financial
Distress signals
Property profile

1550 Katy Gap Rd Katy, TX 77494

OFF-MARKET
Apartment buildings
Property ID
US82-6464549
41,083 SF 23.66 ac lot Built 2012
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2012
Total area 41,083 SF
Lot 23.66 ac (1,030,804 SF)
APN 0262-05-000-0022-914
UPID US82-6464549

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 Building Apartment Complex
  • Apartment Complex
  • Business Management Consultant
  • Car Wash
  • Barber Shop

Location

1550 Katy Gap Rd Katy, TX 77494-4353
Katy metro Census 455300 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$940k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.3M +56.1%

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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