Technical
Financial
Distress signals
Property profile

1550 Westborough Dr 340 Katy, TX 77449

OFF-MARKET
Garden apartment buildings
Property ID
US82-5561574
33,355 SF 15.74 ac lot Built 2013
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2013
Construction FRAME
Total area 33,355 SF
Lot 15.74 ac (685,852 SF)
APN 1338350020003
UPID US82-5561574

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
  • Construction Company General Contractor
  • Car Rental Facility
  • Commercial Cleaning Service Carpet Cleaning Service
  • Advertising Agency Marketing & Advertising
  • Apartment Building Apartment Complex

Location

1550 Westborough Dr, Unit 340 Katy, TX 77449-1580
Katy metro Census 542402 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.05M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.4M +59.4%
Industrial (general) $1.1M +18.4%

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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