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Property profile & analytics
OFF-MARKET
Garden apartment buildings
16303 Imperial Vly Dr 304 Houston, TX 77060-3510
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0815478
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1978
Construction
WOOD FRAME
Total area
8,768 SF
Lot
8.32 ac (362,463 SF)
APN
1086210000003
UPID
US82-0815478
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
-
Urban 19 Apartment Complex Leasing Service
-
Bayou City CPR & First Aid Occupational Health Service
-
Game The Planet Newspaper & Magazine Television Studio
-
SHARON'S HOUSE KEEPING Hardware & Home Improvement
-
MYLANEY FACTORY Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hz Props Re Ltd · 7 yrs held
Hz Props Re Ltd
since 2018
7 recorded transactions
Zoning & alternative use
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2022Property tax & assessments
Tax year 2022
Tax billed
$203,697
Tax year 2022
Assessed value
$26,582,794
Assessed 2024
Previous assessed
$17,531,710
+51.6% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,449,852
Assessed improvement
$25,132,942
Land market value
$1,449,852
Improvement market value
$25,132,942
Total market value
$26,582,794
Applied tax rate
9.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
19
Stories
2
Rooms
3
Bathrooms
1
Total area
8,768 SF
Lot
8.32 ac (362,463 SF)
APN
1086210000003
UPID
US82-0815478
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
19
Rooms
3
Bathrooms
1
Lot
8.32 ac
Current owner
From public records · entity-resolved
Hz Props Re Ltd
Individual
Mailing address
21715 103RD AVE CT E, GRAHAM, WA 98338-8152
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2018
—
Hz Props Re Ltd
Naz Ents LLP
Grant Deed
related
—
Dec 18, 2014
—
Deer Creek
2013 Houston Dc Apartments LLC
Grant Deed
$9,140,000 · Lmrec III Holdings III INC
Feb 7, 2013
—
2013 Houston Dc Apartments LLC
Tritex R/e Advisors II INC
Grant Deed
$5,450,000 · Flagship Cap Ptrs Fund I LP
Jan 4, 2011
—
Federal Natl Mtg Assn Fnma
Staas,david F
Trustees Deed
related
—
—
—
Sam Houston Parkway Bldg Hope
—
Deed Of Trust
related
$3,740,000 · Pnc Bk
—
—
2013 Houston Dc Apartments LLC
—
Deed Of Trust
related
$5,286,560 · Green Bk
—
—
16303 Imperial LLC
—
Loan Modification
related
$15,852,343 · First United Bk
—
—
Deer Creek
—
Deed Of Trust
related
$10,200,000 · Arbor Com'l Fndg
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.
Try Rey
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