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Property profile & analytics
OFF-MARKET
Apartment buildings
1660 Kipling St 4 Houston, TX 77006-4149
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US82-0196221
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
BRICK
Total area
3,774 SF
Lot
0.16 ac (6,874 SF)
APN
540530050003
UPID
US82-0196221
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
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
Natalie Miller
Natalie Miller
since 2025
5 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 2020Property tax & assessments
Tax year 2020
Tax billed
$17,591
Tax year 2020
Assessed value
$980,914
Assessed 2024
Previous assessed
$979,035
+0.2% YoY
Effective rate
1.79%
On assessed value
Assessed land
$721,875
Assessed improvement
$259,039
Land market value
$721,875
Improvement market value
$259,039
Total market value
$980,914
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1935
Construction
BRICK
Heating
NONE
Cooling
NONE
Buildings
1
Stories
2
Rooms
1
Total area
3,774 SF
Lot
0.16 ac (6,874 SF)
APN
540530050003
UPID
US82-0196221
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
1935
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Natalie Miller
Individual
Mailing address
6615 VANDERBILT ST, HOUSTON, TX 77005-3824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
—
Natalie Miller
Kipling Corner LLC
Deed
$817,000 · Cadence Bank NA
May 27, 2021
—
Pearce W Hammond JR
1660 Kipling LLC
Venders Lien
$501,375 · Republic State Mortgage Co
Nov 7, 2013
—
1660 Kipling LLC
Thigpen,allison P
Warranty Deed
related
—
Feb 2, 2012
—
Thigpen,allison P
Thigpen,allison P
Quit Claim Deed
related
—
Mar 22, 2004
—
Alan W Mundy
Hudler,tony D
Grant Deed
$244,800 · Hometrust Mortgage Corp INC
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.
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