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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Garden apartment buildings
18551 Timber Frst Dr 312 Humble, TX 77346-2539
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3385536
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1999
Construction
WOOD FRAME
Total area
26,139 SF
Lot
11.84 ac (515,537 SF)
APN
1211620010001
UPID
US82-3385536
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
-
Timberlakes at Atascocita Apartment Complex Apartment Building
-
Jazzy's Southern Creations (Bike/Boat/Book/etc) Store
-
Best Home Remodeling & Construction Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.67M
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.41M
Owner & transaction history
El Emperio INC · 5 yrs held
El Emperio INC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.8M
+138.8%
Industrial (general)
$2.8M
+77.5%
Restaurant
$2.0M
+24.4%
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 Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,890,000
6.5%
$2,665,000
7%
$2,475,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,595,000
Current use
COMMERCIAL (GENERAL)
$3,810,000
Change: +139% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,830,000
Change: +77% · Conversion: Difficult
RESTAURANT
$1,985,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,645,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
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
$327,063
Tax year 2022
Assessed value
$36,001,122
Assessed 2024
Previous assessed
$44,037,672
-18.2% YoY
Effective rate
0.91%
On assessed value
Assessed land
$2,835,454
Assessed improvement
$33,165,668
Land market value
$2,835,454
Improvement market value
$33,165,668
Total market value
$36,001,122
Applied tax rate
18.0000
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
1999
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
15
Stories
3
Rooms
1
Bathrooms
3
Total area
26,139 SF
Lot
11.84 ac (515,537 SF)
APN
1211620010001
UPID
US82-3385536
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
15
Rooms
1
Bathrooms
3
Lot
11.84 ac
Current owner
From public records · entity-resolved
El Emperio INC
Entity
Free & Clear · 5 yrs held
Mailing address
757 N ELDRIDGE PKWY STE #750, HOUSTON, TX 77079-4548
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
—
El Emperio INC
William P Grant
Grant Deed
related
—
Dec 12, 2013
—
Gaia Timberlakes Of Atascocita Ll
Timberlakes Lighthouse Apartme
Quit Claim Deed
related
$20,775,000 · Centerline Mtg Ptrs
Jun 20, 2007
—
Timberlakes Lighthouse Apartme
Timberlakes
Quit Claim Deed
related
$17,999,900 · Pnc Bank
—
—
Timberlakes
—
Deed Of Trust
related
$14,800,000 · Column Financial 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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