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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Garden apartment buildings
19780 Atascocita Shrs Dr 240 Humble, TX 77346-2384
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2907188
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2004
Construction
BRICK
Total area
24,980 SF
Lot
15.53 ac (676,487 SF)
APN
1064850000003
UPID
US82-2907188
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
$2.55M
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$2.31M
Owner & transaction history
Mack Humble LLC · 3 yrs held
Mack Humble LLC
since 2022
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.6M
+138.8%
Industrial (general)
$2.7M
+77.5%
Restaurant
$1.9M
+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%
$2,760,000
6.5%
$2,550,000
7%
$2,365,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,525,000
Current use
COMMERCIAL (GENERAL)
$3,640,000
Change: +139% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,705,000
Change: +77% · Conversion: Difficult
RESTAURANT
$1,895,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,570,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±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
$211,764
Tax year 2022
Assessed value
$22,748,503
Assessed 2024
Previous assessed
$28,053,545
-18.9% YoY
Effective rate
0.93%
On assessed value
Assessed land
$6,296,509
Assessed improvement
$16,451,994
Land market value
$6,296,509
Improvement market value
$16,451,994
Total market value
$22,748,503
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
2004
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
11
Stories
3
Total area
24,980 SF
Lot
15.53 ac (676,487 SF)
APN
1064850000003
UPID
US82-2907188
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
$1.5M
COMMERCIAL (GENERAL)
Est. value
$3.6M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
RESTAURANT
Est. value
$1.9M
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
2004
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
11
Lot
15.53 ac
Current owner
From public records · entity-resolved
Mack Humble LLC
Entity
Mailing address
6688 N CENTRAL EXPY STE #1400, DALLAS, TX 75206-3925
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 19, 2022
—
Mack Humble LLC
—
Deed
related
$23,266,000 · Capital One NA
Dec 28, 2018
—
Lake Forest Am Ltd
—
Deed
related
$12,815,400 · Centennial Mtg
—
—
Lake Forest Am Ltd
—
Loan Modification
related
$12,815,400 · Centennial Mtg
—
—
Lake Forest Am Ltd
—
Deed Of Trust
related
$12,815,400 · Centennial Mortgage
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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