New search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Garden apartment buildings
201 Vis Rd 108 Pasadena, TX 77504-1452
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4065271
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Construction
BRICK
Total area
9,536 SF
Lot
4.38 ac (190,880 SF)
APN
341980000025
UPID
US83-4065271
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
-
Park On Vista Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$758k
Blend (final)
Blend
$695k
Owner & transaction history
Texas Park Vista · 21 yrs held
Texas Park Vista
since 2004
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+41.4%
Auto repair, garage
$840,000
+35.6%
Restaurant
$820,000
+32.1%
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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$620,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +41% · Conversion: Moderate
AUTO REPAIR, GARAGE
$840,000
Change: +36% · Conversion: Difficult
RESTAURANT
$820,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$620,000
Change: +0% · Conversion: Difficult
RETAIL STORES
$595,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$580,000
Change: -6% · Conversion: Moderate
MEDICAL BUILDING
$565,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$73 / 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
$81,060
Tax year 2022
Assessed value
$6,672,373
Assessed 2024
Previous assessed
$7,130,535
-6.4% YoY
Effective rate
1.21%
On assessed value
Assessed land
$763,516
Assessed improvement
$5,908,857
Land market value
$763,516
Improvement market value
$5,908,857
Total market value
$6,672,373
Applied tax rate
21.0000
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
1973
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
13
Stories
2
Rooms
1
Bathrooms
3
Total area
9,536 SF
Lot
4.38 ac (190,880 SF)
APN
341980000025
UPID
US83-4065271
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
$620,000
COMMERCIAL (GENERAL)
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$840,000
RESTAURANT
Est. value
$820,000
WAREHOUSE, STORAGE
Est. value
$620,000
RETAIL STORES
Est. value
$595,000
OFFICE BUILDING
Est. value
$580,000
MEDICAL BUILDING
Est. value
$565,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1973
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
13
Rooms
1
Bathrooms
3
Lot
4.38 ac
Current owner
From public records · entity-resolved
Texas Park Vista
Individual
Free & Clear · 21 yrs held
Mailing address
3406 JUDAH ST, SAN FRANCISCO, CA 94122-1327
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2004
—
Texas Park Vista
Juniper Vista Ltd
Grant Deed
related
—
Mar 13, 2002
—
Juniper Vista Ltd
Jenkins,mack & Bab A
Grant Deed
$1,785,000 · Bank Of America
—
—
Texas Park Vista LP
—
Deed Of Trust
related
$2,105,000 · Greystone Servicing Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 201 Vis Rd, Unit 108?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
