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Property profile & analytics
OFF-MARKET
Turn key restaurants
2103 Cypress Crk Pkwy, Houston, TX 77090-3103
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4144618
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
WOOD FRAME
Total area
12,458 SF
Lot
2.12 ac (92,456 SF)
APN
1153190000008
UPID
US82-4144618
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
Longhing INC · 13 yrs held
Longhing INC
since 2013
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
$9,985
Tax year 2022
Assessed value
$1,322,961
Assessed 2024
Previous assessed
$1,301,369
+1.7% YoY
Effective rate
0.75%
On assessed value
Assessed land
$1,142,360
Assessed improvement
$180,601
Land market value
$1,142,360
Improvement market value
$180,601
Total market value
$1,322,961
Applied tax rate
24.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
12,458 SF
Lot
2.12 ac (92,456 SF)
APN
1153190000008
UPID
US82-4144618
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
1984
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.12 ac
Current owner
From public records · entity-resolved
Longhing INC
Entity
Mailing address
13366 MURPHY RD, STAFFORD, TX 77477-4306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
Longhing INC
—
Deed
related
$100,000 · New Sharp Solution INC
Feb 17, 2020
—
Longhing INC
—
Deed
related
$200,000 · New Sharp Solution INC
Apr 15, 2019
—
Longhing INC
—
Deed
related
$500,000 · Miscellaneous Ins Co
Aug 15, 2018
—
Longhing INC
—
Deed
related
$2,000,000 · Miscellaneous Ins Co
Jun 24, 2013
—
Longhing INC
Philadelphia American Life Ins
Grant Deed
$1,300,000 · Metrobank
Feb 5, 2013
—
Philadelphia American Life Ins
Wu Ted
Trustees Deed
related
—
May 5, 1997
—
Hung & Mai INC
Gmri INC
Grant Deed
$800,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$700,000 · Metrobank
—
—
Hung & Mai INC
—
Loan Modification, Consolidation And Extension
related
$486,613 · Metrobanc
—
—
Hung & Mai INC
—
Deed Of Trust
related
$106,585 · Tax Ease Funding LP
—
—
Longhing INC
—
Deed Of Trust
related
$200,000 · New Sharp Solution INC
—
—
Longhing INC
—
Deed Of Trust
related
$2,000,000 · Miscellaneous Ins Co
—
—
Hung & Mai INC
—
Deed Of Trust
related
$300,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$124,279 · Metrobank
—
—
Longhing INC
—
Deed Of Trust
related
$500,000 · Miscellaneous Ins Co
—
—
Hung & Mai INC
—
Deed Of Trust
related
$340,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$600,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$600,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$600,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$600,000 · Metrobank
—
—
Hung & Mai INC
—
Deed Of Trust
related
$800,000 · Philadelphia American Life Ins
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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