Technical
Financial
Distress signals
Property profile

302 Cobia Dr 351 Katy, TX 77494

OFF-MARKET
Garden apartment buildings
Property ID
US82-9841349
38,812 SF 14.6 ac lot Built 2014
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2014
Construction FRAME
Total area 38,812 SF
Lot 14.6 ac (636,020 SF)
APN 1346160070003
UPID US82-9841349

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building Apartment Complex
  • Shipping Company Freight Service
  • Take-out & Catering Catering Service
  • Marketing & Advertising
  • Swimming Lake

Location

302 Cobia Dr, Unit 351 Katy, TX 77494-6964
Katy metro Census 455300 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.2M +56.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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