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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Garden apartment buildings
3300 Rollingbrook Dr 248 Baytown, TX 77521-3641
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3746088
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Construction
FRAME
Total area
15,636 SF
Lot
12 ac (522,720 SF)
APN
1155680000001
UPID
US83-3746088
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
-
Venterra Realty-Raintree Apt Apartment Building
-
Raintree Apartments Real Estate Agency
-
Texas Best Towing and Tow Trucks Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.08M
Owner & transaction history
RT Baytown Partners LLC · 7 yrs held
RT Baytown Partners LLC
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+80.8%
Restaurant
$1.2M
+35.5%
Office building
$950,000
+8.4%
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 Baytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baytown 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$875,000
Current use
MEDICAL BUILDING
$1,580,000
Change: +81% · Conversion: Moderate
RESTAURANT
$1,185,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$950,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$890,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$880,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$69 / 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
$112,193
Tax year 2022
Assessed value
$16,930,819
Assessed 2024
Previous assessed
$20,967,137
-19.3% YoY
Effective rate
0.66%
On assessed value
Assessed land
$2,090,880
Assessed improvement
$14,839,939
Land market value
$2,090,880
Improvement market value
$14,839,939
Total market value
$16,930,819
Applied tax rate
16.0000
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
19
Stories
2
Rooms
4
Bathrooms
1
Total area
15,636 SF
Lot
12 ac (522,720 SF)
APN
1155680000001
UPID
US83-3746088
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
$875,000
MEDICAL BUILDING
Est. value
$1.6M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$880,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
19
Rooms
4
Bathrooms
1
Lot
12 ac
Current owner
From public records · entity-resolved
RT Baytown Partners LLC
Entity
Mailing address
30242 ESPERANZA, RANCHO SANTA MARGARITA, CA 92688-2121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Oct 3, 2018
—
RT Baytown Partners LLC
Omninet Southeast LP
Grant Deed
$14,780,000 · Greystone Svcg
Feb 12, 2016
—
Omninet Southeast LP
Vr Raintree LP
Grant Deed
$14,780,000 · Greystone Svcg
Dec 6, 2006
—
12400 LLC
Rollingbrook Associates Ltd
Grant Deed
related
—
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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