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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Garden apartment buildings
3600 Decker Dr 32 Baytown, TX 77520-1632
Individually Owned
29-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2038179
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1950
Construction
BRICK
Total area
6,456 SF
Lot
1.35 ac (58,806 SF)
APN
451440010121
UPID
US82-2038179
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
-
Ggsxv Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$510k
Owner & transaction history
Angelo Vitullo · 29 yrs held
Angelo Vitullo
since 1997
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$790,000
+69.4%
Auto repair, garage
$680,000
+45.8%
Retail stores
$680,000
+45.7%
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
$360,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$465,000
Current use
INDUSTRIAL (GENERAL)
$790,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$680,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$680,000
Change: +46% · Conversion: Difficult
RESTAURANT
$675,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$640,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$600,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$79 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$4,004
Tax year 2020
Assessed value
$1,324,636
Assessed 2024
Previous assessed
$1,333,993
-0.7% YoY
Effective rate
0.30%
On assessed value
Assessed land
$235,224
Assessed improvement
$1,089,412
Land market value
$235,224
Improvement market value
$1,089,412
Total market value
$1,324,636
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
1950
Construction
BRICK
Heating
NONE
Cooling
NONE
Buildings
4
Stories
2
Rooms
2
Bathrooms
3
Total area
6,456 SF
Lot
1.35 ac (58,806 SF)
APN
451440010121
UPID
US82-2038179
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
$465,000
INDUSTRIAL (GENERAL)
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$680,000
RETAIL STORES
Est. value
$680,000
RESTAURANT
Est. value
$675,000
MEDICAL BUILDING
Est. value
$640,000
OFFICE BUILDING
Est. value
$600,000
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
OFFICE 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
1950
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Rooms
2
Bathrooms
3
Lot
1.35 ac
Current owner
From public records · entity-resolved
Angelo Vitullo
Individual
Free & Clear · 29 yrs held
Mailing address
1302 WAUGH DR #250, HOUSTON, TX 77019-3908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 1997
$235,789
Angelo Vitullo
Vitullo,angelo & Rose M
Trustees 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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