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Property profile & analytics
OFF-MARKET
Apartment buildings
3908 Woolworth St 16 Houston, TX 77026-4196
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US83-3484000
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
BRICK
Total area
1,506 SF
Lot
0.62 ac (27,029 SF)
APN
690650020020
UPID
US83-3484000
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
Franco Properties LLC
Franco Properties LLC
since 2025
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
$17,169
Tax year 2022
Assessed value
$878,499
Assessed 2024
Previous assessed
$852,155
+3.1% YoY
Effective rate
1.95%
On assessed value
Assessed land
$297,330
Assessed improvement
$581,169
Land market value
$297,330
Improvement market value
$581,169
Total market value
$878,499
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
1
Rooms
8
Bathrooms
1
Total area
1,506 SF
Lot
0.62 ac (27,029 SF)
APN
690650020020
UPID
US83-3484000
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
1950
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Rooms
8
Bathrooms
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Franco Properties LLC
Entity
Mailing address
6220 JENSEN DR, HOUSTON, TX 77026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Francorp Properties LLC
—
Deed
related
$1,296,750 · Rflf 4 LLC
Dec 5, 2025
—
Franco Properties LLC
Franco Management Group LLC
Warranty Deed
$1,296,750 · Rflf 4 LLC
Dec 12, 2017
—
Efrain Franco
—
Deed
related
$210,000 · Velocity Com'l Cap
Nov 6, 2008
$245,512
North Houston Bk
Cribbs F P JR
Trustees Deed
related
—
Nov 6, 2008
$43,205
North Houston Bk
Cribbs F P JR
Trustees Deed
related
—
May 29, 2008
—
Thomas J Randle
Constable Of Harris County
Trustees Deed
related
—
—
—
Efrain Franco
—
Deed Of Trust
related
$210,000 · Velocity Com'l Cap
—
—
Richard Williamson
—
Deed Of Trust
related
$130,000 · North Houston Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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