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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Hotels
3949 Yellowstone Blvd 20 Houston, TX 77021-4039
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-4111001
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1971
Construction
BRICK
Total area
7,392 SF
Lot
0.12 ac (5,401 SF)
APN
761510070027
UPID
US82-4111001
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
-
Dollar Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Dharmendra C Bhakta · 10 yrs held
Dharmendra C Bhakta
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$625,000
+282.4%
Retail stores
$585,000
+257.1%
Warehouse, storage
$545,000
+233.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
$450,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$625,000
Change: +282% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +257% · Conversion: Difficult
WAREHOUSE, STORAGE
$545,000
Change: +233% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: +214% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$72 / 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
$5,858
Tax year 2022
Assessed value
$307,873
Assessed 2024
Previous assessed
$290,751
+5.9% YoY
Effective rate
1.90%
On assessed value
Assessed land
$91,800
Assessed improvement
$216,073
Land market value
$91,800
Improvement market value
$216,073
Total market value
$307,873
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1971
Construction
BRICK
Heating
RADIANT
Cooling
OTHER
Buildings
1
Stories
2
Total area
7,392 SF
Lot
0.12 ac (5,401 SF)
APN
761510070027
UPID
US82-4111001
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)
Est. value
$625,000
RETAIL STORES
Est. value
$585,000
WAREHOUSE, STORAGE
Est. value
$545,000
OFFICE BUILDING
Est. value
$515,000
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
WAREHOUSE, STORAGE
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
1971
Construction
BRICK
Heating
RADIANT
Cooling
Yes
Stories
2
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Dharmendra C Bhakta
Individual
Mailing address
3949 YELLOWSTONE BLVD, HOUSTON, TX 77021-4039
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2015
—
Dharmendra C Bhakta
Bhakta,kamlesh & Sunita
Quit Claim Deed
related
$350,000 · Raju C & Pravina R Bhakta
Nov 19, 2009
—
Kamlesh Bhakta
Bhakta,hansa & Davendra
Quit Claim Deed
related
—
Jul 22, 2002
—
Devandra R Bhakta
Bhakta,raju C & Pravina R
Quit Claim Deed
related
$350,000 · Raju C & Pravina R Bhakta
Apr 20, 1998
—
Raju C Bhakta
Patel,prabhu P & Mahendra
Grant Deed
$250,000 · Seller
—
—
Davendra R Bhakta
—
Loan Modification
related
$253,179 · Raju C Bhakta
—
—
Raiu C Bhakta
—
Deed Of Trust
related
$463,800 · Comerica Bank Texas
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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