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Property profile & analytics
OFF-MARKET
Apartment buildings
4005 Reid St 4 Houston, TX 77026-1551
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-0875108
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Construction
WOOD FRAME
Total area
3,762 SF
Lot
0.06 ac (2,692 SF)
APN
670750060122
UPID
US83-0875108
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
Pazos Holdings · 10 yrs held
Pazos Holdings
since 2016
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
$1,606
Tax year 2022
Assessed value
$89,312
Assessed 2024
Previous assessed
$79,709
+12.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$21,536
Assessed improvement
$67,776
Land market value
$21,536
Improvement market value
$67,776
Total market value
$89,312
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
1958
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Stories
2
Rooms
1
Bathrooms
1
Total area
3,762 SF
Lot
0.06 ac (2,692 SF)
APN
670750060122
UPID
US83-0875108
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
1958
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Pazos Holdings
Entity
Free & Clear · 10 yrs held
Mailing address
2401 FOUNTAIN VW DR STE #315, HOUSTON, TX 77057-4854
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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 5, 2016
—
Pazos Holdings
Canbo Properties LLC
Warranty Deed
related
—
Oct 14, 2015
—
Canbo Properties LLC
Loma Partners LLC-reid Series
Warranty Deed
related
—
Sep 26, 2014
—
Loma Partners LLC-reid Series
Thome Family Trust
Grant Deed
related
—
Apr 25, 2007
—
Joseph F Thome
Dis Partners LLC
Warranty Deed
related
—
Nov 16, 2006
—
Thome Family Trust
Thome,joseph F & Cara M
Quit Claim Deed
related
—
Aug 9, 2006
—
Joseph F Thome
Dis Partners LLC
Venders Lien
$40,800 · Wells Fargo Bank NA
Jul 20, 2006
—
Thome,joseph F & Cara M
Dis Partners LLC
Warranty Deed
$77,600 · First Magnus Fin'l
Mar 28, 2006
—
Dis Partners LLC
USA Investors Group INC
Warranty 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.
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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