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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Garden apartment buildings
4209 Spg Stuebner Rd 350 Spring, TX 77389-5374
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9524433
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2019
Construction
METAL FRAME
Total area
16,269 SF
Lot
25.51 ac (1,111,216 SF)
APN
1408940010001
UPID
US82-9524433
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
-
Infinity Cleaning Services (Bike/Boat/Book/etc) Store
-
Als caregiver services Hotel & Motel Vacation Rental
-
Alscaregiverservices.de Home Health Care Service
-
Vale Apartments Real Estate Agency
-
TXM Spring Stuebner Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.05M
Owner & transaction history
Vale Luxury Apartments LLC · 5 yrs held
Vale Luxury Apartments LLC
since 2020
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+121.7%
Office building
$1.1M
+43.0%
Auto repair, garage
$1.0M
+40.1%
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 Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring 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
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$745,000
Current use
RESTAURANT
$1,650,000
Change: +122% · Conversion: Difficult
OFFICE BUILDING
$1,065,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,040,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$945,000
Change: +27% · Conversion: Moderate
WAREHOUSE, STORAGE
$840,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$65 / 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
$1,141,188
Tax year 2022
Assessed value
$68,507,880
Assessed 2024
Previous assessed
$63,594,902
+7.7% YoY
Effective rate
1.67%
On assessed value
Assessed land
$6,667,296
Assessed improvement
$61,840,584
Land market value
$6,667,296
Improvement market value
$61,840,584
Total market value
$68,507,880
Applied tax rate
17.0000
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
2019
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
37
Stories
2
Total area
16,269 SF
Lot
25.51 ac (1,111,216 SF)
APN
1408940010001
UPID
US82-9524433
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
$745,000
RESTAURANT
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$840,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2019
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
37
Lot
25.51 ac
Current owner
From public records · entity-resolved
Vale Luxury Apartments LLC
Entity
Mailing address
1400 W MARKHAM ST STE #202, LITTLE ROCK, AR 72201-1843
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 16, 2020
—
Vale Luxury Apartments LLC
Dd Stuebner LLC
Grant Deed
$28,900,000 · Simmons Bk
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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