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Property profile & analytics
OFF-MARKET
Commercial land
430 Red Summitt Dr Crosby, TX 77532-2230
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0029259
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2018
Lot
0.24 ac (10,454 SF)
APN
402810000430
UPID
US82-0029259
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
Michelle Denise Tatmon · 2 yrs held
Michelle Denise Tatmon
since 2024
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 Crosby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crosby 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
$1,487
Tax year 2022
Assessed value
$523
Assessed 2024
Previous assessed
$241,792
-99.8% YoY
Effective rate
284.32%
On assessed value
Assessed land
$523
Land market value
$523
Total market value
$523
Applied tax rate
5.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2018
Heating
NONE
Lot
0.24 ac (10,454 SF)
APN
402810000430
UPID
US82-0029259
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
2018
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Michelle Denise Tatmon
Individual
Mailing address
839 ASPEN BLFS RD, CROSBY, TX 77532-3417
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2024
—
Michelle Denise Tatmon
Castlerock Communities LLC
Venders Lien
$296,105 · Bank Of America NA
Aug 12, 2021
—
Pili Ardon Davis JR
Castlerock Communities LP
Venders Lien
$322,990 · Interlinc Mortgage Services LLC
Jun 8, 2021
—
Ivan Harvey Gaspar
Castlerock Communities LP
Venders Lien
$260,768 · Interlinc Mortgage Services LLC
May 21, 2021
—
Charlie James Boston
Castlerock Communities LP
Venders Lien
$206,431 · Interlinc Mortgage Services LLC
Apr 28, 2021
—
Benjamin Arteaga
Castlerock Communities LP
Venders Lien
$294,408 · Interlinc Mortgage Services LLC
Mar 30, 2021
—
Adrian Hernandez
Castlerock Communities LP
Venders Lien
$246,623 · Nations Reliable Lending LLC
Mar 24, 2021
—
Jose A Infante
Castlerock Community LP
Venders Lien
$215,399 · Western Mortgage Corp
Jan 12, 2021
—
Gustavo L Huerta
Castlerock Communities LP
Venders Lien
$268,620 · Interlinc Mortgage Services LLC
Jan 4, 2021
—
Amanda Luis Janine Gonzales
Castlerock Communities LP
Venders Lien
$252,388 · Interlinc Mortgage Services LLC
Dec 17, 2020
—
Patrick Warren Brennan
Castlerock Communities LP
Venders Lien
$108,118 · Interlinc Mortgage Services LLC
Dec 16, 2020
—
Scot Stefan Mcmanus
Castlerock Communites LP
Venders Lien
$285,000 · Mid-american Mortgage INC
Dec 11, 2020
—
Omar Espinoza
Castlerock Communities LP
Venders Lien
$223,992 · Interlinc Mortgage Services LLC
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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