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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Investment properties
4351 Telephone Rd 9 Houston, TX 77087-1403
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3401141
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1948
Construction
WOOD FRAME
Total area
3,536 SF
Lot
1.65 ac (71,957 SF)
APN
450660000035
UPID
US83-3401141
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
-
Herbalife INSPIRACIÓN MAGICA Pharmacy (Bike/Boat/Book/etc) Store
-
Tacos Jalisco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$730k
Owner & transaction history
Alvarado LLC · 1 yrs held
Alvarado LLC
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$665,000
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$206 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$12,520
Tax year 2020
Assessed value
$808,053
Assessed 2024
Previous assessed
$805,697
+0.3% YoY
Effective rate
1.55%
On assessed value
Assessed land
$251,850
Assessed improvement
$556,203
Land market value
$251,850
Improvement market value
$556,203
Total market value
$808,053
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1948
Construction
WOOD FRAME
Heating
RADIANT
Cooling
NONE
Buildings
1
Stories
2
Total area
3,536 SF
Lot
1.65 ac (71,957 SF)
APN
450660000035
UPID
US83-3401141
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
1948
Construction
WOOD FRAME
Heating
RADIANT
Cooling
Yes
Stories
2
Buildings
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Alvarado LLC
Entity
Free & Clear · 1 yrs held
Mailing address
20333 STATE HWY 249TH STE #510, HOUSTON, TX 77070-2613
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
—
Alvarado LLC
Rockwell Realty LLC
Deed
—
Apr 12, 2016
—
Rockwell Realty LLC
Barbisch,brett
Warranty Deed
related
—
Mar 7, 2016
$350,000
Brett Barbisch
Conway Philip D|h-live LLC
Trustees Deed
—
May 7, 2015
—
H-live LLC
Torres,elizabeth & Hernan
Warranty Deed
related
$800,000 · Jose Llanes
Dec 27, 2011
—
Elizabeth Torres
Huang,lung-hui & Cho P
Warranty Deed
$500,000 · Lung-hui & Cho P Huang
Nov 17, 2008
—
Martha Medrano
Telephone Road Owner LLC
Warranty Deed
$850,000 · Carriage Credit
Apr 4, 2008
—
Telephone Road Owner LLC
Draper,john H
Warranty Deed
related
—
Feb 19, 2008
—
John H Draper
Huang,lung-hui & Cho P
Warranty Deed
$500,000 · Lung-hui & Cho P Huang
—
—
John Draper
—
Deed Of Trust
related
$40,000 · Rogelio & Rosa Cabellero INC
—
—
Martha Medrano
—
Deed Of Trust
related
$20,000 · Roger Cabellero
—
—
John Draper
—
Deed Of Trust
related
$70,000 · Rogelio & Rosa Cabellero
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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