Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Warehouses
4383 Katy Hockley Cut Off Rd Katy, TX 77493-7842
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US83-3890782
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Construction
METAL FRAME
Total area
9,096 SF
Lot
10.77 ac (469,141 SF)
APN
480360000018
UPID
US83-3890782
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
-
Paloma Landscaping Landscaping General Contractor
-
Katy Stone & Gravel Landscaping General Contractor
-
R Espinoza Construction General Contractor
-
Taqueria La Victoria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$650k
Owner & transaction history
Ruben Espinoza · 8 yrs held
Ruben Espinoza
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$975,000
+88.8%
Restaurant
$770,000
+49.6%
Office building
$745,000
+44.9%
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 Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy 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
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
COMMERCIAL (GENERAL)
$975,000
Change: +89% · Conversion: Difficult
RESTAURANT
$770,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$745,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$745,000
Change: +44% · Conversion: Moderate
MEDICAL BUILDING
$675,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$520,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$71 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$42,320
Tax year 2023
Assessed value
$3,407,225
Assessed 2024
Previous assessed
$3,407,225
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,618,826
Assessed improvement
$788,399
Land market value
$2,618,826
Improvement market value
$788,399
Total market value
$3,407,225
Applied tax rate
19.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2015
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Total area
9,096 SF
Lot
10.77 ac (469,141 SF)
APN
480360000018
UPID
US83-3890782
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
WAREHOUSE, STORAGE Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$975,000
RESTAURANT
Est. value
$770,000
OFFICE BUILDING
Est. value
$745,000
RETAIL STORES
Est. value
$745,000
MEDICAL BUILDING
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$520,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2015
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Buildings
2
Lot
10.77 ac
Current owner
From public records · entity-resolved
Ruben Espinoza
Individual
Mailing address
4383 KATY HOCKLEY CUT OFF RD, KATY, TX 77493-7842
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2018
—
Ruben Espinoza
Veronica Escobedo
Venders Lien
$338,000 · Veronica Escobedo
Apr 18, 2018
—
Ruben Espinoza
Escobedo,veronica
Grant Deed
$1,500,000 · Veronica Escobedo
—
—
Ruben Espinoza
—
Deed Of Trust
related
$116,316 · Sterling Bank
—
—
Ruben Espinoza
—
Deed Of Trust
related
$62,000 · Sterling Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4383 Katy Hockley Cut Off Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
