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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Garden apartment buildings
4601 Quail Holw Dr 1 Baytown, TX 77521-2052
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-4841005
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1978
Construction
BRICK
Total area
14,208 SF
Lot
14.68 ac (639,461 SF)
APN
451440010008
UPID
US82-4841005
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
-
Sterling Bay Apartments Apartment Building Property Management Company
-
567 EMPIRE INSURANCE AGENCY INC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.04M
Owner & transaction history
Sterling Bay INC
Sterling Bay INC
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.7M
+113.7%
Medical building
$1.4M
+80.8%
Restaurant
$1.1M
+35.5%
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 Baytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baytown 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
$650,000
CAP Approach
CAP Return
Estimation
6%
$1,570,000
6.5%
$1,450,000
7%
$1,345,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$795,000
Current use
INDUSTRIAL (GENERAL)
$1,700,000
Change: +114% · Conversion: Difficult
MEDICAL BUILDING
$1,435,000
Change: +81% · Conversion: Moderate
RESTAURANT
$1,075,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$860,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$805,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$73 / 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
$126,140
Tax year 2022
Assessed value
$19,129,297
Assessed 2024
Previous assessed
$23,573,671
-18.9% YoY
Effective rate
0.66%
On assessed value
Assessed land
$2,557,844
Assessed improvement
$16,571,453
Land market value
$2,557,844
Improvement market value
$16,571,453
Total market value
$19,129,297
Applied tax rate
16.0000
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
1978
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
28
Stories
2
Rooms
2
Bathrooms
3
Total area
14,208 SF
Lot
14.68 ac (639,461 SF)
APN
451440010008
UPID
US82-4841005
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
$795,000
INDUSTRIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$860,000
WAREHOUSE, STORAGE
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$800,000
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1978
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
28
Rooms
2
Bathrooms
3
Lot
14.68 ac
Current owner
From public records · entity-resolved
Sterling Bay INC
Entity
Mailing address
PO BOX 710952, HOUSTON, TX 77271-0952
Ownership since
—
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
—
—
Sterling Bay INC
—
Deed Of Trust
related
$5,450,000 · Berkadia Commercial Mortgage
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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