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Property profile & analytics
OFF-MARKET
Apartment buildings
518 6th St 4 Humble, TX 77338-3778
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US83-3518513
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1982
Construction
FRAME
Total area
3,905 SF
Lot
0.11 ac (4,735 SF)
APN
502010000014
UPID
US83-3518513
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
Wellington Innovations LLC · 2 yrs held
Wellington Innovations 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 Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble 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
$4,944
Tax year 2022
Assessed value
$561,059
Assessed 2024
Previous assessed
$556,763
+0.8% YoY
Effective rate
0.88%
On assessed value
Assessed land
$26,043
Assessed improvement
$535,016
Land market value
$26,043
Improvement market value
$535,016
Total market value
$561,059
Applied tax rate
18.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Rooms
1
Bathrooms
2
Total area
3,905 SF
Lot
0.11 ac (4,735 SF)
APN
502010000014
UPID
US83-3518513
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
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Wellington Innovations LLC
Entity
Mailing address
518 6TH ST APT B, HUMBLE, TX 77338-3772
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
—
Wellington Innovations LLC
Kingjoe Okoh
Venders Lien
$382,936 · Sente Mortgage INC
Nov 2, 2023
—
Wellington Innovations LLC
—
Deed
related
$40,246 · Department Of Housing & Urban Dev
Nov 17, 2022
—
Wellington Innovations LLC
—
Deed
related
$55,488 · Department Of Housing & Urban Dev
Apr 28, 2021
—
Wellington Innovations LLC
—
Deed
related
$382,936 · Sente Mortgage INC
Feb 6, 2020
—
Kingjoe Okoh
—
Deed
related
$264,000 · University Cu
May 30, 2012
—
Hank Ceballos
Cwp1 LP
Warranty Deed
$198,770 · Bank Of America
Apr 2, 2008
—
Cwp1
Whaley,marcia
Warranty Deed
$168,000 · Capital One
Jul 7, 2006
—
Marcia Whaley
Vb Maintenance Services LLC
Venders Lien
$144,000 · Irwin Mortgage Corp
Sep 14, 1998
—
Gary Becker
Sigethy,otto E
Grant Deed
$160,000 · Sterling Bank
—
—
Kingjoe Okoh
—
Deed Of Trust
related
$264,000 · University Cu
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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