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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Garden apartment buildings
5900 Selinsky Rd 191 Houston, TX 77048-1941
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3685239
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1974
Construction
BRICK
Total area
14,480 SF
Lot
12.06 ac (525,338 SF)
APN
450780000085
UPID
US82-3685239
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
-
Crystal Springs Apartments Apartment Complex Apartment Building
-
Houston Commercial Cable Systems Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.50M
Owner & transaction history
Crk Global LLC · 10 yrs held
Crk Global LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+61.7%
Auto repair, garage
$1.4M
+49.3%
Retail stores
$1.1M
+18.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$905,000
Current use
RESTAURANT
$1,465,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,350,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$1,070,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$1,005,000
Change: +11% · Conversion: Moderate
WAREHOUSE, STORAGE
$995,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$925,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±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
$104 / 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
$228,570
Tax year 2022
Assessed value
$7,500,000
Assessed 2024
Previous assessed
$11,344,491
-33.9% YoY
Effective rate
3.05%
On assessed value
Assessed land
$1,576,011
Assessed improvement
$5,923,989
Land market value
$1,576,011
Improvement market value
$5,923,989
Total market value
$7,500,000
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
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
1974
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
24
Stories
2
Rooms
1
Bathrooms
6
Total area
14,480 SF
Lot
12.06 ac (525,338 SF)
APN
450780000085
UPID
US82-3685239
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
$905,000
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$995,000
MEDICAL BUILDING
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1974
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
24
Rooms
1
Bathrooms
6
Lot
12.06 ac
Current owner
From public records · entity-resolved
Crk Global LLC
Entity
Free & Clear · 10 yrs held
Mailing address
41222 LEMAC DR, HOUSTON, TX 77025
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2023
—
Crk Global LLC
—
Deed
related
$1,800,000 · Titus Thayil
Jan 30, 2019
—
Crk Global LLC
—
Deed
related
$1,500,000 · Amvira LLC
Aug 17, 2016
—
Crk Global LLC
—
Deed
related
$2,240,000 · Allegiance Bk
Jun 2, 2016
—
Crk Global LLC
5900 Crystal Springs Apartment
Grant Deed
related
—
Sep 16, 2013
—
5900 Crystal Springs Apartment
Meadow Green Housing Ptrs LP
Grant Deed
related
—
—
—
Crk Global LLC
—
Deed Of Trust
related
$1,500,000 · Amvira LLC
—
—
Crk Global LLC
—
Deed Of Trust
related
$2,240,000 · Allegiance Bk
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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