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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Garden apartment buildings
5903 Waterwalk Ct Richmond, TX 77469-7361
Individually Owned
9-yr Hold
Property ID
US83-0394107
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1999
Total area
823 SF
Lot
1.2 ac (52,098 SF)
APN
2156-01-009-0390-901
UPID
US83-0394107
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
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
Adrienne C Van Kooperen · 9 yrs held
Adrienne C Van Kooperen
since 2017
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±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
$395 / 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
$7,423
Tax year 2023
Assessed value
$628,510
Assessed 2024
Previous assessed
$571,373
+10.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$365,931
Assessed improvement
$292,419
Land market value
$365,931
Improvement market value
$292,419
Total market value
$658,350
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
1999
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
823 SF
Lot
1.2 ac (52,098 SF)
APN
2156-01-009-0390-901
UPID
US83-0394107
Jurisdiction
FORT BEND
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
1999
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
3
Lot
1.2 ac
Current owner
From public records · entity-resolved
Adrienne C Van Kooperen
Individual
Mailing address
5903 WATERWALK CT, RICHMOND, TX 77469-7361
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Sep 9, 2020
—
Adrienne C Van Koopern
—
Deed
related
$378,000 · Citizens Bank NA
Aug 7, 2017
—
Adrienne C Van Kooperen
Adrienne C Van Kooperen
Intrafamily Transfer
related
$392,000 · Citibank
Sep 1, 2015
—
Adrienne Lukaski
Hung Phan
Venders Lien
$324,000 · Citibank NA
Nov 9, 2007
$203,589
Federal Home Loan Mtg Corp
Daffin,m Samuel
Trustees Deed
related
—
May 24, 2004
—
Ngoc K Ngo
Khuong,paul M & Pauline K
Grant Deed
$220,000 · Mcorp Financial INC
Aug 2, 1999
—
Paul M Khoung
Perry Homes INC
Grant Deed
$200,000 · Mcorp Financial INC
—
—
Adrienne Lukaski
—
Deed Of Trust
related
$72,000 · First Cmnty 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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