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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Hotels
600 Texas Ave 91 Webster, TX 77598
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9427121
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
WOOD FRAME
Total area
55,300 SF
Lot
2.51 ac (109,514 SF)
APN
1201040020002
UPID
US82-9427121
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
$1.94M
Blend (final)
Blend
$2.28M
Owner & transaction history
Lh Webster LLC · 10 yrs held
Lh Webster LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.8M
+209.3%
Auto repair, garage
$3.4M
+179.9%
Medical building
$3.3M
+170.0%
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 Webster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Webster 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
OFFICE BUILDING
$3,785,000
Change: +209% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,425,000
Change: +180% · Conversion: Difficult
MEDICAL BUILDING
$3,305,000
Change: +170% · Conversion: Difficult
RESTAURANT
$3,265,000
Change: +167% · Conversion: Difficult
RETAIL STORES
$2,300,000
Change: +88% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±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
$41 / 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
$60,852
Tax year 2022
Assessed value
$8,083,570
Assessed 2024
Previous assessed
$7,002,332
+15.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$776,112
Assessed improvement
$7,307,458
Land market value
$776,112
Improvement market value
$7,307,458
Total market value
$8,083,570
Applied tax rate
27.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
4
Total area
55,300 SF
Lot
2.51 ac (109,514 SF)
APN
1201040020002
UPID
US82-9427121
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
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.3M
RESTAURANT
Est. value
$3.3M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
2016
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Lot
2.51 ac
Current owner
From public records · entity-resolved
Lh Webster LLC
Entity
Free & Clear · 10 yrs held
Mailing address
601 W TEXAS AVE STE #100, WEBSTER, TX 77598-3321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2018
—
Lh Webster LLC
—
Deed
related
$8,000,000 · Citizens Nat'l Bk
Jun 19, 2017
—
Lh Webster LLC
—
Deed
related
$8,000,000 · Citizens Nat'l Bk
Nov 6, 2015
—
Lh Webster LLC
Webster Hfh Ltd
Quit Claim Deed
related
—
—
—
Lh Webster LLC
—
Loan Modification
related
$8,000,000 · Citizens Nat'l Bk
—
—
Lh Webster LLC
—
Loan Modification
related
$8,000,000 · Citizens Nat'l 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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