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Property profile & analytics
OFF-MARKET
Residential income properties
6411 39th St Groves, TX 77619-5235
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4765072
Property summary
AI-generated overview
This 0.63-acre lot, measuring 100 x 280, presents opportunities for residential or commercial development. Located in Groves, TX, the property is suitable for building a home, townhomes, rental units, or a business. The lot offers frontage on 39th St, a well-traveled street, and Hansen St, a quieter street. The lot can be replotted to create two separate properties, offering additional flexibility.
Property profile
Verified
Property type
Residential income properties
Use group
VACANT COMMERCIAL LAND
Year built
1998
Total area
144 SF
Lot
0.64 ac (28,009 SF)
APN
051600-000-066800-00000
UPID
US82-4765072
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
Thanh Phong Nguyen · 3 yrs held
Thanh Phong Nguyen
since 2022
3 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 Groves submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groves 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,710
Tax year 2023
Assessed value
$67,800
Assessed 2023
Previous assessed
$67,800
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$67,800
Land market value
$67,800
Total market value
$67,800
Applied tax rate
111.0000
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
Residential income properties
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
144 SF
Lot
0.64 ac (28,009 SF)
APN
051600-000-066800-00000
UPID
US82-4765072
Jurisdiction
JEFFERSON
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
1998
Heating
NONE
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Thanh Phong Nguyen
Individual
Free & Clear · 3 yrs held
Mailing address
7864 GRN AVE, NEDERLAND, TX 77627-8860
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Thanh Phong Nguyen
Viet Quoc Nguyen
Deed
related
—
Apr 18, 2019
—
Viet Nguyen
Roberto A Ortiz
Venders Lien
$76,000 · First Financial Bank NA
Sep 19, 2016
—
Roberto A Ortiz
Theis,david W & Rita B
Warranty Deed
related
—
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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