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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Investment properties
6544 Westchester Ave Houston, TX 77005-3754
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-2046135
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1992
Construction
BRICK
Total area
4,104 SF
Lot
0.17 ac (7,501 SF)
APN
393240000001
UPID
US82-2046135
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
$835k
Comparable Approach
Comparable
$754k
Blend (final)
Blend
$795k
Owner & transaction history
David Hugh Fraser III · 4 yrs held
David Hugh Fraser III
since 2021
6 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 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%
$905,000
6.5%
$835,000
7%
$775,000
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$194 / 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
Assessed value
$2,052,624
Assessed 2024
Previous assessed
$2,052,624
+0.0% YoY
Assessed land
$1,087,500
Assessed improvement
$965,124
Land market value
$1,087,500
Improvement market value
$965,124
Total market value
$2,052,624
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
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1992
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
2
Rooms
9
Bathrooms
5
Total area
4,104 SF
Lot
0.17 ac (7,501 SF)
APN
393240000001
UPID
US82-2046135
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
1992
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Rooms
9
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
David Hugh Fraser III
Individual
Mailing address
6544 WESTCHESTER AVE, HOUSTON, TX 77005-3754
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2021
—
David Hugh Fraser III
Elaine Taylor Allen
Venders Lien
$1,125,600 · Angel Oak Mortgage Solutions LLC
Dec 9, 2011
—
Allen John B Family Trust
Allen John & Elaine Trust
Quit Claim Deed
related
—
Nov 24, 2009
—
Allen John B & Elaine T Tr
Allen,john B & Elaine T
Quit Claim Deed
related
—
Jul 16, 2002
—
John B Allen
Sterling,david D & Kimberly J
Grant Deed
$275,000 · Elaine Allen & Associates INC
—
—
David D Sterling
—
Deed Of Trust
related
$465,900 · Chase Bank Of Texas
—
—
John B Allen
—
Deed Of Trust
related
$100,000 · Compass Bank
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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