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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Garden apartment buildings
6565 Hollister St 260 Houston, TX 77040-6831
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-2741492
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1997
Construction
FRAME
Total area
26,548 SF
Lot
14 ac (609,971 SF)
APN
1189170000001
UPID
US82-2741492
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
-
Hollister Place Apartments Apartment Building Apartment Complex
-
Wilshire Place Heliport Heliport
-
JOSE SEGOVIA PHOTOGRAPHER Photography Service (Bike/Boat/Book/etc) Store
-
Lennex Construction Construction Company
-
Joel Remodeling Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$896k
Blend (final)
Blend
$785k
Owner & transaction history
Nxrtbh Hollister LLC · 9 yrs held
Nxrtbh Hollister LLC
since 2017
5 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$935,000
Current use
WAREHOUSE, STORAGE
$905,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$30 / 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
$427,572
Tax year 2022
Assessed value
$31,854,981
Assessed 2024
Previous assessed
$36,800,000
-13.4% YoY
Effective rate
1.34%
On assessed value
Assessed land
$4,879,768
Assessed improvement
$26,975,213
Land market value
$4,879,768
Improvement market value
$26,975,213
Total market value
$31,854,981
Applied tax rate
4.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
17
Stories
3
Rooms
4
Bathrooms
1
Total area
26,548 SF
Lot
14 ac (609,971 SF)
APN
1189170000001
UPID
US82-2741492
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
$935,000
WAREHOUSE, STORAGE
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
17
Rooms
4
Bathrooms
1
Lot
14 ac
Current owner
From public records · entity-resolved
Nxrtbh Hollister LLC
Entity
Mailing address
6565 S HOLLISTER ST STE #350, HOUSTON, TX 77040-6831
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
—
Hollister Place Holdings LLC
—
Deed
related
$21,300,000 · Argentic Real Estate Finance 2 LLC
Apr 14, 2025
—
Hollister Place Holdings LLC
—
Deed
related
$21,300,000 · Argentic Real Estate Finance 2 LLC
Feb 2, 2017
—
Nxrtbh Hollister LLC
USA Hollister Place Ltd
Grant Deed
$13,475,000 · Berkeley Point Cap
—
—
USA Hollister Place Ltd
—
Deed Of Trust
related
$13,000,000 · Pnc Bank
—
—
Nxrtbh Hollister Tenant LLC
—
Deed Of Trust
related
$13,475,000 · Private Individual
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.
Try Rey
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