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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Apartment buildings
6811 Del Rio St 14, Houston, TX 77021-2369
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3526116
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1957
Construction
BRICK
Total area
9,800 SF
Lot
0.59 ac (25,748 SF)
APN
332060230003
UPID
US83-3526116
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
$1.17M
Blend (final)
Blend
$1.13M
Owner & transaction history
Habitat At The Medical Center LP · 3 yrs held
Habitat At The Medical Center LP
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+74.3%
Restaurant
$1.3M
+61.4%
Auto repair, garage
$1.3M
+59.7%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$830,000
Current use
COMMERCIAL (GENERAL)
$1,445,000
Change: +74% · Conversion: Moderate
RESTAURANT
$1,340,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,325,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$775,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$720,000
Change: -13% · Conversion: Difficult
OFFICE BUILDING
$680,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$115 / 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
$43,760
Tax year 2022
Assessed value
$2,185,255
Assessed 2024
Previous assessed
$2,171,903
+0.6% YoY
Effective rate
2.00%
On assessed value
Assessed land
$772,500
Assessed improvement
$1,412,755
Land market value
$772,500
Improvement market value
$1,412,755
Total market value
$2,185,255
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1957
Construction
BRICK
Heating
RADIANT
Cooling
NONE
Buildings
2
Stories
2
Rooms
1
Bathrooms
3
Total area
9,800 SF
Lot
0.59 ac (25,748 SF)
APN
332060230003
UPID
US83-3526116
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
$830,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$720,000
OFFICE BUILDING
Est. value
$680,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1957
Construction
BRICK
Heating
RADIANT
Cooling
Yes
Stories
2
Buildings
2
Rooms
1
Bathrooms
3
Lot
0.59 ac
Current owner
From public records · entity-resolved
Habitat At The Medical Center LP
Entity
Mailing address
1201 HAHLO ST, HOUSTON, TX 77020-7339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2023
—
Habitat At The Medical Center LP
2021 1 Realty Holdings I LLC
Venders Lien
$1,652,299 · Lima One Capital LLC
Jan 9, 2023
$2,541,040
2021 1 Realty Holdings I LLC
Texas Snow Storm LLC
Trustees Deed
related
—
Mar 26, 2021
—
Texas Snow Storm LLC
Del Rio Apartments LLC
Correction Deed
related
—
Dec 29, 2016
$633,600
Del Rio Apartments LLC
Strong Dollar Investments LLC
Venders Lien
$833,600 · Allegiance Bank
Aug 31, 2016
—
Strong Dollor Investment LLC
Ana Karla Alcala
Venders Lien
$350,000 · Pinnacle Realty Advisors INC
Dec 18, 2013
—
Ana K Alcala
Abundis,eric
Warranty Deed
$150,000 · Pinnacle Mortgage
Nov 5, 2013
$628,000
Ana K Alcala
Smith James R
Trustees Deed
—
Mar 10, 2009
—
Eric Abundis
Becerra,elizabeth
Quit Claim Deed
related
—
Feb 24, 2009
—
Del Rio Apartments LLC
Pfs Funding Group INC
Warranty Deed
related
—
Jan 13, 2009
—
Pfs Funding Group INC
—
Trustees Deed
related
$635,000 · Dinesh Shukla
Mar 5, 2008
—
Pfs Funding Group INC
Alcala,ana K
Warranty Deed
related
$611,000 · Ana K Alcala
Jan 17, 2006
—
Ana K Alcala
Vs Macklem Properties LLC
Warranty Deed
$75,000 · Vs Macklem Properties LLC
Jan 29, 2003
—
Vs Macklem Properties LLC
Hales,james G
Grant Deed
$270,000 · Central Bank & Trust
—
—
Del Rio Apartments LLC
—
Deed Of Trust
related
$35,366 · Pinnacle Realty Advisors INC
—
—
Pfs Funding Group INC
—
Deed Of Trust
related
$611,000 · Ana K Alcala
—
—
Del Rio Apartments LLC
—
Deed Of Trust
related
$34,184 · Pinnacle Mortgage
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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