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Property profile & analytics
OFF-MARKET
Apartment buildings
738 Memorial Mews St 4 Houston, TX 77079-8420
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4065917
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Construction
BRICK
Total area
3,988 SF
Lot
0.15 ac (6,582 SF)
APN
1147280020014
UPID
US83-4065917
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
Sherry D Fenk · 5 yrs held
Sherry D Fenk
since 2020
7 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
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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,200
Tax year 2022
Assessed value
$490,983
Assessed 2024
Previous assessed
$469,246
+4.6% YoY
Effective rate
2.08%
On assessed value
Assessed land
$164,500
Assessed improvement
$326,483
Land market value
$164,500
Improvement market value
$326,483
Total market value
$490,983
Applied tax rate
19.0000
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
1980
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Rooms
1
Bathrooms
1
Total area
3,988 SF
Lot
0.15 ac (6,582 SF)
APN
1147280020014
UPID
US83-4065917
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
1980
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Sherry D Fenk
Individual
Free & Clear · 5 yrs held
Mailing address
16330 COCHET SPG DR, SPRING, TX 77379-2997
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2020
—
Sherry D Fenk
Edward M Fenk
Quit Claim Deed
related
—
Jul 2, 2019
—
Edward M Fenk
—
Deed
related
$276,592 · Freedom Mtg
Oct 25, 2017
—
Edward Fenk
—
Deed
related
$563,700 · Us Small Busn Admn
Sep 25, 2015
—
Edward M Fenk
Memorial Mews Properties LLC
Quit Claim Deed
related
—
Apr 11, 2014
—
Memorial Mews Properties LLC
Fenk,edward M & Sherry
Quit Claim Deed
related
—
Nov 25, 2013
—
Edward M Fenk
736 Memorial Mews LLC
Quit Claim Deed
related
$253,000 · Texas Loan Star INC
Jan 6, 2010
—
736 Memorial Mews LLC
Fenk,edward M & Sherry
Quit Claim Deed
related
—
Aug 17, 2007
—
Edward Fenk
Maria Cinquemani
Venders Lien
$215,250 · Cornerstone Mortgage Co
May 8, 2006
—
Maria Cinquemani
Meadows Partners LLP
Warranty Deed
$200,000 · Greenpoint Mortgage Funding
Dec 14, 2005
—
Meadows Partners LLP
Harris,elliot A
Trustees Deed
$3,280,000 · Bank Of Texas NA
—
—
Edward M Fenk
—
Loan Modification
related
$276,592 · Freedom Mtg
—
—
Edward M Fenk
—
Deed Of Trust
related
$259,000 · Texas Ln Star
—
—
Edward Fenk
—
Deed Of Trust
related
$563,700 · Us Small Busn Admn
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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