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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Investment properties
7503 Hereford St Houston, TX 77087-5424
Individually Owned
Property ID
US82-2024332
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Construction
BRICK
Total area
2,644 SF
Lot
0.23 ac (10,062 SF)
APN
700720140030
UPID
US82-2024332
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
$535k
Comparable Approach
Comparable
$551k
Blend (final)
Blend
$545k
Owner & transaction history
Macario Mendiola Fajardo
Macario Mendiola Fajardo
since 2026
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$206 / 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
$63
Tax year 2022
Assessed value
$282,009
Assessed 2024
Previous assessed
$282,009
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$60,410
Assessed improvement
$221,599
Land market value
$60,410
Improvement market value
$221,599
Total market value
$282,009
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
1950
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
1
Stories
1
Rooms
7
Bathrooms
2
Total area
2,644 SF
Lot
0.23 ac (10,062 SF)
APN
700720140030
UPID
US82-2024332
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
1950
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Rooms
7
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Macario Mendiola Fajardo
Individual
Mailing address
5859 TELEPHONE RD, HOUSTON, TX 77087-5435
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2026
—
Macario Mendiola Fajardo
Dustin Jerry Evans
Quitclaim Deed
related
—
Mar 6, 2026
—
Macario Mendiola Fajardo
Jerry Thomas Evans
Quitclaim Deed
related
—
Mar 4, 2026
—
Dustin Jerry Evans
Jerry Thomas Evans
Deed
related
—
Jun 25, 2025
—
Macario Mendiola Fajardo
Jerry Thomas Evans
Deed
—
May 12, 2022
$90,000
Macario M Fajardo
Jerry Thomas Evans
Land Contract
—
May 9, 2022
—
Jerry Thomas Evans
Walter Evans
Transfer On Death Deed
related
—
—
—
Walter Evans
—
Deed Of Trust
related
$140,300 · Cit Group Consumer Finance INC
—
—
Walter Evans
—
Deed Of Trust
related
$72,500 · New Century 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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