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Property profile & analytics
OFF-MARKET
Garden apartment buildings
7835 Grow Ln 192 Houston, TX 77040-5971
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3020902
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1977
Construction
WOOD FRAME
Total area
11,904 SF
Lot
5.6 ac (243,762 SF)
APN
1061240000001
UPID
US83-3020902
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
-
Prestige Luxury Tours Travel Agency
-
Quail Creek Apartments Apartment Complex Apartment Building
-
Baby daddy Apartment Building
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
Cf 7835 Grow Lane Quail I LLC · 1 yrs held
Cf 7835 Grow Lane Quail I LLC
since 2025
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
$171,081
Tax year 2022
Assessed value
$13,400,000
Assessed 2024
Previous assessed
$14,724,519
-9.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,950,096
Assessed improvement
$11,449,904
Land market value
$1,950,096
Improvement market value
$11,449,904
Total market value
$13,400,000
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
1977
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
13
Stories
2
Rooms
2
Bathrooms
1
Total area
11,904 SF
Lot
5.6 ac (243,762 SF)
APN
1061240000001
UPID
US83-3020902
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
1977
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
13
Rooms
2
Bathrooms
1
Lot
5.6 ac
Current owner
From public records · entity-resolved
Cf 7835 Grow Lane Quail I LLC
Entity
Mailing address
500 N FRANKLIN TPKE STE #326, RAMSEY, NJ 07446-1178
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
$35,400,000
Cf 7835 Grow Lane Quail I LLC
Ot Qc1 LLC
Trust Deed
related
—
Oct 30, 2019
—
Qc Grow Lane LLC
—
Grant Deed
related
$12,000,000 · Morgan Stanley Pvt Bk NA
Jun 4, 2018
—
Dao Hospitality LLC
A-s Nw Crossing Lot 2 Tlc Pr
Grant Deed
related
—
Apr 7, 2017
—
Qc Grow Lane LLC
—
Deed
related
$9,750,000 · Jp Morgan Chase Bk
Oct 29, 2015
—
Qc Grow Lane LLC
Quail Creek Apartments LP
Grant Deed
related
—
Aug 28, 2008
—
Quail Creek Apartments
Snowball West Investments
Warranty Deed
related
—
Jan 31, 2007
—
Chariton Garth Apartments LLC
Pnl Mfr
Grant Deed
related
—
Dec 9, 1996
—
Qlc Investment Corp
Tmc/quail Creek Apartments INC
Grant Deed
related
—
—
—
Quail Creek Apartments LP
—
Deed Of Trust
related
$4,450,000 · Texas Cap Bk
—
—
Qc Grow Lane LLC
—
Deed Of Trust
related
$9,750,000 · Jp Morgan Chase Bk
—
—
Pnl Mfr
—
Deed Of Trust
related
—
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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