Financial
Distress signals
Property profile

7938 Kerr St Houston, TX 77029

FOR SALE
Other apartment buildings
Property ID
US82-2028644
1,975 SF 0.11 ac lot Built 1940
Last sale Jun 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is a six-unit multifamily apartment building comprising four studio units, one one-bedroom unit with one bathroom, and two two-bedroom units with one bathroom each. The property has separate utility metering for electricity and gas, with water, gas, and electricity provided through city services and city garbage collection. The building is located in Houston with access to major transportation routes including I-10 and Loop 610 and is positioned for connectivity to Downtown Houston and the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value$121k
Assessed land$43k
Assessed improvement$79k
Effective rate1.37%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$305k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$17k
NOI · 4.60% cap applied$21k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4.60%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHARRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm9.6
Realty agency9.2
Spa & Massage8.1

Location

7938 Kerr St Houston, TX 77029
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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