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Property profile & analytics
FOR SALE
Office buildings
801 Dumont St South Houston, TX 77587
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0161953
For Sale
1 / 63
$510,000
801 Dumont St, South Houston, TX 77587
View Listing →
Property summary
AI-generated overview
This exceptional investment opportunity presents two vacant office buildings ideally situated in South Houston, Texas, at 801 and 805 Dumont Street, zip code 77587, within Harris County. The properties offer a combined total of approximately 13,733 square feet of leasable space, with one building encompassing 8,725 square feet and the other featuring 5,008 square feet. These buildings are classified as Class C and are suitable for various office uses, including traditional, medical, and creative office spaces. The flexible layouts allow for customization to meet diverse tenant needs. Currently vacant, this presents a unique chance to establish a strong tenant base. The buildings are conveniently located near Hobby Airport, offering easy access for commuters and clients. Leasing terms include a one-month security deposit and a $50 credit check. A virtual tour is available for prospective tenants to explore the properties in detail. Ownership details are available upon request. This is an excellent opportunity for investors seeking a flexible and well-located office property in a growing area. The cap rate is currently 0%.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
BRICK
Total area
8,725 SF
Lot
0.49 ac (21,301 SF)
APN
341670310004
UPID
US82-0161953
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
-
Ancella Maid General Contractor
-
The Headquarters Barbersop Barber Shop
-
Expert Refrigerator Repair Home Appliance Store
-
Progresso Learning South Campus High School
-
Capital Resource Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$510k
Owner & transaction history
Skluxe Skyluxe Property INC · 6 yrs held
Skluxe Skyluxe Property INC
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 South Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$58 / 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
$7,459
Tax year 2022
Assessed value
$868,723
Assessed 2024
Previous assessed
$604,473
+43.7% YoY
Effective rate
0.86%
On assessed value
Assessed land
$255,600
Assessed improvement
$613,123
Land market value
$255,600
Improvement market value
$613,123
Total market value
$868,723
Applied tax rate
21.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1960
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,725 SF
Lot
0.49 ac (21,301 SF)
APN
341670310004
UPID
US82-0161953
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
1960
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Skluxe Skyluxe Property INC
Entity
Mailing address
240 WILLOWCREST, ROCKWALL, TX 75032-6021
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
Jun 24, 2020
—
Skluxe Skyluxe Property INC
Dumont Town Center LLC
Warranty Deed
related
—
Aug 28, 2018
—
Dumont Town Center LLC
—
Deed
related
$207,090 · Trustmark Nat'l Bk
Mar 6, 2018
—
Dumont Town Center LLC
—
Deed
related
$227,609 · Trustmark Nat'l Bk
Oct 29, 2007
—
Dumont Town Center LLC
Gilhousen,kenneth V JR
Warranty Deed
$425,000 · Trustmark National Bank
May 2, 2003
—
Kenneth V Gilhousen
Capital Resources Properties
Grant Deed
$480,000 · Central Bank & Trust
Jan 10, 2000
—
Capital Resource Properties
Dumont LLC
Grant Deed
related
$111,200 · First National Bank Bellaire
—
—
Dumont Town Center LLC
—
Loan Modification
related
$455,895 · Trustmark National Bank
—
—
Dumont Town Center LLC
—
Deed Of Trust
related
$501,071 · Trustmark National Bank
—
—
Dumont Town Center LLC
—
Deed Of Trust
related
$453,985 · Trustmark National Bank
—
—
Capital Resources Properties
—
Deed Of Trust
related
$30,000 · Bank Of Texas NA
—
—
Dumont Town Center LLC
—
Loan Modification
related
$227,609 · Trustmark Nat'l Bk
—
—
Dumont Town Center LLC
—
Loan Modification
related
$207,090 · Trustmark Nat'l Bk
—
—
Dumont Town Center LLC
—
Deed Of Trust
related
$453,985 · Trustmark National Bank
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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