Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    811 Houston St San Antonio, TX 78207-3051

    • Office Properties & Spaces
    • 30,788 SF
    • 1.57 lot acres
    OFF-MARKET
    Last Sale
    Sep 27, 2024
    Value Estimations
    $7,235,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2616281
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • University Loft Apartments / Apartment Building
    • Dr. Hendrix M. Ernesto, DDS / Doctor
    • Cattleman Square Lofts / Low Income Housing Program

    Property Details for 811 Houston St

    Year built
    1984
    Lot size
    1.57 lot acres
    Property size
    30,788 SF
    Property type
    Office Properties & Spaces
    APN
    00286-027-0250
    APU
    2860270250

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,580,000
      6.5%
      $6,075,000
      7%
      $5,640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $8,395,000
      Market price range: $2.55M - $8.40M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,850,000
      Current use
      RETAIL STORES
      $5,620,000
      Change: -4% Conversion: Easy
      RESTAURANT
      $5,335,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5029
    Latitude
    29.4271
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $75,501
    $3,809,650
    $2,247,890
    $6,057,540
    -
    $3,809,650
    $2,247,890
    $6,057,540

    Comparable in this City

    • Value Estimation by Request

      409 Pinto St

      OFFICE (GENERAL)
      409 Pinto St, San Antonio, TX 78207
      View Details
    • Value Estimation
      $5,590,000
      25,200 SF

      215 San Saba

      OFFICE (GENERAL) • 25,200 SF
      215 San Saba, San Antonio, TX 78207-3113
      View Details
    • Value Estimation
      $9,815,000
      41,769 SF

      430 Santa Rosa

      OFFICE (GENERAL) • 41,769 SF
      430 Santa Rosa, San Antonio, TX 78207-4551
      View Details
    • Value Estimation
      $10,590,000
      45,072 SF

      600 Leal St

      OFFICE (GENERAL) • 45,072 SF
      600 Leal St, San Antonio, TX 78207
      View Details
    • Value Estimation
      $3,920,000
      21,533 SF

      118 Medina

      OFFICE (GENERAL) • 21,533 SF
      118 Medina, San Antonio, TX 78207-3048
      View Details
    • Value Estimation by Request
      2,200 SF

      1523 Colorado St

      OFFICE (GENERAL) • 2,200 SF
      1523 Colorado St, San Antonio, TX 78207-1807
      View Details

    Similar Nearby for Sale

    • $260,000

      San Antonio Redevelopment Opportunity

      3,064 SF building in San Antonio's Central Business District.
      125 N San Marcos, San Antonio, TX 78207
      View Details
    • Contact for pricing

      Craftsman Office in Historic Westside

      Office space in San Antonio's historic West Side.
      1610 W Commerce St, San Antonio, TX 78207
      View Details
    • Contact for pricing

      Established Clinic Space Available

      Clinic space with waiting room, reception, and exam rooms.
      2614 W Commerce 300, San Antonio, TX 78207
      View Details
    • $179,000

      Versatile Property in Prime Location

      Spacious property with mixed-use zoning near downtown San Antonio.
      519 N San Marcos, San Antonio, TX 78207
      View Details
    • Contact for pricing

      Office Space with Private Offices

      Office space featuring private offices, kitchen, and bathroom.
      1506 W Martin St, San Antonio, TX 78207
      View Details
    • $260,000
      3,317 SF

      Westside Commercial Space For Sale

      3,317 SF commercial space in San Antonio's booming Westside.
      2503 W Martin St, San Antonio, TX 78207
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      11,832 SF

      Downtown San Antonio Flex Space

      Versatile Industrial Space, 11,832 SF
      526 San Fernando St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      45,058 SF

      Office Space Near Downtown

      Office space with private offices, near downtown San Antonio.
      1624 S San Marcos, San Antonio, TX 78207
      View Details
    • Contact for pricing
      2,063 SF

      Medical Office in Downtown San Antonio

      Class A medical office building in the heart of downtown.
      315 N San Saba, San Antonio, TX 78207
      View Details
    • Contact for pricing
      875 SF

      Loft-Style Office with Warehouse Access

      875 SF loft office with warehouse space available for lease.
      514 El Paso St, San Antonio, TX 78207
      View Details
    • Contact for pricing
      6,000 SF

      Office Space in Historic District

      Office space for rent in San Antonio's historic district.
      1138 E Commerce St, San Antonio, TX 78207
      View Details
    • $15 SF/Yr
      1,080 SF

      Freestanding Building on N Zarzamora

      Freestanding office building with high visibility and ample parking.
      1124 N Zarzamora St, San Antonio, TX 78207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    811 Houston St
    San Antonio, TX 78207-3051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.