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Property profile & analytics
OFF-MARKET
Gas stations
875 Mason Rd 1 Katy, TX 77450-3836
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US83-4196532
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2007
Construction
STEEL FRAME
Total area
5,000 SF
Lot
0.54 ac (23,566 SF)
APN
431350000009
UPID
US83-4196532
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
-
Chevron Grocery & Convenience Store
-
Amazon Hub Locker - Hobby Postal Service Courier Service
-
Food Mart Discount Store Grocery & Convenience Store
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
Royal Petroleum Of Texas LLC · 21 yrs held
Royal Petroleum Of Texas LLC
since 2004
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 Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy 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
$17,785
Tax year 2022
Assessed value
$992,192
Assessed 2024
Previous assessed
$1,013,694
-2.1% YoY
Effective rate
1.79%
On assessed value
Assessed land
$471,300
Assessed improvement
$520,892
Land market value
$471,300
Improvement market value
$520,892
Total market value
$992,192
Applied tax rate
19.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
5,000 SF
Lot
0.54 ac (23,566 SF)
APN
431350000009
UPID
US83-4196532
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Royal Petroleum Of Texas LLC
Entity
Mailing address
875 S MASON RD, KATY, TX 77450-3836
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2020
—
Royal Petroleum Texas LLC
—
Deed
related
$1,134,000 · Allegiance Bk
Feb 12, 2018
—
Royal Petroleum Texas LLC
—
Deed
related
$646,535 · Wallis St Bk
Feb 13, 2017
—
Royal Petroleum Texas LLC
—
Deed
related
$400,000 · Wallis St Bk
May 21, 2013
—
Royal Petroleum Texas LLC
—
Grant Deed
related
$1,487,890 · Wallis State Bank
Oct 29, 2004
—
Royal Petroleum Of Texas LLC
Chevron USA INC
Grant Deed
$620,500 · Wallis State Bank
—
—
Royal Petroleum Texas LLC
—
Deed Of Trust
related
$966,299 · Wallis State Bank
—
—
Royal Petroleum Texas LLC
—
Deed Of Trust
related
$1,134,000 · Allegiance Bk
—
—
Royal Petroleum Texas LLC
—
Deed Of Trust
related
$1,487,890 · Wallis State Bank
—
—
Royal Petroleum Texas LLC
—
Deed Of Trust
related
$400,000 · Wallis St Bk
—
—
Royal Petroleum Texas LLC
—
Loan Modification
related
$646,535 · Wallis St Bk
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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