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Property profile & analytics
OFF-MARKET
Garden apartment buildings
8801 Glencrest St 322 Houston, TX 77061-3069
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4105643
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1978
Construction
BRICK
Total area
5,320 SF
Lot
9.19 ac (400,373 SF)
APN
1097860000003
UPID
US82-4105643
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
-
H&A Support Services Social Service Agency Charitable Organization
-
8801 Glencrest Apartments Apartment Complex Apartment Building
-
Lopez Welding Co General Contractor
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
Acquisition Broadway Sq LLC · 11 yrs held
Acquisition Broadway Sq LLC
since 2015
3 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
$397,437
Tax year 2022
Assessed value
$13,810,109
Assessed 2024
Previous assessed
$19,725,792
-30.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$2,001,865
Assessed improvement
$11,808,244
Land market value
$2,001,865
Improvement market value
$11,808,244
Total market value
$13,810,109
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
39
Stories
3
Rooms
1
Bathrooms
1
Total area
5,320 SF
Lot
9.19 ac (400,373 SF)
APN
1097860000003
UPID
US82-4105643
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
1978
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
39
Rooms
1
Bathrooms
1
Lot
9.19 ac
Current owner
From public records · entity-resolved
Acquisition Broadway Sq LLC
Entity
Mailing address
440 N WLS ST STE #410, CHICAGO, IL 60654-4975
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2015
—
Acquisition Broadway Sq LLC
Broadway Post Partners LLC
Quit Claim Deed
related
$45,113,847 · Federal Nat'l Mtg Assn (fnma)
Nov 1, 2012
—
Broadway Post Partners LLC
—
Deed Of Trust
related
$46,000,000 · Arbor Commercial Funding LLC
—
—
Broadway Post Partners LLC
—
Deed Of Trust
related
$2,500,000 · Arbor Commercial Funding LLC
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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