Overview

Asset class Real Estate
Property type Residential
Current value $6,380,000
Acquisition price $5,250,000
Total appreciation $1,130,000
Rental yield 10.2%
Occupancy rate 92.5%
Fund
BXT CRE DOME
Residential property

Performance

+21.5% Total Appreciation
$1,130,000 Appreciation Value
$650,000 Annual Rental Income
10.2% Rental Yield
Property Value Performance
Acquisition: $5,250,000
Current: $6,380,000
Total Appreciation: +21.5%
Holding Period: 51 months

Financial Details

Investment Overview
Acquisition price $5,250,000
Current market value $6,380,000
Total appreciation $1,130,000
Appreciation percentage +21.5%
Cash Flow Analysis
Annual rental income $650,000
Operating expenses $50,000
Net operating income $45,000
Net cash flow $600,000
Rental yield 10.19%
Cap rate 0.7%
Cash-on-cash return 0.86%
Risk Metrics
Debt-to-value ratio 0.0%
Occupancy rate 92.5%
Holding period 51 months
Return Breakdown
Rental income yield 10.2%
Appreciation contribution 21.5%
Cash yield 6.3%
Total return 31.7%

Property Information

Basic Information
Property type Residential
Property class Class B
Location Baytown, TX
Acquisition date Oct 2, 2021
Status Active
Income producing Yes
Physical Characteristics
Total square footage 400,000 sq ft
Rentable square footage 3,200 sq ft
Number of units 120
Number of floors 8
Year built 2020
Year renovated 2024
Price per sq ft $15.95
Investment Strategy
Strategy type Value Add
Projected exit date Jan 2031
Fund ownership 100.0%
Key Metrics
Cap rate 0.7%
Cash flow $600,000
Debt-to-value 0.0%
Units 120
Square footage 400,000 sq ft
Rent per sq ft $203.13/yr
Investment Thesis

This property presents a strong investment opportunity due to its combination of desirable amenities, modern features, and long-term value potential. Its high-quality finishes, energy-efficient design, and well-planned layout enhance tenant appeal and support resilient rental demand. Located in a growing area with improving infrastructure and lifestyle conveniences, the property is positioned to benefit from both steady cash flow and future price appreciation. Its overall characteristics make it a compelling asset for investors seeking stable returns, strong occupancy, and capital growth over time.

Location

7511 Comanche St.

Baytown, TX 77521, US

Full Address

7511 Comanche St.
Baytown, TX 77521

Property Type

Residential - Class B

Year Built

2020 (Renovated 2024)

Property Size

400,000 sq ft

Amenities & Features

Property Amenities

• Swimming pool
• Backup generator
• Walk-in closet
• Smart home security system
• Rooftop lounge

Key Investment Features

Spacious open-plan living area
High ceilings with ample natural light
Energy-efficient windows and appliances
Ensuite master bedroom with private balcony
Modern fully fitted kitchen with island unit

Our strategy

Real Estate Investment Strategy

Build a diversified portfolio of institutional-quality real estate assets that generate stable income and long-term appreciation

  • Expected variability of return: Low to Moderate
  • Timing of expected return: Quarterly distributions from rental income
  • Primary expected source of returns: Rental income and property appreciation
  • Asset focus: Income-generating properties in growing markets
  • Geographic strategy: Diversified across major metropolitan markets
  • Property management: Professional third-party management with institutional oversight
More about our real estate strategy

This section is intended to provide a general overview of the investment strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.

Real estate strategy icon

Fund information

BXT CRE DOME

Open Real Estate Fund

Let’s fuck shit up