717 Texas St, Houston, TX 77002 – Office Building High Rise 5+ stories

OfficeYear Built 2002Total Assessed Value $164,720,274County Harris

Property Details

The Office property 717 Texas St, Houston, TX 77002 is located in Harris County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $164,720,274.

The gross building area is 1,182,525 square feet and the land area is 48,251 square feet for this Office Building High Rise 5+ stories built in 2002.

Legal description: Lts 1 Thru 12 Blk 59 Ssbb

$164,720,274

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 717 Texas St, Houston, TX 77002, Office

1 / 3

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area1,182,525

Land Size48,251

Land Value$18,094,125

Improved Value$146,626,149

Total Assessed Value$164,720,274

Year Built2002

County NameHarris

Account Number0010590000001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space1195

HeatingForced air unit

Type ConstructionMasonry

No of Stories1

Garage TypeNone 382087

Elevator

Exterior WallsGlass

Sales History

3/4/2025

Foreclosure$100,000,000

Buyer

Mssdf717 Texas Avenue Tx Owner Llc

Seller

Fargo Jennifer Taylor

Book Number

2025.77267

Recording Date

3/4/2025

Transaction Details

Mssdf717 Texas Avenue Tx Owner Llc acquired the property from Fargo Jennifer Taylor through a Foreclosure transaction on 3/4/2025 for $100,000,000.

8/6/2014

Arms-lengthNot Disclosed

Buyer

Carrier Mary H

Seller

Norman E Sallie M

Book Number

2014.349928

Recording Date

8/6/2014

Transaction Details

Carrier Mary H acquired the property from Norman E Sallie M through a Arms-length transaction on 8/6/2014 for .

8/6/2014

Arms-lengthNot Disclosed

Buyer

Available Name Not

Seller

Brown E Ruth L

Book Number

2014.349927

Recording Date

8/6/2014

Transaction Details

Available Name Not acquired the property from Brown E Ruth L through a Arms-length transaction on 8/6/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Recored Owner

Seller

Mccullough James

Book Number

2014.349219

Recording Date

8/5/2014

Transaction Details

Recored Owner acquired the property from Mccullough James through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Mccullough Edward W

Seller

Mccullough Helen M

Book Number

2014.349225

Recording Date

8/5/2014

Transaction Details

Mccullough Edward W acquired the property from Mccullough Helen M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Recored Owner

Seller

Ben James

Book Number

2014.349224

Recording Date

8/5/2014

Transaction Details

Recored Owner acquired the property from Ben James through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Recored Owner

Seller

Holbrooks Ella M

Book Number

2014.349220

Recording Date

8/5/2014

Transaction Details

Recored Owner acquired the property from Holbrooks Ella M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Semedo Jhon

Seller

Semedo E Hazel M

Book Number

2014.349231

Recording Date

8/5/2014

Transaction Details

Semedo Jhon acquired the property from Semedo E Hazel M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Mccullough Morris B

Seller

Taylor Roy

Book Number

2014.349082

Recording Date

8/5/2014

Transaction Details

Mccullough Morris B acquired the property from Taylor Roy through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Recored Owner

Seller

Brown E Ruth J

Book Number

2014.349218

Recording Date

8/5/2014

Transaction Details

Recored Owner acquired the property from Brown E Ruth J through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Norman Jhon

Seller

Norman J Jhon

Book Number

2014.349226

Recording Date

8/5/2014

Transaction Details

Norman Jhon acquired the property from Norman J Jhon through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Semedo Philip L

Seller

Semedo E Hazel M

Book Number

2014.349232

Recording Date

8/5/2014

Transaction Details

Semedo Philip L acquired the property from Semedo E Hazel M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Mccullough Sallie G

Seller

Mccullough James

Book Number

2014.349223

Recording Date

8/5/2014

Transaction Details

Mccullough Sallie G acquired the property from Mccullough James through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Roecord Owner

Seller

Brown Ruth J

Book Number

2014.349217

Recording Date

8/5/2014

Transaction Details

Roecord Owner acquired the property from Brown Ruth J through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Recored Owner

Seller

Holbrooks Ella M

Book Number

2014.349221

Recording Date

8/5/2014

Transaction Details

Recored Owner acquired the property from Holbrooks Ella M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Recored Owner

Seller

James Medie M

Book Number

2014.349222

Recording Date

8/5/2014

Transaction Details

Recored Owner acquired the property from James Medie M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Norman Jhon

Seller

Jhon Norman E

Book Number

2014.349227

Recording Date

8/5/2014

Transaction Details

Norman Jhon acquired the property from Jhon Norman E through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Norman Jhon

Seller

Norman E Sallie M

Book Number

2014.349229

Recording Date

8/5/2014

Transaction Details

Norman Jhon acquired the property from Norman E Sallie M through a Arms-length transaction on 8/5/2014 for .

8/5/2014

Arms-lengthNot Disclosed

Buyer

Mayfield Joyce

Seller

Mccullough E James

Book Number

2014.349230

Recording Date

8/5/2014

Transaction Details

Mayfield Joyce acquired the property from Mccullough E James through a Arms-length transaction on 8/5/2014 for .

7/30/2014

Arms-lengthNot Disclosed

Buyer

Mccullough Morris B

Seller

Williams Ramona L

Book Number

2014.335748

Recording Date

7/30/2014

Transaction Details

Mccullough Morris B acquired the property from Williams Ramona L through a Arms-length transaction on 7/30/2014 for .

8/21/2007

Arms-lengthNot Disclosed

Buyer

Hcg Block 93 Llc

Seller

David Bros Llc

Book Number

20070530953

Recording Date

8/21/2007

Transaction Details

Hcg Block 93 Llc acquired the property from David Bros Llc through a Arms-length transaction on 8/21/2007 for .

4/7/2004

Arms-lengthNot Disclosed

Buyer

Block 59 Gp Llc

Seller

Chapton Partners Lp

Book Number

Recording Date

4/7/2004

Transaction Details

Block 59 Gp Llc acquired the property from Chapton Partners Lp through a Arms-length transaction on 4/7/2004 for .

7/10/2001

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

7/10/2001

Transaction Details

acquired the property from through a Other transaction on 7/10/2001 for .

Property constructed in 2002

YSale Price (USD) byXSales Year

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Mortgage History

6/7/2019

Arms length residential transactions purchase or resales$208,000,000

Borrower

Block 59 Lp

Lender

New York Life Insurance Company

Book Number

2019.241524

Recording Date

6/7/2019

Transaction Details

Block 59 Lp borrowed the property from New York Life Insurance Company through a Arms length residential transactions purchase or resales transaction on 6/7/2019 for $208,000,000.

6/5/2017

Arms length residential transactions purchase or resales$193,500,000

Borrower

Block 59 Limited Partnership

Lender

Bsrecp Ii Joint Us Origination Llc

Book Number

2017.249598

Recording Date

6/5/2017

Transaction Details

Block 59 Limited Partnership borrowed the property from Bsrecp Ii Joint Us Origination Llc through a Arms length residential transactions purchase or resales transaction on 6/5/2017 for $193,500,000.

6/28/2007

Arms length residential transactions purchase or resales$160,000,000

Borrower

Block 59 Lp

Lender

Principal Commercial Funding Llc

Book Number

2007.396602

Recording Date

6/28/2007

Transaction Details

Block 59 Lp borrowed the property from Principal Commercial Funding Llc through a Arms length residential transactions purchase or resales transaction on 6/28/2007 for $160,000,000.

Property constructed in 2002

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$18,094,125	$157,170,948	$175,265,073	$175,265,073	717 Texas Lp Hines ...	845 Texas St Ste 330...	Lts 1 Thru 5 9 10 11...	5900.00	-	48,251	1,182,525
2025	$18,094,125	$146,626,149	$164,720,274	$164,720,274	717 Texas Lp Hines ...	845 Texas St Ste 330...	Lts 1 Thru 5 9 10 11...	5900.00	-	48,251	1,182,525
2024	$24,125,500	$162,053,690	$186,179,190	$186,179,190	717 Texas Lp Hines I...	845 Texas St Ste 330...	Lts 1 Thru 12 Blk 59...	5900.00	-	48,251	1,182,525
2023	$24,125,500	$176,003,981	$200,129,481	$200,129,481	717 Texas Lp % Hines...	845 Texas St Ste 330...	Lts 1 Thru 12 Blk 59...	5900.00	SOUTH SIDE OF BUFFAL...	48,251	1,182,525
2022	$24,125,500	$158,374,500	$182,500,000	$182,500,000	717 Texas Lp % Hines...	845 Texas St Ste 330...	Lts 1 Thru 12 Blk 59...	5900.00	SOUTH SIDE OF BUFFAL...	48,251	1,182,525
2021	$24,125,500	$165,874,500	$190,000,000	$190,000,000	717 Texas Lp Hines I...	2800 Post Oak Blvd F...	Lts 1 Thru 12 Blk 59...	5900.00	SOUTH SIDE OF BUFFAL...	48,251	1,182,525
2020	$24,125,500	$172,874,500	$197,000,000	$197,000,000	717 Texas Lp % Hines...	2800 Post Oak Blvd F...	Lts 1 Thru 12 Blk 59...	5900.00	-	48,251	1,182,525
2019	$24,125,500	$172,874,500	$197,000,000	$197,000,000	717 Texas Lp % Hines...	2800 Post Oak Blvd F...	Lts 1 Thru 12 Blk 59...	5900.00	SOUTH SIDE OF BUFFAL...	48,251	1,182,525
2018	$24,125,500	$173,874,500	$198,000,000	$198,000,000	717 Texas Lp % Hines...	2800 Post Oak Blvd F...	Lts 1 Thru 12 Blk 59...	5900.00	SOUTH SIDE OF BUFFAL...	48,251	1,182,525
2017	$24,125,500	$197,874,500	$222,000,000	$222,000,000	717 Texas Lp % Hines...	2800 Post Oak Blvd F...	Lts 1 Thru 12 Blk 59...	5900.00	SOUTH SIDE OF BUFFAL...	48,251	705,885

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
717 Texas St, Houston, TX 77002	0010590000001	Office	Office Building High Rise 5+ stories	717 Texas Lp Hines Interests Lp	Harris	-	$ 100,000,000	2025-03-04	$ 84.56	2002	1,182,525	-
1401 Mckinney St, Houston, TX 77010	0011290000001	Office	Office Building High Rise 5+ stories	5 Houston Center Owner Lp	Harris	0.5	$ 192,185,000	2025-11-14	$ 316.38	2001	607,449	-
3 Riverway, Houston, TX 77056	0451400050509	Office	Office Building High Rise 5+ stories	Rivercan Lp,dar 3 Riverwaylp	Harris	5.9	$ 5,400,000	2025-02-04	$ 12.91	1980	418,394	-
3200 Sw Fwy, Houston, TX 77027	1403900010001	Office	Office Building High Rise 5+ stories	Phoenix Tower Houston Realty Lp	Harris	4.5	$ 57,420,090	2023-06-23	$ 64.80	1984	886,096	-
13785 Research Blvd, Austin, TX 78750	R496857	Office	Office Building High Rise 5+ stories	Fpg Aspen Lake Owner Lp	Williamson	153.9	$ 44,791,645	2025-08-06	$ 94.40	2007	474,472	-
5847 San Felipe St, Houston, TX 77057	0690910000021	Office	Office Building High Rise 5+ stories	Sf Plaza Llc Co Sovereign Partners Acquisitions Llc	Harris	7.2	$ 82,792,500	2023-02-22	$ 80.54	1984	1,027,963	-
6500 W Fwy, Fort Worth, TX 76116	05766680	Office	Office Building High Rise 5+ stories	6500 West Freeway Llc	Tarrant	240.3	$ 21,280,000	2024-11-21	$ 53.45	1986	398,112	1
8750 N Central Expy, Dallas, TX 75231	00000404860000000	Office	Office Building High Rise 5+ stories	Rcs Park Lane Llc	Dallas	231.3	$ 69,678,700	2024-12-27	$ 135.93	1981	512,620	-
14221 Dallas Pkwy, Farmers Branch, TX 75254	240655200B0010000	Office	Office Building High Rise 5+ stories	Ip2 Owner Lp	Dallas	237.4	$ 104,172,250	2024-09-03	$ 256.58	2000	406,000	-
800 Cherry St, Fort Worth, TX 76102	05227062	Office	Office Building High Rise 5+ stories	Burnett Plaza Holdings Llc	Tarrant	238.4	$ 12,348,312	2024-05-07	$ 25.10	1984	491,900	1
16000 Dallas Pkwy, Dallas, TX 75248	008707000B03A0000	Office	Office Building High Rise 5+ stories	Bsp Tollway Propco Llc	Dallas	238.9	$ 55,195,000	2024-01-24	$ 143.33	1997	385,078	-

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	717 Texas St, Houston, TX 77002	—	-	48,251	2002	1,182,525	$ 164,720,274	$ 18,094,125	-
Truist Bank	1919 Decatur St, Houston, TX 77007	04/30/2025	$ 1,500,000	5,000	1960	9,212	$ 1,374,388	$ 275,000	Rohou Holdings Llc
Zions Bancorporation Na	1717 W Loop S, Houston, TX 77027	03/31/2025	$ 699,750	179,735	2014	484,899	$ 156,800,000	$ 26,960,250	Trinity Estate Homes Ltd
Zions Bancorporation Na	3000 Richmond Ave, Houston, TX 77098	02/24/2025	$ 4,500,000	130,231	1963	98,550	$ 13,946,127	$ 13,023,100	Kirby Ice House Holdings Llc
Weekley Homes Llc	3773 Richmond Ave, Houston, TX 77046	02/24/2025	$ 540,840	65,776	2015	234,414	$ 69,450,921	$ 4,933,200
Partners In Building Lp	3773 Richmond Ave, Houston, TX 77046	02/13/2025	$ 1,030,041	65,776	2015	234,414	$ 69,450,921	$ 4,933,200
Cadence Bank	1333 W Loop S, Houston, TX 77027	01/29/2025	$ 5,000,000	102,647	1971	298,100	$ 42,988,171	$ 9,623,156	Catalyst Funding Llc
Bas Concepts Llc	3773 Richmond Ave, Houston, TX 77046	12/05/2024	$ 1,786,000	65,776	2015	234,414	$ 69,450,921	$ 4,933,200
Jpmorgan Chase Bank Na	601 Jefferson St, Houston, TX 77002	12/02/2024	$ 335,000,000	51,532	1975	1,087,974	$ 120,365,639	$ 19,324,500	601 Jefferson Tower Tx Llc
03 Llc	3773 Richmond Ave, Houston, TX 77046	11/22/2024	$ 425,272	65,776	2015	234,414	$ 69,450,921	$ 4,933,200
Tnam Us Seller Ii Lp	1020 Holcombe Blvd, Houston, TX 77030	11/15/2024	$ 107,200,000	116,044	1962	682,502	-	-	Life Tower Owner Llc

Mean$ 29,064,692

Median$ 1,898,881.0

Loan Amount Range$ 145,000 - $ 335,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
717 TEXAS ST # 100, HOUSTON, TX 77002-2761	COMMERCE BANK NA	7132268883	BANKS
717 TEXAS ST STE 3125, HOUSTON, TX 77002-2874	BLOCK 59 LP	7132375750	REAL ESTATE MANAGEMENT
717 TEXAS ST STE 1550, HOUSTON, TX 77002-2759	BLOCK 59 LP	7132375750	ALL OTHER SUPPORT SERVICES
717 TEXAS ST STE 3050, HOUSTON, TX 77002-2760	MORGAN STANLEY WEALTH MGMT	7136582720	FINANCIAL ADVISORY SERVICES
717 TEXAS ST STE 1700, HOUSTON, TX 77002-2743	JACKSON LEWIS	7136500404	ATTORNEYS
717 TEXAS ST STE 3050, HOUSTON, TX 77002-2760	MORGAN STANLEY WEALTH MGMT	7136582700	FINANCIAL ADVISORY SERVICES
717 TEXAS ST STE 1700, HOUSTON, TX 77002-2743	JACKSON LEWIS LLP	7137511938	ATTORNEYS
717 TEXAS ST STE 2900, HOUSTON, TX 77002-2836	CONTANGO OPERATORS INC	7132367400	OIL OPERATORS
717 TEXAS ST STE 2100, HOUSTON, TX 77002-2753	LEVEL 3 COMMUNICATIONS	7136249500	TELECOMMUNICATIONS SERVICES
717 TEXAS ST STE 2400, HOUSTON, TX 77002-2834	GAS TRANSMISSION NORTHWEST LLC	5038334300	TRANSMISSIONS-AUTOMOBILE

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Tenant Industry Distribution

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License Details

License Number

32056000493

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

12/30/2014

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	GUADALUPE PEAKING ENERGY CENTE
	Address Line	717 texas st ste 1000 c/o calp
	City / State / Zip	houston TX 77002
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77002
Registration Details	SOS Code	A

License Timeline

License Issued

12/30/2014

Currently Active

Status: -

Renewal Required

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