1221 Mckinney St, Houston, TX 77010 – Office Building High Rise 5+ stories

OfficeYear Built 1977Total Assessed Value $187,557,977County Harris

Property Details

The Office property 1221 Mckinney St, Houston, TX 77010 is located in Harris County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $187,557,977.

The gross building area is 1,103,424 square feet and the land area is 62,500 square feet for this Office Building High Rise 5+ stories built in 1977.

Legal description: Lts 1 Thru 12 & Tr 13 Blk 133 Ssbb

$187,557,977

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 1221 Mckinney St, Houston, TX 77010, Office

1 / 3

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area1,103,424

Land Size62,500

Land Value$23,437,500

Improved Value$164,120,477

Total Assessed Value$187,557,977

Year Built1977

County NameHarris

Account Number0011330000001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningA/C Access

HeatingForced air unit

Type ConstructionConcrete block

No of Stories2

Elevator

Food & BeveragesSundry Shop,Restaurant

InternetComputer Facility

Safety & SecurityCardkey Access,Secretary Service,Security

ServicesFood Service,Postal Service,Property Manager on Site

TransportationTravel Agency,Tunnel Access

UtilitiesConferencing Facility

ClubHealth Club

Office Supply1

Print Shop1

Exterior WallsGlass

Sales History

11/27/2017

Arms-lengthNot Disclosed

Buyer

Bsrep Houston

Seller

Crescent

Book Number

20170531108

Recording Date

11/27/2017

Transaction Details

Bsrep Houston acquired the property from Crescent through a Arms-length transaction on 11/27/2017 for .

4/27/2009

OtherNot Disclosed

Buyer

Wilson James

Seller

Book Number

Recording Date

4/27/2009

Transaction Details

Wilson James acquired the property from through a Other transaction on 4/27/2009 for .

9/22/1997

OtherNot Disclosed

Buyer

Crescent Real Estate Equities Llc

Seller

Jmb Houston Ctr Partners Lp

Book Number

Recording Date

9/22/1997

Transaction Details

Crescent Real Estate Equities Llc acquired the property from Jmb Houston Ctr Partners Lp through a Other transaction on 9/22/1997 for .

Property constructed in 1977

YSale Price (USD) byXSales Year

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Mortgage History

9/7/2011

Sale$175,000,000

Borrower

Crescent Real Estate Equities Llc

Lender

Book Number

Recording Date

9/7/2011

Transaction Details

Crescent Real Estate Equities Llc borrowed the property from through a transaction on 9/7/2011 for $175,000,000.

Property constructed in 1977

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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	$23,437,500	$155,183,532	$178,621,032	$178,621,032	Bsrep Ii Houston Off...	127 Public Square St...	Lts 1 Thru 12 & Tr 1...	5900.03	-	62,500	1,103,424
2025	$23,437,500	$164,120,477	$187,557,977	$187,557,977	Bsrep Ii Houston Off...	127 Public Square St...	Lts 1 Thru 12 & Tr 1...	5900.03	-	62,500	1,103,424
2024	$31,250,000	$163,332,334	$194,582,334	$194,582,334	Bsrep Ii Houston Off...	127 Public Square St...	Lts 1 Thru 12 & Tr 1...	5900.03	-	62,500	1,103,424
2023	$31,250,000	$169,407,290	$200,657,290	$200,657,290	Bsrep Ii Houston Off...	1200 Smith St Ste 12...	Lts 1 Thru 12 & Tr 1...	5900.03	SOUTH SIDE OF BUFFAL...	62,500	1,103,424
2022	$31,250,000	$174,750,000	$206,000,000	$206,000,000	Bsrep Ii Houston Off...	1200 Smith St Ste 12...	Lts 1 Thru 12 & Tr 1...	5900.03	SOUTH SIDE OF BUFFAL...	62,500	1,103,424
2021	$31,250,000	$175,250,000	$206,500,000	$206,500,000	Bsrep Ii Houston Off...	1200 Smith St Ste 12...	Lts 1 Thru 12 & Tr 1...	5900.03	SOUTH SIDE OF BUFFAL...	62,500	1,103,424
2020	$31,250,000	$173,953,950	$205,203,950	$205,203,950	Bsrep Ii Houston Off...	1200 Smith St Ste 12...	Lts 1 Thru 12 & Tr 1...	5900.03	-	62,500	1,103,424
2019	$31,250,000	$195,080,955	$226,330,955	$226,330,955	Bsrep Ii Houston Off...	1200 Smith St Ste 12...	Lts 1 Thru 12 & Tr 1...	5900.03	SOUTH SIDE OF BUFFAL...	62,500	1,103,424
2018	$31,250,000	$195,614,218	$226,864,218	$226,864,218	Bsrep Ii Houston Off...	1200 Smith St Ste 12...	Lts 1 Thru 12 & Tr 1...	5900.03	SOUTH SIDE OF BUFFAL...	62,500	1,103,424
2017	$31,250,000	$197,864,336	$229,114,336	$229,114,336	Crescent Hc Investor...	909 Fannin St Ste 10...	Lts 1 Thru 12 & Tr 1...	5900.03	SOUTH SIDE OF BUFFAL...	62,500	1,103,424

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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 ↕
1221 Mckinney St, Houston, TX 77010	0011330000001	Office	Office Building High Rise 5+ stories	Bsrep Ii Houston Office 1hc Owner Llc Brookfield Properties, Prop Tax Dept	Harris	-	-	-	-	1977	1,103,424	-
717 Texas St, Houston, TX 77002	0010590000001	Office	Office Building High Rise 5+ stories	717 Texas Lp Hines Interests Lp	Harris	0.4	$ 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	0.1	$ 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	6.0	$ 5,400,000	2025-02-04	$ 12.91	1980	418,394	-
840 Gessner Rd 937, Houston, TX 77024	1193790010001	Office	Office Building High Rise 5+ stories	Memorial City 840 Llc	Harris	11.0	$ 59,850,000	2024-09-24	$ 174.53	1998	342,920	937
3200 Sw Fwy, Houston, TX 77027	1403900010001	Office	Office Building High Rise 5+ stories	Phoenix Tower Houston Realty Lp	Harris	4.4	$ 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	154.1	$ 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	240.7	$ 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	231.7	$ 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	237.8	$ 104,172,250	2024-09-03	$ 256.58	2000	406,000	-

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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 ↕
—	1221 Mckinney St, Houston, TX 77010	—	-	62,500	1977	1,103,424	$ 187,557,977	$ 23,437,500	-
Cap Certified Dev Corporation	2204 Austin St, Houston, TX 77002	04/30/2025	$ 1,879,000	19,998	2021	12,680	$ 3,890,294	$ 1,299,870	West Ontario Management 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$ 29,079,269

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 ↕
1221 MCKINNEY ST STE 3700, HOUSTON, TX 77010-2046	TRIANGLE PETROLEUM CORP	3032607125	OIL & GAS PRODUCERS
1221 MCKINNEY ST STE 700, HOUSTON, TX 77010-2045	LYONDELL CHEMICAL CO	2814528345	CHEMICALS-MANUFACTURERS
1221 MCKINNEY ST # 9121, HOUSTON, TX 77010-2011	WITHERS III, BENJAMIN F MD	7135128000	MEDICAL & SURGICAL SVC ORGANIZATIONS
1221 MCKINNEY ST STE 700, HOUSTON, TX 77010-2045	KILPATRICK LEE, DIANE L	7133094369	OFFICES OF LAWYERS
1221 MCKINNEY ST, HOUSTON, TX 77010-2011	BAYOU CITY ENERGY MANAGEMENT	7134008200	PLUMBING HTG & AIR-CONDITIONING CONTRACTORS
1221 MCKINNEY ST, HOUSTON, TX 77010-2011	ELITIST CAPITAL INVESTMENTS	7134032450	MISCELLANEOUS INTERMEDIATION
1221 MCKINNEY ST, HOUSTON, TX 77010-2011	GCA	7136555515	TRUCKING
1221 MCKINNEY ST, HOUSTON, TX 77010-2011	HUGHES WATTERS ASKANASE L LP	7133282865	LEGAL SERVICES
1221 MCKINNEY ST, HOUSTON, TX 77010-2011	FRAZIER FRAZIER	7136557100	ASSOCIATIONS
1221 MCKINNEY ST, HOUSTON, TX 77010-2011	T I A A	7137702000	INVESTMENTS

Showing 1 to 10 of 150 entries

Tenant Industry Distribution

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License Details

License Number

Exempt- 17109280226

Agriculture & Timber Permit

Issued By

Agriculture_and_Timber_Exempti

State Authority

Issue Date

8/25/2023

Original Issuance

Expire Date

12/31/2027

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	THE BECK ROCKY RIDGE HOLDINGS,
	Address Line
	City / State / Zip
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
Registration Details	SOS Code

License Timeline

License Issued

8/25/2023

Currently Active

Status: -

Renewal Required

12/31/2027

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