550 Westcott St, Houston, TX 77007 – Office Building High Rise 5+ stories

OfficeYear Built 1984Total Assessed Value $13,341,573County Harris

Property Details

The Office property 550 Westcott St, Houston, TX 77007 is located in Harris County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $13,341,573.

The gross building area is 90,553 square feet and the land area is 45,286 square feet for this Office Building High Rise 5+ stories built in 1984.

Legal description: Lts 1 Thru 11 Blk 42 Rice Military

$13,341,573

Market Value

$147.33

Price per SQFT

Aerial map view of 550 Westcott St, Houston, TX 77007

1 / 5

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area90,553

Land Size45,286

Land Value$2,547,338

Improved Value$10,794,235

Total Assessed Value$13,341,573

Year Built1984

County NameHarris

Account Number0300840000001

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space171

HeatingForced air unit

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Property Details

Property Information

Property Details

The gross building area is 90,553 square feet and the land area is 45,286 square feet for this Office Building High Rise 5+ stories built in 1984.

Legal description: Lts 1 Thru 11 Blk 42 Rice Military

$5,897,955

Guesstimate™

$13,341,573

Market Value

$147.33

Price per SQFT

1 / 5

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area90,553

Land Size45,286

Land Value$2,547,338

Improved Value$10,794,235

Total Assessed Value$13,341,573

Year Built1984

County NameHarris

Account Number0300840000001

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space171

HeatingForced air unit

Sales History

12/12/2023

Arms-lengthNot Available

Buyer

Radhe Investment Grouprig 14 Series

Seller

Gigi Living Trust

Book Number

2023.472280

Recording Date

12/12/2023

Transaction Details

Radhe Investment Grouprig 14 Series acquired the property from Gigi Living Trust through a Arms-length transaction on 12/12/2023 for Not Available.

6/1/2002

Arms-lengthNot Available

Buyer

Dan Moody, Jr

Seller

Apcar Invesrment Partners Vii, Lp

Book Number

V854969

Recording Date

6/1/2002

Transaction Details

Dan Moody, Jr acquired the property from Apcar Invesrment Partners Vii, Lp through a Arms-length transaction on 6/1/2002 for Not Available.

4/25/2000

Other$6,450,000

Buyer

Apcar Inv Partners Vii Lp

Seller

Mike Mcgrath

Book Number

Recording Date

4/25/2000

Transaction Details

Apcar Inv Partners Vii Lp acquired the property from Mike Mcgrath through a Other transaction on 4/25/2000 for $6,450,000.

4/27/1998

Other$4,600,000

Buyer

Seller

Apcar Investment Partners

Book Number

Recording Date

4/27/1998

Transaction Details

acquired the property from Apcar Investment Partners through a Other transaction on 4/27/1998 for $4,600,000.

3/30/1995

Other$10

Buyer

Gupta Parkside Ltd Prtnshp

Seller

Noga Realty Inc

Book Number

Recording Date

3/30/1995

Transaction Details

Gupta Parkside Ltd Prtnshp acquired the property from Noga Realty Inc through a Other transaction on 3/30/1995 for $10.

Property constructed in 1984

Mortgage History

11/13/2020

Reo and trustee deeds$5,300,000

Borrower

Gupta Parkside Limited Partnership

Lender

Tiaa Fsb Holdings Inc

Book Number

2020.557626

Recording Date

11/13/2020

Transaction Details

Gupta Parkside Limited Partnership borrowed the property from Tiaa Fsb Holdings Inc through a Reo and trustee deeds transaction on 11/13/2020 for $5,300,000.

9/19/2011

Helocs both purchase money and non purchase money helocs$650,000,000

Borrower

Cell Tower Lease Acquisition Llc

Lender

Deutsche Bank Trust Co Americas

Book Number

2012.103458

Recording Date

9/19/2011

Transaction Details

Cell Tower Lease Acquisition Llc borrowed the property from Deutsche Bank Trust Co Americas through a Helocs both purchase money and non purchase money helocs transaction on 9/19/2011 for $650,000,000.

3/25/2008

Arms length residential transactions purchase or resales$125,000,000

Borrower

T3 Unison Site Management Llc

Lender

Deutsche Bank Trust Co Americas

Book Number

2008.165346

Recording Date

3/25/2008

Transaction Details

T3 Unison Site Management Llc borrowed the property from Deutsche Bank Trust Co Americas through a Arms length residential transactions purchase or resales transaction on 3/25/2008 for $125,000,000.

3/24/2005

Sale$4,000,000

Borrower

Gupta Sham L Md

Lender

Book Number

Recording Date

3/24/2005

Transaction Details

Gupta Sham L Md borrowed the property from through a transaction on 3/24/2005 for $4,000,000.

Property constructed in 1984

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	$2,547,338	$10,794,235	$13,341,573	$13,341,573	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	-	45,286	90,553
2025	$3,396,450	$9,830,221	$13,226,671	$13,226,671	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	Rice Military	45,286	90,553
2024	$3,396,450	$6,747,105	$10,143,555	$10,143,555	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	Rice Military	45,286	90,553
2023	$3,396,450	$7,097,815	$10,494,265	$10,494,265	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	RICE MILITARY	45,286	90,553
2022	$3,396,450	$6,145,662	$9,542,112	$9,542,112	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	RICE MILITARY	45,286	90,553
2021	$3,396,450	$5,211,037	$8,607,487	$8,607,487	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	RICE MILITARY	45,286	90,553
2020	$3,396,450	$4,403,550	$7,800,000	$7,800,000	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	-	45,286	90,553
2019	$3,396,450	$4,103,550	$7,500,000	$7,500,000	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.11	RICE MILITARY	45,286	90,553
2018	$2,264,300	$5,305,326	$7,569,626	$7,569,626	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.04	RICE MILITARY	45,286	90,553
2017	$2,037,870	$5,847,393	$7,885,263	$7,885,263	Gupta Parkside Ltd P...	10700 Richmond Ave S...	Lts 1 Thru 11 Blk 42...	5925.04	RICE MILITARY	45,286	90,553

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