2501 Lazy Hollow Dr 1094, Houston, TX 77063 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 1969Total Assessed Value $71,313,424County Harris

Property Details

The Apartments property 2501 Lazy Hollow Dr 1094, Houston, TX 77063 is located in Harris County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $71,313,424.

The gross building area is 864,464 square feet and the land area is 1,314,593 square feet for this Apartment Garden (1 - 4 stories) built in 1969.

Legal description: Trs 12 12A Thru 12K 12M 12N 12P 12S & 12U & Res A Blk 1 Creekside Apartments 3Rd R/P

$71,313,424

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 2501 Lazy Hollow Dr 1094, Houston, TX 77063, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area864,464

Land Size1,314,593

Land Value$46,010,755

Improved Value$25,302,669

Total Assessed Value$71,313,424

Year Built1969

County NameHarris

Account Number0410280030037

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space4

HeatingForced air unit

PoolSwimming Pools

Roof TypeGable or hip

Type ConstructionBrick

No of Stories2

Garage TypeCovered Parking/Carport

Total Rooms1

Bedrooms1

Bathrooms16

PatioAvailable

Access Gates1

Walk-in Closets1

School Bus Pickup1

Emergency Maintenance1

Number of Units1094

Exterior WallsRock, stone

Sales History

2/28/2022

Arms-length$106,400,000

Buyer

Piney Point 2022 Llc

Seller

Village At Piney Point Llc

Book Number

2022.112189

Recording Date

2/28/2022

Transaction Details

Piney Point 2022 Llc acquired the property from Village At Piney Point Llc through a Arms-length transaction on 2/28/2022 for $106,400,000.

Property constructed in 1969

YSale Price (USD) byXSales Year

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Mortgage History

7/27/2023

Arms length residential transactions purchase or resales$2,067,577

Borrower

Piney Point 2023 Llc

Lender

Texas Real Estate Fund I Lp

Book Number

2023.283322

Recording Date

7/27/2023

Transaction Details

Piney Point 2023 Llc borrowed the property from Texas Real Estate Fund I Lp through a Arms length residential transactions purchase or resales transaction on 7/27/2023 for $2,067,577.

3/2/2022

Sale$80,000,000

Borrower

Piney Point 2022 Llc

Lender

Ladder Capital Finance Llc

Book Number

RP-2022-112190

Recording Date

3/2/2022

Transaction Details

Piney Point 2022 Llc borrowed the property from Ladder Capital Finance Llc through a transaction on 3/2/2022 for $80,000,000.

9/5/2018

Sale$76,445,000

Borrower

Lender

Book Number

Recording Date

9/5/2018

Transaction Details

borrowed the property from through a transaction on 9/5/2018 for $76,445,000.

9/4/2018

Arms length residential transactions purchase or resales$76,445,000

Borrower

Village At Piney Llc

Lender

Holiday Fenoglio Fowler L P

Book Number

2018.406352

Recording Date

9/4/2018

Transaction Details

Village At Piney Llc borrowed the property from Holiday Fenoglio Fowler L P through a Arms length residential transactions purchase or resales transaction on 9/4/2018 for $76,445,000.

10/7/2014

Sale$55,000,000

Borrower

The Buckingham Senior Living Community

Lender

Book Number

Recording Date

10/7/2014

Transaction Details

The Buckingham Senior Living Community borrowed the property from through a transaction on 10/7/2014 for $55,000,000.

Property constructed in 1969

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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	$46,010,755	$28,107,794	$74,118,549	$74,118,549	Fannie Mae	100 Crescent Ct Ste ...	Trs 12 12A Thru 12K ...	5909.00	-	1,314,593	972,984
2025	$46,010,755	$22,665,600	$68,676,355	$68,676,355	Piney Poing 2023 Llc	145 Manor Lake Estat...	Trs 12 12A Thru 12K ...	5909.00	Creekside Apartments...	1,314,593	972,984
2024	$46,010,755	$19,286,660	$65,297,415	$65,297,415	Piney Poing 2023 Llc	145 Manor Lake Estat...	Trs 12 12A Thru 12K ...	5909.00	Creekside Apartments...	1,314,593	972,984
2023	$46,010,755	$24,489,245	$70,500,000	$70,500,000	Piney Poing 2023 Llc	145 Manor Lake Estat...	Trs 12 12A Thru 12K ...	5909.00	CREEKSIDE APARTMENTS...	1,314,593	972,984
2022	$39,437,790	$30,562,210	$70,000,000	$70,000,000	Piney Point 2022 Llc	5311 Ballybunion Ct	Trs 12 12A Thru 12K ...	5909.00	CREEKSIDE APARTMENTS...	1,314,593	972,984
2021	$32,864,825	$21,135,175	$54,000,000	$54,000,000	Village At Piney Poi...	8901 Gaylord Dr Ste ...	Trs 12 12A Thru 12K ...	5909.00	CREEKSIDE APARTMENTS...	1,314,593	972,984
2020	$32,864,825	$19,385,175	$52,250,000	$52,250,000	Village At Piney Poi...	8901 Gaylord Dr Ste ...	Trs 12 12A Thru 12K ...	5909.00	-	1,314,593	972,984
2019	$32,864,825	$11,793,234	$44,658,059	$44,658,059	Village At Piney Poi...	8901 Gaylord Dr Ste ...	Trs 12 12A Thru 12K ...	5909.00	CREEKSIDE APARTMENTS...	1,314,593	972,984
2018	$32,864,825	$10,304,585	$43,169,410	$43,169,410	Village At Piney Poi...	8901 Gaylord Dr Ste ...	Trs 12 12A Thru 12K ...	5909.00	CREEKSIDE APARTMENTS...	1,314,593	972,984
2017	$32,864,825	$15,869,824	$48,734,649	$48,734,649	Village At Piney Poi...	8901 Gaylord Dr Ste ...	Trs 12 12A Thru 12K ...	5909.00	CREEKSIDE APARTMENTS...	1,314,593	972,984

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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 ↕
2501 Lazy Hollow Dr 1094, Houston, TX 77063	0410280030037	Apartments	Apartment Garden (1 - 4 stories)	Piney Poing 2023 Llc	Harris	-	$ 106,400,000	2022-02-28	$ 109.35	1969	864,464	1094
5454 Newcastle Dr 580, Houston, TX 77081	1170290000001	Apartments	Apartment Garden (1 - 4 stories)	Village At Bellaire Owner Llc	Harris	4.1	$ 140,625,000	2025-04-30	$ 219.05	1990	641,988	580
9802 Forum Park Dr 708, Houston, TX 77036	1121370000013	Apartments	Apartment Garden (1 - 4 stories)	Westwood Houston Owner Llc	Harris	5.2	$ 83,147,700	2025-05-08	$ 132.48	1979	627,632	708
14531 Ella Blvd 520, Houston, TX 77014	0411150000169	Apartments	Apartment Garden (1 - 4 stories)	Alta30 Ll	Harris	17.3	$ 5,357,506	2025-03-26	$ 13.25	1982	404,248	520
4010 Linkwood Dr 476, Houston, TX 77025	0440860000009	Apartments	Apartment Garden (1 - 4 stories)	Mvd Apartments Llc	Harris	5.8	$ 48,671,350	2025-11-10	$ 114.01	1969	426,919	476
5500 El Camino Del Rey St 401, Houston, TX 77081	0370590250003	Apartments	Apartment Garden (1 - 4 stories)	Jss Apartments Llc	Harris	2.7	$ 39,290,860	2025-08-18	$ 99.07	1970	396,594	401
12000 Fleming Dr 704, Houston, TX 77013	0432110000525	Apartments	Apartment Garden (1 - 4 stories)	Timber Ridge Houston Owner Llc	Harris	18.0	$ 61,937,500	2025-04-09	$ 118.91	1981	520,866	704
5959 Fm 1960 Rd W Ste 404 Ste404, Houston, TX 77066	1182410010001	Apartments	Apartment Garden (1 - 4 stories)	5959 Cypress Houston Llc	Harris	16.3	$ 49,542,500	2025-07-08	$ 116.99	1995	423,472	404
1221 Redford St 856, Houston, TX 77034	1143160000004	Apartments	Apartment Garden (1 - 4 stories)	Redford Owner Llc	Harris	17.9	$ 91,475,000	2025-05-01	$ 132.46	1980	690,590	856
301 Benmar Dr 466, Houston, TX 77060	1086180000003	Apartments	Apartment Garden (1 - 4 stories)	Rockridge2016 Llc	Harris	16.0	$ 5,320,000	2024-08-06	$ 15.01	1977	354,416	466
9999 Kempwood Dr 326, Houston, TX 77080	1013410000001	Apartments	Apartment Garden (1 - 4 stories)	Sb3 Kempwood Hollow Llc	Harris	5.9	$ 25,835,250	2025-11-19	$ 83.84	1979	308,148	326

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2501 Lazy Hollow Dr 1094, Houston, TX 77063	—	-	1,314,593	1969	864,464	$ 71,313,424	$ 46,010,755	-
Regions Bank	7000 Fonvilla St, Houston, TX 77074	09/02/2025	$ 19,110,000	180,948	1972	289,664	$ 18,502,198	$ 1,628,532	Bkj Apartments Llc
South State Bank Na	7525 Hillcroft St, Houston, TX 77081	08/21/2025	$ 4,100,000	81,568	1960	51,440	$ 3,720,000	$ 815,680	Chiniot Opportunity Fund Llc
Berkeley Point Capital Llc	5810 Fondren Rd, Houston, TX 77036	08/13/2025	$ 15,570,000	375,021	1973	195,574	$ 16,112,203	$ 1,875,105	Vbl Apartments Llc
Berkadia Commercial Mtg Llc	3400 Woodchase Dr, Houston, TX 77042	07/31/2025	$ 54,600,000	739,470	1975	572,305	$ 33,720,706	$ 14,789,400	Ashford Santa Ana Property Own
Berkadia Commercial Mtg Llc	6000 Bissonnet St, Houston, TX 77081	07/31/2025	$ 19,600,000	318,097	1970	199,993	$ 13,800,330	$ 3,180,970	Ashford Spring Forest Lp
Berkadia Commercial Mtg Llc	10100 Westpark Dr, Houston, TX 77042	06/30/2025	$ 13,936,000	197,890	1976	145,439	$ 11,053,990	$ 3,957,800	Ak Ventures Ltd
Berkadia Commercial Mtg Llc	10925 Briar Forest Dr, Houston, TX 77042	05/30/2025	$ 29,253,000	539,064	1978	236,402	$ 26,802,551	$ 4,312,512
Genesis Capital Llc	6500 Dunlap St, Houston, TX 77074	04/21/2025	$ 50,000,000	231,760	1978	189,516	$ 14,619,580	$ 1,854,080	2015 Houston Sterling Point Ll
Walker & Dunlop Llc	970 Bunker Hill Rd, Houston, TX 77024	03/07/2025	$ 12,217,000	197,980	1968	162,770	$ 26,172,751	$ 11,878,800	Moody 77024 Multifamily Dst
Berkadia Commercial Mtg Llc	10925 Briar Forest Dr, Houston, TX 77042	02/28/2025	$ 23,353,000	539,064	1978	236,402	$ 26,802,551	$ 4,312,512	Ashford Palms Kirkwood Lp

Mean$ 17,730,833

Median$ 13,604,000.0

Loan Amount Range$ 500,000 - $ 54,600,000

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Tenant Details

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License Details

License Number

32088987048

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

4/9/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	DEBEEZ INNOVATION LLC
	Address Line	2501 lazy hollow dr apt 226b
	City / State / Zip	houston TX 77063
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	77063
Registration Details	SOS Code	A

License Timeline

License Issued

4/9/2023

Currently Active

Status: -

Renewal Required

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