224 W Park Ave, Freeport , TX 77541 – Loft Building

CommercialYear Built 1913Total Assessed Value $555,110County Brazoria

Property Details

The Commercial property 224 W Park Ave, Freeport , TX 77541 is located in Brazoria County. The specific property type is Loft Building. The total assessed value of this property is $555,110.

The gross building area is 15,600 square feet and the land area is 7,902 square feet for this Loft Building built in 1913.

Legal description: Freeport Blk 44 Lot 15 (S/10') - Lot 16-17

$555,110

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeLoft Building

Building Area15,600

Land Size7,902

Land Value$30,820

Improved Value$524,290

Total Assessed Value$555,110

Year Built1913

County NameBrazoria

Account Number209323

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingOther

Type ConstructionOther

No of Stories1

Total Rooms14

Exterior WallsBrick veneer

Sales History

11/14/2025

Arms-lengthNot Disclosed

Buyer

Iik Holdings Llc

Seller

Texas Real Estate Fund I Lp

Book Number

2025.55273

Recording Date

11/14/2025

Transaction Details

Iik Holdings Llc acquired the property from Texas Real Estate Fund I Lp through a Arms-length transaction on 11/14/2025 for .

3/8/2016

Arms-length$468,800

Buyer

Plan Strategy Group Llc

Seller

Bass Robert

Book Number

2016010279

Recording Date

3/8/2016

Transaction Details

Plan Strategy Group Llc acquired the property from Bass Robert through a Arms-length transaction on 3/8/2016 for $468,800.

Property constructed in 1913

YSale Price (USD) byXSales Year

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Mortgage History

3/11/2022

Arms length residential transactions purchase or resales$94,000

Borrower

Plan Strategy Group

Lender

Callar Varela Holding

Book Number

2022.15357

Recording Date

3/11/2022

Transaction Details

Plan Strategy Group borrowed the property from Callar Varela Holding through a Arms length residential transactions purchase or resales transaction on 3/11/2022 for $94,000.

5/4/2018

Arms length residential transactions purchase or resales$20,000

Borrower

Plan Strategy Group Llc

Lender

Book Number

2018.22533

Recording Date

5/4/2018

Transaction Details

Plan Strategy Group Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 5/4/2018 for $20,000.

12/18/2017

Arms length residential transactions purchase or resales$300,000

Borrower

Pkan Stategy Group L

Lender

Book Number

2017.62687

Recording Date

12/18/2017

Transaction Details

Pkan Stategy Group L borrowed the property from through a Arms length residential transactions purchase or resales transaction on 12/18/2017 for $300,000.

8/14/2017

Sale$11,754

Borrower

Plan Strategy Group Llc

Lender

Texas Tax Solution Ii Llc

Book Number

2017.40196

Recording Date

8/14/2017

Transaction Details

Plan Strategy Group Llc borrowed the property from Texas Tax Solution Ii Llc through a transaction on 8/14/2017 for $11,754.

3/4/2016

Arms length residential transactions purchase or resales$375,000

Borrower

Plan Strategy Group Llc

Lender

Choize Prime Real Estate Llc

Book Number

2016010280

Recording Date

3/4/2016

Transaction Details

Plan Strategy Group Llc borrowed the property from Choize Prime Real Estate Llc through a Arms length residential transactions purchase or resales transaction on 3/4/2016 for $375,000.

Property constructed in 1913

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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	$30,820	$524,290	$555,110	$555,110	Iik Holdings Llc	2050 W Sam Houston P...	Freeport Blk 44 Lot ...	Comm.Fpdt	S4200	7,902	15,600
2025	$30,820	$502,940	$533,760	$533,760	Park Avenue Lofts	224 W Park Ste 100, ...	Freeport Blk 44 Lot ...	Comm.Fpdt	S4200	7,902	15,600
2024	$30,820	$496,430	$527,250	$527,250	Park Avenue Lofts	224 W Park Ste 100, ...	Freeport Blk 44 Lot ...	Comm.Fpdt	S4200	7,902	15,600
2023	$10,270	$500,530	$510,800	$510,800	Park Avenue Lofts	224 W Park Suite 100...	Freeport Blk 44 Lot ...	COMM.FPDT	S4200	7,902	15,600
2022	$7,900	$387,540	$395,440	$395,440	Park Avenue Lofts	224 W Park, Suite 10...	Freeport, Block 44, ...	COMM.FPDT	S4200	7,902	15,600
2021	$7,900	$327,300	$335,200	$335,200	Plan Strategy Group	5535 Memorial Dr F 3...	Freeport, Block 44, ...	COMM.FPDT	S4200	7,902	15,600
2020	$7,900	$315,170	$323,070	$323,070	Plan Strategy Group	5535 Memorial Dr # F...	Freeport, Block 44, ...	COMM.FPDT	S4200	7,902	15,600
2019	$7,900	$315,170	$323,070	$323,070	Plan Strategy Group	5535 Memorial Dr # F...	Freeport, Block 44, ...	COMM.FPDT	S4200	7,902	15,600
2018	$7,900	$298,500	$306,400	$306,400	Plan Strategy Group	5535 Memorial Dr # F...	Freeport, Block 44, ...	COMM.FPDT	S4200	7,902	15,600
2017	$7,900	$298,500	$306,400	$306,400	Plan Strategy Group	5535 Memorial Dr # F...	Freeport, Block 44, ...	COMM.FPDT	S4200	7,902	15,600

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Rent & Occupancy

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Comparables

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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 ↕
—	224 W Park Ave, Freeport , TX 77541	—	-	7,902	1913	15,600	$ 555,110	$ 30,820	-
Home Federal Bank	4601 Macks Dr, Bossier City, LA 71111	09/30/2025	$ 450,710	38,779	1983	8,640	$ 10,800	$ 12,350	-
Bonvenu Bank Na	3120 Barksdale Blvd, Bossier City, LA 71112	06/27/2025	$ 300,000	21,415	1993	3,600	$ 12,881	$ 50,100
B1bank	1314 Driftwood Dr, Bossier City, LA 71111	04/10/2025	$ 580,122	22,638	2001	10,040	$ 55,999	$ 49,740	Jk Dhimar Llc
Bonvenu Bank Na	4600 Macks Dr, Bossier City, LA 71111	03/28/2025	$ 438,750	41,107	1978	9,096	$ 17,199	$ 35,600
Avb Bank	Alpine Blvd, Haughton, LA 71037	03/17/2025	$ 1,100,000	47,259	2014	15,100	$ 106,762	$ 89,730	Circle B Land Llc
Bayvanguard Bank	4732 Viking Dr, Bossier City, LA 71111	03/14/2025	$ 375,000	94,392	1987	8,600	$ 57,594	$ 265,890	Obc Bossier City Llc
Cattlemens Bank	115 E Moore, Terrell, TX 75160	02/21/2025	$ 175,000	5,750	1985	10,000	$ 712,868	$ 51,750	Lyric Building Llc
Us Small Business Admn	4218 Fm 2611, Brazoria, TX 77422	02/18/2025	$ 70,200	275,299	2000	651	$ 646,656	$ 235,670
Home Federal Bank	1201 Hawn Ave, Shreveport, LA 71107	02/05/2025	$ 805,250	11,581	1982	6,760	$ 11,902	$ 20,600
Peoples National Bank Na	108 Crown Ct, Bossier City, LA 71112	01/07/2025	$ 856,000	148,719	1970	510	$ 47,224	$ 131,330	Schnitker Properties Llc

Mean$ 10,378,053

Median$ 487,855.0

Loan Amount Range$ 70,200 - $ 206,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32084505851

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

5/6/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	PEARL MAKER ASSETS, LLC
	Address Line	224 w park st ste 100
	City / State / Zip	freeport TX 77541
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48039
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77541
Registration Details	SOS Code	A

License Timeline

License Issued

5/6/2022

Currently Active

Status: -

Renewal Required

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