515 W 20th St 309, Houston, TX 77008 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2018Total Assessed Value $73,558,194County Harris

Property Details

The Apartments property 515 W 20th St 309, Houston, TX 77008 is located in Harris County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $73,558,194.

The gross building area is 261,312 square feet and the land area is 78,800 square feet for this Apartment High Rise (5+ stories) built in 2018.

Legal description: Res A Blk 1 Broadstone Nicholson

$73,558,194

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,400

Avg Rent

Property Image of 515 W 20th St 309, Houston, TX 77008, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area261,312

Land Size78,800

Land Value$9,456,000

Improved Value$64,102,194

Total Assessed Value$73,558,194

Year Built2018

County NameHarris

Account Number1394150010001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space219

HeatingForced air unit

PoolSwimming Pools

Type ConstructionMetal

No of Stories8

Garage TypeCovered Parking/Carport,Parking Garage

Bathrooms28

PatioAvailable

Storage RoomAvailable

Access Gates1

Jogging Trail1

Business Center1

Walk-in Closets1

Steel Appliances1

Number of Units309

Exterior WallsBrick

Sales History

2/27/2025

Arms-lengthNot Disclosed

Buyer

Pleasanton Housing Finance Corporation

Seller

Heights Waterworks 309 Llc

Book Number

2025.87025

Recording Date

2/27/2025

Transaction Details

Pleasanton Housing Finance Corporation acquired the property from Heights Waterworks 309 Llc through a Arms-length transaction on 2/27/2025 for .

9/20/2021

Arms-length$88,065,000

Buyer

Heights Waterworks 309 Llc

Seller

Crp Ar Heights Waterworks Owner Lp

Book Number

2021.538773

Recording Date

9/20/2021

Transaction Details

Heights Waterworks 309 Llc acquired the property from Crp Ar Heights Waterworks Owner Lp through a Arms-length transaction on 9/20/2021 for $88,065,000.

Property constructed in 2018

YSale Price (USD) byXSales Year

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Mortgage History

9/20/2021

Helocs both purchase money and non purchase money helocs$57,613,000

Borrower

Heights Waterworks 309 Llc

Lender

Westernsouthern Life Assurance Company

Book Number

RP-2021-538774

Recording Date

9/20/2021

Transaction Details

Heights Waterworks 309 Llc borrowed the property from Westernsouthern Life Assurance Company through a Helocs both purchase money and non purchase money helocs transaction on 9/20/2021 for $57,613,000.

Property constructed in 2018

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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) ↕
2025	$9,456,000	$64,102,194	$73,558,194	$73,558,194	Pleasanton Housing F...	108 Second St	Res A Blk 1 (Prorate...	5938.03	-	78,800	261,312
2024	$9,456,000	$60,633,631	$70,089,631	$70,089,631	Heights Waterworks 3...	18909 Ne 29th Ave St...	Res A Blk 1 Broadsto...	5938.03	-	78,800	261,312
2023	$9,456,000	$69,686,073	$79,142,073	$79,142,073	Crp / Ar Heights Wat...	820 Gessner Ste 1000	Res A Blk 1 Broadsto...	5938.03	-	78,800	261,312
2022	$5,516,000	$59,984,000	$65,500,000	$65,500,000	Crp / Ar Heights Wat...	820 Gessner Ste 1000	Res A Blk 1 Broadsto...	5938.03	-	78,800	261,312
2021	$4,728,000	$32,100,791	$36,828,791	$36,828,791	Crp / Ar Heights Wat...	820 Gessner Ste 1000	Res A Blk 1 Broadsto...	5938.03	-	78,800	261,312
2020	$4,728,000	$26,246,827	$30,974,827	$30,974,827	Crp / Ar Heights Wat...	820 Gessner Ste 1000	Res A Blk 1 Broadsto...	5938.03	-	78,800	261,312
2019	$4,728,000	$5,051,709	$9,779,709	$9,779,709	Crp / Ar Heights Wat...	820 Gessner Ste 1000	Res A Blk 1 Broadsto...	5938.03	-	78,800	262,251
2018	$4,334,000	$51,300	$4,385,300	$4,385,300	Crp / Ar Heights Wat...	820 Gessner Ste 1000	Res A Blk 1 Broadsto...	5938.03	-	78,800	-

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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 ↕
515 W 20th St 309, Houston, TX 77008	1394150010001	Apartments	Apartment High Rise (5+ stories)	Heights Waterworks 309 Llc	Harris	-	$ 88,065,000	2021-09-20	$ 337.01	2018	261,312	309
641 W Crosstimbers St 327, Houston, TX 77018	1449360010001	Apartments	Apartment High Rise (5+ stories)	Garden Oaks Apartments Llc	Harris	1.6	$ 66,367,000	2025-11-19	$ 211.71	2022	313,481	327
7655 Washington Ave 356, Houston, TX 77007	1501110010001	Apartments	Apartment High Rise (5+ stories)	Pmp Investment Llc	Harris	2.4	$ 75,625,000	2025-05-16	$ 232.90	2019	324,709	356
301 St Joseph Pky 379, Houston, TX 77002	1274570010001	Apartments	Apartment High Rise (5+ stories)	2009 Cpt Community Owner Llc	Harris	3.9	$ 107,198,000	2025-11-13	$ 290.50	2006	369,017	379
1148 Silber Rd 352, Houston, TX 77055	1413370010001	Apartments	Apartment High Rise (5+ stories)	Brep Memorial Lp Etal	Harris	3.7	$ 61,180,000	2025-08-26	$ 209.31	2020	292,292	352
409 Travis St 274, Houston, TX 77002	1355320010001	Apartments	Apartment High Rise (5+ stories)	Hm Aris Llc Et Al	Harris	4.0	$ 77,492,450	2025-01-28	$ 215.23	2015	360,043	274
1215 Sawyer St 327, Houston, TX 77007	1401370010001	Apartments	Apartment High Rise (5+ stories)	Sawyer Yards Holdco Lp	Harris	2.7	$ 54,136,320	2024-09-26	$ 201.32	2019	268,912	327
3030 Summer St 375, Houston, TX 77007	1386910010002	Apartments	Apartment High Rise (5+ stories)	Brep Summer Llc	Harris	2.4	$ 59,260,810	2024-09-27	$ 182.93	2018	323,947	375
2724 Kipling St 302, Houston, TX 77098	1332230010001	Apartments	Apartment High Rise (5+ stories)	2724 Kipling Owner Llc	Harris	4.5	$ 54,131,000	2024-07-30	$ 187.72	2012	288,358	302
3300 Main St 328, Houston, TX 77002	1373900010001	Apartments	Apartment High Rise (5+ stories)	3300 Main Project Owner Lp	Harris	4.7	$ 80,249,540	2024-09-19	$ 199.53	2018	402,195	328
3400 Montrose Blvd 327, Houston, TX 77006	1354850010001	Apartments	Apartment High Rise (5+ stories)	H & P Montrose Holdings Llc	Harris	4.4	$ 81,795,000	2024-08-19	$ 245.70	2015	332,908	327

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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 ↕
—	515 W 20th St 309, Houston, TX 77008	—	-	78,800	2018	261,312	$ 73,558,194	$ 9,456,000	-
Bank Of The Orient	5400 Memorial Dr, Houston, TX 77007	08/14/2025	$ 9,220,000	88,142	1965	173,913	$ 14,073,794	$ 6,610,650	Fell In Love Llc
Acre Credit Fund Ii Gs Ii Llc	92 Jensen Rd, Houston, TX 77020	08/14/2025	$ 58,000,000	211,222	2022	437,515	$ 83,553,338	$ 2,112,220	East River Residential One Llc
Regions Bank	3275 Summer St, Houston, TX 77007	08/06/2025	$ 29,092,000	101,743	2020	161,461	-	-	Dtc Ss Coop Llc
Keybank National Association	929 Westcott St, Houston, TX 77007	07/16/2025	$ 94,545,000	123,623	2019	432,689	$ 126,500,000	$ 6,304,773	Mpw Owner Lp
Fbred Bdc Finance Llc	2221 W Dallas St, Houston, TX 77019	06/27/2025	$ 58,500,000	249,947	2008	415,827	$ 87,609,142	$ 23,744,965	Us Living Montrose Llc
Truist Bank	3003 Memorial Ct 380, Houston, TX 77007	06/10/2025	$ 57,000,000	435,600	2000	466,392	$ 85,294,052	$ 37,026,000	Cb Marcella Memorial Heights L
Stellar Bank	1616 Post Oak Blvd, Houston, TX 77056	06/03/2025	$ 1,500,000	66,381	2020	608,704	$ 182,222,151	$ 13,276,200	Culinary Khanceptsaspire Inc
Acre Credit Fund Ii Lndg Llc	1317 Post Oak Park Dr, Houston, TX 77027	05/29/2025	$ 50,000,000	145,926	2019	386,850	$ 83,984,674	$ 11,674,080	Houston Reverie Llc
Regions Bank	331 W 18th St, Houston, TX 77008	05/29/2025	$ 1,000,000	9,901	2017	10,962	$ 2,231,564	$ 742,575	Gks Equity Investments Inc
Spt Real Estate Capital Llc	7655 Washington Ave, Houston, TX 77007	05/16/2025	$ 60,500,000	174,240	2019	324,709	$ 74,431,715	$ 4,356,000	-

Mean$ 70,299,808

Median$ 58,132,500.0

Loan Amount Range$ 1,000,000 - $ 500,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
515 W 20TH ST, HOUSTON, TX 77008-3892	HEIGHTS WATERWORKS	8326390822	APARTMENTS

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License Details

This details prefers to stay low-key.

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