888 Westheimer Rd, Houston, TX 77006 – Office Building High Rise 5+ stories

OfficeYear Built 2020Total Assessed Value $82,678,262County Harris

Property Details

The Office property 888 Westheimer Rd, Houston, TX 77006 is located in Harris County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $82,678,262.

The gross building area is 168,781 square feet and the land area is 78,234 square feet for this Office Building High Rise 5+ stories built in 2020.

Legal description: Res A Blk 1 Kanye Westheimer

$82,678,262

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 888 Westheimer Rd, Houston, TX 77006, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area168,781

Land Size78,234

Land Value$11,735,100

Improved Value$70,943,162

Total Assessed Value$82,678,262

Year Built2020

County NameHarris

Account Number1411450010001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Fireplace1

Parking Space871

HeatingForced air unit

Type ConstructionSteel

No of Stories1

Garage TypeMixed 278100

Total Rooms10

Bedrooms4

Bathrooms2

Elevator

Exterior WallsGlass

Sales History

7/9/2025

Arms-lengthNot Disclosed

Buyer

Hgit 888 Westheimer Rd Lp

Seller

Montrose Collective Owner Lp

Book Number

2025.266094

Recording Date

7/9/2025

Transaction Details

Hgit 888 Westheimer Rd Lp acquired the property from Montrose Collective Owner Lp through a Arms-length transaction on 7/9/2025 for .

5/22/2013

Arms-length$311,800

Buyer

Whitmore Timothy L

Seller

Reeeves Raelynn

Book Number

2014.179206

Recording Date

5/22/2013

Transaction Details

Whitmore Timothy L acquired the property from Reeeves Raelynn through a Arms-length transaction on 5/22/2013 for $311,800.

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

1/30/2024

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

Borrower

Montrose Collective Owner Lp

Lender

Book Number

2024.32102

Recording Date

1/30/2024

Transaction Details

Montrose Collective Owner Lp borrowed the property from through a Arms length residential transactions purchase or resales transaction on 1/30/2024 for $76,000,000.

Property constructed in 2020

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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	$11,735,100	$71,950,902	$83,686,002	$83,686,002	Hgit 888 Westheimer ...	845 Texas Ave Ste 33...	Res A Blk 1 Kanye We...	5904.09	-	78,234	168,781
2025	$11,735,100	$70,943,162	$82,678,262	$82,678,262	Hgit 888 Westheimer ...	845 Texas Ave Ste 33...	Res A Blk 1 Kanye We...	5904.09	-	78,234	168,781
2024	$15,646,800	$65,946,785	$81,593,585	$81,593,585	Montrose Collective ...	631 W 22nd St Ste 20...	Res A Blk 1 Kanye We...	5904.09	-	78,234	168,781
2023	$15,646,800	$45,737,236	$61,384,036	$61,384,036	Montrose Collective ...	631 W 22nd St	Res A Blk 1 Kanye We...	5904.09	MONTROSE	78,234	168,781
2022	$15,646,800	$46,547,111	$62,193,911	$62,193,911	Montrose Collective ...	631 W 22nd St	Res A Blk 1 Kanye We...	5904.09	MONTROSE	78,234	168,781
2021	$15,646,800	$25,503,200	$41,150,000	$41,150,000	Montrose Collective ...	714 Yale St Ste 2z	Res A Blk 1 Kanye We...	5904.07	MONTROSE	78,234	407,200

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Showing 1 to 6 of 6 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 ↕
888 Westheimer Rd, Houston, TX 77006	1411450010001	Office	Office Building High Rise 5+ stories	Montrose Collective Owner Lp	Harris	-	-	-	-	2020	168,781	-
3600 W Sam Houston Pky S, Houston, TX 77042	1356710010001	Office	Office Building High Rise 5+ stories	Columbia Texas Westchase Park Land Llc	Harris	10.3	$ 55,727,000	2025-05-27	$ 190.99	2014	291,784	-
222 Benmar Dr 1, Houston, TX 77060	1121150000007	Office	Office Building High Rise 5+ stories	Holloway Lodging 222 Benmar Llc	Harris	13.8	$ 2,214,500	2024-07-11	$ 10.16	1994	217,930	1
840 Gessner Rd 937, Houston, TX 77024	1193790010001	Office	Office Building High Rise 5+ stories	Memorial City 840 Llc	Harris	9.5	$ 59,850,000	2024-09-24	$ 174.53	1998	342,920	937
15021 Katy Fwy, Houston, TX 77094	1303140010001	Office	Office Building High Rise 5+ stories	Ec Owner 1 Lp Invesco Advisors Inc	Harris	15.8	$ 29,925,000	2025-08-04	$ 117.90	2008	253,822	-
15150 W Dr, Houston, TX 77053	R357658	Office	Office Building High Rise 5+ stories	Mlb Ip West Dr Llc	Fort Bend	11.7	$ 2,267,650	2024-10-15	$ 44.18	2007	51,330	-
8101 W Sam Houston Pkwy S, Houston, TX 77072	1148950010001	Office	Office Building Low Rise 1 - 4 stories	Rma American Realty Lp	Harris	10.7	$ 18,234,300	2025-08-27	$ 135.36	1999	134,707	-
1410 Gillingham Ln, Sugar Land, TX 77478	R216407	Office	Office Building Low Rise 1 - 4 stories	1410 Gillingham Llc	Fort Bend	15.2	$ 7,820,400	2024-06-26	$ 52.12	2001	150,042	-
10603 W Sam Houston Pky N A, Houston, TX 77064	1294590010001	Office	Office Building Low Rise 1 - 4 stories	Interra Remington Llc	Harris	15.8	$ 34,531,300	2024-10-23	$ 171.01	2008	201,928	-
18211 Katy Fwy, Houston, TX 77094	1297950010001	Office	Office Building Low Rise 1 - 4 stories	Members Choice Credit Union Accounts Payable	Harris	18.5	$ 7,406,437	2024-12-02	$ 85.22	2016	86,914	-
4265 San Felipe St, Houston, TX 77027	0813180000012	Office	Office Building High Rise 5+ stories	Dml 4265 San Felipe Llc	Harris	3.6	$ 31,122,000	2024-09-30	$ 139.22	1983	223,545	-

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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 ↕
—	888 Westheimer Rd, Houston, TX 77006	—	-	78,234	2020	168,781	$ 82,678,262	$ 11,735,100	-
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
Southside Bank	2615 Montrose Blvd, Houston, TX 77006	03/11/2025	$ 750,000	6,516	1965	1,634	$ 822,341	$ 619,020	Aladdin Restaurants Inc
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
Zions Bancorporation Na	1415 California St, Houston, TX 77006	12/23/2024	$ 250,000	30,923	2010	40,000	-	-	Legacy Community Health Endowm
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

Mean$ 29,013,731

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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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
888 WESTHEIMER RD STE 150, HOUSTON, TX 77006-3946	EYE ELEGANCE	7136224411	OPTICAL GOODS-RETAIL

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Tenant Industry Distribution

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License Details

License Number

32065888227

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/9/2018

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SHN FESTIVALS, LLC
	Address Line	888 westheimer rd ste 120
	City / State / Zip	houston TX 77006
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	77006
Registration Details	SOS Code	A

License Timeline

License Issued

1/9/2018

Currently Active

Status: -

Renewal Required

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