5454 Newcastle Dr 580, Houston, TX 77081 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 1990Total Assessed Value $83,075,625County Harris

Property Details

The Apartments property 5454 Newcastle Dr 580, Houston, TX 77081 is located in Harris County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $83,075,625.

The gross building area is 641,988 square feet and the land area is 625,914 square feet for this Apartment Garden (1 - 4 stories) built in 1990.

Legal description: Res A Pin Oak Green R/P

$83,075,625

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,525

Avg Rent

Property Image of 5454 Newcastle Dr 580, Houston, TX 77081, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area641,988

Land Size625,914

Land Value$12,518,280

Improved Value$70,557,345

Total Assessed Value$83,075,625

Year Built1990

County NameHarris

Account Number1170290000001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

FireplaceFireplace - Gas

HeatingForced air unit

PoolSwimming Pools

Roof TypeGable

Type ConstructionBrick

No of Stories3

Garage TypeAttached Garages,Covered Parking/Carport,Parking Garage

Total Rooms3

Bedrooms1

Bathrooms17

PatioAvailable

Wood DeckAvailable

Social Activities1

Access Gates1

Personal Trainer1

Business Center1

Vaulted Ceilings1

Furnished Units1

School Bus Pickup1

Granite Countertops1

Steel Appliances1

Number of Units580

Elevator

Exterior WallsRock, stone

Sales History

5/1/2025

Arms-length$140,625,000

Buyer

Maverick County Housing Finance Corporation

Seller

Village At Bellaire Owner Llc

Book Number

2025.161414

Recording Date

5/1/2025

Transaction Details

Maverick County Housing Finance Corporation acquired the property from Village At Bellaire Owner Llc through a Arms-length transaction on 5/1/2025 for $140,625,000.

10/1/2022

Arms-length$114,100,000

Buyer

Village At Bellaire Owner Llc

Seller

Moody Village One Dst

Book Number

RP-2022-493785

Recording Date

10/1/2022

Transaction Details

Village At Bellaire Owner Llc acquired the property from Moody Village One Dst through a Arms-length transaction on 10/1/2022 for $114,100,000.

7/17/2018

Arms-length$75,000,000

Buyer

Moody Village One Dst

Seller

Bellaire Houston Apartments Lp

Book Number

2018.337215

Recording Date

7/17/2018

Transaction Details

Moody Village One Dst acquired the property from Bellaire Houston Apartments Lp through a Arms-length transaction on 7/17/2018 for $75,000,000.

Property constructed in 1990

YSale Price (USD) byXSales Year

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Mortgage History

4/15/2025

Arms length residential transactions purchase or resales$112,500,000

Borrower

Maverick County Housing Finance Corporation

Lender

Pcred Ii Lending Iv Llc

Book Number

2025.161416

Recording Date

4/15/2025

Transaction Details

Maverick County Housing Finance Corporation borrowed the property from Pcred Ii Lending Iv Llc through a Arms length residential transactions purchase or resales transaction on 4/15/2025 for $112,500,000.

8/16/2018

Arms length residential transactions purchase or resales$59,355,000

Borrower

Moody Village One Dst

Lender

Key Bank Na

Book Number

2018.376812

Recording Date

8/16/2018

Transaction Details

Moody Village One Dst borrowed the property from Key Bank Na through a Arms length residential transactions purchase or resales transaction on 8/16/2018 for $59,355,000.

5/31/2006

Arms length residential transactions purchase or resales$45,700,000

Borrower

Bellaire Marquis Houston Lp

Lender

Allianz Life Insurance Co Of North Ameri

Book Number

2006.342141

Recording Date

5/31/2006

Transaction Details

Bellaire Marquis Houston Lp borrowed the property from Allianz Life Insurance Co Of North Ameri through a Arms length residential transactions purchase or resales transaction on 5/31/2006 for $45,700,000.

Property constructed in 1990

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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	$14,396,022	$69,150,780	$83,546,802	$83,546,802	Maverick County Hous...	500 Quarry St	Res A Pin Oak Green ...	5903.10	-	625,914	641,988
2025	$12,518,280	$69,109,948	$81,628,228	$81,628,228	Maverick County Hous...	500 Quarry St	Res A Pin Oak Green ...	5903.10	-	625,914	641,988
2024	$12,518,280	$66,624,098	$79,142,378	$79,142,378	Village At Bellaire ...	912 Manhattan Ave C4	Res A Pin Oak Green ...	5903.10	-	625,914	641,988
2023	$12,518,280	$67,481,720	$80,000,000	$80,000,000	Village At Bellaire ...	912 Manhattan Ave C4	Res A Pin Oak Green ...	5903.10	PIN OAK GREEN R/P	625,914	641,988
2022	$12,518,280	$62,481,720	$75,000,000	$75,000,000	Village At Bellaire ...	912 Manhattan Ave C4	Res A Pin Oak Green ...	5903.10	PIN OAK GREEN R/P	625,914	641,988
2021	$12,518,280	$57,481,720	$70,000,000	$70,000,000	Moody Village One Ds...	9655 Katy Freeway St...	Res A Pin Oak Green ...	5903.10	PIN OAK GREEN R/P	625,914	641,988
2020	$12,518,280	$62,481,720	$75,000,000	$75,000,000	Moody Village One Ds...	6363 Woodway Ste 110	Res A Pin Oak Green ...	5903.10	-	625,914	641,988
2019	$12,518,280	$55,481,720	$68,000,000	$68,000,000	Moody Village One Ds...	6363 Woodway Ste 110	Res A Pin Oak Green ...	5903.10	PIN OAK GREEN R/P	625,914	641,988
2018	$9,388,710	$61,493,959	$70,882,669	$70,882,669	Moody Village One Ds...	6363 Woodway Ste 110	Res A Pin Oak Green ...	5903.09	PIN OAK GREEN R/P	625,914	641,988
2017	$9,388,710	$63,667,768	$73,056,478	$73,056,478	Bre Bellaire Houston...	5454 Newcastle St	Res A Pin Oak Green ...	5903.09	PIN OAK GREEN R/P	625,914	641,988

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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 ↕
5454 Newcastle Dr 580, Houston, TX 77081	1170290000001	Apartments	Apartment Garden (1 - 4 stories)	Village At Bellaire Owner Llc	Harris	-	$ 140,625,000	2025-04-30	$ 219.05	1990	641,988	580
4010 Linkwood Dr 476, Houston, TX 77025	0440860000009	Apartments	Apartment Garden (1 - 4 stories)	Mvd Apartments Llc	Harris	2.5	$ 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	1.5	$ 39,290,860	2025-08-18	$ 99.07	1970	396,594	401
225 S Heights Blvd Ste 318 Ste318, Houston, TX 77007	1501060010001	Apartments	Apartment Garden (1 - 4 stories)	Velocis Arlo Spe Lp	Harris	4.7	$ 64,090,904	2025-08-15	$ 130.68	2013	490,455	318
9802 Forum Park Dr 708, Houston, TX 77036	1121370000013	Apartments	Apartment Garden (1 - 4 stories)	Westwood Houston Owner Llc	Harris	7.1	$ 83,147,700	2025-05-08	$ 132.48	1979	627,632	708
10221 Centrepark Dr 432, Houston, TX 77043	1218630000001	Apartments	Apartment Garden (1 - 4 stories)	Blex Exchange V Lp	Harris	9.4	$ 58,387,000	2025-11-24	$ 136.44	2002	427,921	432
15000 W Airport Blvd, Sugar Land, TX 77498	R302075	Apartments	Apartment Garden (1 - 4 stories)	Cep Sugar Land De Llc	Fort Bend	12.8	$ 65,982,500	2025-04-10	$ 183.22	2004	360,130	288
12000 Fleming Dr 704, Houston, TX 77013	0432110000525	Apartments	Apartment Garden (1 - 4 stories)	Timber Ridge Houston Owner Llc	Harris	14.4	$ 61,937,500	2025-04-09	$ 118.91	1981	520,866	704
1221 Redford St 856, Houston, TX 77034	1143160000004	Apartments	Apartment Garden (1 - 4 stories)	Redford Owner Llc	Harris	13.8	$ 91,475,000	2025-05-01	$ 132.46	1980	690,590	856
11805 Meadowglen Ln Ste 104 Ste104, Houston, TX 77082	1329560010001	Apartments	Apartment Garden (1 - 4 stories)	Camden Property Trust	Harris	8.1	$ 54,530,000	2025-07-30	$ 148.46	2005	367,309	104
2600 Westhollow Dr 323, Houston, TX 77082	1232640010001	Apartments	Apartment Garden (1 - 4 stories)	Parkland Scg Llc	Harris	11.2	$ 35,018,800	2024-09-18	$ 83.38	2003	419,988	323

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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 ↕
—	5454 Newcastle Dr 580, Houston, TX 77081	—	-	625,914	1990	641,988	$ 83,075,625	$ 12,518,280	-
Berkadia Commercial Mtg Llc	3411 Cummins St, Houston, TX 77027	09/15/2025	$ 8,969,000	80,620	1963	107,712	$ 12,824,987	$ 8,062,000	Va9 Greenway Court Llc
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
Bank Of The Orient	1849 Richmond Ave, Houston, TX 77098	08/27/2025	$ 930,000	8,403	1959	8,206	$ 1,126,390	$ 966,345	Dance Floor 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
Genesis Capital Llc	4509 Mount Vernon St, Houston, TX 77006	08/06/2025	$ 5,400,000	21,366	2017	27,628	$ 7,221,467	$ 1,602,450	Mvl Property Owner Llc
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
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
Pcred Ii Lending Iv Llc	5454 Newcastle Dr, Houston, TX 77081	04/15/2025	$ 112,500,000	625,914	1990	641,988	$ 83,075,625	$ 12,518,280	Maverick County Housing Finance Corporation
Lument Real Estate Capital Llc	1903 Portsmouth St, Houston, TX 77098	03/06/2025	$ 2,922,000	23,309	1964	25,062	$ 3,416,735	$ 1,748,175	Csc 1903 Portsmouth Realty Llc

Mean$ 14,637,538

Median$ 4,750,000.0

Loan Amount Range$ 500 - $ 112,500,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5454 NEWCASTLE ST, HOUSTON, TX 77081-2245	WESTMORE AT BELLAIRE APT	7133498855	APARTMENTS
5454 NEWCASTLE ST APT 1515, HOUSTON, TX 77081-2264	SPACE CITY PROPERTY BUYERS	8324090566	REAL ESTATE CONSULTANTS
5454 NEWCASTLE ST APT 1613, HOUSTON, TX 77081-2264	GUTTMAN MARKETING ADVRTSNG	7135037898	FEDERAL GOVERNMENT CONTRACTORS
5454 NEWCASTLE ST, HOUSTON, TX 77081-2245	ALLEN KELLEY ASSOC INC	7133201561	HARDWARE-RETAIL
5454 NEWCASTLE ST APT 1613, HOUSTON, TX 77081-2264	GUTTMAN MARKETING ADVRTSNG	7135037898	ADVERTISING-AGENCIES & COUNSELORS
5454 NEWCASTLE ST APT 1207, HOUSTON, TX 77081-2262	ACQUIRE AGENCY	6182722122	ADVERTISING-AGENCIES & COUNSELORS
5454 NEWCASTLE ST APT 223, HOUSTON, TX 77081-2259	BATTS, VORICE DPM	8328688923	PODIATRISTS

Showing 1 to 7 of 7 entries

Tenant Industry Distribution

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License Details

License Number

32090385256

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

6/14/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	TECH GLOBE LLC
	Address Line	5454 newcastle st apt 1514
	City / State / Zip	houston TX 77081
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	77081
Registration Details	SOS Code	A

License Timeline

License Issued

6/14/2023

Currently Active

Status: -

Renewal Required

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