1300 Lamar St 468, Houston, TX 77010 – Hotel/Motel, High-rise (4+ stories)

ServiceYear Built 1981Total Assessed Value $94,180,043County Harris

Property Details

The Service property 1300 Lamar St 468, Houston, TX 77010 is located in Harris County. The specific property type is Hotel/Motel, High-rise (4+ stories). The total assessed value of this property is $94,180,043.

The gross building area is 503,490 square feet and the land area is 62,500 square feet for this Hotel/Motel, High-rise (4+ stories) built in 1981.

Legal description: Unit C-1 Private Residences Condo Amend

$94,180,043

Market Value

8.25%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,797

Avg Rent

Property Image of 1300 Lamar St 468, Houston, TX 77010, Service

1 / 3

Property Information

Property TypeService

Sub Property TypeHotel/Motel, High-rise (4+ stories)

Building Area503,490

Land Size62,500

Land Value$18,750,000

Improved Value$75,430,043

Total Assessed Value$94,180,043

Year Built1981

County NameHarris

Account Number1251060000048

Cap Rate8.25%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space13

HeatingSteam

Pool1608

Type ConstructionBrick

No of Stories29

Garage TypeCarport 0

Total Rooms468

Number of Units468

Elevator

Exterior WallsRock, stone

Sales History

9/30/2013

Arms-length$140,000,000

Buyer

Mt Jefferson Holdings Llc

Seller

Hef Houston Lp

Book Number

20130503180

Recording Date

9/30/2013

Transaction Details

Mt Jefferson Holdings Llc acquired the property from Hef Houston Lp through a Arms-length transaction on 9/30/2013 for $140,000,000.

Property constructed in 1981

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

12/20/2011

Sale$75,000,000

Borrower

Maritz Wolff & Co

Lender

Book Number

Recording Date

12/20/2011

Transaction Details

Maritz Wolff & Co borrowed the property from through a transaction on 12/20/2011 for $75,000,000.

12/22/2011

Arms length residential transactions purchase or resales$75,000,000

Borrower

Hef Houston Lp

Lender

Metropolitan Life Insurance Co

Book Number

2011.537866

Recording Date

12/22/2011

Transaction Details

Hef Houston Lp borrowed the property from Metropolitan Life Insurance Co through a Arms length residential transactions purchase or resales transaction on 12/22/2011 for $75,000,000.

12/21/2006

Arms length residential transactions purchase or resales$75,000,000

Borrower

Hef Houston Lp

Lender

Metropolitan Life Insurance Co

Book Number

2006.279587

Recording Date

12/21/2006

Transaction Details

Property constructed in 1981

Loading Mortgage History...

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	$18,750,000	$81,466,609	$100,216,609	$100,216,609	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	-	62,500	503,490
2025	$18,750,000	$69,681,491	$88,431,491	$88,431,491	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	-	62,500	503,490
2024	$18,750,000	$48,530,091	$67,280,091	$67,280,091	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	-	62,500	503,490
2023	$18,750,000	$40,705,119	$59,455,119	$59,455,119	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	PRIVATE RESIDENCES C...	62,500	503,490
2022	$18,750,000	$38,569,163	$57,319,163	$57,319,163	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	PRIVATE RESIDENCES C...	62,500	515,863
2021	$18,750,000	$34,250,000	$53,000,000	$53,000,000	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	PRIVATE RESIDENCES C...	62,500	515,863
2020	$18,750,000	$49,250,000	$68,000,000	$68,000,000	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	-	62,500	515,863
2019	$18,750,000	$57,575,455	$76,325,455	$76,325,455	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	PRIVATE RESIDENCES C...	62,500	515,863
2018	$18,750,000	$54,905,056	$73,655,056	$73,655,056	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	PRIVATE RESIDENCES C...	62,500	515,863
2017	$18,750,000	$52,242,243	$70,992,243	$70,992,243	Mt Jefferson Holding...	2365 Carillon Pt	Unit C-1 Private Res...	5900.03	PRIVATE RESIDENCES C...	62,500	515,863

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1300 Lamar St 468, Houston, TX 77010	1251060000048	Service	Hotel/Motel, High-rise (4+ stories)	Mt Jefferson Holdings Llc	Harris	-	$ 140,000,000	2013-09-30	$ 278.06	1981	503,490	468
5701 Main St 315, Houston, TX 77005	0391560000001	Service	Hotel/Motel, High-rise (4+ stories)	Rb Zaza Houston Llc	Harris	2.6	$ 60,000,000	2024-12-09	$ 227.38	1952	263,877	315
15222 Jfk Blvd 415, Houston, TX 77032	0461780000028	Service	Hotel/Motel, High-rise (4+ stories)	Krishna Iah Llc	Harris	12.9	$ 17,556,000	2025-11-18	$ 72.38	1971	242,564	415
2712 Sw Fwy 355, Houston, TX 77098	0760370000001	Service	Hotel/Motel, High-rise (4+ stories)	Comm 2014ccre17 Crowne Plaza Hou Llc,comm 2014ccre17 Crowne Plaza Hou	Harris	3.9	$ 24,195,000	2025-02-04	$ 97.32	1984	248,610	355
425 N Sam Houston Pky E 334, Houston, TX 77060	1144680020001	Service	Hotel/Motel, High-rise (4+ stories)	Imperial Hotels Llc	Harris	13.1	$ 14,250,000	2024-09-12	$ 58.43	1981	243,899	334
801universitydre, College Station, TX 77840	45744	Service	Hotel/Motel, High-rise (4+ stories)	Calgary Square Eat Llc	Brazos	84.3	$ 20,947,500	2026-01-30	$ 94.01	1984	222,830	1
6750 Main St 354, Houston, TX 77030	1380290000002	Service	Hotel/Motel, High-rise (4+ stories)	Scp 6750 Main Street Llc	Harris	4.1	$ 86,500,000	2023-09-21	$ 303.16	2016	285,326	354
811 Commerce St, Fort Worth, TX 76102	00005649	Service	Hotel/Motel, High-rise (4+ stories)	Glf Fw Hotel Llc	Tarrant	238.9	$ 12,768,000	2025-08-19	$ 53.41	1967	239,040	-
1717 N Akard St, Dallas, TX 75201	00000112297000000	Service	Hotel/Motel, High-rise (4+ stories)	-	Dallas	227.4	$ 147,430,500	2025-03-12	$ 254.61	1961	579,037	545
4650 W Airport Fwy, Irving, TX 75062	32543200010010000	Service	Hotel/Motel, High-rise (4+ stories)	Sirmaur Dfw Hotels Lp	Dallas	235.7	$ 23,940,000	2024-11-20	$ 131.46	1984	182,111	305
13131 N Central Expy, Dallas, TX 75243	0077560E0016B0000	Service	Hotel/Motel, High-rise (4+ stories)	13131 N Central Expy Llc	Dallas	235.7	$ 22,610,000	2024-07-24	$ 98.60	1984	229,300	279

Loading Comparables...

Nearby Lenders

Showentries

Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1300 Lamar St 468, Houston, TX 77010	—	-	62,500	1981	503,490	$ 94,180,043	$ 18,750,000	-
Western Alliance Bank	718 Crawford St, Houston, TX 77002	09/04/2025	$ 47,000,000	31,250	2014	232,083	$ 43,274,033	$ 6,250,000	Alh Properties No Twenty One L
Hanmi Bank	1810 Bell St, Houston, TX 77003	07/31/2025	$ 345,000	57,626	2000	68,637	$ 10,165,750	$ 3,745,690	North American Properties Ltd
First National Bank	1303 La Concha Ln Ste85, Houston, TX 77054	07/24/2025	$ 5,250,000	92,683	1997	49,212	$ 5,033,567	$ 2,317,075	La Concha Hospitality Llc
Wallis Bank	1750 W Loop S, Houston, TX 77027	07/10/2025	$ 6,500,000	64,989	1977	164,996	$ 29,635,498	$ 8,123,625	1750 W Loop Partners Llc
Hancock Whitney Bank	6687 Sw Fwy 111, Houston, TX 77074	05/28/2025	$ 4,200,143	76,343	1993	52,846	$ 4,058,572	$ 1,908,575	6671 Sw Frwy Llc
Lrecs Holdings Ia Llc	1616 Main St, Houston, TX 77002	04/30/2025	$ 23,000,000	7,205	1966	108,288	$ 7,913,462	$ 2,161,500	Htown Hotels Llc
Grand Pacific Financing Corp	8720 Gulf Fwy 79, Houston, TX 77017	04/09/2025	$ 3,132,500	79,523	2009	48,000	$ 3,462,247	$ 1,362,564	South Bayou Hospitality Inc
Wells Fargo Bank Na	1515 Dallas St, Houston, TX 77010	03/28/2025	$ 40,750,000	17,500	2009	232,612	$ 40,744,816	$ 5,250,000	Alh Properties No Fourteen Lp
Woodforest National Bank	3410 Montrose Blvd, Houston, TX 77006	03/27/2025	$ 7,267,106	22,542	1923	11,173	$ 3,352,727	$ 2,592,330	La Colombe Dor Properties Llc
Poppy Bank	1715 Old Spanish Trl, Houston, TX 77054	03/17/2025	$ 9,794,500	80,529	1997	69,381	$ 12,307,278	$ 4,831,740	Elite Medical Center Hotel Llc

Mean$ 31,750,207

Median$ 8,647,250.0

Loan Amount Range$ 345,000 - $ 325,000,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Showentries

Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1300 LAMAR ST, HOUSTON, TX 77010-3017	PSAV PRESENTATION SVC	7135718980	AUDIO-VISUAL PRODUCTION SERVICE
1300 LAMAR ST, HOUSTON, TX 77010-3017	PSAV PRESENTATION SVC	7135718980	MUSIC & LIVE ENTERTAINMENT
1300 LAMAR ST, HOUSTON, TX 77010-3017	SWANK AUDIO VISUALS	7136595444	AUDIO-VISUAL EQUIPMENT & SUPLS (WHLS)
1300 LAMAR ST, HOUSTON, TX 77010-3017	PSAV PRESENTATION SVC	7135718980	RECORDING STUDIOS
1300 LAMAR ST, HOUSTON, TX 77010-3017	BAYOU BOTTLE	7132764715	COCKTAIL LOUNGES
1300 LAMAR ST, HOUSTON, TX 77010-3017	QUATTRO RESTAURANT	7132764700	RESTAURANTS
1300 LAMAR ST, HOUSTON, TX 77010-3017	QUATTRO	7136501300	RESTAURANTS
1300 LAMAR ST, HOUSTON, TX 77010-3017	SWANK AUDIO VISUALS	7135718980	AUDIO-VISUAL EQUIPMENT-DEALERS
1300 LAMAR ST, HOUSTON, TX 77010-3017	SPA FITNS CTR AT FOUR SEASONS	7136526219	SPAS-BEAUTY & DAY
1300 LAMAR ST, HOUSTON, TX 77010-3017	DEVILLE RESTAURANT	7136526250	RESTAURANTS

Showing 1 to 10 of 16 entries

Tenant Industry Distribution

Loading Tenants...

License Details

This details prefers to stay low-key.

Loading License Details...