21420 Merchants Way, Katy, TX 77449 – Office Flex Building

OfficeYear Built 2013Total Assessed Value $19,277,246County Harris

Property Details

The Office property 21420 Merchants Way, Katy, TX 77449 is located in Harris County. The specific property type is Office Flex Building. The total assessed value of this property is $19,277,246.

The gross building area is 135,688 square feet and the land area is 609,012 square feet for this Office Flex Building built in 2013.

Legal description: Res A Blk 1 & Res A Blk 1 Mason Creek Corporate Sec 11 Mason Creek Corporate Sec 1

$19,277,246

Market Value

$142.07

Price per SQFT

Aerial map view of 21420 Merchants Way, Katy, TX 77449

1 / 5

Property Information

Property TypeOffice

Sub Property TypeOffice Flex Building

Building Area135,688

Land Size609,012

Land Value$3,654,072

Improved Value$15,623,174

Total Assessed Value$19,277,246

Year Built2013

County NameHarris

Account Number1338800010001

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space73

HeatingForced air unit

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Property Details

Property Information

Property Details

The gross building area is 135,688 square feet and the land area is 609,012 square feet for this Office Flex Building built in 2013.

Legal description: Res A Blk 1 & Res A Blk 1 Mason Creek Corporate Sec 11 Mason Creek Corporate Sec 1

$13,724,701

Guesstimate™

$19,277,246

Market Value

$142.07

Price per SQFT

1 / 5

Property Information

Property TypeOffice

Sub Property TypeOffice Flex Building

Building Area135,688

Land Size609,012

Land Value$3,654,072

Improved Value$15,623,174

Total Assessed Value$19,277,246

Year Built2013

County NameHarris

Account Number1338800010001

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space73

HeatingForced air unit

Sales History

6/8/2015

Arms-length$38,500,000

Buyer

Spire Merchants Way Lp

Seller

The Reality Associates Fund X Mason Cree

Book Number

20150248604

Recording Date

6/8/2015

Transaction Details

Spire Merchants Way Lp acquired the property from The Reality Associates Fund X Mason Cree through a Arms-length transaction on 6/8/2015 for $38,500,000.

12/31/2012

OtherNot Available

Buyer

Ta Associates Realty

Seller

Book Number

Recording Date

12/31/2012

Transaction Details

Ta Associates Realty acquired the property from through a Other transaction on 12/31/2012 for Not Available.

6/21/2012

Other$3,766,968

Buyer

Seller

Parkside Remudamason, Ltd

Book Number

Recording Date

6/21/2012

Transaction Details

acquired the property from Parkside Remudamason, Ltd through a Other transaction on 6/21/2012 for $3,766,968.

6/19/2012

Other$3,766,868

Buyer

Seller

Book Number

Recording Date

6/19/2012

Transaction Details

acquired the property from through a Other transaction on 6/19/2012 for $3,766,868.

Property constructed in 2013

Mortgage History

9/10/2021

Arms length residential transactions purchase or resales$60,000,000

Borrower

Spire Merchants Way Lp

Lender

Porontodominion Bank

Book Number

2021.522660

Recording Date

9/10/2021

Transaction Details

Spire Merchants Way Lp borrowed the property from Porontodominion Bank through a Arms length residential transactions purchase or resales transaction on 9/10/2021 for $60,000,000.

Property constructed in 2013

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	$3,654,072	$15,623,174	$19,277,246	$19,277,246	Spire Merchants Way ...	420 1508 W Broadway	Res A Blk 1 & Res A ...	5986.75	-	609,012	135,688
2025	$3,654,072	$19,699,548	$23,353,620	$23,353,620	Spire Merchants Way ...	420 1508 W Broadway	Res A Blk 1 & Res A ...	5986.75	Mason Crk Corporate ...	609,012	135,688
2024	$6,090,120	$19,388,270	$25,478,390	$25,478,390	Spire Merchants Way ...	420 1508 W Broadway	Res A Blk 1 & Res A ...	5986.75	Mason Crk Corporate ...	609,012	135,688
2023	$6,090,120	$19,509,880	$25,600,000	$25,600,000	Spire Merchants Way ...	420-1508 W Broadway	Res A Blk 1 & Res A ...	5986.75	MASON CRK CORPORATE ...	609,012	135,688
2022	$6,090,120	$19,009,880	$25,100,000	$25,100,000	Spire Merchants Way ...	420-1508 W Broadway	Res A Blk 1 & Res A ...	5986.75	MASON CRK CORPORATE ...	609,012	135,688
2021	$6,090,120	$18,959,880	$25,050,000	$25,050,000	Spire Merchants Way ...	420 1508 W Broadway	Res A Blk 1 & Res A ...	9656.00	MASON CRK CORPORATE ...	609,012	135,688
2020	$6,090,120	$18,909,880	$25,000,000	$25,000,000	Spire Merchants Way ...	420-1508 W Broadway	Res A Blk 1 & Res A ...	9656.00	-	609,012	135,688
2019	$6,090,120	$18,909,880	$25,000,000	$25,000,000	Spire Merchants Way ...	420-1508 W Broadway	Res A Blk 1 & Res A ...	9656.00	-	609,012	135,688
2018	$4,708,840	$20,291,160	$25,000,000	$25,000,000	Spire Merchants Way ...	420-1508 W Broadway	Res A Blk 1 Mason Cr...	9656.00	-	470,884	135,688
2017	$4,708,840	$21,280,977	$25,989,817	$25,989,817	Spire Merchants Way ...	420-1508 W Broadway	Res A Blk 1 Mason Cr...	9656.00	-	470,884	135,688

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