2500 Citywest Blvd, Houston, TX 77042 – Office Building High Rise 5+ stories

OfficeYear Built 1982Total Assessed Value $100,103,959County Harris

Property Details

The Office property 2500 Citywest Blvd, Houston, TX 77042 is located in Harris County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $100,103,959.

The gross building area is 574,275 square feet and the land area is 314,268 square feet for this Office Building High Rise 5+ stories built in 1982.

Legal description: Res B1 B3 & B4 Citywest Place Sec 1

$100,103,959

Market Value

8.00%

Cap Rate

N/A

NOI

93%

Occupancy

Avg Rent

Property Image of 2500 Citywest Blvd, Houston, TX 77042, Office

1 / 3

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area574,275

Land Size314,268

Land Value$15,638,808

Improved Value$84,465,151

Total Assessed Value$100,103,959

Year Built1982

County NameHarris

Account Number1151720000005

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningA/C Access

HeatingForced air unit

Type ConstructionConcrete block

No of Stories25

Garage TypeYes 2178

Elevator

Food & BeveragesRestaurant

Safety & SecurityCardkey Access,Secretary Service,Security,Security System

ServicesFood Service,Postal Service,Property Manager on Site

TransportationTravel Agency

UtilitiesConferencing Facility

ClubHealth Club

Atrium1

Exterior WallsGlass

Sales History

12/12/2023

In-houseNot Disclosed

Buyer

Sdm Holdings Trust

Seller

Martin Sean

Book Number

2023.466937

Recording Date

12/12/2023

Transaction Details

Sdm Holdings Trust acquired the property from Martin Sean through a In-house transaction on 12/12/2023 for .

11/25/2013

OtherNot Disclosed

Buyer

Kirk Mcallaster

Seller

Book Number

Recording Date

11/25/2013

Transaction Details

Kirk Mcallaster acquired the property from through a Other transaction on 11/25/2013 for .

11/15/2011

Other$124,000,000

Buyer

Dean Patrinely

Seller

Book Number

0484720

Recording Date

11/15/2011

Transaction Details

Dean Patrinely acquired the property from through a Other transaction on 11/15/2011 for $124,000,000.

5/14/2010

OtherNot Disclosed

Buyer

Werner Brandt

Seller

Book Number

Recording Date

5/14/2010

Transaction Details

Werner Brandt acquired the property from through a Other transaction on 5/14/2010 for .

12/27/2005

Arms-lengthNot Disclosed

Buyer

Tpg & 2500 Citywest Lp

Seller

Tx & 2500 Citywest Lp

Book Number

Z021152

Recording Date

12/27/2005

Transaction Details

Tpg & 2500 Citywest Lp acquired the property from Tx & 2500 Citywest Lp through a Arms-length transaction on 12/27/2005 for .

10/1/1997

Other$80,900,000

Buyer

Thomas Properties Group

Seller

Prudential Ins Co America

Book Number

Recording Date

10/1/1997

Transaction Details

Thomas Properties Group acquired the property from Prudential Ins Co America through a Other transaction on 10/1/1997 for $80,900,000.

Property constructed in 1982

YSale Price (USD) byXSales Year

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Mortgage History

2/4/2020

Arms length residential transactions purchase or resales$91,000,000

Borrower

250 Citywest Blvd Llc

Lender

Book Number

2020.52615

Recording Date

2/4/2020

Transaction Details

250 Citywest Blvd Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 2/4/2020 for $91,000,000.

7/16/2010

Sale$65,000,000

Borrower

Tpg2500 Citywestlp

Lender

Book Number

Recording Date

7/16/2010

Transaction Details

Tpg2500 Citywestlp borrowed the property from through a transaction on 7/16/2010 for $65,000,000.

10/8/2010

Sale$95,000,000

Borrower

West 3 & 4 Gp Llc Etal

Lender

Book Number

Recording Date

10/8/2010

Transaction Details

West 3 & 4 Gp Llc Etal borrowed the property from through a transaction on 10/8/2010 for $95,000,000.

Property constructed in 1982

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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	$15,638,808	$81,991,023	$97,629,831	$97,629,831	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	-	314,268	574,275
2025	$15,638,808	$84,465,151	$100,103,959	$100,103,959	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	-	314,268	574,275
2024	$15,638,354	$96,286,599	$111,924,953	$111,924,953	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	-	314,268	574,275
2023	$20,851,139	$74,348,861	$95,200,000	$95,200,000	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	CITYWEST PLACE	314,268	574,275
2022	$20,851,139	$74,348,861	$95,200,000	$95,200,000	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	CITYWEST PLACE SEC 1	314,268	574,275
2021	$20,851,139	$99,831,846	$120,682,985	$120,682,985	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	CITYWEST PLACE SEC 1	314,268	574,275
2020	$20,851,139	$72,648,861	$93,500,000	$93,500,000	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	-	314,268	574,275
2018	$23,570,100	$71,929,900	$95,500,000	$95,500,000	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	CITYWEST PLACE SEC 1	314,268	574,275
2017	$23,570,100	$72,929,900	$96,500,000	$96,500,000	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	Res B1 B3 & B4 Cityw...	5910.12	CITYWEST PLACE SEC 1	314,268	574,275
2016	$23,570,100	$91,429,900	$115,000,000	$115,000,000	2500 Citywest Blvd L...	1980 Post Oak Blvd S...	RES B1 B3 & B4 CITYW...	5910.12	CITYWEST PLACE SEC 1	314,268	574,274

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Showing 1 to 10 of 17 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 ↕
2500 Citywest Blvd, Houston, TX 77042	1151720000005	Office	Office Building High Rise 5+ stories	2500 Citywest Blvd Llc	Harris	-	$ 124,000,000	2011-11-15	$ 215.92	1982	574,275	-
3100 S Gessner Rd Ste920, Houston, TX 77063	1093870000005	Office	Office Building High Rise 5+ stories	Gessner Prntrs Ltd	Harris	1.4	$ 3,059,000	2025-07-09	$ 10.62	1981	287,972	920
840 Gessner Rd 937, Houston, TX 77024	1193790010001	Office	Office Building High Rise 5+ stories	Memorial City 840 Llc	Harris	2.9	$ 59,850,000	2024-09-24	$ 174.53	1998	342,920	937
2425 W Loop S, Houston, TX 77027	0451400060400	Office	Office Building High Rise 5+ stories	Houston 2425 Galleria Llc National Bank Of Kuwait Michael Carter	Harris	6.3	$ 16,625,000	2025-02-12	$ 57.89	1979	287,207	-
3 Riverway, Houston, TX 77056	0451400050509	Office	Office Building High Rise 5+ stories	Rivercan Lp,dar 3 Riverwaylp	Harris	6.2	$ 5,400,000	2025-02-04	$ 12.91	1980	418,394	-
1401 Mckinney St, Houston, TX 77010	0011290000001	Office	Office Building High Rise 5+ stories	5 Houston Center Owner Lp	Harris	12.2	$ 192,185,000	2025-11-14	$ 316.38	2001	607,449	-
717 Texas St, Houston, TX 77002	0010590000001	Office	Office Building High Rise 5+ stories	717 Texas Lp Hines Interests Lp	Harris	12.0	$ 100,000,000	2025-03-04	$ 84.56	2002	1,182,525	-
15021 Katy Fwy, Houston, TX 77094	1303140010001	Office	Office Building High Rise 5+ stories	Ec Owner 1 Lp Invesco Advisors Inc	Harris	6.1	$ 29,925,000	2025-08-04	$ 117.90	2008	253,822	-
4265 San Felipe St, Houston, TX 77027	0813180000012	Office	Office Building High Rise 5+ stories	Dml 4265 San Felipe Llc	Harris	6.7	$ 31,122,000	2024-09-30	$ 139.22	1983	223,545	-
222 Benmar Dr 1, Houston, TX 77060	1121150000007	Office	Office Building High Rise 5+ stories	Holloway Lodging 222 Benmar Llc	Harris	17.0	$ 2,214,500	2024-07-11	$ 10.16	1994	217,930	1
11200 Westheimer Rd 630, Houston, TX 77042	0451380010060	Office	Office Building High Rise 5+ stories	Hartman Spe Llc	Harris	0.7	$ 3,325,000	2025-09-12	$ 17.31	1983	192,100	630

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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 ↕
—	2500 Citywest Blvd, Houston, TX 77042	—	-	314,268	1982	574,275	$ 100,103,959	$ 15,638,808	-
H & J Enterprise Llc	11000 Richmond Ave, Houston, TX 77042	07/25/2025	$ 3,600,000	170,555	1981	118,685	$ 7,627,609	$ 3,417,215	Beyond Richmond Houston Office
Bank Of America Na	1880 Dairy Ashford St, Houston, TX 77077	07/24/2025	$ 3,995,000	221,285	1983	168,970	$ 7,312,879	$ 1,327,710	Concordance Realty Llc
Origin Bank	1220 Augusta Dr, Houston, TX 77057	07/24/2025	$ 9,350,516	65,340	1983	116,190	$ 11,573,033	$ 2,940,300	1220 Augusta Llc
Seacoast National Bank	11300 Richmond Ave, Houston, TX 77082	07/11/2025	$ 14,560,000	261,360	1999	82,800	$ 6,240,009	$ 4,900,500	3300 Marjan Drive Llc
American First National Bank	2600 S Gessner Rd, Houston, TX 77063	06/27/2025	$ 3,150,000	152,307	1976	113,652	$ 6,254,247	$ 4,569,210
Transamerica Life Insurance Co	575 N Dairy Ashford Rd, Houston, TX 77079	06/17/2025	$ 23,500,000	189,473	2007	321,338	$ 47,000,000	$ 10,657,856	Gvaoii 575 Dairy Ashford Llc
Home Bank Na	9555 W Sam Houston Pky S, Houston, TX 77099	06/16/2025	$ 6,100,000	257,239	1982	104,371	$ 4,073,929	$ 2,893,939	Texas Cst Llc
Texas Partners Bank	3040 Post Oak Blvd, Houston, TX 77056	05/29/2025	$ 27,500,000	178,073	1983	425,826	$ 68,102,226	$ 26,710,950	3040 Post Oak Realty Llc
Ows Bca Funding Llc	3600 W Sam Houston Pky S, Houston, TX 77042	05/27/2025	$ 41,900,000	307,904	2014	291,784	$ 30,325,641	$ 17,319,600	Cc Westchase Owner Lp
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

Mean$ 22,485,664

Median$ 10,575,258.0

Loan Amount Range$ 145,000 - $ 125,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2500 CITYWEST BLVD STE 300, HOUSTON, TX 77042-3033	POWER COSTS INC	7136263399	DATA PROCESSING SOFTWARE
2500 CITYWEST BLVD STE 1110, HOUSTON, TX 77042-3049	XERON INC	7139880051	PETROLEUM PRODUCTS-MANUFACTURERS
2500 CITYWEST BLVD STE 835, HOUSTON, TX 77042-3055	OGERD CORP	7137838660	ENGINEERS-PROFESSIONAL
2500 CITYWEST BLVD STE 35, HOUSTON, TX 77042-3034	GATEWAY NEWS STAND	7135327227	NEWS DEALERS
2500 CITYWEST BLVD STE 300, HOUSTON, TX 77042-3033	TIP TOP TAX RESOLUTION INC	7135744966	TAX CONSULTANTS
2500 CITYWEST BLVD STE 740, HOUSTON, TX 77042-3033	MARK WEST PINNACLE LLC	7139659151	GAS-NATURAL
2500 CITYWEST BLVD, HOUSTON, TX 77042-3000	ARCHER TECHNICAL SVC	2813461001	SERVICES NEC
2500 CITYWEST BLVD, HOUSTON, TX 77042-3000	HOUSTON CAREER SPECIALISTS LLC	2819360376	EMPLOYMENT AGENCIES & OPPORTUNITIES
2500 CITYWEST BLVD, HOUSTON, TX 77042-3000	WIKIGLOBAL	8326337471	NONCLASSIFIED ESTABLISHMENTS
2500 CITYWEST BLVD, HOUSTON, TX 77042-3000	EXCELLENT STAFFING	7133003952	PERSONNEL CONSULTANTS

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Tenant Industry Distribution

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License Details

License Number

32084004830

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

4/7/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	THE PREMIER GROUP LLC
	Address Line	2500 citywest blvd # 150-117
	City / State / Zip	houston TX 77042
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	77042
Registration Details	SOS Code	A

License Timeline

License Issued

4/7/2022

Currently Active

Status: -

Renewal Required

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