7575 Plum Creek Dr 1502, Houston, TX 77012 – Subsidized Housing (LUC Only)

ApartmentsYear Built 1973Total Assessed Value $71,884,229County Harris

Property Details

The Apartments property 7575 Plum Creek Dr 1502, Houston, TX 77012 is located in Harris County. The specific property type is Subsidized Housing (LUC Only). The total assessed value of this property is $71,884,229.

The gross building area is 1,171,276 square feet and the land area is 1,924,786 square feet for this Subsidized Housing (LUC Only) built in 1973.

Legal description: Trs 28J 28K 28L & 28M Abst 27 J R Harris

$71,884,229

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,016

Avg Rent

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Property Information

Property TypeApartments

Sub Property TypeSubsidized Housing (LUC Only)

Building Area1,171,276

Land Size1,924,786

Land Value$6,736,751

Improved Value$65,147,478

Total Assessed Value$71,884,229

Year Built1973

County NameHarris

Account Number0402340000087

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

PoolSwimming Pools

Type ConstructionBrick

No of Stories2

Total Rooms2

Bedrooms1

Bathrooms8

PatioAvailable

Business Center1

Walk-in Closets1

Granite Countertops1

Number of Units1502

Exterior WallsRock, stone

Sales History

7/2/2007

Arms-length$31,015,000

Buyer

Tdi Willow Creek Property Llc

Seller

Texas Development Investors Llc

Book Number

20070430303

Recording Date

7/2/2007

Transaction Details

Tdi Willow Creek Property Llc acquired the property from Texas Development Investors Llc through a Arms-length transaction on 7/2/2007 for $31,015,000.

9/21/1994

Other$4,773,120

Buyer

Seller

Book Number

Recording Date

9/21/1994

Transaction Details

acquired the property from through a Other transaction on 9/21/1994 for $4,773,120.

Property constructed in 1973

YSale Price (USD) byXSales Year

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Mortgage History

7/2/2007

New construction residential transactions$24,812,000

Borrower

Tdi Willow Creek Property Llc

Lender

Capmark Bank

Book Number

20070430304

Recording Date

7/2/2007

Transaction Details

Tdi Willow Creek Property Llc borrowed the property from Capmark Bank through a New construction residential transactions transaction on 7/2/2007 for $24,812,000.

Property constructed in 1973

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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	$6,736,751	$69,356,644	$76,093,395	$76,093,395	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	-	1,924,786	1,171,276
2025	$6,736,751	$60,063,249	$66,800,000	$66,800,000	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	John R Harris Surv A...	1,924,786	1,171,276
2024	$6,736,751	$55,263,249	$62,000,000	$62,000,000	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	John R Harris Surv A...	1,924,786	1,171,276
2023	$6,736,751	$52,763,249	$59,500,000	$59,500,000	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	JOHN R HARRIS SURV A...	1,924,786	1,171,276
2022	$6,736,751	$45,263,249	$52,000,000	$52,000,000	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	JOHN R HARRIS SURV A...	1,924,786	1,171,276
2021	$6,736,751	$39,263,249	$46,000,000	$46,000,000	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	JOHN R HARRIS SURV A...	1,924,786	1,171,276
2020	$6,736,751	$26,763,249	$33,500,000	$33,500,000	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	-	1,924,786	1,171,276
2019	$6,736,751	$21,674,395	$28,411,146	$28,411,146	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	-	1,924,786	1,171,276
2018	$6,736,751	$17,965,962	$24,702,713	$24,702,713	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	-	1,924,786	1,171,276
2017	$5,774,358	$18,096,382	$23,870,740	$23,870,740	Tdi Willow Creek Pro...	6133 Bristol Pkwy St...	Trs 28J 28K 28L & 28...	5915.00	-	1,924,786	1,171,276

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Comparables

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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 ↕
—	7575 Plum Creek Dr 1502, Houston, TX 77012	—	-	1,924,786	1973	1,171,276	$ 71,884,229	$ 6,736,751	-
Susbar Inc	7201 Spencer Hwy 442, Deer Park, TX 77536	08/07/2025	$ 2,000,000	1,019,130	1972	460,310	$ 30,279,656	$ 8,153,040	Falls Of Deer Park De Llc
Skyla Federal Credit Union	910 Davis Ave, Gastonia, NC 28054	06/20/2025	$ 3,000,000	93,654	1994	10,080	$ 1,598,800	-	-
Rtor Spv Jmrl I Llc	12800 Woodforest Blvd, Houston, TX 77015	06/18/2025	$ 12,219,410	755,984	1981	377,109	$ 24,832,522	$ 3,023,936	Rockfish Capital Imperial Valley Llc
Susbar Texas Inc	7313 Northline Dr, Houston, TX 77076	05/21/2025	$ 5,200,000	435,600	1971	184,536	$ 13,305,798	$ 2,178,000	Northline Apartments Ltd
Minnesota Housing Fin Agency	04810 Nord Dr, Bloomington, MN 55437	05/05/2025	$ 522,311	113,692	1991	12,810	$ 2,274,600	$ 438,900
Minnesota Housing Fin Agency	04810 Nord Dr, Bloomington, MN 55437	05/05/2025	$ 522,311	113,692	1991	12,810	$ 2,274,600	$ 438,900	-
Frost Bank	2222 Austin St, Houston, TX 77002	04/17/2025	$ 1,600,000	4,875	1997	28,174	-	-	Aids Foundation Houston Inc
Frost Bank	312 W Alabama St, Houston, TX 77006	04/17/2025	$ 1,600,000	18,750	1958	15,748	-	-	Aids Foundation Houston Inc
1st National Bank	770 Julia Dr, Franklin, OH 45005	03/20/2025	$ 180,000	8,400	1961	1,323	$ 36,502	$ 8,750
Bellwether Ent Re Cap Llc	09100 Old Cedar Ave S, Bloomington, MN 55425	02/21/2025	$ 5,285,000	220,414	1964	27,638	$ 7,463,400	$ 1,280,000

Mean$ 6,074,492

Median$ 1,600,000.0

Loan Amount Range$ 32,500 - $ 31,785,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32082698153

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/13/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	MANCILLAS PLUMBING LLC
	Address Line	7575 plum creek dr apt 7615
	City / State / Zip	houston TX 77012
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	77012
Registration Details	SOS Code	A

License Timeline

License Issued

1/13/2022

Currently Active

Status: -

Renewal Required

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