5280 Caroline St 233, Houston, TX 77004 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2015Total Assessed Value $89,000,000County Harris

Property Details

The Apartments property 5280 Caroline St 233, Houston, TX 77004 is located in Harris County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $89,000,000.

The gross building area is 320,710 square feet and the land area is 51,714 square feet for this Apartment High Rise (5+ stories) built in 2015.

Legal description: Res A Blk 1 Macgregor & Demeritts Southmore Sec 2 Par R/P

$89,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,334

Avg Rent

Property Image of 5280 Caroline St 233, Houston, TX 77004, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area320,710

Land Size51,714

Land Value$10,342,800

Improved Value$78,657,200

Total Assessed Value$89,000,000

Year Built2015

County NameHarris

Account Number0332780010001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space748

HeatingForced air unit

PoolSwimming Pools

Type ConstructionMasonry

No of Stories18

Garage TypeParking Garage

Bathrooms18

PatioAvailable

Business Center1

Furnished Units1

Walk-in Closets1

Concierge1

Granite Countertops1

Steel Appliances1

Refrigerator1

10ft Ceilings1

Number of Units233

Elevator

Exterior WallsGlass

Sales History

8/29/2024

Arms-lengthNot Disclosed

Buyer

Caroline Tx Partners Lp

Seller

Hm Southmore Llc

Book Number

2024.317641

Recording Date

8/29/2024

Transaction Details

Caroline Tx Partners Lp acquired the property from Hm Southmore Llc through a Arms-length transaction on 8/29/2024 for .

Property constructed in 2015

YSale Price (USD) byXSales Year

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Mortgage History

10/16/2024

Arms length residential transactions purchase or resales$5,600,000

Borrower

Caroline Tx Partners Lp

Lender

Sdf Reit Holdco Llc

Book Number

2024.383814

Recording Date

10/16/2024

Transaction Details

Caroline Tx Partners Lp borrowed the property from Sdf Reit Holdco Llc through a Arms length residential transactions purchase or resales transaction on 10/16/2024 for $5,600,000.

Property constructed in 2015

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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	$10,342,800	$82,035,167	$92,377,967	$92,377,967	Caroline Tx Partners...	3424 Peachtree Rd Ne...	Res A Blk 1 Macgrego...	5903.01	-	51,714	320,710
2025	$10,342,800	$78,657,200	$89,000,000	$89,000,000	Caroline Tx Partners...	3424 Peachtree Rd Ne...	Res A Blk 1 Macgrego...	5903.01	-	51,714	320,710
2024	$10,342,800	$81,641,438	$91,984,238	$91,984,238	Hm Southmore Llc	845 Texas Ave Ste 33...	Res A Blk 1 Macgrego...	5903.01	-	51,714	320,710
2023	$4,137,120	$83,362,880	$87,500,000	$87,500,000	Hm Southmore Llc	845 Texas Ave Ste 33...	Res A Blk 1 Macgrego...	5903.01	MACGREGOR & DEMERITT...	51,714	320,710
2022	$4,137,120	$80,862,880	$85,000,000	$85,000,000	Hm Southmore Llc	845 Texas Ave Ste 33...	Res A Blk 1 Macgrego...	5903.01	MACGREGOR & DEMERITT...	51,714	320,710
2021	$4,137,120	$79,362,880	$83,500,000	$83,500,000	Hm Southmore Llc	609 Main St Ste 2400	Res A Blk 1 Macgrego...	5903.01	MACGREGOR & DEMERITT...	51,714	320,710
2020	$8,274,240	$74,975,760	$83,250,000	$83,250,000	Hm Southmore Llc	609 Main St Ste 4400	Res A Blk 1 Macgrego...	5903.01	-	51,714	320,710
2019	$8,274,240	$74,970,244	$83,244,484	$83,244,484	Hm Southmore Llc	609 Main St Ste 4400	Res A Blk 1 Macgrego...	5903.01	MACGREGOR & DEMERITT...	51,714	320,710
2018	$3,102,840	$77,237,689	$80,340,529	$80,340,529	Hm Southmore Llc	609 Main St Ste 4400	Res A Blk 1 Macgrego...	5903.01	MACGREGOR & DEMERITT...	51,714	320,710
2017	$3,102,840	$52,831,368	$55,934,208	$55,934,208	Hm Southmore Llc	2800 Post Oak Blvd S...	Res A Blk 1 Macgrego...	5903.01	-	51,714	292,394

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Showing 1 to 10 of 12 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 ↕
5280 Caroline St 233, Houston, TX 77004	0332780010001	Apartments	Apartment High Rise (5+ stories)	Caroline Tx Partners Lp	Harris	-	-	-	-	2015	320,710	233
301 St Joseph Pky 379, Houston, TX 77002	1274570010001	Apartments	Apartment High Rise (5+ stories)	2009 Cpt Community Owner Llc	Harris	2.0	$ 107,198,000	2025-11-13	$ 290.50	2006	369,017	379
409 Travis St 274, Houston, TX 77002	1355320010001	Apartments	Apartment High Rise (5+ stories)	Hm Aris Llc Et Al	Harris	2.8	$ 77,492,450	2025-01-28	$ 215.23	2015	360,043	274
6301 Almeda Rd 320, Houston, TX 77021	1202420010001	Apartments	Apartment High Rise (5+ stories)	Maverick County Housing Finance Corp	Harris	1.3	$ 56,712,500	2024-12-18	$ 168.60	1999	336,382	320
4899 Montrose Blvd Ste 187 Ste187, Houston, TX 77006	1215190010001	Apartments	Apartment High Rise (5+ stories)	Finger Fsc Montrose Ltd	Harris	0.4	$ 71,820,000	2025-07-05	$ 127.06	2002	565,246	187
7655 Washington Ave 356, Houston, TX 77007	1501110010001	Apartments	Apartment High Rise (5+ stories)	Pmp Investment Llc	Harris	4.6	$ 75,625,000	2025-05-16	$ 232.90	2019	324,709	356
2300 Mccue Rd 299, Houston, TX 77056	1184790000001	Apartments	Apartment High Rise (5+ stories)	T C Montecito Llc	Harris	5.0	$ 43,890,000	2025-09-17	$ 137.56	1996	319,072	299
2724 Kipling St 302, Houston, TX 77098	1332230010001	Apartments	Apartment High Rise (5+ stories)	2724 Kipling Owner Llc	Harris	2.3	$ 54,131,000	2024-07-30	$ 187.72	2012	288,358	302
3300 Main St 328, Houston, TX 77002	1373900010001	Apartments	Apartment High Rise (5+ stories)	3300 Main Project Owner Lp	Harris	1.1	$ 80,249,540	2024-09-19	$ 199.53	2018	402,195	328
3400 Montrose Blvd 327, Houston, TX 77006	1354850010001	Apartments	Apartment High Rise (5+ stories)	H & P Montrose Holdings Llc	Harris	1.1	$ 81,795,000	2024-08-19	$ 245.70	2015	332,908	327
3100 Post Oak Blvd 272, Houston, TX 77056	1333620010001	Apartments	Apartment High Rise (5+ stories)	Broadstone Post Oak Owner Llc	Harris	4.6	$ 48,545,000	2024-06-12	$ 195.89	2013	247,815	272

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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 ↕
—	5280 Caroline St 233, Houston, TX 77004	—	-	51,714	2015	320,710	$ 89,000,000	$ 10,342,800	-
Bank Of The Orient	5400 Memorial Dr, Houston, TX 77007	08/14/2025	$ 9,220,000	88,142	1965	173,913	$ 14,073,794	$ 6,610,650	Fell In Love Llc
Acre Credit Fund Ii Gs Ii Llc	92 Jensen Rd, Houston, TX 77020	08/14/2025	$ 58,000,000	211,222	2022	437,515	$ 83,553,338	$ 2,112,220	East River Residential One Llc
Regions Bank	3275 Summer St, Houston, TX 77007	08/06/2025	$ 29,092,000	101,743	2020	161,461	-	-	Dtc Ss Coop Llc
Keybank National Association	929 Westcott St, Houston, TX 77007	07/16/2025	$ 94,545,000	123,623	2019	432,689	$ 126,500,000	$ 6,304,773	Mpw Owner Lp
Fbred Bdc Finance Llc	2221 W Dallas St, Houston, TX 77019	06/27/2025	$ 58,500,000	249,947	2008	415,827	$ 87,609,142	$ 23,744,965	Us Living Montrose Llc
Truist Bank	3003 Memorial Ct 380, Houston, TX 77007	06/10/2025	$ 57,000,000	435,600	2000	466,392	$ 85,294,052	$ 37,026,000	Cb Marcella Memorial Heights L
Velocity Commercial Cap Llc	5302 La Branch St, Houston, TX 77004	06/05/2025	$ 1,527,500	6,562	1960	10,640	$ 1,312,610	$ 524,960	Reggae Hut Inc
Citibank Na	1120 Moy St, Houston, TX 77007	04/11/2025	$ 9,240,000	34,243	2021	150,400	$ 6,769,708	$ 2,739,440	Heritage Senior Residences Lp
Regions Bank	1111 W 6th St, Houston, TX 77007	01/30/2025	$ 39,805,000	156,032	2021	264,101	$ 68,122,140	$ 18,009,744	Fairfield Shepherd Partnership
Berkeley Point Capital Llc	409 Travis St, Houston, TX 77002	01/28/2025	$ 58,265,000	35,257	2015	360,043	$ 105,740,535	$ 10,577,100	Hsc Aris Llc

Mean$ 37,105,650

Median$ 31,000,000.0

Loan Amount Range$ 183,820 - $ 97,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5280 CAROLINE ST APT 1510, HOUSTON, TX 77004-5885	CREGAN DESIGN INC	7135284808	GRAPHIC DESIGNERS
5280 CAROLINE ST # 100, HOUSTON, TX 77004-5882	HOUSTON ARTS ALLIANCE	7136305210	NON-PROFIT ORGANIZATIONS
5280 CAROLINE ST # 100, HOUSTON, TX 77004-5882	HOUSTON ARTS ALLIANCE	7135279330	NON-PROFIT ORGANIZATIONS
5280 CAROLINE ST, HOUSTON, TX 77004-5882	SOUTHMORE APARTMENTS	7135205280	REAL ESTATE
5280 CAROLINE ST, HOUSTON, TX 77004-5882	SOUTHMORE APARTMENTS	7135205280	REAL ESTATE INVESTMENTS
5280 CAROLINE ST # 100, HOUSTON, TX 77004-5882	HOUSTON ARTS ALLIANCE	7135279330	ASSOCIATIONS
5280 CAROLINE ST # 100, HOUSTON, TX 77004-5882	HOUSTON ARTS ALLIANCE	7135279330	ARTS ORGANIZATIONS & INFORMATION

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Tenant Industry Distribution

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License Details

License Number

32092455594

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

11/10/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	DR. HEARTBEATS PLLC
	Address Line	5280 caroline st apt 2003
	City / State / Zip	houston TX 77004
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	77004
Registration Details	SOS Code	A

License Timeline

License Issued

11/10/2023

Currently Active

Status: -

Renewal Required

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