4950 Fm 1960 Rd W, Houston, TX 77069 – Strip Shopping Center

RetailYear Built 1983Total Assessed Value $3,927,331County Harris

Property Details

The Retail property 4950 Fm 1960 Rd W, Houston, TX 77069 is located in Harris County. The specific property type is Strip Shopping Center. The total assessed value of this property is $3,927,331.

The gross building area is 69,924 square feet and the land area is 201,260 square feet for this Strip Shopping Center built in 1983.

Legal description: Trs 19C 19H 19J & 19K Abst 618 B Page

$3,927,331

Market Value

$56.17

Price per SQFT

Aerial map view of 4950 Fm 1960 Rd W, Houston, TX 77069

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Property Information

Property TypeRetail

Sub Property TypeStrip Shopping Center

Building Area69,924

Land Size201,260

Land Value$2,012,600

Improved Value$1,914,731

Total Assessed Value$3,927,331

Year Built1983

County NameHarris

Account Number0440420000252

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionSteel

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Comparables

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Property Details

Property Information

Property Details

The gross building area is 69,924 square feet and the land area is 201,260 square feet for this Strip Shopping Center built in 1983.

Legal description: Trs 19C 19H 19J & 19K Abst 618 B Page

$7,262,924

Guesstimate™

$3,927,331

Market Value

$56.17

Price per SQFT

1 / 5

Property Information

Property TypeRetail

Sub Property TypeStrip Shopping Center

Building Area69,924

Land Size201,260

Land Value$2,012,600

Improved Value$1,914,731

Total Assessed Value$3,927,331

Year Built1983

County NameHarris

Account Number0440420000252

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionSteel

Sales History

4/30/2009

Arms-length$3,026,432

Buyer

Chelsea Commons Llc

Seller

Chelsea Shopping Center Ltd

Book Number

20090209302

Recording Date

4/30/2009

Transaction Details

Chelsea Commons Llc acquired the property from Chelsea Shopping Center Ltd through a Arms-length transaction on 4/30/2009 for $3,026,432.

12/15/1994

Other$3,550,000

Buyer

Vintage Park

Seller

Lutheran Brotherhood

Book Number

Recording Date

12/15/1994

Transaction Details

Vintage Park acquired the property from Lutheran Brotherhood through a Other transaction on 12/15/1994 for $3,550,000.

Property constructed in 1983

Mortgage History

11/10/2017

Arms length residential transactions purchase or resales$1,400,000

Borrower

Chelsea Commons Llc

Lender

East West Bank

Book Number

2017.509324

Recording Date

11/10/2017

Transaction Details

Chelsea Commons Llc borrowed the property from East West Bank through a Arms length residential transactions purchase or resales transaction on 11/10/2017 for $1,400,000.

10/2/2012

Arms length residential transactions purchase or resales$30,000,000

Borrower

Hartman Income Reit Operating

Lender

Texas Capital Bank National As

Book Number

2012.455967

Recording Date

10/2/2012

Transaction Details

Hartman Income Reit Operating borrowed the property from Texas Capital Bank National As through a Arms length residential transactions purchase or resales transaction on 10/2/2012 for $30,000,000.

5/13/2009

Sale$1,300,000

Borrower

The Malachite Group Of Texas Inc

Lender

Book Number

Recording Date

5/13/2009

Transaction Details

The Malachite Group Of Texas Inc borrowed the property from through a transaction on 5/13/2009 for $1,300,000.

Property constructed in 1983

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	$2,012,600	$1,914,731	$3,927,331	$3,927,331	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	-	201,260	69,924
2025	$2,012,600	$2,062,112	$4,074,712	$4,074,712	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	Abst 618 B Page	201,260	69,924
2024	$2,012,600	$1,923,390	$3,935,990	$3,935,990	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	Abst 618 B Page	201,260	69,924
2023	$2,012,600	$2,079,898	$4,092,498	$4,092,498	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	ABST 618 B PAGE	201,260	69,924
2022	$2,012,600	$1,585,854	$3,598,454	$3,598,454	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	ABST 618 B PAGE	201,260	69,924
2021	$2,012,600	$1,532,618	$3,545,218	$3,545,218	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	ABST 618 B PAGE	201,260	69,924
2020	$2,012,600	$1,421,180	$3,433,780	$3,433,780	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	-	201,260	69,924
2019	$2,012,600	$1,393,153	$3,405,753	$3,405,753	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	ABST 618 B PAGE	201,260	69,924
2018	$2,012,600	$1,263,704	$3,276,304	$3,276,304	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	ABST 618 B PAGE	201,260	69,924
2017	$2,012,600	$1,111,276	$3,123,876	$3,123,876	Chelsea Commons Llc	1955 W T C Jester Bl...	Trs 19C 19H 19J & 19...	9508.02	ABST 618 B PAGE	201,260	69,924

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