4078 Westheimer Rd, Houston, TX 77027 – Community Shopping Center

RetailYear Built 1950Total Assessed Value $78,478,334County Harris

Property Details

The Retail property 4078 Westheimer Rd, Houston, TX 77027 is located in Harris County. The specific property type is Community Shopping Center. The total assessed value of this property is $78,478,334.

The gross building area is 105,203 square feet and the land area is 233,870 square feet for this Community Shopping Center built in 1950.

Legal description: Res A Blk 1 Highland Village Shopping Center Sec 1

$78,478,334

Market Value

8.40%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 4078 Westheimer Rd, Houston, TX 77027, Retail

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Property Information

Property TypeRetail

Sub Property TypeCommunity Shopping Center

Building Area105,203

Land Size233,870

Land Value$23,387,000

Improved Value$55,091,334

Total Assessed Value$78,478,334

Year Built1950

County NameHarris

Account Number1316500010001

Cap Rate8.40%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionBrick

No of Stories1

Exterior WallsRock, stone

Sales History

This details prefers to stay low-key.

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Mortgage History

7/1/2014

Sale$75,000,000

Borrower

Highland Village Holding Inc

Lender

Book Number

Recording Date

7/1/2014

Transaction Details

Highland Village Holding Inc borrowed the property from through a transaction on 7/1/2014 for $75,000,000.

Property constructed in 1950

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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	$23,387,000	$57,254,147	$80,641,147	$80,641,147	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	-	233,870	105,203
2025	$23,387,000	$55,091,334	$78,478,334	$78,478,334	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	-	233,870	105,203
2024	$23,387,000	$57,666,743	$81,053,743	$81,053,743	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	-	233,870	105,203
2023	$23,387,000	$59,380,421	$82,767,421	$82,767,421	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	HIGHLAND VILLAGE	233,870	105,203
2022	$23,387,000	$55,662,936	$79,049,936	$79,049,936	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	HIGHLAND VILLAGE	233,870	105,203
2021	$23,387,000	$30,860,386	$54,247,386	$54,247,386	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	HIGHLAND VILLAGE	233,870	105,203
2020	$23,387,000	$34,042,341	$57,429,341	$57,429,341	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	-	233,870	105,203
2019	$19,878,950	$36,943,333	$56,822,283	$56,822,283	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	HIGHLAND VILLAGE	233,870	105,203
2018	$19,878,950	$33,019,305	$52,898,255	$52,898,255	Highland Village Lim...	4055 Westheimer Rd	Res A Blk 1 Highland...	5904.05	HIGHLAND VILLAGE	233,870	105,203
2017	$19,878,950	$30,852,806	$50,731,756	$50,731,756	Highland Village Hol...	4034 Westheimer Rd	Res A Blk 1 Highland...	5904.05	HIGHLAND VILLAGE	233,870	105,203

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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 ↕
4078 Westheimer Rd, Houston, TX 77027	1316500010001	Retail	Community Shopping Center	Highland Village Limited Partnership	Harris	-	-	-	-	1950	105,203	-
23741 Us Highway 59, Porter, TX 77365	R143100	Retail	Community Shopping Center	Porterwood Shopping Center Investments Llc	Montgomery	28.1	$ 15,295,000	2025-11-06	$ 169.68	1974	90,142	1
5332 Walzem Rd, Windcrest, TX 78218	590163	Retail	Community Shopping Center	Ap Growth Properties Lp	Bexar	178.3	$ 17,500,000	2023-10-30	$ 212.34	1983	82,416	5
5412 Walzem Rd, Windcrest, TX 78218	590158	Retail	Community Shopping Center	Ap Growth Properties Lp	Bexar	178.2	$ 17,500,000	2023-10-30	$ 165.91	1981	105,480	7
6715 Nw Loop 410, San Antonio, TX 78238	574888	Retail	Community Shopping Center	Dml Sa Westpark Lp	Bexar	193.0	$ 12,635,000	2023-08-17	$ 117.20	1984	107,811	3
1301 Airport Fwy W, Euless, TX 76040	04413830	Retail	Community Shopping Center	Dmlran Etc Lp	Tarrant	236.4	$ 16,957,500	2023-06-22	$ 62.60	1982	270,890	1
1250 William D Tate Ave, Grapevine, TX 76051	06011268	Retail	Community Shopping Center	Vccg Grapevine Centre Llc	Tarrant	241.9	$ 9,310,000	2024-12-06	$ 107.09	1980	86,940	1
8251 Bedford Euless Rd, North Richland Hills, TX 76180	05915201	Retail	Community Shopping Center	Pope Kyrillos The Sixth Coptic	Tarrant	238.9	$ 5,030,725	2024-09-12	$ 58.42	1986	86,120	1
1301 N Collins St, Arlington, TX 76011	06311989	Retail	Community Shopping Center	Hpc Collins 25 Llc	Tarrant	231.1	$ 12,169,500	2025-03-04	$ 158.38	1988	76,839	1
525 Lakeland Plz, Cumming, GA 30040	C20 013	Retail	Community Shopping Center	Orf Viii Lakeland Plaza Llc	Forsyth	733.9	$ 11,605,500	2023-05-18	$ 39.87	1990	291,064	-
14001 W Colonial Dr, Winter Garden, FL 34787	22-22-27-9386-01-000	Retail	Community Shopping Center	127 Amm Llc	Orange	844.4	$ 24,500,000	2022-06-06	$ 176.20	1987	139,046	-

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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 ↕
—	4078 Westheimer Rd, Houston, TX 77027	—	-	233,870	1950	105,203	$ 78,478,334	$ 23,387,000	-
Bank Of Houston	14485 Bellaire Blvd, Houston, TX 77083	08/28/2025	$ 2,100,000	374,006	1985	96,850	$ 5,370,000	$ 4,488,072	Prime Noble Realty Lp
Morgan Stanley Mtg Cap Holding	1240 N Loop 336 Unit W, Conroe, TX 77301	08/06/2025	$ 1,200,000,000	55,996	2016	10,040	$ 2,716,290	$ 895,942	Ch Retail Fund Iihouston Conr
Texas Advantage Cmty Bank Na	1799 Kirby, Pearland, TX 77584	06/05/2025	$ 2,750,000	55,060	2019	11,625	$ 2,689,510	$ 1,252,610	Jahan Holdings Llc
Gulf Capital Bank	2000 Reflection Bay, Pearland, TX 77584	05/23/2025	$ 3,740,677	67,650	2022	15,600	$ 4,391,506	$ 1,231,230	Shops At Reflection Bay Lp
Zions Bancorporation Na	11940 Broadway, Pearland, TX 77584	02/20/2025	$ 327,000	52,459	2021	10,868	$ 1,863,600	$ 681,970	4p Investments Shadow Creek Llc
Equity Bank	7081 Highway 6 N, Houston, TX 77095	01/23/2025	$ 1,670,158	328,442	1984	69,323	$ 16,186,534	$ 5,911,956	Texas Coffee Stores Llcseries
Comerica Bank	2532 Fondren Rd, Houston, TX 77063	12/31/2024	$ 2,000,000	260,911	1970	80,881	$ 12,752,507	$ 11,740,995	2735 Fondren Llc
Pcb Bank	1427 Broadway, Pearland, TX 77581	12/17/2024	$ 1,700,000	36,207	2017	5,390	$ 1,651,180	$ 188,280	Cjdj Properties Llc
Cadence Bank	1330 Broadway, Pearland, TX 77581	12/10/2024	$ 1,400,000	128,111	2013	11,034	$ 2,880,000	$ 759,920	Pine Hollow Plaza Ltd
Continental Casualty Co	5143 Fm 1960 Rd W, Houston, TX 77069	11/25/2024	$ 32,600,000	1,390,705	1974	402,504	$ 52,935,558	$ 13,907,053	Champions Village Llc

Mean$ 58,445,378

Median$ 2,050,000.0

Loan Amount Range$ 50,000 - $ 1,200,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
4078 WESTHEIMER RD, HOUSTON, TX 77027-5008	VALOBRA JEWLERY ANTIQUES	7139614500	JEWELERS-RETAIL
4024 WESTHEIMER RD, HOUSTON, TX 77027-5008	BRANDY MELVILLE	8327425331	CLOTHING-RETAIL
4078 WESTHEIMER RD, HOUSTON, TX 77027-5008	WARBY PARKER	7134971168	OPTICAL GOODS-RETAIL
4078 WESTHEIMER RD # 1, HOUSTON, TX 77027-5008	GAZE OPTOMETRY	8327788605	OPTOMETRISTS OD

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Tenant Industry Distribution

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License Details

License Number

12039288282

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

11/23/2005

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	VALOBRA OF TEXAS, LLC
	Address Line	4078 westheimer rd
	City / State / Zip	houston TX 77027
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	77027
Registration Details	SOS Code	A

License Timeline

License Issued

11/23/2005

Currently Active

Status: -

Renewal Required

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