Lone Star Place$30.71 – $37.39/SF/yr FS
Alamo Square
253,000 SF office building at 978 S Lamar Blvd, Houston, TX 77042. For Lease through the owner.
For LeaseStatus
$32.13/SFAsking rent
1995Year built
BClass
Property facts
| Property type | Office |
|---|---|
| Building class | B |
| Rentable area | 253,000 SF |
| Stories | 12 |
| Year built | 1995 |
| Typical floor | 21,083 SF |
| Lot size | 2.58 acres |
| Parking ratio | 1.9/1,000 SF |
| Occupancy | 100.0% |
| Zoning | C5-3 |
| Parcel ID | 38-132-3917 |
| Submarket | Westchase |
| Market | Houston |
| Walk Score | 49 |
| Transit | Commuter rail 8 min |
| Listing package | Basic |
Building amenities
Property Manager on Site, LEED Gold, Roof Terrace, 24 Hour Access
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Granite Financial | Media | 3 | 49,860 | 2026-12-01 |
| Brightwater Law LLP | Healthcare | 8 | 23,100 | 2028-09-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-09-19 | $44.14M | $174.47 | 8.12% | Dunmore Equities | Yellowstone Property Fund |
| 2023-01-31 | $16.74M | $66.17 | 6.17% | Aldergate Capital | Lakeshore Realty Trust |
| 2020-04-01 | $42.68M | $168.69 | 6.72% | Quarry Point Partners | Pemberton Capital |
Public record
| Owner of record | Yellowstone Property Fund LLC |
|---|---|
| Assessed value | $69.36M |
| Land value | $15.99M |
| Improvement value | $53.37M |
| Annual tax | $1.46M |
| Tax year | 2026 |
| Lot size | 112,384 SF |
| Last deed | 2020-11-14 |
| Deed type | Warranty Deed |
| Legal description | LOT 26 BLK 223 WESTCHASE ADDN |
Location
978 S Lamar Blvd
Houston, TX 77042
Westchase submarket · Houston market
29.72165, -95.54506
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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