George J. Wommack Of Headwall Investments Acquires Retail Center At 10130 Louetta Road In Houston
10130 Louetta Road
Building Size
—
Asset Type
Retail
Closing
Feb 4, 2026
AI
Louetta Retail Center is an unanchored convenience retail center located at 10130 Louetta Road in northwest Houston. The asset is categorized under retail and is part of a larger market transaction in Houston.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Buyer: George J. Wommack - Headwall Investments
- Broker: Matt Maglothin - Altrue Capital
Headwall Investments has completed its 23rd unanchored shopping center acquisition in Texas with this purchase. Matt Maglothin of Altrue Capital facilitated the transaction, and Headwall is planning targeted capital improvements and leasing initiatives for the property.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93