1701 Payne St, Dallas, TX 75201 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2015Total Assessed Value $98,648,000County Dallas

Property Details

The Apartments property 1701 Payne St, Dallas, TX 75201 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $98,648,000.

The gross building area is 364,436 square feet and the land area is 66,952 square feet for this Apartment Garden (1 - 4 stories) built in 2015.

Legal description: Skyhouse Victory Blk B/927 Lt 2 Less Row Acs 1.537 Int202400187634 Dd09172024 Co-Dc 0927 00B 00200 6Da0927 00B

$98,648,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,690

Avg Rent

Property Image of 1701 Payne St, Dallas, TX 75201, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area364,436

Land Size66,952

Land Value$11,716,600

Improved Value$86,931,400

Total Assessed Value$98,648,000

Year Built2015

County NameDallas

Account Number000927000B0020000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories25

Garage TypeParking Garage

BasementFull basement

Bathrooms43

PatioAvailable

Access Gates1

Jogging Trail1

Business Center1

9ft Ceilings1

Vaulted Ceilings1

Furnished Units1

Walk-in Closets1

School Bus Pickup1

Steel Appliances1

Number of Units354

Elevator

Exterior WallsBrick

Sales History

9/17/2024

Arms-length$77,548,310

Buyer

Tx Victory Place Apartments Llc

Seller

1701 Payne Street Apartments Owner Llc

Book Number

2024.187634

Recording Date

9/17/2024

Transaction Details

Tx Victory Place Apartments Llc acquired the property from 1701 Payne Street Apartments Owner Llc through a Arms-length transaction on 9/17/2024 for $77,548,310.

Property constructed in 2015

YSale Price (USD) byXSales Year

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Mortgage History

9/17/2024

New construction residential transactions$58,307,000

Borrower

Tx Victory Place Apartments Llc

Lender

Walker & Dunlop Llc

Book Number

2024.187635

Recording Date

9/17/2024

Transaction Details

Tx Victory Place Apartments Llc borrowed the property from Walker & Dunlop Llc through a New construction residential transactions transaction on 9/17/2024 for $58,307,000.

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	$11,716,600	$96,253,400	$107,970,000	$107,970,000	Tx Victory Place Apt...	9757 Ne Juanita Dr S...	Skyhouse Victory Blk...	1DSOL6	-	66,952	364,436
2025	$11,716,600	$86,931,400	$98,648,000	$98,648,000	Tx Victory Place Apt...	Weidner Investment S...	Skyhouse Victory Blk...	1DSOL6	Skyhouse Victory Add	66,952	364,436
2024	$10,042,800	$84,207,200	$94,250,000	$94,250,000	1701 Payne St Apt Ow...	1545 Peachtree St Ne...	Skyhouse Victory Blk...	1DSOL6	SKYHOUSE VICTORY ADD	66,952	364,436
2023	$10,042,800	$82,957,200	$93,000,000	$93,000,000	1701 Payne St Apt Ow...	%ngi Bcdc Victory Pl...	Skyhouse Victory Blk...	1DSOL6	SKYHOUSE VICTORY ADD	66,952	364,436
2022	$10,042,800	$74,957,200	$85,000,000	$85,000,000	1701 Payne St Apt Ow...	%ngi Bcdc Victory Pl...	Skyhouse Victory Blk...	1DSOL6	-	66,952	364,436
2021	$10,042,800	$72,957,200	$83,000,000	$83,000,000	1701 Payne St Apt Ow...	%ngi Bcdc Victory Pl...	Skyhouse Victory Blk...	1DSOL6	SKYHOUSE VICTORY ADD	66,952	364,436
2020	$10,042,800	$70,957,200	$81,000,000	$81,000,000	Ngi-bcdc Vp Llc	Ste 400, 817 W Peach...	Skyhouse Victory Blk...	1DSOL6	-	66,952	364,436
2019	$8,369,000	$72,131,000	$80,500,000	$80,500,000	Ngi-bcdc Vp Llc	Ste 400, 817 W Peach...	Skyhouse Victory Blk...	1DSOL6	-	66,952	364,436
2018	$6,025,680	$65,974,320	$72,000,000	$72,000,000	Ngi-bcdc Vp Llc	Ste 400, 817 W Peach...	Skyhouse Victory Blk...	1DSOL6	-	66,952	364,436

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Showing 1 to 9 of 9 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 ↕
1701 Payne St, Dallas, TX 75201	000927000B0020000	Apartments	Apartment Garden (1 - 4 stories)	Tx Victory Place Apts Llc	Dallas	-	$ 77,548,310	2024-09-17	$ 212.79	2015	364,436	354
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	0.4	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
4123 Cedar Springs Rd, Dallas, TX 75219	001502000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Cedar Springs I Llc &	Dallas	1.4	$ 158,381,617	2025-07-02	$ 544.83	2008	290,699	324
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	1.4	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	1.7	$ 47,893,300	2025-07-21	$ 127.66	2015	375,159	340
305 W Commerce St, Dallas, TX 75208	006821000A0010000	Apartments	Apartment Garden (1 - 4 stories)	305 West Commerce Llc	Dallas	1.6	$ 50,646,400	2025-08-26	$ 168.54	2016	300,500	308
915 S Harwood St, Dallas, TX 75201	000120000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	La Villa Housing Finance Corp	Dallas	1.5	$ 66,566,500	2025-03-13	$ 206.97	2017	321,630	297
2781 N Carroll Ave, Dallas, TX 75204	002006001801D0000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	1.7	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	1.9	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	340
1001 Ross Ave, Dallas, TX 75202	00021200100010000	Apartments	Apartment Garden (1 - 4 stories)	Cc Meyer Properties Llc	Dallas	0.7	$ 31,681,930	2025-02-26	$ 142.34	2003	222,581	204
2217 Ivan St, Dallas, TX 75201	000998000102A0000	Apartments	Apartment Garden (1 - 4 stories)	Windsor At Turtle Creek Lp	Dallas	0.5	$ 110,872,125	2025-01-21	$ 238.11	1998	465,635	331

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1701 Payne St, Dallas, TX 75201	—	-	66,952	2015	364,436	$ 98,648,000	$ 11,716,600	-
Texell Credit Union	3604 San Jacinto St, Dallas, TX 75204	08/25/2025	$ 1,700,000	9,187	1961	5,600	$ 2,016,000	$ 459,350	Commodore Real Estate Holdings
Teachers Insurance&annuity Ass	1700 Cedar Springs Rd, Dallas, TX 75202	08/15/2025	$ 56,000,000	91,693	2009	409,493	$ 106,700,000	$ 8,146,690	Lg Cedar Springs Lp
Uplam Tcr Lender Llc	3555 Dickason Ave, Dallas, TX 75219	08/04/2025	$ 9,750,000	34,673	2024	145,237	$ 5,777,610	$ 2,947,210	One Turtle Creek Holdings Llc
Northmarq Cap Fin Llc	3039 Nowitzki Way, Dallas, TX 75219	07/18/2025	$ 129,711,000	63,989	2018	579,579	$ 195,000,000	$ 11,026,740	3099 Olive Lp
Security Natl Bank Of Omaha	3130 N Harwood St, Dallas, TX 75201	06/27/2025	$ 11,000,000	81,457	2015	929,066	$ 119,124,620	$ 5,629,700	Hic Marche Llc
Wells Fargo Bank Na	2901 W Cityplace Blvd, Dallas, TX 75204	05/22/2025	$ 48,000,000	101,638	2002	298,063	$ 59,225,000	$ 12,704,750	Cityplace Tx Partners Lp
Cache Valley Bank	211 N Ervay St, Dallas, TX 75201	04/15/2025	$ 10,000,000	10,000	1958	196,925	$ 12,000,000	$ 950,000	Tc Spe 1 Llc
Midfirst Bank	3821 Munger Ave, Dallas, TX 75204	04/02/2025	$ 548,000	7,395	2022	9,440	$ 2,200,000	$ 443,700
Velocity Commercial Cap Llc	2910 Throckmorton St, Dallas, TX 75219	02/27/2025	$ 2,600,000	32,296	1966	20,544	$ 3,750,000	$ 1,937,760	One Home Realty Ii Llc
Jll Real Estate Capital Llc	1001 Ross Ave, Dallas, TX 75202	02/26/2025	$ 23,821,000	77,816	2003	222,581	$ 43,120,000	$ 9,337,920	Griffin Apts Llc

Mean$ 43,379,983

Median$ 24,910,500.0

Loan Amount Range$ 237,751 - $ 247,710,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1701 PAYNE ST, DALLAS, TX 75201-1883	VICTORY PLACE	2149229700	NONCLASSIFIED ESTABLISHMENTS
1701 PAYNE ST, DALLAS, TX 75201-1883	PARALLEL TRAVEL	4698044993	TRAVEL AGENCIES & BUREAUS
1701 PAYNE ST APT 1516, DALLAS, TX 75201-2427	MILLIGAN FIRM	9097362378	NONCLASSIFIED ESTABLISHMENTS
1701 PAYNE ST APT 1703, DALLAS, TX 75201-2429	TOTAL LOGISTICS SOLUTIONS INC	2148656530	LOGISTICS

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Tenant Industry Distribution

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License Details

License Number

32093267667

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/13/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ENERGY ELEVATION LLC
	Address Line	1701 payne st apt 1801
	City / State / Zip	dallas TX 75201
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48113
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75201
Registration Details	SOS Code	A

License Timeline

License Issued

1/13/2024

Currently Active

Status: -

Renewal Required

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