850 Greenside Dr, Richardson, TX 75080 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2018Total Assessed Value $85,441,368County Collin

Property Details

The Apartments property 850 Greenside Dr, Richardson, TX 75080 is located in Collin County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $85,441,368.

The gross building area is 394,287 square feet and the land area is 651,549 square feet for this Apartment Garden (1 - 4 stories) built in 2018.

Legal description: Turnpike Commons West (Crc), Blk A, Lot 7; ( (Replat) )

$85,441,368

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,791

Avg Rent

Property Image of 850 Greenside Dr, Richardson, TX 75080, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area394,287

Land Size651,549

Land Value$13,682,523

Improved Value$71,758,845

Total Assessed Value$85,441,368

Year Built2018

County NameCollin

Account Number2770320

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeDetached Garages

Bathrooms12

PatioAvailable

Vaulted Ceilings1

Walk-in Closets1

Number of Units415

Sales History

2/29/2024

Arms-length$99,000,000

Buyer

Dst Cf James Multifamily

Seller

Greenside Tx Partners Llc

Book Number

2024.24144

Recording Date

2/29/2024

Transaction Details

Dst Cf James Multifamily acquired the property from Greenside Tx Partners Llc through a Arms-length transaction on 2/29/2024 for $99,000,000.

10/20/2020

Arms-length$750,000,000

Buyer

Greenside Tx Partners Llc

Seller

Lg Custer 190 Llc

Book Number

2020.1852240

Recording Date

10/20/2020

Transaction Details

Greenside Tx Partners Llc acquired the property from Lg Custer 190 Llc through a Arms-length transaction on 10/20/2020 for $750,000,000.

Property constructed in 2018

YSale Price (USD) byXSales Year

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Mortgage History

2/29/2024

New construction residential transactions$59,400,000

Borrower

Dst Cf James Multifamily

Lender

Berkeley Point Capital Llc

Book Number

2024.24145

Recording Date

2/29/2024

Transaction Details

Dst Cf James Multifamily borrowed the property from Berkeley Point Capital Llc through a New construction residential transactions transaction on 2/29/2024 for $59,400,000.

10/23/2020

Sale$600,000,000

Borrower

Greenside Tx Partners Llc

Lender

Federal Home Loan Mortgage Corporation

Book Number

1852260

Recording Date

10/23/2020

Transaction Details

Greenside Tx Partners Llc borrowed the property from Federal Home Loan Mortgage Corporation through a transaction on 10/23/2020 for $600,000,000.

4/10/2018

Helocs both purchase money and non purchase money helocs$41,000,000

Borrower

Lg Custer 190 Llc

Lender

Prosperity Bank

Book Number

2018.443440

Recording Date

4/10/2018

Transaction Details

Lg Custer 190 Llc borrowed the property from Prosperity Bank through a Helocs both purchase money and non purchase money helocs transaction on 4/10/2018 for $41,000,000.

Property constructed in 2018

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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	$14,985,620	$85,457,047	$100,442,667	$100,442,667	Cf James Multifamily...	1201 W Peachtree St	Turnpike Commons Wes...	-	S9089	651,549	394,287
2025	$13,682,523	$71,758,845	$85,441,368	$85,441,368	Cf James Multifamily...	C/o Rpm Living Inves...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2024	$12,379,425	$73,620,575	$86,000,000	$86,000,000	Cf James Multifamily...	C/o Rpm Living Inves...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2023	$11,727,877	$57,272,123	$69,000,000	$69,000,000	Greenside Tx Partner...	3424 Peachtree Rd Ne...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2022	$11,076,328	$52,923,672	$64,000,000	$64,000,000	Greenside Tx Partner...	3424 Peachtree Rd Ne...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2021	$10,424,779	$50,860,165	$61,284,944	$61,284,944	Greenside Tx Partner...	3424 Peachtree Rd Ne...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2020	$9,773,231	$48,130,319	$57,903,550	$57,903,550	Lg Custer 190 Llc	3500 Maple Ave Ste 1...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2019	$9,773,231	$8,850,365	$18,623,596	$18,623,596	Lg Custer 190 Llc	3500 Maple Ave Ste 1...	Turnpike Commons Wes...	-	S9089	651,549	394,287
2018	$7,167,036	-	$7,167,036	$7,167,036	Lg Custer 190 Llc	3500 Maple Ave Ste 1...	Turnpike Commons Wes...	-	S9089	651,549	394,287

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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 ↕
850 Greenside Dr, Richardson, TX 75080	2770320	Apartments	Apartment Garden (1 - 4 stories)	Cf James Multifamily Dst	Collin	-	$ 99,000,000	2024-02-29	$ 251.09	2018	394,287	415
3700 Mapleshade Ln Unit 300 Unit300, Plano, TX 75075	2560139	Apartments	Apartment Garden (1 - 4 stories)	Bes Axis Plano Fund Xi Llc & Bes Axis Plano Fund Xii Llc &	Collin	1.7	$ 57,190,000	2025-09-03	$ 167.81	2014	340,812	300
2351 Plaza Blvd, Richardson, TX 75082	420746700A07C0000	Apartments	Apartment Garden (1 - 4 stories)	Bmf Iv Lp Galatyn Station Llc	Dallas	1.8	$ 69,378,120	2025-08-27	$ 185.30	2024	374,414	361
540 Buckingham Rd, Richardson, TX 75081	420175100B0010000	Apartments	Apartment Garden (1 - 4 stories)	Sweetwater Owner Llc	Dallas	4.8	$ 45,444,770	2024-12-16	$ 163.89	1994	277,296	312
355 Vistaglen Dr Unit255, Plano, TX 75074	2672946	Apartments	Apartment Garden (1 - 4 stories)	Bell Valueadd Fund Viii Gateway Lp	Collin	3.7	$ 158,895,100	2024-06-20	$ 463.69	2016	342,673	255
2001 E Spring Creek Pkwy Unit300, Plano, TX 75074	2070489	Apartments	Apartment Garden (1 - 4 stories)	Spring Creek Fee Owner Llc	Collin	4.9	$ 58,235,380	2024-08-21	$ 201.08	1997	289,620	300
3700 Preston Rd Unit302, Plano, TX 75093	1976049	Apartments	Apartment Garden (1 - 4 stories)	Simfa Lakeshore Fee Simple Llc	Collin	4.7	$ 54,983,530	2024-09-26	$ 212.30	1991	258,988	302
14181 Noel Rd, Dallas, TX 75254	007008000A0020000	Apartments	Apartment Garden (1 - 4 stories)	S2 Neo Amp Crnt Llc	Dallas	6.5	$ 50,041,250	2025-07-23	$ 230.02	1998	217,548	222
4250 E Renner Rd Unit226, Richardson, TX 75082	2058066	Apartments	Apartment Garden (1 - 4 stories)	Breckinridge Point Tx Llc	Collin	5.4	$ 66,167,500	2025-06-13	$ 300.01	1998	220,548	226
7900 Churchill Way, Dallas, TX 75251	007731000A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance	Dallas	6.2	$ 64,884,050	2025-02-24	$ 163.52	1998	396,806	308
12500 Merit Dr, Dallas, TX 75251	007731000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Maverick Ounty Housing	Dallas	6.3	$ 47,729,710	2024-10-16	$ 188.36	1997	253,394	260

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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 ↕
—	850 Greenside Dr, Richardson, TX 75080	—	-	651,549	2018	394,287	$ 85,441,368	$ 13,682,523	-
Rocket Mortgage Llc	1857 Bluestem Ln, Plano, TX 75075	06/02/2025	$ 512,173	1,917	2023	2,009	$ 489,469	$ 109,250
Provident Fund Assoc Lp	1855 Bluestem Ln, Plano, TX 75075	04/28/2025	$ 350,000	1,525	2023	1,728	$ 454,778	$ 109,250
Highlands Resid Mortgage Ltd	1852 Sacaton Trl, Plano, TX 75075	03/26/2025	$ 241,000	1,525	2024	1,728	$ 361,935	$ 89,700
Walker & Dunlop Llc	1717 Independence Pkwy Unit24, Plano, TX 75075	11/26/2024	$ 19,430,000	81,239	1978	20,574	$ 2,995,200	$ 1,462,302	Independence Res Llc
Walker & Dunlop Llc	1717 Independence Pkwy Unit96, Plano, TX 75075	11/26/2024	$ 19,430,000	267,928	1978	72,955	$ 10,502,460	$ 4,822,704	Independence Res Llc
Walker & Dunlop Llc	1717 Independence Pkwy Unit88, Plano, TX 75075	11/26/2024	$ 19,430,000	257,013	1978	68,104	$ 9,802,296	$ 4,626,229	Independence Res Llc
Bhome Mortgage Llc	616 Friendswood Dr, Plano, TX 75075	09/27/2024	$ 195,000	1,917	2023	2,009	$ 519,807	$ 115,000
Principal Life Insurance Co	1250 Hunt St Unit299, Richardson, TX 75082	09/25/2024	$ 30,000,000	134,078	2015	355,408	$ 74,000,000	$ 5,094,952	Imp Cityline Llc
Bhome Mortgage Llc	620 Friendswood Dr, Plano, TX 75075	09/16/2024	$ 245,000	1,525	2023	1,539	$ 452,232	$ 115,000
Secretaryhousing & Urban Dev	621 Friendswood Dr, Plano, TX 75075	09/11/2024	$ 18,017	1,525	2023	1,763	$ 470,464	$ 115,000

Mean$ 13,515,065

Median$ 401,996.0

Loan Amount Range$ 18,017 - $ 59,400,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32091318066

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

9/1/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	MEGAN DRUMMOND AND HOLLIE RIGS
	Address Line	850 greenside dr apt 5121
	City / State / Zip	richardson TX 75080
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48085
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75080
Registration Details	SOS Code

License Timeline

License Issued

9/1/2023

Currently Active

Status: -

Renewal Required

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