26493 E University Dr, Aubrey, TX 76227 – Apartment (4 - 20 units)

ApartmentsYear Built 2016Total Assessed Value $75,731,542County Denton

Property Details

The Apartments property 26493 E University Dr, Aubrey, TX 76227 is located in Denton County. The specific property type is Apartment (4 - 20 units). The total assessed value of this property is $75,731,542.

The gross building area is 357,742 square feet and the land area is 733,951 square feet for this Apartment (4 - 20 units) built in 2016.

Legal description: Estates At Lincoln Park Blk A Lot 1

$75,731,542

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,836

Avg Rent

Property Image of 26493 E University Dr, Aubrey, TX 76227, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment (4 - 20 units)

Building Area357,742

Land Size733,951

Land Value$13,211,121

Improved Value$62,520,421

Total Assessed Value$75,731,542

Year Built2016

County NameDenton

Account Number706438

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space720

HeatingCentral

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

No of Stories1

Garage TypeCovered Parking/Carport

Bathrooms8

PatioAvailable

Wood DeckAvailable

Access Gates1

Jogging Trail1

Business Center1

Vaulted Ceilings1

Walk-in Closets1

Emergency Maintenance1

Granite Countertops1

Steel Appliances1

10ft Ceilings1

Number of Units416

Elevator

Exterior WallsSiding alum or vinyl

Sales History

2/26/2025

Arms-length$55,394,500

Buyer

Spi Aubrey 416 De Llc

Seller

Sreit Luxe Lp

Book Number

2025.19888

Recording Date

2/26/2025

Transaction Details

Spi Aubrey 416 De Llc acquired the property from Sreit Luxe Lp through a Arms-length transaction on 2/26/2025 for $55,394,500.

2/26/2025

Arms-length$55,394,500

Buyer

Spi Aubrey 416 De Llc

Seller

Sreit Luxe Lp

Book Number

2025.19887

Recording Date

2/26/2025

Transaction Details

Spi Aubrey 416 De Llc acquired the property from Sreit Luxe Lp through a Arms-length transaction on 2/26/2025 for $55,394,500.

7/9/2021

Other$76,449,436

Buyer

Centennial Luxe Lp

Seller

Book Number

Recording Date

7/9/2021

Transaction Details

Centennial Luxe Lp acquired the property from through a Other transaction on 7/9/2021 for $76,449,436.

8/15/2018

Arms-lengthNot Disclosed

Buyer

Centennial Edgewater Lp

Seller

15 1 Llc

Book Number

2018.96446

Recording Date

8/15/2018

Transaction Details

Centennial Edgewater Lp acquired the property from 15 1 Llc through a Arms-length transaction on 8/15/2018 for .

2/22/2018

Arms-length$50,315,000

Buyer

Wria 15 1 Llc

Seller

Western Rim Investors 2015 1 Lp

Book Number

2018.19902

Recording Date

2/22/2018

Transaction Details

Wria 15 1 Llc acquired the property from Western Rim Investors 2015 1 Lp through a Arms-length transaction on 2/22/2018 for $50,315,000.

Property constructed in 2016

YSale Price (USD) byXSales Year

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Mortgage History

2/26/2025

New construction residential transactions$41,650,000

Borrower

Spi Aubrey 416 De Llc

Lender

Regions Bank

Book Number

2025.19892

Recording Date

2/26/2025

Transaction Details

Spi Aubrey 416 De Llc borrowed the property from Regions Bank through a New construction residential transactions transaction on 2/26/2025 for $41,650,000.

2/22/2018

Reo and trustee deeds$40,252,000

Borrower

Wria 15 1 Llc

Lender

Berkadia Commercial Mortgage Llc

Book Number

2018.19903

Recording Date

2/22/2018

Transaction Details

Wria 15 1 Llc borrowed the property from Berkadia Commercial Mortgage Llc through a Reo and trustee deeds transaction on 2/22/2018 for $40,252,000.

Property constructed in 2016

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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	$13,211,121	$49,788,879	$63,000,000	$63,000,000	Pecos Housing Financ...	2320 Teague Ln	Estates At Lincoln P...	Mf01G01A6	Sd4606A	733,951	357,742
2025	$13,211,121	$52,763,879	$65,975,000	$65,975,000	Pecos Housing Financ...	2320 Teague Ln	Estates At Lincoln P...	MF01G01A2	Sd4606A	733,951	357,742
2024	$11,009,267	$58,118,733	$69,128,000	$69,128,000	Sreit Luxe Llc	2340 Collins Ave	Estates At Lincoln P...	Mf01A2S05	Sd4606A	733,951	353,928
2023	$11,009,267	$53,990,733	$65,000,000	$65,000,000	Centennial Luxe Lp	3348 Peachtree Rd Ne...	Estates At Lincoln P...	MF01A2S05	Sd4606A	733,951	353,927
2022	$11,009,267	$45,990,733	$57,000,000	$57,000,000	Centennial Luxe Lp	3348 Peachtree Rd Ne...	Estates At Lincoln P...	MF01A2S05	SD4606A	733,951	353,927
2021	$5,871,609	$44,428,391	$50,300,000	$50,300,000	Centennial Luxe Lp	3348 Peachtree Rd Ne...	Estates At Lincoln P...	MF01A3S05	SD4606A	733,951	353,927
2020	$5,871,609	$44,128,391	$50,000,000	$50,000,000	Centennial Luxe Lp	3348 Peachtree Rd Ne...	Estates At Lincoln P...	MF01A3S05	SD4606A	733,951	353,927
2019	$3,669,756	$49,948,244	$53,618,000	$53,618,000	Centennial Luxe Lp	3348 Peachtree Rd Ne...	Estates At Lincoln P...	MF01A3S05	SD4606A	733,951	353,927
2018	$3,669,756	$43,541,749	$47,211,505	$47,211,505	Wria 15-1, Llc	2505 N State Highway...	Estates At Lincoln P...	MF01S10A1	SD4606A	733,951	353,927

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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 ↕
26493 E University Dr, Aubrey, TX 76227	706438	Apartments	Apartment (4 - 20 units)	Pecos Housing Finance Corporation	Denton	-	$ 55,394,500	2025-02-26	$ 154.84	2016	357,742	416
5050 Fm 423, Frisco, TX 75036	653825	Apartments	Apartment (4 - 20 units)	Csimrw Sorrel Property Llc	Denton	8.7	$ 47,288,150	2025-02-18	$ 127.33	2014	371,385	352
350 Continental Dr, Lewisville, TX 75067	201287	Apartments	Apartment (4 - 20 units)	Mvr Apartments I Lp	Denton	14.7	$ 40,698,000	2024-10-18	$ 135.51	2003	300,324	304
905 Cleveland St, Denton, TX 76201	498438	Apartments	Apartment (4 - 20 units)	Gpl Midtown Propco Llc	Denton	9.6	$ 37,539,250	2024-09-27	$ 208.14	2010	180,355	120
3930 Accent Dr, Dallas, TX 75287	75290	Apartments	Apartment (4 - 20 units)	3939 East Trinity Mills Llc	Denton	18.1	$ 76,230,000	2024-10-01	$ 372.82	1999	204,470	500
3901 Accent Dr, Dallas, TX 75287	179781	Apartments	Apartment (4 - 20 units)	3939 East Trinity Mills Llc	Denton	17.9	$ 76,230,000	2024-10-01	$ 212.07	1995	359,462	500
919 W Eagle Dr, Denton, TX 76201	556960	Apartments	Apartment (4 - 20 units)	919 Eagle Dr Ground Owner Llc	Denton	9.9	$ 32,252,500	2025-01-02	$ 201.58	2012	160,002	139
3653 Timberglen Rd, Dallas, TX 75287	200559	Apartments	Apartment (4 - 20 units)	Wwc Lx Lp	Denton	16.9	$ 39,191,110	2025-07-17	$ 179.24	1999	218,648	276
3702 Frankford Rd, Dallas, TX 75287	199420	Apartments	Apartment (4 - 20 units)	Frankford Springs Borrower Llc	Denton	17.5	$ 54,789,350	2025-12-01	$ 156.64	1998	349,784	332
15901 Championship Pkwy, Fort Worth, TX 76177	1003641	Apartments	Apartment (4 - 20 units)	Champions Way Dfw Lp	Denton	23.2	$ 74,480,000	2025-09-30	$ 155.78	2023	478,113	-
1104 Highway 114, Fort Worth, TX 76247	766701	Apartments	Apartment (4 - 20 units)	Nexmetro Reserve Lp	Denton	24.8	$ 33,250,000	2025-04-11	$ 151.93	2020	218,844	227

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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 ↕
—	26493 E University Dr, Aubrey, TX 76227	—	-	733,951	2016	357,742	$ 75,731,542	$ 13,211,121	-
Bank Of America Na	3845 Frontier Pkwy, Prosper, TX 76227	08/01/2025	$ 40,000,000	565,017	2023	426,831	$ 47,250,000	$ 3,390,101	-
United Wholesale Mortgage Llc	3215 Fallmeadow St, Denton, TX 76207	06/25/2025	$ 669,750	10,080	1985	3,832	$ 374,116	$ 90,720
Citibank Na	307 N Loop 288, Denton, TX 76209	04/29/2025	$ 10,799,000	302,219	1970	114,309	$ 12,520,940	$ 1,511,095	Singing Oaks Llc
Loan Store Tx Inc	2331 N Elm St, Denton, TX 76201	04/01/2025	$ 520,000	17,250	2005	4,658	$ 669,285	$ 207,000
Regions Bank	26493 E University Dr, Aubrey, TX 76227	02/26/2025	$ 41,650,000	733,951	2016	357,742	$ 75,731,542	$ 13,211,121	Spi Aubrey 416 De Llc
Pnc Bank National Association	2411 S I35e, Denton, TX 76205	02/26/2025	$ 15,700,000	547,819	1986	232,942	$ 36,370,000	$ 3,286,916
Rangewater Capital Ii Llc	5050 Fm 423, Frisco, TX 75036	02/18/2025	$ 35,555,000	850,291	2014	371,385	$ 76,827,837	$ 5,952,038	Csimrw Sorrel Property Llc
Homewood Mortgage Llc	1901 Kingswood Ct, Denton, TX 76205	01/03/2025	$ 568,125	19,100	1975	5,474	$ 564,455	$ 114,600	Manning Investment Group Llc
W & D Debt Fund Lp	919 W Eagle Dr, Denton, TX 76201	01/02/2025	$ 24,250,000	94,743	2012	160,002	$ 33,158,221	$ 1,421,145	Gpl 33 North Propco Llc
Pinnacle Bank	618 Londonderry Ln, Denton, TX 76205	12/31/2024	$ 2,902,000	13,185	1979	6,000	$ 648,000	$ 79,110	612 Londonderry Llc

Mean$ 10,149,612

Median$ 1,026,875.0

Loan Amount Range$ 50,000 - $ 41,650,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
26493 E UNIVERSITY DR, AUBREY, TX 76227-1639	CENTENNIAL LUXE LP	9403655919	RESTAURANTS
26493 E UNIVERSITY DR, AUBREY, TX 76227-1639	CENTENNIAL LUXE LP	9403652714	RESTAURANTS

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Tenant Industry Distribution

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License Details

License Number

32087685015

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

1/4/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ERICA ELIZABETH HENIFF
	Address Line	26493 e university dr apt 1238
	City / State / Zip	aubrey TX 76227
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48121
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	76227
Registration Details	SOS Code

License Timeline

License Issued

1/4/2023

Currently Active

Status: -

Renewal Required

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