15250 Quorum Dr, Addison, TX 75001 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2017Total Assessed Value $102,850,000County Dallas

Property Details

The Apartments property 15250 Quorum Dr, Addison, TX 75001 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $102,850,000.

The gross building area is 438,762 square feet and the land area is 216,920 square feet for this Apartment Garden (1 - 4 stories) built in 2017.

Legal description: Quorum North Blk 3 Acs 4.9798 Int201700063152 Dd03022017 Co-Dc 0009299368000 31000092993

$102,850,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,080

Avg Rent

Property Image of 15250 Quorum Dr, Addison, TX 75001, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area438,762

Land Size216,920

Land Value$3,904,560

Improved Value$98,945,440

Total Assessed Value$102,850,000

Year Built2017

County NameDallas

Account Number10005240030000000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories5

Garage TypeCovered Parking/Carport,Parking Garage

Basement3

Bedrooms26

Bathrooms26

Storage RoomAvailable

Access Gates1

Business Center1

Valet Trash1

Vaulted Ceilings1

Walk-in Closets1

Emergency Maintenance1

Steel Appliances1

Number of Units349

Elevator

Exterior WallsBrick

Sales History

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Mortgage History

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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	$3,904,560	$105,194,960	$109,099,520	$109,099,520	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	-	216,920	438,762
2025	$3,904,560	$91,478,120	$95,382,680	$95,382,680	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	Quorum North	216,920	438,762
2024	$3,904,560	$89,595,440	$93,500,000	$93,500,000	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1Ca002	QUORUM NORTH	216,920	438,762
2023	$3,904,560	$82,810,440	$86,715,000	$86,715,000	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	QUORUM NORTH	216,920	438,762
2022	$3,904,560	$57,812,440	$61,717,000	$61,717,000	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	-	216,920	438,762
2021	$3,904,560	$57,945,440	$61,850,000	$61,850,000	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	QUORUM NORTH	216,920	438,762
2020	$3,904,560	$44,857,530	$48,762,090	$48,762,090	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	-	216,920	438,762
2019	$3,904,560	$20,775,860	$24,680,420	$24,680,420	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	QUORUM NORTH	216,920	438,762
2018	$2,359,010	$1,177,810	$3,536,820	$3,536,820	Ppf Amli Quorum Dr L...	5057 Keller Springs ...	Quorum North Blk 3 A...	1CA002	QUORUM NORTH	216,920	438,762

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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 ↕
15250 Quorum Dr, Addison, TX 75001	10005240030000000	Apartments	Apartment Garden (1 - 4 stories)	Ppf Amli Quorum Dr Llc	Dallas	-	-	-	-	2017	438,762	349
7900 Churchill Way, Dallas, TX 75251	007731000A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance	Dallas	4.2	$ 64,884,050	2025-02-24	$ 163.52	1998	396,806	308
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	4.8	$ 57,190,000	2025-09-03	$ 167.81	2014	340,812	300
19002 Dallas Pkwy Unit376, Dallas, TX 75287	2011738	Apartments	Apartment Garden (1 - 4 stories)	Fbrt Haverwood Owner, Llc	Collin	3.6	$ 75,145,000	2025-02-12	$ 220.06	1994	341,480	376
1415 S Broadway St, Carrollton, TX 75006	140005000R02R0000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lyv Broadway Owner Lp	Dallas	4.7	$ 78,470,000	2024-06-28	$ 213.31	2019	367,875	390
1011 S Main St, Carrollton, TX 75006	141079400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lux On Main Owner Lp	Dallas	4.7	$ 68,495,000	2024-10-08	$ 212.89	2018	321,732	352
14119 Montfort Dr, Dallas, TX 75254	007007000A0060000	Apartments	Apartment Garden (1 - 4 stories)	Cypress Creek Montfort Drive	Dallas	1.3	$ 15,622,918	2024-06-28	$ 55.87	2025	279,654	168
3221 Keller Springs Rd, Carrollton, TX 75006	140033900A0010000	Apartments	Apartment Garden (1 - 4 stories)	Cf Keller Multifamily Dst	Dallas	1.6	$ 44,555,000	2024-07-24	$ 174.30	2014	255,627	304
5301 Alpha Rd, Dallas, TX 75240	00C79640000000100	Apartments	Apartment Garden (1 - 4 stories)	52 Votg Llc	Dallas	1.7	$ 35,910,000	2025-05-09	$ 150.42	2005	238,739	202
12500 Merit Dr, Dallas, TX 75251	007731000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Maverick Ounty Housing	Dallas	4.1	$ 47,729,710	2024-10-16	$ 188.36	1997	253,394	260
17250 Knoll Trail Dr, Dallas, TX 75248	0082280B000020000	Apartments	Apartment Garden (1 - 4 stories)	Blv Bent Tree Llc	Dallas	1.9	$ 36,575,000	2024-11-05	$ 132.11	1990	276,846	168

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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 ↕
—	15250 Quorum Dr, Addison, TX 75001	—	-	216,920	2017	438,762	$ 102,850,000	$ 3,904,560	-
Capital One Na	5515 Arapaho Rd, Dallas, TX 75248	05/30/2025	$ 34,000,000	206,309	2015	262,456	$ 60,000,000	$ 4,126,180	Trg Arapaho Ii Llc
Cbre Capital Markets Inc	14606 Dallas Pkwy, Dallas, TX 75254	05/29/2025	$ 55,628,000	335,456	1980	196,527	$ 22,287,780	$ 11,740,960	Westdale Davenport Ltd
Cbre Capital Markets Inc	14500 Dallas Pkwy, Dallas, TX 75254	05/29/2025	$ 55,628,000	827,726	1979	436,020	$ 58,412,220	$ 28,970,410	Westdale Davenport Ltd
Cbre Capital Markets Inc	14350 Dallas Pkwy, Dallas, TX 75254	05/29/2025	$ 35,235,000	387,192	1978	192,991	$ 25,431,840	$ 13,551,720	Westdale Windridge Ltd
Cbre Capital Markets Inc	14232 Dallas Pkwy, Dallas, TX 75254	05/29/2025	$ 35,235,000	340,230	1980	173,644	$ 23,568,160	$ 11,908,050	Westdale Windridge Ltd
Cbre Capital Markets Inc	5800 Preston Oaks Rd, Dallas, TX 75254	05/29/2025	$ 13,695,000	377,927	1979	169,043	$ 21,000,000	$ 13,227,450	Westdale Preston Oaks Ltd
Farmers Bank & Trust	4875 Belt Line Rd, Addison, TX 75001	05/29/2025	$ 3,400,000	126,210	2015	80,208	$ 15,991,310	$ 2,271,780	Shinn Addison Hospitality Ltd
Cbre Capital Markets Inc	5850 Belt Line Rd, Dallas, TX 75254	05/21/2025	$ 36,022,000	1,271,064	1979	392,078	$ 53,000,000	$ 4,661,440	Westdale Rock Creek Ltd
Towerkeep Vi Aiv Ntx Llc	5301 Alpha Rd, Dallas, TX 75240	05/09/2025	$ 27,000,000	275,473	2005	238,739	$ 48,264,640	$ 3,374,540	Pecos Housing Finance Corporation
Lrecs Holdings Ia Llc	5734 Preston View Blvd, Dallas, TX 75240	04/30/2025	$ 26,000,000	354,465	1971	204,748	$ 29,900,000	$ 12,406,280	Regal Court Llc

Mean$ 22,863,175

Median$ 21,638,000.0

Loan Amount Range$ 320,000 - $ 55,628,000

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Tenant Details

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License Details

License Number

32090944623

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/20/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	CHOICE PRO LLC
	Address Line	15250 quorum dr apt 259
	City / State / Zip	addison TX 75001
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	75001
Registration Details	SOS Code

License Timeline

License Issued

10/20/2023

Currently Active

Status: -

Renewal Required

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