4848 Grand Gate Way Unit425, Frisco, TX 75034 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2019Total Assessed Value $94,231,600County Collin

Property Details

The Apartments property 4848 Grand Gate Way Unit425, Frisco, TX 75034 is located in Collin County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $94,231,600.

The gross building area is 492,430 square feet and the land area is 290,188 square feet for this Apartment Garden (1 - 4 stories) built in 2019.

Legal description: Gate The (Cfr), Blk A, Lot 5; * (Revised) *

$94,231,600

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,258

Avg Rent

Property Image of 4848 Grand Gate Way Unit425, Frisco, TX 75034, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area492,430

Land Size290,188

Land Value$8,125,264

Improved Value$86,106,336

Total Assessed Value$94,231,600

Year Built2019

County NameCollin

Account Number2760341

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

FireplaceFireplace - Wood Burning

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeParking Garage

Bedrooms15

Bathrooms14

PatioAvailable

Wood DeckAvailable

Access Gates1

Jogging Trail1

Personal Trainer1

Valet Trash1

Vaulted Ceilings1

Concierge1

Granite Countertops1

Steel Appliances1

Refrigerator1

Number of Units425

Sales History

8/9/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

8/9/2021

Transaction Details

acquired the property from through a Other transaction on 8/9/2021 for .

2/9/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

2/9/2021

Transaction Details

acquired the property from through a Other transaction on 2/9/2021 for .

10/26/2017

Arms-length$7,900

Buyer

Jefferson Routh Creek Lp

Seller

Igo Frisco 1 Llc

Book Number

2017.1438780

Recording Date

10/26/2017

Transaction Details

Jefferson Routh Creek Lp acquired the property from Igo Frisco 1 Llc through a Arms-length transaction on 10/26/2017 for $7,900.

Property constructed in 2019

YSale Price (USD) byXSales Year

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Mortgage History

8/19/2021

Arms length residential transactions purchase or resales$58,500,000

Borrower

Jefferson At The Gate Llc

Lender

Jpmorgan Chase Bank Na

Book Number

2021.1694460

Recording Date

8/19/2021

Transaction Details

Jefferson At The Gate Llc borrowed the property from Jpmorgan Chase Bank Na through a Arms length residential transactions purchase or resales transaction on 8/19/2021 for $58,500,000.

6/16/2018

Arms length residential transactions purchase or resales$57,044,000

Borrower

Jefferson At The Gate Llc

Lender

Book Number

2018.846330

Recording Date

6/16/2018

Transaction Details

Jefferson At The Gate Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 6/16/2018 for $57,044,000.

10/26/2017

Helocs both purchase money and non purchase money helocs$6,350

Borrower

Jefferson Routh Creek Lp

Lender

Book Number

2017.1438790

Recording Date

10/26/2017

Transaction Details

Jefferson Routh Creek Lp borrowed the property from through a Helocs both purchase money and non purchase money helocs transaction on 10/26/2017 for $6,350.

Property constructed in 2019

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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	$8,125,264	$73,444,536	$81,569,800	$81,569,800	4848 Grand Gate Way ...	6400 S Fdl Gn Cir St...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2025	$8,125,264	$85,474,736	$93,600,000	$93,600,000	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2024	$8,125,264	$88,885,396	$97,010,660	$97,010,660	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2023	$8,125,264	$87,062,847	$95,188,111	$95,188,111	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2022	$8,125,264	$66,760,080	$74,885,344	$74,885,344	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2021	$8,125,264	$63,617,430	$71,742,694	$71,742,694	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2020	$8,125,264	$73,332,514	$81,457,778	$81,457,778	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2019	$8,125,264	$363,920	$8,489,184	$8,489,184	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2018	$8,125,264	-	$8,125,264	$8,125,264	Jefferson At The Gat...	600 Las Colinas Blvd...	Gate The (Cfr), Blk ...	-	S10958	290,188	492,430
2017	-	-	-	-	Igo - Frisco 1 Llc	C/o Mr Kevin Vela, 5...	Gate The (Cfr), Blk ...	-	S10958	297,245	-

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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 ↕
4848 Grand Gate Way Unit425, Frisco, TX 75034	2760341	Apartments	Apartment Garden (1 - 4 stories)	Jefferson At The Gate Llc	Collin	-	-	-	-	2019	492,430	425
5225 Town Country Blvd, Frisco, TX 75034	500870	Apartments	Apartment Garden (1 - 4 stories)	Nap Rovello Stonebriar Commons Lp	Denton	2.4	$ 41,634,320	2025-10-28	$ 132.23	2016	314,855	216
5225 Town And Country Blvd, Frisco, TX 75034	2778074	Apartments	Apartment Garden (1 - 4 stories)	Nap Ravello Stonebriar Commons Lp	Collin	2.4	$ 35,546,900	2025-10-28	$ 113.99	2016	311,855	216
3700 Legacy Dr Unit 320 Unit320, Frisco, TX 75034	2087227	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Legacy Drive Frisco Llc	Collin	1.1	$ 86,117,500	2025-08-25	$ 223.86	1999	384,698	320
7777 Adelaide St, Frisco, TX 75034	678793	Apartments	Apartment Garden (1 - 4 stories)	Hp Maxwell Llc	Denton	2.2	$ 57,216,600	2025-05-13	$ 172.15	2017	332,361	325
6300 Windcrest Dr Unit380, Plano, TX 75024	2058512	Apartments	Apartment Garden (1 - 4 stories)	Key Creekside Llc	Collin	4.4	$ 87,279,920	2024-09-26	$ 227.99	1996	382,817	380
4689 Mustang Pkwy, Carrollton, TX 75010	633052	Apartments	Apartment Garden (1 - 4 stories)	Mustang Pkwy Mf Prop Llc	Denton	6.2	$ 61,180,000	2025-08-21	$ 197.38	2014	309,961	268
701 Legacy Dr Unit346, Plano, TX 75023	2058069	Apartments	Apartment Garden (1 - 4 stories)	701 Legacy Drive Llc &	Collin	7.9	$ 44,688,000	2025-09-29	$ 131.26	1996	340,451	346
2901 Lady Bettye Dr, Lake Dallas, TX 75065	995945	Apartments	Apartment Garden (1 - 4 stories)	Tapestry Ch Llc	Denton	6.3	$ 62,177,500	2025-06-26	$ 170.82	2023	364,000	-
16220 Phoebe Rd, Frisco, TX 75035	2807390	Apartments	Apartment Garden (1 - 4 stories)	Frisco Apartments Acquisitions I Llc &	Collin	5.6	$ 93,765,000	2024-07-09	$ 189.95	2021	493,621	-
3700 Preston Rd Unit302, Plano, TX 75093	1976049	Apartments	Apartment Garden (1 - 4 stories)	Simfa Lakeshore Fee Simple Llc	Collin	5.3	$ 54,983,530	2024-09-26	$ 212.30	1991	258,988	302

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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 ↕
—	4848 Grand Gate Way Unit425, Frisco, TX 75034	—	-	290,188	2019	492,430	$ 94,231,600	$ 8,125,264	-
Mttbst Trust	2949 Parkwood Blvd Unit345, Frisco, TX 75034	09/04/2025	$ 39,500,000	274,689	2015	383,157	$ 84,635,832	$ 5,493,787	Creekwood Frisco Gaylord Llc
Wells Fargo Bank Na	8123 Ohio Dr Unit276, Plano, TX 75024	08/29/2025	$ 116,000,000	495,321	1998	262,102	$ 39,901,893	$ 7,429,815
Wells Fargo Bank Na	8100 Memorial Ln Unit144, Plano, TX 75024	08/29/2025	$ 116,000,000	463,958	2007	366,350	$ 43,227,050	$ 6,959,363
Wells Fargo Bank Na	8123 Ohio Dr Unit191, Plano, TX 75024	08/29/2025	$ 116,000,000	898,469	1998	212,507	$ 27,709,648	$ 13,477,035
Mozaic Loan Acquisition Lp	5775 Blairview St Unit357, Frisco, TX 75034	07/29/2025	$ 57,500,000	162,087	2022	416,345	$ 72,531,363	$ 4,538,429	Tbeqr Remy Property Owner Lp
Berkadia Commercial Mtg Llc	7450 Stonebrook Pkwy Unit202, Frisco, TX 75034	06/09/2025	$ 627,211	542,191	2006	188,557	$ 23,750,000	$ 5,421,913	Watermark Parkview Owner Llc
Cbre Multifamily Capital Inc	7777 Adelaide St, Frisco, TX 75034	05/13/2025	$ 43,020,000	245,243	2017	332,361	$ 69,000,000	$ 1,961,942	Ca Maxwell Owner Llc
Greystone Funding Company Llc	6226 Frisco Square Blvd, Frisco, TX 75034	11/01/2024	$ 34,161,900	160,911	2019	308,203	$ 55,472,380	$ 4,505,498	Isaac Acquisition Llc
Navy Federal Credit Union	7160 Hickory St, Frisco, TX 75034	10/30/2024	$ 38,265	2,443	1978	924	$ 230,966	$ 60,000
Plainscapital Bank	6801 Corporate Dr, Plano, TX 75024	06/17/2024	$ 3,151,499	216,985	2020	2,452	$ 1,382,928	$ 271,232	Starside Construction Inc

Mean$ 29,033,995

Median$ 3,151,499.0

Loan Amount Range$ 38,265 - $ 157,700,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32093453242

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/26/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	JULIE HOLT LUCIA, LLC
	Address Line	4848 grand gate way apt 2138
	City / State / Zip	frisco TX 75034
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	75034
Registration Details	SOS Code	A

License Timeline

License Issued

1/26/2024

Currently Active

Status: -

Renewal Required

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