15950 Paramount Way, Frisco, TX 75033 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2020Total Assessed Value $100,412,189County Collin

Property Details

The Apartments property 15950 Paramount Way, Frisco, TX 75033 is located in Collin County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $100,412,189.

The gross building area is 491,094 square feet and the land area is 612,271 square feet for this Apartment Garden (1 - 4 stories) built in 2020.

Legal description: Trike Addition (Cfr), Blk A, Lot 2; ( (Replat) )

$100,412,189

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,962

Avg Rent

Property Image of 15950 Paramount Way, Frisco, TX 75033, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area491,094

Land Size612,271

Land Value$7,347,248

Improved Value$93,064,941

Total Assessed Value$100,412,189

Year Built2020

County NameCollin

Account Number2784506

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeDetached Garages

Bedrooms49

Bathrooms48

PatioAvailable

Access Gates1

Jogging Trail1

Business Center1

9ft Ceilings1

Emergency Maintenance1

Trash Pickup1

Steel Appliances1

Number of Units375

Elevator

Sales History

3/9/2020

Arms-length$312,500

Buyer

Frisco Rockhill Apartments I Lp

Seller

Foursome Links Partners I Gp Llc

Book Number

2020.357860

Recording Date

3/9/2020

Transaction Details

Frisco Rockhill Apartments I Lp acquired the property from Foursome Links Partners I Gp Llc through a Arms-length transaction on 3/9/2020 for $312,500.

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

6/23/2022

Arms length residential transactions purchase or resales$68,000,000

Borrower

Frisco Rockhill Apartments I L

Lender

Origin Bank

Book Number

2022.98827

Recording Date

6/23/2022

Transaction Details

Frisco Rockhill Apartments I L borrowed the property from Origin Bank through a Arms length residential transactions purchase or resales transaction on 6/23/2022 for $68,000,000.

3/9/2020

Helocs both purchase money and non purchase money helocs$250,000

Borrower

Frisco Rockhill Apartments I Lp

Lender

Origin Bank

Book Number

2020.357970

Recording Date

3/9/2020

Transaction Details

Frisco Rockhill Apartments I Lp borrowed the property from Origin Bank through a Helocs both purchase money and non purchase money helocs transaction on 3/9/2020 for $250,000.

Property constructed in 2020

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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	$7,347,248	$80,299,834	$87,647,082	$87,647,082	Frisco Rockhill Apar...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	A0148	S11626	612,271	491,094
2025	$7,347,248	$75,652,752	$83,000,000	$83,000,000	Frisco Rockhill Apar...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	A0148	S11626	612,271	491,094
2024	$7,347,248	$82,661,052	$90,008,300	$90,008,300	Frisco Rockhill Apar...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	A0148	S11626	612,271	491,094
2023	$7,347,248	$80,742,530	$88,089,778	$88,089,778	Frisco Rockhill Apar...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	A0148	S11626	612,271	491,094
2022	$7,347,248	$47,016,136	$54,363,384	$54,363,384	Frisco Rockhill Apar...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	-	S11626	612,271	491,094
2021	$4,898,165	$3,523,689	$8,421,854	$8,421,854	Frisco Rockhill Apar...	17120 Dallas Parkway	Trike Addition (Cfr)...	-	S11626	612,271	491,094
2020	$4,285,895	-	$2,347	$4,285,895	Frisco Rockhill Apar...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	-	S11626	612,271	-
2019	$8,697,952	-	$5,954	$8,697,952	Foursome Links Partn...	17120 Dallas Pkwy St...	Trike Addition (Cfr)...	-	S11626	612,271	-
2018	-	-	-	-	Triad Frisco Partner...	410 N Carroll Ave St...	Trike Addition (Cfr)...	-	S11626	1,581,446	-

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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 ↕
15950 Paramount Way, Frisco, TX 75033	2784506	Apartments	Apartment Garden (1 - 4 stories)	Frisco Rockhill Apartments I Lp	Collin	-	-	-	-	2020	491,094	375
7777 Adelaide St, Frisco, TX 75034	678793	Apartments	Apartment Garden (1 - 4 stories)	Hp Maxwell Llc	Denton	4.8	$ 57,216,600	2025-05-13	$ 172.15	2017	332,361	325
16220 Phoebe Rd, Frisco, TX 75035	2807390	Apartments	Apartment Garden (1 - 4 stories)	Frisco Apartments Acquisitions I Llc &	Collin	6.6	$ 93,765,000	2024-07-09	$ 189.95	2021	493,621	-
3700 Legacy Dr Unit 320 Unit320, Frisco, TX 75034	2087227	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Legacy Drive Frisco Llc	Collin	6.9	$ 86,117,500	2025-08-25	$ 223.86	1999	384,698	320
7201 Stacy Rd Unit33, Mckinney, TX 75070	2838477	Apartments	Apartment Garden (1 - 4 stories)	Trg Stacy Alma Llc &	Collin	7.8	$ 64,584,800	2025-11-21	$ 139.06	2022	464,454	33
5225 Town Country Blvd, Frisco, TX 75034	500870	Apartments	Apartment Garden (1 - 4 stories)	Nap Rovello Stonebriar Commons Lp	Denton	8.4	$ 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	8.4	$ 35,546,900	2025-10-28	$ 113.99	2016	311,855	216
3191 Medical Center Dr Unit348, Mckinney, TX 75069	2512772	Apartments	Apartment Garden (1 - 4 stories)	Housing Authority Of The City Of Mckinney Texas	Collin	11.5	$ 117,754,210	2024-10-17	$ 365.72	2001	321,982	348
2001 E Spring Creek Pkwy Unit300, Plano, TX 75074	2070489	Apartments	Apartment Garden (1 - 4 stories)	Spring Creek Fee Owner Llc	Collin	13.4	$ 58,235,380	2024-08-21	$ 201.08	1997	289,620	300
4689 Mustang Pkwy, Carrollton, TX 75010	633052	Apartments	Apartment Garden (1 - 4 stories)	Mustang Pkwy Mf Prop Llc	Denton	12.1	$ 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	11.9	$ 44,688,000	2025-09-29	$ 131.26	1996	340,451	346

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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 ↕
—	15950 Paramount Way, Frisco, TX 75033	—	-	612,271	2020	491,094	$ 100,412,189	$ 7,347,248	-
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	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 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	8123 Ohio Dr Unit191, Plano, TX 75024	08/29/2025	$ 116,000,000	898,469	1998	212,507	$ 27,709,648	$ 13,477,035
Kcore Lending I Lp	2300 Kathryn Ln Unit480, Plano, TX 75025	08/19/2025	$ 77,185,000	1,470,760	1998	495,308	$ 89,672,296	$ 22,061,400	Ch Realty Xmf Plano 23 Hundre
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	-
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
Metlife Re Lending Llc	4501 Samuels Way, Frisco, TX 75033	06/18/2025	$ 42,000,000	295,816	2022	371,010	$ 60,060,000	$ 3,549,792	-
Aml Funding Llc	1519 Teresa Ann Ln, Allen, TX 75013	06/18/2025	$ 418,400	5,305	2023	2,196	$ 490,110	$ 153,615
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

Mean$ 47,252,639

Median$ 41,370,000.0

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

32093514167

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

2/1/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	LMN INVESTMENT HOLDINGS LLC
	Address Line	15950 paramount way
	City / State / Zip	frisco TX 75033
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	75033
Registration Details	SOS Code	A

License Timeline

License Issued

2/1/2024

Currently Active

Status: -

Renewal Required

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