3655 Prairie Waters Dr, Grand Prairie, TX 75052 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2019Total Assessed Value $80,510,576County Tarrant

Property Details

The Apartments property 3655 Prairie Waters Dr, Grand Prairie, TX 75052 is located in Tarrant County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $80,510,576.

The gross building area is 324,849 square feet and the land area is 588,887 square feet for this Apartment Garden (1 - 4 stories) built in 2019.

Legal description: Prairie Waters - Southgate Devel Block B Lot 3

$80,510,576

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,707

Avg Rent

Property Image of 3655 Prairie Waters Dr, Grand Prairie, TX 75052, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area324,849

Land Size588,887

Land Value$2,944,435

Improved Value$77,566,141

Total Assessed Value$80,510,576

Year Built2019

County NameTarrant

Account Number42424036

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories2

Garage TypeDetached Garages,Covered Parking/Carport

Bedrooms12

Bathrooms12

Access Gates1

Business Center1

10ft Ceilings1

Number of Units352

Elevator

Sales History

10/23/2020

Arms-length$54,031,300

Buyer

Buchanan Street Partners

Seller

Trg Southgate Ii Lp

Book Number

2020.274814

Recording Date

10/23/2020

Transaction Details

Buchanan Street Partners acquired the property from Trg Southgate Ii Lp through a Arms-length transaction on 10/23/2020 for $54,031,300.

Property constructed in 2019

YSale Price (USD) byXSales Year

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Mortgage History

10/23/2020

Helocs both purchase money and non purchase money helocs$43,225,000

Borrower

Bsp Cottonwood Heights Llc

Lender

Walker & Dunlop Llc

Book Number

220274815

Recording Date

10/23/2020

Transaction Details

Bsp Cottonwood Heights Llc borrowed the property from Walker & Dunlop Llc through a Helocs both purchase money and non purchase money helocs transaction on 10/23/2020 for $43,225,000.

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	$2,944,435	$81,561,784	$84,506,219	$84,506,219	Bsp Cottonwood Heigh...	3501 Jamboree Rd Sui...	Prairie Waters - Sou...	Aptsouthar	32930L	588,887	324,849
2025	$2,944,435	$77,566,141	$80,510,576	$80,510,576	Bsp Cottonwood Heigh...	3501 Jamboree Rd Sui...	Prairie Waters - Sou...	APT-South	Apt-South Arlington/...	588,887	324,849
2024	$2,944,435	$71,155,565	$74,100,000	$74,100,000	Bsp Cottonwood Heigh...	3501 Jamboree Rd Sui...	Prairie Waters - Sou...	APT-South	Apt-South Arlington/...	588,887	324,849
2023	$2,944,435	$63,655,565	$66,600,000	$66,600,000	Bsp Cottonwood Heigh...	3501 Jamboree Rd Sui...	Prairie Waters - Sou...	APT-South Arlington/Mansfield/Kennedale	Apt-South Arlington/...	588,887	324,849
2022	$2,944,435	$59,555,565	$62,500,000	$62,500,000	Bsp Cottonwood Heigh...	3501 Jamboree Rd Sui...	Prairie Waters - Sou...	APT-South	Apt-South	588,887	324,849
2021	$2,944,435	$53,055,565	$56,000,000	$56,000,000	Bsp Cottonwood Heigh...	3501 Jamboree Rd Sui...	Prairie Waters - Sou...	APT-South	APT-South	588,887	324,849
2020	$2,944,435	$49,755,565	$52,700,000	$52,700,000	Trg Southgate Ii Lp	8235 Douglas Ave Ste...	Prairie Waters - Sou...	APT-South	APT-South	588,887	324,849
2019	$353,333	-	$353,333	$353,333	Trg Southgate Ii Lp	8235 Douglas Ave Ste...	Prairie Waters - Sou...	Vacant Unp	Vacant Unp	588,887	-

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Showing 1 to 8 of 8 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 ↕
3655 Prairie Waters Dr, Grand Prairie, TX 75052	42424036	Apartments	Apartment Garden (1 - 4 stories)	Bsp Cottonwood Heights Llc	Tarrant	-	$ 54,031,300	2020-10-23	$ 166.33	2019	324,849	352
2000 Nahvi Rd, Mansfield, TX 76063	42821400	Apartments	Apartment Garden (1 - 4 stories)	Ch Realty Ixjlb Mf Dallas Man	Tarrant	3.5	$ 66,832,500	2025-08-21	$ 156.64	2022	426,667	1
401 N State Hwy 360, Mansfield, TX 76063	42662484	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	2.7	$ 70,323,750	2024-09-06	$ 207.32	2021	339,196	354
365 Uptown Blvd, Cedar Hill, TX 75104	160456400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bw Midtown Cedar Hill Llc	Dallas	7.3	$ 59,045,350	2025-10-16	$ 132.34	2013	446,164	354
320 W Pleasant Run Rd, Cedar Hill, TX 75104	16037720000010000	Apartments	Apartment Garden (1 - 4 stories)	Jpt Cedar Hill Investco I Llc	Dallas	7.2	$ 56,867,500	2024-11-26	$ 151.94	2018	374,277	300
2650 S Forum Dr, Grand Prairie, TX 75052	40975517	Apartments	Apartment Garden (1 - 4 stories)	Cw Forum Llc	Tarrant	5.7	$ 40,358,850	2024-11-19	$ 119.51	2005	337,690	304
251 E Bardin Rd, Arlington, TX 76018	07697163	Apartments	Apartment Garden (1 - 4 stories)	Ranchthree0five Nrde Llc	Tarrant	5.1	$ 32,854,990	2024-12-30	$ 162.44	2003	202,262	226
1225 Ih 20, Grand Prairie, TX 75052	28103730010020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	5.5	$ 85,600,000	2024-12-20	$ 176.39	2021	485,300	380
6165 Ridge Center Dr, Dallas, TX 75236	00000816038101100	Apartments	Apartment Garden (1 - 4 stories)	Jefferson Cedar Ridge Llc	Dallas	9.4	$ 63,042,000	2025-11-07	$ 165.19	2022	381,633	360
8004 W Virginia Dr, Dallas, TX 75237	00754700020040000	Apartments	Apartment Garden (1 - 4 stories)	Dhfc West Virginia Landowner Llc	Dallas	11.6	$ 25,915,050	2024-07-30	$ 117.28	2003	220,975	204
485 Rolling Hills Pl, Lancaster, TX 75146	36079700000020000	Apartments	Apartment Garden (1 - 4 stories)	Creekwood Place Ltd	Dallas	15.0	$ 24,655,540	2025-11-11	$ 117.55	1997	209,742	176

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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 ↕
—	3655 Prairie Waters Dr, Grand Prairie, TX 75052	—	-	588,887	2019	324,849	$ 80,510,576	$ 2,944,435	-
Orix Re Holdings Llc	5900 W Sublett Rd, Arlington, TX 76017	09/09/2025	$ 24,600,000	391,710	2022	167,643	$ 39,687,804	$ 1,566,840	Bvfd Arlington Owner Llc
Berkeley Point Capital Llc	1500 E Arbrook Blvd, Arlington, TX 76014	08/20/2025	$ 35,553,000	1,533,747	1998	529,992	$ 79,249,520	$ 4,026,086	-
Berkeley Point Capital Llc	4940 S State Hwy 360, Grand Prairie, TX 75052	08/01/2025	$ 14,171,000	369,780	2005	171,367	$ 10,395,850	$ 795,029	At Owner 15 Lp
Acre Credit Fund Ii Gs Ii Llc	250 W Arbrook Blvd, Arlington, TX 76014	06/27/2025	$ 28,250,000	165,497	2017	226,405	$ 26,500,000	$ 1,365,351
Pnc Bank Na	2020 S Cooper St, Arlington, TX 76013	06/23/2025	$ 15,000,000	631,010	1984	257,077	$ 39,962,620	$ 946,515	Shadow Brook Mutual Housing Co
Arbor Realty Sr Inc	Bardin Rd, Grand Prairie, TX	05/15/2025	$ 50,000,000	1,018,748	2022	298,234	$ 28,664,102	$ 3,565,618	South Central Development Llc
Ent Community Loan Fund Inc	501 Kings Way Dr, Mansfield, TX 76063	04/30/2025	$ 794,000	102,192	1985	24,208	$ 1,317,980	$ 153,288	Pecan Bend Apartments Ltd
Cbre Capital Markets Inc	3099 Parham Dr, Grand Prairie, TX 75052	03/31/2025	$ 10,179,000	371,131	1985	126,216	$ 20,481,718	$ 1,298,958	Hlc Mosaic Windscape Llc
Colliers Mortgage Llc	310 W Pioneer Pkwy, Arlington, TX 76010	03/14/2025	$ 8,056,000	87,120	1968	34,704	$ 4,996,757	$ 304,920	Starcore Wv Llc
Citibank Na	251 E Bardin Rd, Arlington, TX 76018	12/30/2024	$ 24,703,000	548,408	2003	202,262	$ 48,941,344	$ 2,295,087	Ranchthree0five Nrde Llc

Mean$ 34,249,538

Median$ 20,772,500.0

Loan Amount Range$ 794,000 - $ 305,546,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32093513573

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/31/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	A.LEWIS LEGACY EXPRESS LLC
	Address Line	3655 prairie waters dr apt 430
	City / State / Zip	grand prairie TX 75052
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48439
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75052
Registration Details	SOS Code	A

License Timeline

License Issued

1/31/2024

Currently Active

Status: -

Renewal Required

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