2305 Plaza Blvd, Richardson, TX 75082 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2018Total Assessed Value $86,157,580County Dallas

Property Details

The Apartments property 2305 Plaza Blvd, Richardson, TX 75082 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $86,157,580.

The gross building area is 460,378 square feet and the land area is 209,088 square feet for this Apartment Garden (1 - 4 stories) built in 2018.

Legal description: Galatyn Urban Center Replat Blk A Lt 8A Acs 4.800 Int202100274338 Dd09132021 Co-Dc 0746700A08A00 2Cr0746700A

$86,157,580

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,615

Avg Rent

Property Image of 2305 Plaza Blvd, Richardson, TX 75082, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area460,378

Land Size209,088

Land Value$4,181,760

Improved Value$81,975,820

Total Assessed Value$86,157,580

Year Built2018

County NameDallas

Account Number420746700A08A0000

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

Bathrooms22

PatioAvailable

Wood DeckAvailable

Access Gates1

Jogging Trail1

Business Center1

Valet Trash1

Vaulted Ceilings1

Walk-in Closets1

Number of Units372

Exterior WallsBrick

Sales History

9/13/2021

Arms-lengthNot Disclosed

Buyer

2305 Plaza Tx Lp

Seller

Dd Galatyn 4 8 Llc

Book Number

2021.274338

Recording Date

9/13/2021

Transaction Details

2305 Plaza Tx Lp acquired the property from Dd Galatyn 4 8 Llc through a Arms-length transaction on 9/13/2021 for .

8/11/2021

Other$91,700,000

Buyer

2305 Plaza Tx Owner Lp

Seller

Book Number

Recording Date

8/11/2021

Transaction Details

2305 Plaza Tx Owner Lp acquired the property from through a Other transaction on 8/11/2021 for $91,700,000.

Property constructed in 2018

YSale Price (USD) byXSales Year

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Mortgage History

2/9/2022

Arms length residential transactions purchase or resales$627,000,000

Borrower

2305 Plaza Tx Owner Lp

Lender

Wells Fargo Bank National Asso

Book Number

2022.38362

Recording Date

2/9/2022

Transaction Details

2305 Plaza Tx Owner Lp borrowed the property from Wells Fargo Bank National Asso through a Arms length residential transactions purchase or resales transaction on 2/9/2022 for $627,000,000.

Property constructed in 2018

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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	$4,181,760	$76,873,120	$81,054,880	$81,054,880	2305 Plaza Tx Owner ...	435 Park Ave	Galatyn Urban Center...	3RSA03	-	209,088	460,378
2025	$4,181,760	$70,068,240	$74,250,000	$74,250,000	2305 Plaza Tx Owner ...	435 Park Ave	Galatyn Urban Center...	3RSA03	Galatyn Urban Center...	209,088	460,378
2024	$4,181,760	$71,674,620	$75,856,380	$75,856,380	2305 Plaza Tx Owner ...	435 Park Ave	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER...	209,088	460,378
2023	$4,181,760	$75,718,240	$79,900,000	$79,900,000	2305 Plaza Tx Owner ...	%blackstone Real Est...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER...	209,088	460,378
2022	$4,181,760	$61,718,240	$65,900,000	$65,900,000	2305 Plaza Tx Owner ...	%blackstone Real Est...	Galatyn Urban Center...	3RSA03	-	209,088	460,378
2021	$4,181,760	$56,782,460	$60,964,220	$60,964,220	Dd Galatyn 4 8 Llc	% Davis Development ...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER...	209,088	460,378
2020	$4,181,760	$31,568,240	$35,750,000	$35,750,000	Dd Galatyn 4 8 Llc	% Davis Development ...	Galatyn Urban Center...	3RSA03	-	209,088	460,378
2019	$4,181,760	$7,336,030	$11,517,790	$11,517,790	Dd Galatyn 4 8 Llc	% Davis Development ...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER...	209,088	460,378

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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 ↕
2305 Plaza Blvd, Richardson, TX 75082	420746700A08A0000	Apartments	Apartment Garden (1 - 4 stories)	2305 Plaza Tx Owner Lp	Dallas	-	-	-	-	2018	460,378	372
2351 Plaza Blvd, Richardson, TX 75082	420746700A07C0000	Apartments	Apartment Garden (1 - 4 stories)	Bmf Iv Lp Galatyn Station Llc	Dallas	0.1	$ 69,378,120	2025-08-27	$ 185.30	2024	374,414	361
540 Buckingham Rd, Richardson, TX 75081	420175100B0010000	Apartments	Apartment Garden (1 - 4 stories)	Sweetwater Owner Llc	Dallas	3.5	$ 45,444,770	2024-12-16	$ 163.89	1994	277,296	312
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	3.3	$ 57,190,000	2025-09-03	$ 167.81	2014	340,812	300
355 Vistaglen Dr Unit255, Plano, TX 75074	2672946	Apartments	Apartment Garden (1 - 4 stories)	Bell Valueadd Fund Viii Gateway Lp	Collin	2.6	$ 158,895,100	2024-06-20	$ 463.69	2016	342,673	255
2001 E Spring Creek Pkwy Unit300, Plano, TX 75074	2070489	Apartments	Apartment Garden (1 - 4 stories)	Spring Creek Fee Owner Llc	Collin	5.4	$ 58,235,380	2024-08-21	$ 201.08	1997	289,620	300
9330 Lookout Pt, Dallas, TX 75231	008125000B0010000	Apartments	Apartment Garden (1 - 4 stories)	Hilltop Lookout Property	Dallas	7.5	$ 50,421,630	2025-08-11	$ 179.48	2016	280,934	259
7900 Churchill Way, Dallas, TX 75251	007731000A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance	Dallas	5.8	$ 64,884,050	2025-02-24	$ 163.52	1998	396,806	308
12500 Merit Dr, Dallas, TX 75251	007731000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Maverick Ounty Housing	Dallas	5.8	$ 47,729,710	2024-10-16	$ 188.36	1997	253,394	260
701 Legacy Dr Unit346, Plano, TX 75023	2058069	Apartments	Apartment Garden (1 - 4 stories)	701 Legacy Drive Llc &	Collin	6.1	$ 44,688,000	2025-09-29	$ 131.26	1996	340,451	346
6300 Windcrest Dr Unit380, Plano, TX 75024	2058512	Apartments	Apartment Garden (1 - 4 stories)	Key Creekside Llc	Collin	7.5	$ 87,279,920	2024-09-26	$ 227.99	1996	382,817	380

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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 ↕
—	2305 Plaza Blvd, Richardson, TX 75082	—	-	209,088	2018	460,378	$ 86,157,580	$ 4,181,760	-
Rocket Mortgage Llc	1857 Bluestem Ln, Plano, TX 75075	06/02/2025	$ 512,173	1,917	2023	2,009	$ 489,469	$ 109,250
Provident Fund Assoc Lp	1855 Bluestem Ln, Plano, TX 75075	04/28/2025	$ 350,000	1,525	2023	1,728	$ 454,778	$ 109,250
Highlands Resid Mortgage Ltd	1852 Sacaton Trl, Plano, TX 75075	03/26/2025	$ 241,000	1,525	2024	1,728	$ 361,935	$ 89,700
Goldman Sachs Bank Usa	900 E Lookout Dr, Richardson, TX 75082	10/07/2024	$ 985,000,000	38,155	2000	176,900	$ 18,000,000	$ 763,100	Jdhq Hotels Llc
Colliers Mortgage Llc	4622 N Jupiter Rd, Garland, TX 75044	09/30/2024	$ 20,511,000	467,072	1983	162,456	$ 32,873,730	$ 2,802,430	Ts Asset Nova Llc
Bhome Mortgage Llc	616 Friendswood Dr, Plano, TX 75075	09/27/2024	$ 195,000	1,917	2023	2,009	$ 519,807	$ 115,000
Principal Life Insurance Co	1250 Hunt St Unit299, Richardson, TX 75082	09/25/2024	$ 30,000,000	134,078	2015	355,408	$ 74,000,000	$ 5,094,952	Imp Cityline Llc
Bhome Mortgage Llc	620 Friendswood Dr, Plano, TX 75075	09/16/2024	$ 245,000	1,525	2023	1,539	$ 452,232	$ 115,000
Secretaryhousing & Urban Dev	621 Friendswood Dr, Plano, TX 75075	09/11/2024	$ 18,017	1,525	2023	1,763	$ 470,464	$ 115,000
Sage Home Loans Corporation Ak	1865 Bluestem Ln, Plano, TX 75075	08/12/2024	$ 335,993	2,004	2023	2,009	$ 514,057	$ 109,250

Mean$ 54,324,334

Median$ 401,996.0

Loan Amount Range$ 18,017 - $ 985,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2305 PLAZA BLVD, RICHARDSON, TX 75082-4013	CUE GATALYN STATION	9722354000	REAL ESTATE MANAGEMENT

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License Details

This details prefers to stay low-key.

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