848 W Mitchell St, Arlington, TX 76013 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2018Total Assessed Value $72,461,009County Tarrant

Property Details

The Apartments property 848 W Mitchell St, Arlington, TX 76013 is located in Tarrant County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $72,461,009.

The gross building area is 492,837 square feet and the land area is 217,300 square feet for this Apartment Garden (1 - 4 stories) built in 2018.

Legal description: Mitchell St Student Housing Addn Block 1 Lot 1R

$72,461,009

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 848 W Mitchell St, Arlington, TX 76013, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area492,837

Land Size217,300

Land Value$760,550

Improved Value$71,700,459

Total Assessed Value$72,461,009

Year Built2018

County NameTarrant

Account Number42571322

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories4

Garage TypeParking Garage

Bathrooms30

PatioAvailable

Access Gates1

Walk-in Closets1

Number of Units298

Sales History

3/24/2011

Arms-length$218,800

Buyer

Texas Vh Investment Group Llc

Seller

Lamensdorf Md Hugh

Book Number

2011.72766

Recording Date

3/24/2011

Transaction Details

Texas Vh Investment Group Llc acquired the property from Lamensdorf Md Hugh through a Arms-length transaction on 3/24/2011 for $218,800.

Property constructed in 2018

YSale Price (USD) byXSales Year

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Mortgage History

12/13/2024

Arms length residential transactions purchase or resales$45,750,000

Borrower

Lender

Hdp Ms Seller Llc

Book Number

2024.223819

Recording Date

12/13/2024

Transaction Details

borrowed the property from Hdp Ms Seller Llc through a Arms length residential transactions purchase or resales transaction on 12/13/2024 for $45,750,000.

3/24/2011

Helocs both purchase money and non purchase money helocs$175,000

Borrower

Texas Vh Investment Group Llc

Lender

Bank Of America Na

Book Number

2011.72767

Recording Date

3/24/2011

Transaction Details

Texas Vh Investment Group Llc borrowed the property from Bank Of America Na through a Helocs both purchase money and non purchase money helocs transaction on 3/24/2011 for $175,000.

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	$760,550	$70,838,408	$71,598,958	$71,598,958	& 8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	Aptsouthar	26334G	217,300	492,837
2025	$760,550	$71,700,459	$72,461,009	$72,461,009	8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	APT-South	Apt-South Arlington/...	217,300	492,837
2024	$760,550	$60,139,450	$60,900,000	$60,900,000	8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	APT-South	Apt-South Arlington/...	217,300	492,837
2023	$760,550	$55,339,450	$56,100,000	$56,100,000	8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	APT-South Arlington/Mansfield	Apt-South Arlington/...	217,300	492,837
2022	$760,550	$53,239,450	$54,000,000	$54,000,000	8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	APT-South	Apt-South	217,300	492,837
2021	$760,550	$52,739,450	$53,500,000	$53,500,000	8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	APT-South	APT-South	217,300	492,837
2020	$760,550	$53,239,450	$54,000,000	$54,000,000	8four8 Mitchell Lp	2626 Cole Ave Suite ...	Mitchell St Student ...	APT-South	APT-South	217,300	492,837

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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 ↕
848 W Mitchell St, Arlington, TX 76013	42571322	Apartments	Apartment Garden (1 - 4 stories)	8four8 Mitchell Lp	Tarrant	-	-	-	-	2018	492,837	298
735 Washington Dr, Arlington, TX 76011	42642581	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	3.4	$ 79,096,300	2024-12-13	$ 172.39	2020	458,819	346
2650 S Forum Dr, Grand Prairie, TX 75052	40975517	Apartments	Apartment Garden (1 - 4 stories)	Cw Forum Llc	Tarrant	5.0	$ 40,358,850	2024-11-19	$ 119.51	2005	337,690	304
1225 Ih 20, Grand Prairie, TX 75052	28103730010020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	6.8	$ 85,600,000	2024-12-20	$ 176.39	2021	485,300	380
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	14.7	$ 61,479,250	2024-12-09	$ 176.06	2007	349,199	341
365 Uptown Blvd, Cedar Hill, TX 75104	160456400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bw Midtown Cedar Hill Llc	Dallas	13.5	$ 59,045,350	2025-10-16	$ 132.34	2013	446,164	354
6165 Ridge Center Dr, Dallas, TX 75236	00000816038101100	Apartments	Apartment Garden (1 - 4 stories)	Jefferson Cedar Ridge Llc	Dallas	11.9	$ 63,042,000	2025-11-07	$ 165.19	2022	381,633	360
515 Promenade Pkwy, Irving, TX 75039	322422200A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	14.9	$ 117,385,000	2024-12-04	$ 229.25	2020	512,030	433
320 W Pleasant Run Rd, Cedar Hill, TX 75104	16037720000010000	Apartments	Apartment Garden (1 - 4 stories)	Jpt Cedar Hill Investco I Llc	Dallas	13.1	$ 56,867,500	2024-11-26	$ 151.94	2018	374,277	300
801 Lake Carolyn Pkwy, Irving, TX 75039	323111100A0010000	Apartments	Apartment Garden (1 - 4 stories)	Sam 801 Lasco Owner Llc	Dallas	14.8	$ 73,482,500	2024-12-19	$ 197.13	2016	372,753	422
2800 Brazos Blvd, Euless, TX 76034	41563670	Apartments	Apartment Garden (1 - 4 stories)	1045 Edge Llc	Tarrant	10.6	$ 101,080,000	2025-08-28	$ 161.82	2012	624,642	417

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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 ↕
—	848 W Mitchell St, Arlington, TX 76013	—	-	217,300	2018	492,837	$ 72,461,009	$ 760,550	-
Cadence Bank Na	1800 Jay Cir, Arlington, TX 76012	09/09/2025	$ 725,000	21,850	1970	9,450	$ 962,955	$ 76,475	D & J BYLES LLC
Sofi Bank National Association	601 Greystoke Dr, Arlington, TX 76011	07/28/2025	$ 548,250	6,446	1984	3,996	$ 637,602	$ 22,561
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
Jll Real Estate Capital Llc	2601 Lynnwood Dr, Arlington, TX 76013	05/22/2025	$ 16,318,000	382,235	1968	189,675	$ 25,191,124	$ 573,352	Wakbowen Llc
Forte Bank	927 N Oak St, Arlington, TX 76011	05/07/2025	$ 2,500,000	122,142	1984	56,760	$ 10,590,281	$ 427,497	Central Area Properties Llc
Forte Bank	407 Cora St, Arlington, TX 76011	03/27/2025	$ 4,500,000	81,915	1952	44,416	$ 6,098,761	$ 286,702
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
Hdp Ms Seller Llc	848 W Mitchell St, Arlington, TX 76013	12/13/2024	$ 45,750,000	217,300	2018	492,837	$ 72,461,009	$ 760,550
Arbor Commercial Funding I Llc	307 Rose St, Arlington, TX 76010	11/26/2024	$ 2,768,000	21,000	1961	13,200	$ 2,146,188	$ 52,500	Rose Street Portfolio Llc
Arbor Commercial Funding I Llc	313 Rose St, Arlington, TX 76010	11/26/2024	$ 2,768,000	22,120	1968	14,080	$ 2,066,099	$ 55,300	Rose Street Portfolio Llc

Mean$ 10,446,654

Median$ 10,925,000.0

Loan Amount Range$ 431,992 - $ 45,750,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32090746606

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/17/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	NOBLE LORE LTD. CO.
	Address Line	848 w mitchell st apt 569
	City / State / Zip	arlington TX 76013
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	76013
Registration Details	SOS Code

License Timeline

License Issued

10/17/2023

Currently Active

Status: -

Renewal Required

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