12639 Coit Rd, Dallas, TX 75251 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2016Total Assessed Value $99,261,900County Dallas

Property Details

The Apartments property 12639 Coit Rd, Dallas, TX 75251 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $99,261,900.

The gross building area is 385,307 square feet and the land area is 391,996 square feet for this Apartment Garden (1 - 4 stories) built in 2016.

Legal description: Park Central Mf Ph 2 Blk C/7731 Lt 2 Acs 8.999 Int202200306184 Dd12012022 Co-Dc 7731 00C 00200 0Da7731 00C

$99,261,900

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,423

Avg Rent

Property Image of 12639 Coit Rd, Dallas, TX 75251, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area385,307

Land Size391,996

Land Value$9,407,900

Improved Value$89,854,000

Total Assessed Value$99,261,900

Year Built2016

County NameDallas

Account Number007731000C0020000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories4

Garage TypeCovered Parking/Carport,Detached Garages

Bedrooms23

Bathrooms22

PatioAvailable

Business Center1

Vaulted Ceilings1

Walk-in Closets1

Granite Countertops1

Steel Appliances1

Number of Units322

Elevator

Exterior WallsBrick

Sales History

12/1/2022

Arms-length$94,948,700

Buyer

Dhfc The Briscoe Apartments Llc

Seller

12639 Coit Dallas Llc

Book Number

202200306184

Recording Date

12/1/2022

Transaction Details

Dhfc The Briscoe Apartments Llc acquired the property from 12639 Coit Dallas Llc through a Arms-length transaction on 12/1/2022 for $94,948,700.

10/1/2020

Arms-length$48,125,000

Buyer

12639 Coit Dallas Llc

Seller

Lmi Park Central Two Llc

Book Number

2020.272305

Recording Date

10/1/2020

Transaction Details

12639 Coit Dallas Llc acquired the property from Lmi Park Central Two Llc through a Arms-length transaction on 10/1/2020 for $48,125,000.

1/10/2020

Arms-length$48,125,000

Buyer

Madera Residential

Seller

Lmi Park Central Two Llc

Book Number

Recording Date

1/10/2020

Transaction Details

Madera Residential acquired the property from Lmi Park Central Two Llc through a Arms-length transaction on 1/10/2020 for $48,125,000.

10/4/2013

Arms-lengthNot Disclosed

Buyer

Lmi Park Central Two Llc

Seller

Lennar Multifamily Investor Llc And Allums John R

Book Number

201300315447

Recording Date

10/4/2013

Transaction Details

Lmi Park Central Two Llc acquired the property from Lennar Multifamily Investor Llc And Allums John R through a Arms-length transaction on 10/4/2013 for .

Property constructed in 2016

YSale Price (USD) byXSales Year

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Mortgage History

12/1/2022

New construction residential transactions$7,139,000

Borrower

Dhfc The Briscoe Apartments Llc

Lender

Dallas City Housing Finance Corporation

Book Number

202200306185

Recording Date

12/1/2022

Transaction Details

Dhfc The Briscoe Apartments Llc borrowed the property from Dallas City Housing Finance Corporation through a New construction residential transactions transaction on 12/1/2022 for $7,139,000.

10/1/2020

Helocs both purchase money and non purchase money helocs$38,500,000

Borrower

12639 Coit Dallas Llc

Lender

Insurance Strategy Funding Corp, Llc

Book Number

202000272306

Recording Date

10/1/2020

Transaction Details

12639 Coit Dallas Llc borrowed the property from Insurance Strategy Funding Corp, Llc through a Helocs both purchase money and non purchase money helocs transaction on 10/1/2020 for $38,500,000.

Property constructed in 2016

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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	$9,407,900	$97,108,800	$106,516,700	$106,516,700	Dhfc The Briscoe Apt...	1500 Marilla St Rm 6...	Park Central Mf Ph 2...	1DSD05	-	391,996	385,307
2025	$9,407,900	$89,854,000	$99,261,900	$99,261,900	Dhfc The Briscoe Apt...	City Of Dallas Hfc 1...	Park Central Mf Ph 2...	1DSD05	Park Central Vi	391,996	385,307
2024	$9,407,900	$89,854,000	$99,261,900	$99,261,900	Dhfc The Briscoe Apt...	1500 Marilla St Rm 6...	Park Central Mf Ph 2...	1DSD05	PARK CENTRAL VI	391,996	385,307
2023	$9,407,900	$74,355,300	$83,763,200	$83,763,200	Dhfc The Briscoe Apt...	%city Of Dallas Hfc,...	Park Central Mf Ph 2...	1DSD05	PARK CENTRAL VI	391,996	385,307
2022	$9,407,900	$47,092,100	$56,500,000	$56,500,000	12639 Coit Dallas Ll...	% Madera Residential...	Park Central Mf Ph 2...	1DSD05	-	391,996	385,307
2021	$9,407,900	$42,892,100	$52,300,000	$52,300,000	12639 Coit Dallas Ll...	% Madera Residential...	Park Central Mf Ph 2...	1DSD05	PARK CENTRAL VI	391,996	385,307
2020	$9,407,900	$37,544,100	$46,952,000	$46,952,000	Lmi Park Central Two...	500 E Morehead St	Park Central Mf Ph 2...	1DSD05	-	391,996	385,307

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Showing 1 to 7 of 7 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 ↕
12639 Coit Rd, Dallas, TX 75251	007731000C0020000	Apartments	Apartment Garden (1 - 4 stories)	Dhfc The Briscoe Apts Llc	Dallas	-	$ 94,948,700	2022-12-01	$ 246.42	2016	385,307	322
8240 Meadow Rd, Dallas, TX 75231	005213000E0010000	Apartments	Apartment Garden (1 - 4 stories)	Wp Midtown Mf Dfw Owner Llc &	Dallas	2.4	$ 51,657,200	2025-04-15	$ 118.48	2016	436,012	422
5301 Alpha Rd, Dallas, TX 75240	00C79640000000100	Apartments	Apartment Garden (1 - 4 stories)	52 Votg Llc	Dallas	2.8	$ 35,910,000	2025-05-09	$ 150.42	2005	238,739	202
7900 Churchill Way, Dallas, TX 75251	007731000A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance	Dallas	0.2	$ 64,884,050	2025-02-24	$ 163.52	1998	396,806	308
9330 Lookout Pt, Dallas, TX 75231	008125000B0010000	Apartments	Apartment Garden (1 - 4 stories)	Hilltop Lookout Property	Dallas	3.8	$ 50,421,630	2025-08-11	$ 179.48	2016	280,934	259
540 Buckingham Rd, Richardson, TX 75081	420175100B0010000	Apartments	Apartment Garden (1 - 4 stories)	Sweetwater Owner Llc	Dallas	3.1	$ 45,444,770	2024-12-16	$ 163.89	1994	277,296	312
8749 Southwestern Blvd, Dallas, TX 75206	00000394918000000	Apartments	Apartment Garden (1 - 4 stories)	Pcv Upper East Side Llc	Dallas	4.3	$ 58,985,500	2024-12-20	$ 194.96	2012	302,553	322
8603 Southwestern Blvd, Dallas, TX 75206	005414000D0040000	Apartments	Apartment Garden (1 - 4 stories)	Pcv Northbridge Llc	Dallas	4.3	$ 102,872,840	2024-12-20	$ 270.76	1999	379,935	390
6550 Shady Brook Ln, Dallas, TX 75206	005413000A02A0000	Apartments	Apartment Garden (1 - 4 stories)	Pcv Dakota Llc	Dallas	4.1	$ 81,795,000	2024-12-20	$ 121.27	2006	674,474	496
6044 E Lovers Ln, Dallas, TX 75206	005406001103A0000	Apartments	Apartment Garden (1 - 4 stories)	Reserve Wp Llc &	Dallas	4.9	$ 55,860,000	2025-12-01	$ 241.93	2009	230,897	149
9010 Markville Dr, Dallas, TX 75243	0084090B000020000	Apartments	Apartment Garden (1 - 4 stories)	Iotm Llc	Dallas	1.3	$ 53,865,000	2025-08-28	$ 276.22	1986	195,009	240

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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 ↕
—	12639 Coit Rd, Dallas, TX 75251	—	-	391,996	2016	385,307	$ 99,261,900	$ 9,407,900	-
Us Bank Trust Na	8901 Vantage Point Dr, Dallas, TX 75243	08/28/2025	$ 40,500,000	183,518	1986	105,540	$ 19,619,140	$ 2,569,250	Markville Owner Llc
Zions Bancorporation Na	9309 Lbj Fwy, Dallas, TX 75243	07/30/2025	$ 1,839,500	25,678	1983	18,180	$ 3,462,640	$ 231,100	Lyndon 9309 Llc
Cbre Capital Markets Inc	5800 Preston Oaks Rd, Dallas, TX 75254	05/29/2025	$ 13,695,000	377,927	1979	169,043	$ 21,000,000	$ 13,227,450	Westdale Preston Oaks Ltd
Oceanview Life & Annuity Co	7880 Alpha Rd, Dallas, TX 75240	05/21/2025	$ 11,357,431	151,110	1997	88,244	$ 15,327,320	$ 2,266,650	Avia Dfw Alpha Llc
Arbor Commercial Funding I Llc	740 W Spring Valley Rd, Richardson, TX 75080	05/20/2025	$ 6,650,000	111,122	1965	56,694	$ 5,175,000	$ 888,980	Brazos Oaks Sv Llc
Towerkeep Vi Aiv Ntx Llc	5301 Alpha Rd, Dallas, TX 75240	05/09/2025	$ 27,000,000	275,473	2005	238,739	$ 48,264,640	$ 3,374,540	Pecos Housing Finance Corporation
Lrecs Holdings Ia Llc	5734 Preston View Blvd, Dallas, TX 75240	04/30/2025	$ 26,000,000	354,465	1971	204,748	$ 29,900,000	$ 12,406,280	Regal Court Llc
Wells Fargo Bank Na	8240 Meadow Rd, Dallas, TX 75231	04/15/2025	$ 38,840,000	475,500	2016	436,012	$ 75,700,000	$ 9,510,000	8250 North Meadow Owner Llc
Prosperity Bank	9659 Forest Ln, Dallas, TX 75243	04/03/2025	$ 17,120,000	251,759	1984	175,758	$ 24,659,470	$ 755,280	Pleasanton Housing Finance Corporation
Ashland Pvt Credit Fund Llc	9180 Forest Ln, Dallas, TX 75243	03/28/2025	$ 776,000	242,786	1983	139,689	$ 20,000,000	$ 2,913,430	Dallas 101 Tx Llc

Mean$ 24,807,324

Median$ 18,622,000.0

Loan Amount Range$ 320,000 - $ 120,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
12639 COIT RD, DALLAS, TX 75251-1705	DAVID HAVALA	2148012433	NONCLASSIFIED ESTABLISHMENTS

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Tenant Industry Distribution

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License Details

License Number

32092026080

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/18/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	NICOLAS CLARK
	Address Line	12639 coit rd apt 4105
	City / State / Zip	dallas TX 75251
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48113
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75251
Registration Details	SOS Code

License Timeline

License Issued

10/18/2023

Currently Active

Status: -

Renewal Required

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