11771 Mira Lago Blvd, Farmers Branch, TX 75234 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2018Total Assessed Value $74,750,000County Dallas

Property Details

The Apartments property 11771 Mira Lago Blvd, Farmers Branch, TX 75234 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $74,750,000.

The gross building area is 317,551 square feet and the land area is 230,520 square feet for this Apartment Garden (1 - 4 stories) built in 2018.

Legal description: Dominion Blk A Lt 1 Acs 5.292 Int201700347824 Dd121012017 Co-Dc 0699500A00100 9Cf0699500A

$74,750,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,388

Avg Rent

Property Image of 11771 Mira Lago Blvd, Farmers Branch, TX 75234, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area317,551

Land Size230,520

Land Value$2,766,240

Improved Value$71,983,760

Total Assessed Value$74,750,000

Year Built2018

County NameDallas

Account Number240699500A0010000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionTilt up pre cast concrete

No of Stories4

Garage TypeParking Garage

Basement3

Bedrooms17

Bathrooms15

PatioAvailable

Access Gates1

9ft Ceilings1

Walk-in Closets1

Emergency Maintenance1

Granite Countertops1

Steel Appliances1

Number of Units256

Elevator

Exterior WallsBrick

Sales History

4/18/2024

Arms-lengthNot Disclosed

Buyer

Tci Dc Inc

Seller

T Sorento Inc

Book Number

2025.35493

Recording Date

4/18/2024

Transaction Details

Tci Dc Inc acquired the property from T Sorento Inc through a Arms-length transaction on 4/18/2024 for .

Property constructed in 2018

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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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	$2,766,240	$63,233,760	$66,000,000	$66,000,000	Dmc Apartments Lp	1603 Lyndon B Johnso...	Dominion Blk A Lt 1 ...	1AS001	-	230,520	317,551
2025	$2,766,240	$59,983,760	$62,750,000	$62,750,000	Dmc Apartments Lp	1603 Lyndon B Johnso...	Dominion Blk A Lt 1 ...	1AS001	Dominion	230,520	317,551
2024	$2,766,240	$59,983,760	$62,750,000	$62,750,000	Dmc Apartments Lp	1603 Lyndon B Johnso...	Dominion Blk A Lt 1 ...	1As001	DOMINION	230,520	317,551
2023	$2,766,240	$58,733,760	$61,500,000	$61,500,000	Dmc Apartments Lp	1603 Lbj Fwy Ste 800	Dominion Blk A Lt 1 ...	1AS001	DOMINION	230,520	317,551
2022	$2,766,240	$43,233,760	$46,000,000	$46,000,000	Dmc Apartments Lp	1603 Lbj Fwy Ste 800	Dominion Blk A Lt 1 ...	1AS001	-	230,520	317,551
2021	$3,227,280	$35,272,720	$38,500,000	$38,500,000	Dmc Apartments Lp	1603 Lbj Fwy Ste 800	Dominion Blk A Lt 1 ...	1AS001	DOMINION	230,520	317,551

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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 ↕
11771 Mira Lago Blvd, Farmers Branch, TX 75234	240699500A0010000	Apartments	Apartment Garden (1 - 4 stories)	Dmc Apartments Lp	Dallas	-	-	-	-	2018	317,551	256
6411 Tranquilo, Irving, TX 75039	320056400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Pure La Villita Apts Llc	Dallas	0.9	$ 59,185,000	2025-09-12	$ 222.55	2006	265,944	306
9921 W Valley Ranch Pkwy, Irving, TX 75063	320864600A03R0000	Apartments	Apartment Garden (1 - 4 stories)	Criterion International	Dallas	2.9	$ 42,301,980	2025-06-17	$ 156.48	2023	270,329	236
555 Promenade Pkwy, Irving, TX 75039	322422200A0010000	Apartments	Apartment Garden (1 - 4 stories)	Jdfw Ii Llc	Dallas	2.3	$ 156,940,000	2025-11-25	$ 342.12	2018	458,730	387
101 Cimarron Trl, Irving, TX 75063	322737600A0010000	Apartments	Apartment Garden (1 - 4 stories)	Camden Operating Lp	Dallas	2.2	$ 42,932,400	2025-07-01	$ 147.00	1992	292,049	286
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	2.9	$ 61,479,250	2024-12-09	$ 176.06	2007	349,199	341
801 Lake Carolyn Pkwy, Irving, TX 75039	323111100A0010000	Apartments	Apartment Garden (1 - 4 stories)	Sam 801 Lasco Owner Llc	Dallas	2.8	$ 73,482,500	2024-12-19	$ 197.13	2016	372,753	422
515 Promenade Pkwy, Irving, TX 75039	322422200A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	2.2	$ 117,385,000	2024-12-04	$ 229.25	2020	512,030	433
11900 Commerce St, Farmers Branch, TX 75234	99220428900000000	Apartments	Apartment Garden (1 - 4 stories)	Kre Wren Owner Llc	Dallas	0.8	$ 95,760,000	2024-06-11	$ 230.84	2022	414,835	379
1415 S Broadway St, Carrollton, TX 75006	140005000R02R0000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lyv Broadway Owner Lp	Dallas	3.2	$ 78,470,000	2024-06-28	$ 213.31	2019	367,875	390
1011 S Main St, Carrollton, TX 75006	141079400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lux On Main Owner Lp	Dallas	3.5	$ 68,495,000	2024-10-08	$ 212.89	2018	321,732	352

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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 ↕
—	11771 Mira Lago Blvd, Farmers Branch, TX 75234	—	-	230,520	2018	317,551	$ 74,750,000	$ 2,766,240	-
Cbre Capital Markets Inc	9921 W Valley Ranch Pkwy, Irving, TX 75063	06/17/2025	$ 31,806,000	230,376	2023	270,329	$ 34,982,400	$ 1,843,010	Intl Valley Ranch Re Llc
Greystone Servicing Co Llc	1355 Meadow Creek Dr, Irving, TX 75038	06/04/2025	$ 20,725,000	538,470	1984	243,505	$ 39,878,700	$ 7,000,110	Akasa Vanam Limited Partnershi
Ameritas Life Insurance Corp	2727 W Walnut Hill Ln, Irving, TX 75038	06/01/2025	$ 8,300,000	326,700	1975	144,068	$ 24,440,000	$ 3,267,000	Lpd Realty Llc
First National Bank And Trust	1570 Lbj Fwy, Farmers Branch, TX 75234	05/15/2025	$ 9,000,000	52,185	2016	61,245	$ 7,700,000	$ 626,220	Dhillon Investors Llc
Regions Bank	1850 Mercer Pkwy, Farmers Branch, TX 75234	05/01/2025	$ 62,506,400	466,876	2018	578,538	$ 68,500,000	$ 3,735,010	Wria 20172 Lp
Arbor Commercial Funding I Llc	11661 Dennis Rd, Dallas, TX 75229	04/30/2025	$ 27,090,000	390,502	1974	210,128	$ 32,269,140	$ 3,124,020	Touro Midtown De Llc
Regions Bank	1900 Mercer Pkwy, Farmers Branch, TX 75234	04/28/2025	$ 61,034,400	429,589	2018	589,083	$ 67,497,560	$ 4,081,100	Wria 20174 Lp
Cvi Loan Sub Holdings Iv Llc	9727 Dale Crest Dr, Dallas, TX 75220	04/21/2025	$ 128,000,000	274,384	1972	117,888	$ 18,101,030	$ 1,783,500	Spanish Pueblo Leasehold Llc
Jll Real Estate Capital Llc	5302 Carnaby St, Irving, TX 75038	03/31/2025	$ 37,700,000	403,017	1995	222,436	$ 53,312,030	$ 6,045,260	Montgomery Acquisition I Llc
Barclays Capital Re Inc	8801 Rodeo Dr, Irving, TX 75063	03/24/2025	$ 32,000,000	440,783	1986	174,548	$ 40,069,980	$ 2,644,700	Avalon 8801 Leasehold Llc

Mean$ 35,634,891

Median$ 29,250,000.0

Loan Amount Range$ 207,367 - $ 128,000,000

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Tenant Details

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License Details

License Number

32093600339

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

2/15/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	RIZZI RAY'S BOUTIQUE LLC
	Address Line	11771 mira lago blvd apt 1329
	City / State / Zip	farmers branch TX 75234
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	75234
Registration Details	SOS Code

License Timeline

License Issued

2/15/2024

Currently Active

Status: -

Renewal Required

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