401 N State Hwy 360, Mansfield, TX 76063 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2021Total Assessed Value $100,632,675County Tarrant

Property Details

The Apartments property 401 N State Hwy 360, Mansfield, TX 76063 is located in Tarrant County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $100,632,675.

The gross building area is 339,196 square feet and the land area is 543,460 square feet for this Apartment Garden (1 - 4 stories) built in 2021.

Legal description: Mansfield 360 Mf Addition Block 1 Lot 1

$100,632,675

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,837

Avg Rent

Property Image of 401 N State Hwy 360, Mansfield, TX 76063, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area339,196

Land Size543,460

Land Value$2,445,570

Improved Value$98,187,105

Total Assessed Value$100,632,675

Year Built2021

County NameTarrant

Account Number42662484

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

PoolSwimming Pools

No of Stories3

Garage TypeCovered Parking/Carport,Detached Garages

Bathrooms26

Access Gates1

Number of Units354

Sales History

9/6/2024

Arms-lengthNot Disclosed

Buyer

Pleasanton Housing Finance Corporation

Seller

Sydney Apartments Lp

Book Number

2024.160735

Recording Date

9/6/2024

Transaction Details

Pleasanton Housing Finance Corporation acquired the property from Sydney Apartments Lp through a Arms-length transaction on 9/6/2024 for .

9/6/2024

Arms-length$70,323,750

Buyer

Sydney Apartments Lp

Seller

Crea Heritage Reserve Llc

Book Number

2024.160734

Recording Date

9/6/2024

Transaction Details

Sydney Apartments Lp acquired the property from Crea Heritage Reserve Llc through a Arms-length transaction on 9/6/2024 for $70,323,750.

6/25/2020

Arms-length$47,138,800

Buyer

Crea Heritage Reserve Llc

Seller

Fabian Larry J

Book Number

2020.154554

Recording Date

6/25/2020

Transaction Details

Crea Heritage Reserve Llc acquired the property from Fabian Larry J through a Arms-length transaction on 6/25/2020 for $47,138,800.

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

9/6/2024

New construction residential transactions$52,875,000

Borrower

Sydney Apartments Lp

Lender

Cbre Capital Markets Inc

Book Number

2024.160738

Recording Date

9/6/2024

Transaction Details

Sydney Apartments Lp borrowed the property from Cbre Capital Markets Inc through a New construction residential transactions transaction on 9/6/2024 for $52,875,000.

6/25/2020

Reo and trustee deeds$37,711,000

Borrower

Crea Heritage Reserve, Llc

Lender

Veritex Community Bank

Book Number

220154559

Recording Date

6/25/2020

Transaction Details

Crea Heritage Reserve, Llc borrowed the property from Veritex Community Bank through a Reo and trustee deeds transaction on 6/25/2020 for $37,711,000.

Property constructed in 2021

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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	$2,445,570	$79,929,889	$82,375,459	$82,375,459	Pleasanton Housing F...	108 Second St	Mansfield 360 Mf Add...	Aptsouthar	24768B	543,460	339,196
2025	$2,445,570	$98,187,105	$100,632,675	$100,632,675	Pleasanton Housing F...	108 Second St	Mansfield 360 Mf Add...	APT-South	Apt-South Arlington/...	543,460	339,196
2024	$2,445,570	$64,554,430	$67,000,000	$67,000,000	Crea Heritage Reserv...	14881 Quorum Dr Ste ...	Mansfield 360 Mf Add...	APT-South	Apt-South Arlington/...	543,460	339,196
2023	$1,545,570	$63,404,430	$64,950,000	$64,950,000	Crea Heritage Reserv...	14881 Quorum Dr Ste ...	Mansfield 360 Mf Add...	APT-South Arlington/Mansfield	Apt-South Arlington/...	543,460	339,196
2022	$1,545,570	$33,948,101	$35,493,671	$35,493,671	Crea Heritage Reserv...	14881 Quorum Dr Ste ...	Mansfield 360 Mf Add...	APT-South	Apt-South	543,460	339,196
2021	$4,347,680	-	$4,347,680	$4,347,680	Crea Heritage Reserv...	14881 Quorum Dr Ste ...	Mansfield 360 Mf Add...	RET-Arling	RET-Arling	543,460	-

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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 ↕
401 N State Hwy 360, Mansfield, TX 76063	42662484	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	-	$ 70,323,750	2024-09-06	$ 207.32	2021	339,196	354
2000 Nahvi Rd, Mansfield, TX 76063	42821400	Apartments	Apartment Garden (1 - 4 stories)	Ch Realty Ixjlb Mf Dallas Man	Tarrant	1.3	$ 66,832,500	2025-08-21	$ 156.64	2022	426,667	1
251 E Bardin Rd, Arlington, TX 76018	07697163	Apartments	Apartment Garden (1 - 4 stories)	Ranchthree0five Nrde Llc	Tarrant	7.3	$ 32,854,990	2024-12-30	$ 162.44	2003	202,262	226
365 Uptown Blvd, Cedar Hill, TX 75104	160456400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bw Midtown Cedar Hill Llc	Dallas	8.2	$ 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	8.3	$ 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	8.5	$ 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	8.1	$ 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	11.5	$ 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	13.3	$ 25,915,050	2024-07-30	$ 117.28	2003	220,975	204
735 Washington Dr, Arlington, TX 76011	42642581	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	14.1	$ 79,096,300	2024-12-13	$ 172.39	2020	458,819	346
701 Archbury Rd, Fort Worth, TX 76028	42782901	Apartments	Apartment Garden (1 - 4 stories)	Hpi Burleson Llc	Tarrant	14.5	$ 41,150,200	2025-02-28	$ 129.86	2022	316,872	1

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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 ↕
—	401 N State Hwy 360, Mansfield, TX 76063	—	-	543,460	2021	339,196	$ 100,632,675	$ 2,445,570	-
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	-
Keybank National Association	211 N Joe Wilson Rd, Cedar Hill, TX 75104	08/01/2025	$ 30,875,000	728,323	2022	176,010	$ 29,225,460	$ 585,200	Smc Cedar Hill Llc
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
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$ 35,838,962

Median$ 23,415,000.0

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

32090524318

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

7/4/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	MORGAN JONES
	Address Line	401 n state highway 360 apt 12
	City / State / Zip	mansfield TX 76063
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	76063
Registration Details	SOS Code

License Timeline

License Issued

7/4/2023

Currently Active

Status: -

Renewal Required

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