6490 Iron Horse Blvd, North Richland Hills, TX 76180 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2020Total Assessed Value $74,818,070County Tarrant

Property Details

The Apartments property 6490 Iron Horse Blvd, North Richland Hills, TX 76180 is located in Tarrant County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $74,818,070.

The gross building area is 381,000 square feet and the land area is 380,555 square feet for this Apartment Garden (1 - 4 stories) built in 2020.

Legal description: Iron Horse Heights Block 1 Lot 1

$74,818,070

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,114

Avg Rent

Property Image of 6490 Iron Horse Blvd, North Richland Hills, TX 76180, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area381,000

Land Size380,555

Land Value$1,331,942

Improved Value$73,486,128

Total Assessed Value$74,818,070

Year Built2020

County NameTarrant

Account Number42717386

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Garage TypeDetached Garages

Bathrooms15

PatioAvailable

9ft Ceilings1

Vaulted Ceilings1

Walk-in Closets1

Steel Appliances1

Number of Units328

Sales History

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Mortgage History

3/31/2022

Arms length residential transactions purchase or resales$52,000,000

Borrower

Lender

Capital One Na

Book Number

2022.2

Recording Date

3/31/2022

Transaction Details

borrowed the property from Capital One Na through a Arms length residential transactions purchase or resales transaction on 3/31/2022 for $52,000,000.

Property constructed in 2020

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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	$1,331,942	$76,120,709	$77,452,651	$77,452,651	Cavalli At Iron Hors...	4890 W Kennedy Blvd ...	Iron Horse Heights B...	Aptnorthfw	21316G	380,555	381,000
2025	$1,331,942	$73,486,128	$74,818,070	$74,818,070	Cavalli At Iron Hors...	4890 W Kennedy Blvd ...	Iron Horse Heights B...	APT-North	Apt-North Fort Worth	380,555	381,000
2024	$8,901,760	$66,796,421	$75,698,181	$75,698,181	Cavalli At Iron Hors...	4890 W Kennedy Blvd ...	Iron Horse Heights B...	APT-North	Apt-North Fort Worth	380,555	381,000
2023	$856,249	$60,453,751	$61,310,000	$61,310,000	Cavalli At Iron Hors...	4890 W Kennedy Blvd ...	Iron Horse Heights B...	APT-North Fort Worth	Apt-North Fort Worth	380,555	381,000
2022	$856,249	$70,443,751	$71,300,000	$71,300,000	Cavalli At Iron Hors...	4890 W Kennedy Blvd ...	Iron Horse Heights B...	APT-North	Apt-North	380,555	381,000
2021	$856,249	$17,741,678	$18,597,927	$18,597,927	Iron Horse Operating...	4901 Keller Springs ...	Iron Horse Heights B...	APT-North	APT-North	380,555	381,000

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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 ↕
6490 Iron Horse Blvd, North Richland Hills, TX 76180	42717386	Apartments	Apartment Garden (1 - 4 stories)	Cavalli At Iron Horse Station	Tarrant	-	-	-	-	2020	381,000	328
4699 Fossil Vista, Haltom City, TX 76137	07216750	Apartments	Apartment Garden (1 - 4 stories)	Kv Belmond Apartments Lp	Tarrant	2.5	$ 45,057,740	2025-06-18	$ 130.61	2001	344,992	312
8032 Monterra Blvd, Fort Worth, TX 76177	42559217	Apartments	Apartment Garden (1 - 4 stories)	Wmci Dallas Xviib Llc	Tarrant	5.0	$ 66,476,060	2024-09-11	$ 126.81	2020	524,216	375
8100 N Riverside Dr, Fort Worth, TX 76137	41410475	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	4.6	$ 53,500,000	2024-10-31	$ 140.24	2009	381,489	276
3391 Western Center Blvd, Fort Worth, TX 76137	07008937	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	4.0	$ 39,920,000	2025-02-27	$ 208.42	1997	191,534	1
520 Samuels Ave, Fort Worth, TX 76102	41407628	Apartments	Apartment Garden (1 - 4 stories)	Housing Authority Of The City	Tarrant	7.6	$ 6,650,000	2024-08-06	$ 14.49	2008	459,030	370
9632 Berkshire Lake Blvd, Fort Worth, TX 76131	42729627	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	7.8	$ 56,125,000	2025-03-05	$ 128.47	2021	436,875	340
637 Samuels Ave, Fort Worth, TX 76102	42402946	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	7.5	$ 56,250,000	2025-01-23	$ 144.08	2018	390,395	274
735 Washington Dr, Arlington, TX 76011	42642581	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	9.9	$ 79,096,300	2024-12-13	$ 172.39	2020	458,819	346
218 W Broadway Ave, Fort Worth, TX 76104	40926583	Apartments	Apartment Garden (1 - 4 stories)	Broadway Acquisition Lp	Tarrant	8.7	$ 53,750,000	2025-07-21	$ 175.90	2022	305,580	1
13900 Chadwick Pkwy, Northlake, TX 76262	314922	Apartments	Apartment Garden (1 - 4 stories)	13900 Chadwick Parkway Llc	Denton	12.2	$ 68,900,854	2025-04-30	$ 250.86	2009	274,664	264

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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 ↕
—	6490 Iron Horse Blvd, North Richland Hills, TX 76180	—	-	380,555	2020	381,000	$ 74,818,070	$ 1,331,942	-
Berkadia Commercial Mtg Llc	6111 N Beach St, Fort Worth, TX 76137	08/29/2025	$ 32,200,000	827,127	1996	433,894	$ 71,375,281	$ 2,894,944	Lake Pointe Fw Partners Llc
Berkeley Point Capital Llc	1301 Park Place Blvd, Hurst, TX 76053	08/29/2025	$ 15,470,000	493,908	1977	170,046	$ 22,000,000	$ 1,728,678	Arts Apartments At Park Place
Regions Bank	621 Arcadia St, Hurst, TX 76053	06/27/2025	$ 12,096,000	12,773	1978	0	$ 44,706	$ 44,706	Spi Park Place 120 De Llc
Colliers Mortgage Llc	4699 Fossil Vista, Haltom City, TX 76137	06/18/2025	$ 33,878,000	761,677	2001	344,992	$ 58,634,015	$ 2,665,870	Ts Asset Belmond Llc
Keybank National Association	760 W Bedford Euless Rd, Hurst, TX 76053	05/30/2025	$ 13,000,000	220,578	2023	73,610	$ 19,561,209	$ 1,158,034
Towerkeep Vi Aiv Ntx Llc	5613 Coventry Park Dr, Haltom City, TX 76117	05/15/2025	$ 40,000,000	436,471	1980	152,599	$ 24,762,867	$ 698,354	Ashland Emmitt Tic Llc
Towerkeep Vi Aiv Ntx Llc	5744 Coventry Park Dr, Haltom City, TX 76117	05/15/2025	$ 40,000,000	501,811	1980	162,800	$ 26,684,548	$ 802,898	Ashland Emmitt Tic Llc
Argentic Re Finance 2 Llc	4401 Glenview Ct, North Richland Hills, TX 76180	04/29/2025	$ 23,250,000	702,710	1969	262,233	$ 34,124,763	$ 2,108,130
Us Bank National Association	2600 Western Center Blvd, Fort Worth, TX 76131	03/27/2025	$ 19,301,000	1,178,428	2004	381,559	$ 28,107,975	$ 3,181,758	Fairfield Ironwood Crossing Lp
Wilmington Trust	6626 Reeves St, Richland Hills, TX 76118	03/24/2025	$ 3,080,000	73,070	1970	39,396	$ 4,800,000	$ 146,140	Jkr Richland Court Llc

Mean$ 49,573,981

Median$ 22,908,000.0

Loan Amount Range$ 234,500 - $ 210,700,000

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Tenant Details

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License Details

License Number

32088822583

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

3/14/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	PRARGA FIGUEROA INC.
	Address Line	6490 iron horse blvd apt 2118
	City / State / Zip	n richlnd hls TX 76180
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	76180
Registration Details	SOS Code	A

License Timeline

License Issued

3/14/2023

Currently Active

Status: -

Renewal Required

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