1280 Montgomery Blvd, Allen, TX 75013 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2021Total Assessed Value $96,080,645County Collin

Property Details

The Apartments property 1280 Montgomery Blvd, Allen, TX 75013 is located in Collin County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $96,080,645.

The gross building area is 384,753 square feet and the land area is 334,715 square feet for this Apartment Garden (1 - 4 stories) built in 2021.

Legal description: Watters Creek At Montgomery Farm Phase 1 (Cal), Blk A, Lot 4

$96,080,645

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,145

Avg Rent

Property Image of 1280 Montgomery Blvd, Allen, TX 75013, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area384,753

Land Size334,715

Land Value$5,355,441

Improved Value$90,725,204

Total Assessed Value$96,080,645

Year Built2021

County NameCollin

Account Number2834129

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

No of Stories1

Garage TypeParking Garage

Bedrooms45

Bathrooms45

Number of Units370

Elevator

Sales History

9/19/2023

Arms-lengthNot Disclosed

Buyer

Garland Housing Finance Corp

Seller

Book Number

2023.108512

Recording Date

9/19/2023

Transaction Details

Garland Housing Finance Corp acquired the property from C through a Arms-length transaction on 9/19/2023 for .

9/19/2023

Arms-length$90,187,300

Buyer

Montgomery Property Owner Llc

Seller

Hsp Montgomery Llc

Book Number

2023.108511

Recording Date

9/19/2023

Transaction Details

Montgomery Property Owner Llc acquired the property from Hsp Montgomery Llc through a Arms-length transaction on 9/19/2023 for $90,187,300.

2/5/2021

Arms-lengthNot Disclosed

Buyer

Hs P Montgomery Llc

Seller

Watters Creek Owner Ii Llc

Book Number

2021.261430

Recording Date

2/5/2021

Transaction Details

Hs P Montgomery Llc acquired the property from Watters Creek Owner Ii Llc through a Arms-length transaction on 2/5/2021 for .

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

9/19/2023

New construction residential transactions$67,810,000

Borrower

Montgomery Property Owner Llc

Lender

Walker & Dunlop Llc

Book Number

2023.108680

Recording Date

9/19/2023

Transaction Details

Montgomery Property Owner Llc borrowed the property from Walker & Dunlop Llc through a New construction residential transactions transaction on 9/19/2023 for $67,810,000.

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) ↕
2025	$5,355,441	$85,644,559	$91,000,000	$91,000,000	Garland Housing Fina...	Po Box 461243	Watters Creek At Mon...	-	S9248	334,715	384,753
2024	$5,355,441	$115,625,780	$120,981,221	$120,981,221	Garland Housing Fina...	Po Box 461243	Watters Creek At Mon...	-	S9248	334,715	384,753
2023	$5,355,441	$65,985,659	$71,341,100	$71,341,100	Hs/p Montgomery Llc	C/o Trammell Crow Co...	Watters Creek At Mon...	-	S9248	334,715	384,753
2022	$5,020,726	$30,510,380	$35,531,106	$35,531,106	Hs/p Montgomery Llc	C/o Trammell Crow Co...	Watters Creek At Mon...	-	S9248	334,715	384,753
2021	-	-	-	-	Hs/p Montgomery Llc	2100 Mckinney Ave St...	Watters Creek At Mon...	-	S9248	334,715	-

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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 ↕
1280 Montgomery Blvd, Allen, TX 75013	2834129	Apartments	Apartment Garden (1 - 4 stories)	Garland Housing Finance Corporation	Collin	-	$ 90,187,300	2023-09-19	$ 234.40	2021	384,753	370
701 Legacy Dr Unit346, Plano, TX 75023	2058069	Apartments	Apartment Garden (1 - 4 stories)	701 Legacy Drive Llc &	Collin	1.4	$ 44,688,000	2025-09-29	$ 131.26	1996	340,451	346
7201 Stacy Rd Unit33, Mckinney, TX 75070	2838477	Apartments	Apartment Garden (1 - 4 stories)	Trg Stacy Alma Llc &	Collin	4.9	$ 64,584,800	2025-11-21	$ 139.06	2022	464,454	33
2001 E Spring Creek Pkwy Unit300, Plano, TX 75074	2070489	Apartments	Apartment Garden (1 - 4 stories)	Spring Creek Fee Owner Llc	Collin	1.8	$ 58,235,380	2024-08-21	$ 201.08	1997	289,620	300
355 Vistaglen Dr Unit255, Plano, TX 75074	2672946	Apartments	Apartment Garden (1 - 4 stories)	Bell Valueadd Fund Viii Gateway Lp	Collin	5.7	$ 158,895,100	2024-06-20	$ 463.69	2016	342,673	255
3191 Medical Center Dr Unit348, Mckinney, TX 75069	2512772	Apartments	Apartment Garden (1 - 4 stories)	Housing Authority Of The City Of Mckinney Texas	Collin	6.5	$ 117,754,210	2024-10-17	$ 365.72	2001	321,982	348
4250 E Renner Rd Unit226, Richardson, TX 75082	2058066	Apartments	Apartment Garden (1 - 4 stories)	Breckinridge Point Tx Llc	Collin	6.2	$ 66,167,500	2025-06-13	$ 300.01	1998	220,548	226
4700 Tribeca Ln Unit240, Plano, TX 75024	2614632	Apartments	Apartment Garden (1 - 4 stories)	Kv Encore Apartments Llc	Collin	6.7	$ 54,184,200	2024-06-05	$ 276.36	2011	196,064	240
3500 N Star Rd Unit214, Richardson, TX 75082	2058065	Apartments	Apartment Garden (1 - 4 stories)	Breckinridge Point Tx Llc	Collin	6.4	$ 66,167,500	2025-06-13	$ 310.06	1998	213,399	214
6300 Windcrest Dr Unit380, Plano, TX 75024	2058512	Apartments	Apartment Garden (1 - 4 stories)	Key Creekside Llc	Collin	7.1	$ 87,279,920	2024-09-26	$ 227.99	1996	382,817	380
16220 Phoebe Rd, Frisco, TX 75035	2807390	Apartments	Apartment Garden (1 - 4 stories)	Frisco Apartments Acquisitions I Llc &	Collin	5.6	$ 93,765,000	2024-07-09	$ 189.95	2021	493,621	-

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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 ↕
—	1280 Montgomery Blvd, Allen, TX 75013	—	-	334,715	2021	384,753	$ 96,080,645	$ 5,355,441	-
Kcore Lending I Lp	2300 Kathryn Ln Unit480, Plano, TX 75025	08/19/2025	$ 77,185,000	1,470,760	1998	495,308	$ 89,672,296	$ 22,061,400	Ch Realty Xmf Plano 23 Hundre
Citibank Na	5701 Mckinney Place Dr, Mckinney, TX 75070	07/18/2025	$ 60,475,000	610,798	2017	447,578	$ 83,665,113	$ 7,634,979	Kinstead Mckinney Property Lp
Ing Capital Llc	8900 Independence Pkwy Unit324, Plano, TX 75025	07/11/2025	$ 4,750,000	821,803	2000	384,766	$ 57,240,818	$ 14,792,453
Aml Funding Llc	1519 Teresa Ann Ln, Allen, TX 75013	06/18/2025	$ 418,400	5,305	2023	2,196	$ 490,110	$ 153,615
Berkadia Commercial Mtg Llc	1940 W Spring Creek Pkwy Unit115, Plano, TX 75023	06/09/2025	$ 11,600,000	219,634	1999	98,804	$ 10,900,000	$ 3,953,410
Greystone Servicing Co Llc	7401 Alma Dr Unit290, Plano, TX 75025	03/31/2025	$ 26,000,000	796,712	1983	286,587	$ 32,925,659	$ 14,340,816
Vip Mortgage Inc	1712 Paytyn Dr, Allen, TX 75013	03/31/2025	$ 343,000	3,000	2023	2,108	$ 466,110	$ 133,000
Carbon Capital Vii Llc	1414 Shiloh Rd Unit350, Plano, TX 75074	02/28/2025	$ 141,622,000	953,180	1984	310,860	$ 57,560,985	$ 17,157,239	H2o Waterford 12c Llc
Bmo Bank Na	4651 S Custer Rd Unit277, Mckinney, TX 75070	01/09/2025	$ 500,000	591,763	2015	323,135	$ 61,000,000	$ 7,101,151	Venue Craig Ranch Apartments Llc
Walker & Dunlop Llc	220 Convention Dr, Fairview, TX 75069	12/19/2024	$ 32,544,000	263,538	2016	269,398	$ 38,419,804	$ 5,402,529

Mean$ 40,217,328

Median$ 35,585,500.0

Loan Amount Range$ 343,000 - $ 141,622,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32092340440

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

11/2/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	XOSHOPPERG, LLC
	Address Line	1280 montgomery blvd apt 3505
	City / State / Zip	allen TX 75013
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48085
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75013
Registration Details	SOS Code	A

License Timeline

License Issued

11/2/2023

Currently Active

Status: -

Renewal Required

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