1225 Ih 20, Grand Prairie, TX 75052 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2021Total Assessed Value $80,639,460County Dallas

Property Details

The Apartments property 1225 Ih 20, Grand Prairie, TX 75052 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $80,639,460.

The gross building area is 485,300 square feet and the land area is 718,958 square feet for this Apartment Garden (1 - 4 stories) built in 2021.

Legal description: Jefferson At Grand Prairie Blk 1 Lt 2 Acs 16.5051 Int202400258559 Dd12202024 Co-Dc 1037300100200 5Cp10373001

$80,639,460

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,418

Avg Rent

Property Image of 1225 Ih 20, Grand Prairie, TX 75052, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area485,300

Land Size718,958

Land Value$3,235,310

Improved Value$77,404,150

Total Assessed Value$80,639,460

Year Built2021

County NameDallas

Account Number28103730010020000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionFrame

No of Stories3

Garage TypeDetached Garages,Covered Parking/Carport

Bedrooms36

Bathrooms34

PatioAvailable

Jogging Trail1

Business Center1

Walk-in Closets1

Granite Countertops1

Number of Units380

Exterior WallsBrick

Sales History

12/20/2024

Arms-length$85,600,000

Buyer

Pecos Housing Finance Corporation

Seller

Jefferson Lake Ridge Llc

Book Number

Recording Date

12/20/2024

Transaction Details

Pecos Housing Finance Corporation acquired the property from Jefferson Lake Ridge Llc through a Arms-length transaction on 12/20/2024 for $85,600,000.

1/30/2023

Arms-lengthNot Disclosed

Buyer

Fish Creek Retail One Llc

Seller

Jlh Inc Loop 9 Joint Venture

Book Number

2023.18290

Recording Date

1/30/2023

Transaction Details

Fish Creek Retail One Llc acquired the property from Jlh Inc Loop 9 Joint Venture through a Arms-length transaction on 1/30/2023 for .

4/30/2021

Other$3,366,251

Buyer

Pecos Housing Finance Corp

Seller

Book Number

Recording Date

4/30/2021

Transaction Details

Pecos Housing Finance Corp acquired the property from through a Other transaction on 4/30/2021 for $3,366,251.

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

12/20/2024

Arms length residential transactions purchase or resales$68,480,000

Borrower

Pecos Housing Finance Corporation

Lender

Berkadia Commercial Mtg Llc

Book Number

2024.258561

Recording Date

12/20/2024

Transaction Details

Pecos Housing Finance Corporation borrowed the property from Berkadia Commercial Mtg Llc through a Arms length residential transactions purchase or resales transaction on 12/20/2024 for $68,480,000.

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	$3,235,310	$72,764,690	$76,000,000	$76,000,000	Pecos Housing Financ...	2320 Teague Ln	Jefferson At Grand P...	2PS008	-	718,958	485,300
2025	$3,235,310	$71,764,690	$75,000,000	$75,000,000	Pecos Housing Financ...	2320 Teague Ln	Jefferson At Grand P...	2PS008	Jefferson At Grand P...	718,958	485,300
2024	$3,235,310	$58,246,850	$61,482,160	$61,482,160	Jefferson Lake Ridge...	Ste 1800 600 Las Col...	Jefferson At Grand P...	2Ps008	JEFFERSON AT GRAND P...	718,958	485,300
2023	$3,235,310	$31,514,690	$34,750,000	$34,750,000	Jefferson Lake Ridge...	Ste 1800, 600 E Las ...	Jefferson At Grand P...	2PS008	JEFFERSON AT GRAND P...	718,958	485,300
2022	$2,372,560	$11,862,070	$14,234,630	$14,234,630	Jefferson Lake Ridge...	Ste 1800, 600 E Las ...	Jefferson At Grand P...	2PS008	-	718,958	485,300

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Showing 1 to 5 of 5 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 ↕
1225 Ih 20, Grand Prairie, TX 75052	28103730010020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	-	$ 85,600,000	2024-12-20	$ 176.39	2021	485,300	380
2650 S Forum Dr, Grand Prairie, TX 75052	40975517	Apartments	Apartment Garden (1 - 4 stories)	Cw Forum Llc	Tarrant	1.8	$ 40,358,850	2024-11-19	$ 119.51	2005	337,690	304
365 Uptown Blvd, Cedar Hill, TX 75104	160456400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bw Midtown Cedar Hill Llc	Dallas	6.9	$ 59,045,350	2025-10-16	$ 132.34	2013	446,164	354
6165 Ridge Center Dr, Dallas, TX 75236	00000816038101100	Apartments	Apartment Garden (1 - 4 stories)	Jefferson Cedar Ridge Llc	Dallas	5.5	$ 63,042,000	2025-11-07	$ 165.19	2022	381,633	360
320 W Pleasant Run Rd, Cedar Hill, TX 75104	16037720000010000	Apartments	Apartment Garden (1 - 4 stories)	Jpt Cedar Hill Investco I Llc	Dallas	6.5	$ 56,867,500	2024-11-26	$ 151.94	2018	374,277	300
735 Washington Dr, Arlington, TX 76011	42642581	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	8.2	$ 79,096,300	2024-12-13	$ 172.39	2020	458,819	346
2000 Nahvi Rd, Mansfield, TX 76063	42821400	Apartments	Apartment Garden (1 - 4 stories)	Ch Realty Ixjlb Mf Dallas Man	Tarrant	9.0	$ 66,832,500	2025-08-21	$ 156.64	2022	426,667	1
401 N State Hwy 360, Mansfield, TX 76063	42662484	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	8.1	$ 70,323,750	2024-09-06	$ 207.32	2021	339,196	354
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	14.4	$ 61,479,250	2024-12-09	$ 176.06	2007	349,199	341
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	14.6	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	13.4	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	340

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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 ↕
—	1225 Ih 20, Grand Prairie, TX 75052	—	-	718,958	2021	485,300	$ 80,639,460	$ 3,235,310	-
Northmarq Capital Llc	1625 Constitution Pkwy, Arlington, TX 76010	09/10/2025	$ 20,894,000	667,578	1970	250,163	$ 38,377,331	$ 1,168,262	-
Lument Real Estate Capital Llc	2377 Dalworth St, Grand Prairie, TX 75050	08/29/2025	$ 3,000,000	39,600	1962	13,708	$ 1,397,844	$ 207,900	Vista Redevelopment Llc
Lument Real Estate Capital Llc	2377 Dalworth St, Grand Prairie, TX 75050	08/29/2025	$ 3,000,000	60,000	1962	36,892	$ 3,762,156	$ 315,000	Vista Redevelopment Llc
Berkadia Commercial Mtg Llc	700 Timber Oaks Ln, Grand Prairie, TX 75051	08/21/2025	$ 2,937,000	659,634	2003	252,946	$ 21,800,000	$ 1,147,763	Wf Timber Oaks Arlington 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	-
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
Cbre Capital Markets Inc	575 W Dickey Rd, Grand Prairie, TX 75051	06/18/2025	$ 14,100,000	493,012	1981	174,042	$ 19,375,000	$ 986,020	Mia Cottonwood Llc
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
The First Natl Bankgranbury	321 Sw 5th St, Grand Prairie, TX 75051	05/01/2025	$ 1,678,500	49,350	1961	29,814	$ 4,077,780	$ 49,350	Woodoak Corporation

Mean$ 29,457,827

Median$ 16,780,500.0

Loan Amount Range$ 442,000 - $ 305,546,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32087783737

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

5/10/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BLUE FROST TECHNOLOGY LLC
	Address Line	1225 w interstate 20 apt 3306
	City / State / Zip	grand prairie TX 75052
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	75052
Registration Details	SOS Code

License Timeline

License Issued

5/10/2023

Currently Active

Status: -

Renewal Required

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