1551 Oak Lawn Ave, Dallas, TX 75207 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2008Total Assessed Value $73,840,350County Dallas

Property Details

The Apartments property 1551 Oak Lawn Ave, Dallas, TX 75207 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $73,840,350.

The gross building area is 343,060 square feet and the land area is 214,489 square feet for this Apartment Garden (1 - 4 stories) built in 2008.

Legal description: Trinity Industrial Dist 13 Blk 38/7888 Lts 11&12 Acs 4.924 Int201100073015 Dd03212011 Co-Dc 7888 038 01100 2Da7888 038

$73,840,350

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,805

Avg Rent

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area343,060

Land Size214,489

Land Value$11,796,900

Improved Value$62,043,450

Total Assessed Value$73,840,350

Year Built2008

County NameDallas

Account Number00000775225000000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Roof TypeFlat

Type ConstructionFrame

No of Stories4

Garage TypeParking Garage

BasementNo basement

Bedrooms9

Bathrooms10

PatioAvailable

Social Activities1

Access Gates1

Business Center1

9ft Ceilings1

Vaulted Ceilings1

Walk-in Closets1

Emergency Maintenance1

Concierge1

Trash Pickup1

Granite Countertops1

Steel Appliances1

10ft Ceilings1

Number of Units355

Elevator

Exterior WallsBrick

Sales History

6/1/2021

OtherNot Disclosed

Buyer

Fund Design District Llc

Seller

Book Number

Recording Date

6/1/2021

Transaction Details

Fund Design District Llc acquired the property from through a Other transaction on 6/1/2021 for .

6/1/2019

OtherNot Disclosed

Buyer

Seller

1400 Turtle Creek Apartments Lp Trammel Crow Residential

Book Number

Recording Date

6/1/2019

Transaction Details

acquired the property from 1400 Turtle Creek Apartments Lp Trammel Crow Residential through a Other transaction on 6/1/2019 for .

3/21/2011

Arms-length$45,625,000

Buyer

Fund Design District Llc

Seller

1400 Turtle Creek Apartments Limited Par

Book Number

201100073015

Recording Date

3/21/2011

Transaction Details

Fund Design District Llc acquired the property from 1400 Turtle Creek Apartments Limited Par through a Arms-length transaction on 3/21/2011 for $45,625,000.

9/26/2007

Arms-lengthNot Disclosed

Buyer

1400 Turtle Creek Apartments Lp

Seller

Lui2 Dallas Oak Lawn V Lp

Book Number

2007.347103

Recording Date

9/26/2007

Transaction Details

1400 Turtle Creek Apartments Lp acquired the property from Lui2 Dallas Oak Lawn V Lp through a Arms-length transaction on 9/26/2007 for .

9/26/2007

Arms-length$54,712,500

Buyer

1400 Turtle Creek Apartments Lp

Seller

Lui2 Dallas Oak Lawn V Lp

Book Number

2007.347104

Recording Date

9/26/2007

Transaction Details

1400 Turtle Creek Apartments Lp acquired the property from Lui2 Dallas Oak Lawn V Lp through a Arms-length transaction on 9/26/2007 for $54,712,500.

Property constructed in 2008

YSale Price (USD) byXSales Year

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Mortgage History

3/28/2016

Sale$67,550,000

Borrower

Fund Design District Llc

Lender

Grandbridge Real Estate Capital Llc

Book Number

2016.80519

Recording Date

3/28/2016

Transaction Details

Fund Design District Llc borrowed the property from Grandbridge Real Estate Capital Llc through a transaction on 3/28/2016 for $67,550,000.

3/21/2011

Sale$27,450,000

Borrower

Fund Design District Llc

Lender

Massachusetts Mutual Life Insurance Comp

Book Number

Recording Date

3/21/2011

Transaction Details

Fund Design District Llc borrowed the property from Massachusetts Mutual Life Insurance Comp through a transaction on 3/21/2011 for $27,450,000.

9/26/2007

Reo and trustee deeds$43,770,000

Borrower

1400 Turtle Creek Apartments Lp

Lender

Comerica Bank Na

Book Number

2007.347105

Recording Date

9/26/2007

Transaction Details

1400 Turtle Creek Apartments Lp borrowed the property from Comerica Bank Na through a Reo and trustee deeds transaction on 9/26/2007 for $43,770,000.

Property constructed in 2008

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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	$11,796,900	$72,209,850	$84,006,750	$84,006,750	Fund Design District...	Po Box 27329	Trinity Industrial D...	1DSI7A	-	214,489	343,060
2025	$11,796,900	$62,043,450	$73,840,350	$73,840,350	Fund Design District...	Camden Property Trus...	Trinity Industrial D...	1DSI7A	Trinity Industrial D...	214,489	343,060
2024	$11,796,900	$62,783,450	$74,580,350	$74,580,350	Fund Design District...	Po Box 27329	Trinity Industrial D...	1DSI7A	TRINITY INDUSTRIAL D...	214,489	343,060
2023	$11,796,900	$57,293,450	$69,090,350	$69,090,350	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	TRINITY INDUSTRIAL D...	214,489	343,060
2022	$11,796,900	$52,563,450	$64,360,350	$64,360,350	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	-	214,489	343,060
2021	$9,652,010	$47,758,340	$57,410,350	$57,410,350	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	TRINITY INDUSTRIAL D...	214,489	343,060
2020	$9,652,010	$47,758,340	$57,410,350	$57,410,350	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	-	214,489	343,060
2019	$6,434,670	$50,674,370	$57,109,040	$57,109,040	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	TRINITY INDUSTRIAL D...	214,489	343,060
2018	$6,434,670	$50,074,370	$56,509,040	$56,509,040	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	TRINITY INDUSTRIAL D...	214,489	343,060
2017	$6,434,670	$47,900,570	$54,335,240	$54,335,240	Fund Design District...	% Camden Property Tr...	Trinity Industrial D...	1DSI7A	TRINITY INDUSTRIAL D...	214,489	343,060

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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 ↕
1551 Oak Lawn Ave, Dallas, TX 75207	00000775225000000	Apartments	Apartment Garden (1 - 4 stories)	Fund Design District Llc	Dallas	-	$ 45,625,000	2011-03-21	$ 132.99	2008	343,060	355
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	0.4	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
4123 Cedar Springs Rd, Dallas, TX 75219	001502000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Cedar Springs I Llc &	Dallas	1.2	$ 158,381,617	2025-07-02	$ 544.83	2008	290,699	324
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	1.8	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	2.5	$ 47,893,300	2025-07-21	$ 127.66	2015	375,159	340
305 W Commerce St, Dallas, TX 75208	006821000A0010000	Apartments	Apartment Garden (1 - 4 stories)	305 West Commerce Llc	Dallas	1.5	$ 50,646,400	2025-08-26	$ 168.54	2016	300,500	308
915 S Harwood St, Dallas, TX 75201	000120000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	La Villa Housing Finance Corp	Dallas	2.2	$ 66,566,500	2025-03-13	$ 206.97	2017	321,630	297
2781 N Carroll Ave, Dallas, TX 75204	002006001801D0000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	2.1	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	2.0	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	340
1001 Ross Ave, Dallas, TX 75202	00021200100010000	Apartments	Apartment Garden (1 - 4 stories)	Cc Meyer Properties Llc	Dallas	1.3	$ 31,681,930	2025-02-26	$ 142.34	2003	222,581	204
2217 Ivan St, Dallas, TX 75201	000998000102A0000	Apartments	Apartment Garden (1 - 4 stories)	Windsor At Turtle Creek Lp	Dallas	0.7	$ 110,872,125	2025-01-21	$ 238.11	1998	465,635	331

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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 ↕
—	1551 Oak Lawn Ave, Dallas, TX 75207	—	-	214,489	2008	343,060	$ 73,840,350	$ 11,796,900	-
Teachers Insurance&annuity Ass	1700 Cedar Springs Rd, Dallas, TX 75202	08/15/2025	$ 56,000,000	91,693	2009	409,493	$ 106,700,000	$ 8,146,690	Lg Cedar Springs Lp
Uplam Tcr Lender Llc	3555 Dickason Ave, Dallas, TX 75219	08/04/2025	$ 9,750,000	34,673	2024	145,237	$ 5,777,610	$ 2,947,210	One Turtle Creek Holdings Llc
Northmarq Cap Fin Llc	3039 Nowitzki Way, Dallas, TX 75219	07/18/2025	$ 129,711,000	63,989	2018	579,579	$ 195,000,000	$ 11,026,740	3099 Olive Lp
Security Natl Bank Of Omaha	3130 N Harwood St, Dallas, TX 75201	06/27/2025	$ 11,000,000	81,457	2015	929,066	$ 119,124,620	$ 5,629,700	Hic Marche Llc
Velocity Commercial Cap Llc	2910 Throckmorton St, Dallas, TX 75219	02/27/2025	$ 2,600,000	32,296	1966	20,544	$ 3,750,000	$ 1,937,760	One Home Realty Ii Llc
Jll Real Estate Capital Llc	1001 Ross Ave, Dallas, TX 75202	02/26/2025	$ 23,821,000	77,816	2003	222,581	$ 43,120,000	$ 9,337,920	Griffin Apts Llc
Sorsha Atlas Inc	2707 Shelby Ave, Dallas, TX 75219	02/20/2025	$ 2,600,000	30,000	1964	23,040	$ 6,336,000	$ 2,550,000	12ten Shelby Llc
First Bank	1935 Hi Line Dr, Dallas, TX 75207	02/18/2025	$ 3,500,000	33,746	0	0	$ 1,856,030	$ 1,856,030	1935 Hi Line Llc
Acore Capital Mortgage Lp	2217 Ivan St, Dallas, TX 75201	01/21/2025	$ 83,362,500	142,920	1998	465,635	$ 104,738,320	$ 25,011,000	Agkvc Tc Property Owner Lp
Cadence Bank	4005 N Hall St, Dallas, TX 75219	01/21/2025	$ 1,875,000	9,500	1969	6,248	$ 1,324,800	$ 712,500	Nkap Llc

Mean$ 31,528,817

Median$ 3,375,000.0

Loan Amount Range$ 300,000 - $ 247,710,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1551 OAK LAWN AVE APT 119, DALLAS, TX 75207-3658	T PAG	9036403379	ELECTRIC CONTRACTORS
1551 OAK LAWN AVE APT 179, DALLAS, TX 75207-3665	WIRED EMPIRE LLC	4692064320	NONCLASSIFIED ESTABLISHMENTS
1551 OAK LAWN AVE APT 241, DALLAS, TX 75207-3671	ZENTNER STEEL BUILDINGS	4696658255	STEEL-STRUCTURAL (MFRS)
1551 OAK LAWN AVE, DALLAS, TX 75207-3746	CAMDEN DEVELOPMENT	2146471585	HOME BUILDERS
1551 OAK LAWN AVE, DALLAS, TX 75207-3746	CO CAFE	4053153489	RESTAURANTS
1551 OAK LAWN AVE APT 119, DALLAS, TX 75207-3658	T PAG	9036403379	ENERGY MANAGEMENT SYSTEMS & PRODUCTS
1551 OAK LAWN AVE, DALLAS, TX 75207-3746	SNOB APPAREL	7132131395	APPAREL & GARMENTS-RETAIL
1551 OAK LAWN AVE APT 117, DALLAS, TX 75207-3658	SERGEANT, BENJAMIN	3253403230	PHYSICAL THERAPISTS
1551 OAK LAWN AVE APT 263, DALLAS, TX 75207-3673	ARD ENERGY	8139569212	AEROSPACE INDUSTRIES (MFRS)
1551 OAK LAWN AVE, DALLAS, TX 75207-3746	CAMDEN DESIGN DISTRICT APTS	2147410777	APARTMENTS

Showing 1 to 10 of 10 entries

Tenant Industry Distribution

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License Details

License Number

32091557507

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

9/11/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SYSTEMX SOLUTIONS, LLC
	Address Line	1551 oak lawn ave apt 364
	City / State / Zip	dallas TX 75207
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	75207
Registration Details	SOS Code	A

License Timeline

License Issued

9/11/2023

Currently Active

Status: -

Renewal Required

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