2425 Victory Ave, Dallas, TX 75219 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2012Total Assessed Value $85,700,000County Dallas

Property Details

The Apartments property 2425 Victory Ave, Dallas, TX 75219 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $85,700,000.

The gross building area is 414,181 square feet and the land area is 169,056 square feet for this Apartment Garden (1 - 4 stories) built in 2012.

Legal description: Victory Three Blk A/397 Lt 3 Acs 3.881 Int202100173669 Dd06102021 Co-Dc 0397 00A 00300 6Da0397 00A

$85,700,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,487

Avg Rent

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area414,181

Land Size169,056

Land Value$29,584,800

Improved Value$56,115,200

Total Assessed Value$85,700,000

Year Built2012

County NameDallas

Account Number000397000A0030000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space570

HeatingCentral

PoolSwimming Pools

Roof TypeFlat

Type ConstructionFrame

No of Stories5

Garage TypeParking Garage

Bedrooms34

Bathrooms37

PatioAvailable

Access Gates1

Business Center1

9ft Ceilings1

Walk-in Closets1

Granite Countertops1

Steel Appliances1

Number of Units377

Exterior WallsBrick

Sales History

8/1/2021

Arms-lengthNot Disclosed

Buyer

Tx Victory Park Apartments Llc

Seller

Gs Arpeggio Lp

Book Number

Recording Date

8/1/2021

Transaction Details

Tx Victory Park Apartments Llc acquired the property from Gs Arpeggio Lp through a Arms-length transaction on 8/1/2021 for .

6/3/2021

Arms-length$77,200,000

Buyer

Tx Victory Park Apartments Llc

Seller

Gs Arpeggio Lp

Book Number

2021.174281

Recording Date

6/3/2021

Transaction Details

Tx Victory Park Apartments Llc acquired the property from Gs Arpeggio Lp through a Arms-length transaction on 6/3/2021 for $77,200,000.

4/16/2012

Arms-length$10,750,000

Buyer

Behringer Harvard

Seller

Estein & Associates Usa Ltd

Book Number

201200109285

Recording Date

4/16/2012

Transaction Details

Behringer Harvard acquired the property from Estein & Associates Usa Ltd through a Arms-length transaction on 4/16/2012 for $10,750,000.

Property constructed in 2012

YSale Price (USD) byXSales Year

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Mortgage History

9/22/2017

Sale$43,800,000

Borrower

Lender

Book Number

Recording Date

9/22/2017

Transaction Details

borrowed the property from through a transaction on 9/22/2017 for $43,800,000.

4/1/2016

Sale$328,700

Borrower

Jones Douglas

Lender

Cowboy Bank

Book Number

7278

Recording Date

4/1/2016

Transaction Details

Jones Douglas borrowed the property from Cowboy Bank through a transaction on 4/1/2016 for $328,700.

6/28/2013

Sale$31,300,000

Borrower

Behringer Harvard Arpeggio Limited Partn

Lender

State Farm Life Insurance Company

Book Number

2013.204306

Recording Date

6/28/2013

Transaction Details

Behringer Harvard Arpeggio Limited Partn borrowed the property from State Farm Life Insurance Company through a transaction on 6/28/2013 for $31,300,000.

Property constructed in 2012

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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	$29,584,800	$68,970,200	$98,555,000	$98,555,000	Tx Victory Park Apar...	9757 Ne Juanita Dr S...	Victory Three Blk A/...	1DSOL6	-	169,056	414,181
2025	$29,584,800	$56,115,200	$85,700,000	$85,700,000	Tx Victory Park Apar...	Weidner Invesments S...	Victory Three Blk A/...	1DSOL6	Victory Three	169,056	414,181
2024	$25,358,400	$60,341,600	$85,700,000	$85,700,000	Tx Victory Park Apar...	9757 Ne Juanita Dr S...	Victory Three Blk A/...	1DSOL6	VICTORY THREE	169,056	414,181
2023	$25,358,400	$56,255,990	$81,614,390	$81,614,390	Tx Victory Park Apar...	%weidner Invesments ...	Victory Three Blk A/...	1DSOL6	VICTORY THREE	169,056	414,181
2022	$25,358,400	$44,641,600	$70,000,000	$70,000,000	Tx Victory Park Apar...	%weidner Invesments ...	Victory Three Blk A/...	1DSOL6	-	169,056	414,181
2021	$25,358,400	$42,041,600	$67,400,000	$67,400,000	Tx Victory Park Apar...	%weidner Invesments ...	Victory Three Blk A/...	1DSOL6	VICTORY THREE	169,056	414,181
2020	$25,358,400	$42,641,600	$68,000,000	$68,000,000	Gs Arpeggio Lp	18 Broad St Ste 300	Victory Three Blk A/...	1DSOL6	-	169,056	414,181
2019	$21,132,000	$46,268,000	$67,400,000	$67,400,000	Gs Arpeggio Lp	18 Broad St Ste 300	Victory Three Blk A/...	1DSOL6	VICTORY THREE	169,056	414,181
2018	$12,679,200	$54,520,800	$67,200,000	$67,200,000	Gs Arpeggio Lp	18 Broad St Ste 300	Victory Three Blk A/...	1DSOL6	VICTORY THREE	169,056	414,181
2017	$12,679,200	$53,020,800	$65,700,000	$65,700,000	Behringer Harvard Ar...	Partnership, 15601 D...	Victory Three Blk A/...	1DSOL6	VICTORY THREE	169,056	414,181

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Showing 1 to 10 of 16 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 ↕
2425 Victory Ave, Dallas, TX 75219	000397000A0030000	Apartments	Apartment Garden (1 - 4 stories)	Tx Victory Park Apartments Llc	Dallas	-	$ 10,750,000	2012-04-16	$ 25.95	2012	414,181	377
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	1.6	$ 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	1.7	$ 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	1.7	$ 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	1.4	$ 50,646,400	2025-08-26	$ 168.54	2016	300,500	308
2781 N Carroll Ave, Dallas, TX 75204	002006001801D0000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	2.0	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
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
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	1.6	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	340
915 S Harwood St, Dallas, TX 75201	000120000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	La Villa Housing Finance Corp	Dallas	1.4	$ 66,566,500	2025-03-13	$ 206.97	2017	321,630	297
2626 Throckmorton St, Dallas, TX 75219	001341003804A0000	Apartments	Apartment Garden (1 - 4 stories)	2626 Throckmorton Lp	Dallas	1.4	$ 47,880,000	2024-09-10	$ 124.51	2017	384,550	340

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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 ↕
—	2425 Victory Ave, Dallas, TX 75219	—	-	169,056	2012	414,181	$ 85,700,000	$ 29,584,800	-
Texell Credit Union	3604 San Jacinto St, Dallas, TX 75204	08/25/2025	$ 1,700,000	9,187	1961	5,600	$ 2,016,000	$ 459,350	Commodore Real Estate Holdings
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
Wells Fargo Bank Na	2901 W Cityplace Blvd, Dallas, TX 75204	05/22/2025	$ 48,000,000	101,638	2002	298,063	$ 59,225,000	$ 12,704,750	Cityplace Tx Partners Lp
Cache Valley Bank	211 N Ervay St, Dallas, TX 75201	04/15/2025	$ 10,000,000	10,000	1958	196,925	$ 12,000,000	$ 950,000	Tc Spe 1 Llc
Midfirst Bank	3821 Munger Ave, Dallas, TX 75204	04/02/2025	$ 548,000	7,395	2022	9,440	$ 2,200,000	$ 443,700
Sm Finance Iif Llc	915 S Harwood St, Dallas, TX 75201	03/13/2025	$ 50,050,000	120,095	2017	321,630	$ 73,700,000	$ 6,605,230	Farmers Tx Holdings Lp
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

Mean$ 46,800,175

Median$ 41,683,000.0

Loan Amount Range$ 237,751 - $ 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 ↕
2425 VICTORY AVE, DALLAS, TX 75219-7652	ARPEGGIO VICTORY PARK APT	2148555000	APARTMENT FINDING & RENTAL SERVICE
2425 VICTORY AVE APT 117, DALLAS, TX 75219-7687	START UP	2103551907	NONCLASSIFIED ESTABLISHMENTS
2425 VICTORY AVE, DALLAS, TX 75219-7652	ARPEGGIO AT VICTORY PARK APT	2148555000	APARTMENTS
2425 VICTORY AVE, DALLAS, TX 75219-7652	UTS LOCKSMITH DALLAS	4694803097	LOCKS & LOCKSMITHS
2425 VICTORY AVE, DALLAS, TX 75219-7652	ARPEGGIO VICTORY PARK APT	2147719174	APARTMENT FINDING & RENTAL SERVICE
2425 VICTORY AVE, DALLAS, TX 75219-7652	M S MANAGEMENT GROUP	9728638853	OFFICE ADMINISTRATIVE SERVICES

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Tenant Industry Distribution

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License Details

License Number

32092556789

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

11/17/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BACKPACKS 2 BRIEFCASES OUTREAC
	Address Line	2425 victory ave apt 350
	City / State / Zip	dallas TX 75219
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	75219
Registration Details	SOS Code	A

License Timeline

License Issued

11/17/2023

Currently Active

Status: -

Renewal Required

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