7540 Lbj Fwy, Dallas, TX 75251 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 1974Total Assessed Value $77,713,340County Dallas

Property Details

The Office property 7540 Lbj Fwy, Dallas, TX 75251 is located in Dallas County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $77,713,340.

The gross building area is 379,592 square feet and the land area is 555,172 square feet for this Office Building Low Rise 1 - 4 stories built in 1974.

Legal description: Park Central N Sector Dev Ctr V Blk C/7729 Lt 3A Acs 12.745 Vol2003250/0743 Dd12152003 Co-Dc 7729 00C 00300 6Da7729 00C

$77,713,340

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 7540 Lbj Fwy, Dallas, TX 75251, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area379,592

Land Size555,172

Land Value$16,655,160

Improved Value$61,058,180

Total Assessed Value$77,713,340

Year Built1974

County NameDallas

Account Number007729000C03A0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionFrame

No of Stories9

BasementFull basement

Sales History

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Mortgage History

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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	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lyndon B Johnso...	Park Central N Secto...	1DSD05	-	555,172	379,592
2025	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lyndon B Johnso...	Park Central N Secto...	1DSD05	Park Central N Secto...	555,172	379,592
2024	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lyndon B Johnso...	Park Central N Secto...	1Dsd05	PARK CENTRAL N SECTO...	555,172	379,592
2023	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	PARK CENTRAL N SECTO...	555,172	379,592
2022	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	-	555,172	379,592
2021	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	PARK CENTRAL N SECTO...	555,172	379,592
2020	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	-	555,172	379,592
2019	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	PARK CENTRAL N SECTO...	555,172	379,592
2018	$16,655,160	$61,058,180	$77,713,340	$77,713,340	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	PARK CENTRAL N SECTO...	555,172	379,592
2017	$9,993,100	$59,729,740	$69,722,840	$69,722,840	Watermark Community ...	7540 Lbj Fwy	Park Central N Secto...	1DSD05	PARK CENTRAL N SECTO...	555,172	379,592

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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 ↕
7540 Lbj Fwy, Dallas, TX 75251	007729000C03A0000	Office	Office Building Low Rise 1 - 4 stories	Watermark Community Church	Dallas	-	-	-	-	1974	379,592	-
8111 Lbj Fwy, Dallas, TX 75251	0077560E0009B0000	Office	Office Building Low Rise 1 - 4 stories	Silver Star Cre Llc	Dallas	0.7	$ 10,319,603	2024-08-14	$ 38.07	1982	271,089	-
14180 Dallas Pkwy, Dallas, TX 75254	0070080A000010000	Office	Office Building Low Rise 1 - 4 stories	Parkway Towers Llc	Dallas	2.8	$ 18,500,000	2024-09-03	$ 80.15	1982	230,808	-
6700 Lbj Fwy, Dallas, TX 75240	00000733275500000	Office	Office Building Low Rise 1 - 4 stories	Trinity Bible Church Of Dallas	Dallas	0.6	$ 9,695,700	2024-08-02	$ 43.51	1979	222,858	-
14901 Quorum Dr, Addison, TX 75254	10000929936100000	Office	Office Building Low Rise 1 - 4 stories	G & I Viii Quorum Place Lp	Dallas	3.4	$ 19,096,570	2025-07-11	$ 100.12	1981	190,737	-
12400 Coit Rd, Dallas, TX 75251	007752000A0080000	Office	Office Building Low Rise 1 - 4 stories	Churchill Tower Llc	Dallas	0.7	$ 5,320,000	2024-06-27	$ 18.11	1999	293,806	-
2221 Lakeside Blvd, Richardson, TX 75082	42076680010030000	Office	Office Building Low Rise 1 - 4 stories	Lakeside Commercial Lp	Dallas	5.6	$ 27,132,000	2024-11-08	$ 32.53	1991	833,937	-
2828 N Harwood St, Dallas, TX 75201	000930000201A0000	Office	Office Building Low Rise 1 - 4 stories	2828 North Harwood Owner Lp	Dallas	9.1	$ 73,000,000	2025-04-01	$ 305.04	1998	239,316	-
2400 Dallas Pkwy, Plano, TX 75093	2107904	Office	Office Building Low Rise 1 - 4 stories	Pc 2400 Ll Llc	Collin	8.1	$ 24,671,500	2025-06-27	$ 96.87	1999	254,691	-
5320 Legacy Dr, Plano, TX 75024	2623491	Office	Office Building Low Rise 1 - 4 stories	Raising Cane S Restaurants Llc	Collin	10.7	$ 42,575,000	2024-08-13	$ 107.95	1988	394,405	-
5360 Legacy Dr, Plano, TX 75024	2643898	Office	Office Building Low Rise 1 - 4 stories	Tcal Property Owner Llc	Collin	10.8	$ 29,925,000	2024-11-22	$ 75.87	1985	394,405	-

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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 ↕
—	7540 Lbj Fwy, Dallas, TX 75251	—	-	555,172	1974	379,592	$ 77,713,340	$ 16,655,160	-
Spectra Bank	13333 N Central Expy, Dallas, TX 75243	08/14/2025	$ 1,400,000	23,217	1966	10,455	$ 1,421,880	$ 296,020	Futurewise Development Llc
First Horizon Bank	12404 Park Central Dr, Dallas, TX 75251	08/13/2025	$ 10,000,000	186,175	1986	234,300	$ 25,686,550	$ 5,585,250	Forefront Living Hospice
Us Bank National Association	12222 Coit Rd Unit001, Dallas, TX 75251	06/26/2025	$ 2,419,259	27,491	2005	3,584	$ 1,310,530	$ 412,370	Mystic Texas Investment Llc
Us Bank National Association	12222 Coit Rd Unit001, Dallas, TX 75251	06/26/2025	$ 2,419,259	27,491	2005	3,584	$ 1,310,530	$ 412,370	Mystic Texas Investment Llc
Wintrust Bank Na	12700 Hillcrest Rd, Dallas, TX 75230	06/11/2025	$ 10,100,000	193,010	1979	130,804	$ 7,462,810	$ 5,790,300	Ce One Hillcrest Llc
Jpmorgan Chase Bank Na	11880 Greenville Ave, Dallas, TX 75243	06/02/2025	$ 1,800,000	84,201	1981	24,160	$ 2,657,600	$ 1,684,020	Mtm Group Llc
Mark D Jordan Separate Trust	12801 N Central Expy, Dallas, TX 75243	05/12/2025	$ 545,230	178,879	1985	348,800	$ 41,087,010	$ 5,366,370	Jpncp Iii Lp
Sweetgum Asante Llc	13151 Emily Rd, Dallas, TX 75240	01/22/2025	$ 450,000	38,323	1983	23,198	$ 1,339,000	$ 574,850	Tasacom Technologies Inc
Bank Of America Na	7208 Helsem Bend, Dallas, TX 75230	01/13/2025	$ 250,000	10,670	1984	7,713	$ 1,755,000	$ 282,000
Golden Bank Na	13151 Emily Rd, Dallas, TX 75240	11/04/2024	$ 950,000	38,323	1983	23,198	$ 1,339,000	$ 574,850	Tasacom Capital Llc

Mean$ 27,476,847

Median$ 3,332,500.0

Loan Amount Range$ 250,000 - $ 120,000,000

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License Details

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