4123 Cedar Springs Rd, Dallas, TX 75219 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2008Total Assessed Value $88,693,000County Dallas

Property Details

The Apartments property 4123 Cedar Springs Rd, 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 $88,693,000.

The gross building area is 290,699 square feet and the land area is 151,806 square feet for this Apartment Garden (1 - 4 stories) built in 2008.

Legal description: Cedar Knight Residential Blk A/1502 Lt 1A Acs 3.485 Int202200058844 Dd02232022 Co-Dc 1502 00A 01A00 6Da1502 00A

$88,693,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,759

Avg Rent

Property Image of 4123 Cedar Springs Rd, Dallas, TX 75219, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area290,699

Land Size151,806

Land Value$9,108,360

Improved Value$79,584,640

Total Assessed Value$88,693,000

Year Built2008

County NameDallas

Account Number001502000A01A0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space686

HeatingCentral

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Roof TypeFlat

Type ConstructionFrame

No of Stories5

Garage TypeParking Garage

BasementNo basement

Bedrooms9

Bathrooms9

PatioAvailable

Business Center1

Walk-in Closets1

Tanning Center1

Granite Countertops1

Steel Appliances1

10ft Ceilings1

Number of Units324

Exterior WallsBrick

Sales History

7/2/2025

Arms-length$158,381,617

Buyer

Clarius Cedar Springs Owner Llc

Seller

Cmtg Jnp Finance Llc

Book Number

2025.138830

Recording Date

7/2/2025

Transaction Details

Clarius Cedar Springs Owner Llc acquired the property from Cmtg Jnp Finance Llc through a Arms-length transaction on 7/2/2025 for $158,381,617.

2/23/2022

Arms-length$152,500,000

Buyer

Cedar Springs I Llc

Seller

Vr Oak Lawn Limited Partnership

Book Number

2022.58844

Recording Date

2/23/2022

Transaction Details

Cedar Springs I Llc acquired the property from Vr Oak Lawn Limited Partnership through a Arms-length transaction on 2/23/2022 for $152,500,000.

10/27/2016

Arms-lengthNot Disclosed

Buyer

Vr Oak Lawn Limited Partnership

Seller

Redwood Illume Cedar Springs Lp

Book Number

2016301574

Recording Date

10/27/2016

Transaction Details

Vr Oak Lawn Limited Partnership acquired the property from Redwood Illume Cedar Springs Lp through a Arms-length transaction on 10/27/2016 for .

1/25/2008

Arms-length$27,000,000

Buyer

Redwood Illume Cedar Springs Lp

Seller

Redwood Cedar Llc

Book Number

2008.27091

Recording Date

1/25/2008

Transaction Details

Redwood Illume Cedar Springs Lp acquired the property from Redwood Cedar Llc through a Arms-length transaction on 1/25/2008 for $27,000,000.

Property constructed in 2008

YSale Price (USD) byXSales Year

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Mortgage History

2/3/2022

Sale$122,000

Borrower

Cedar Springs I Llc

Lender

Cmtg Lender 87 Llc

Book Number

202200058845

Recording Date

2/3/2022

Transaction Details

Cedar Springs I Llc borrowed the property from Cmtg Lender 87 Llc through a transaction on 2/3/2022 for $122,000.

10/24/2011

Sale$43,200,000

Borrower

Redwood Illume Cedar Springs Lp

Lender

Bank Of America Na

Book Number

2011.303441

Recording Date

10/24/2011

Transaction Details

Redwood Illume Cedar Springs Lp borrowed the property from Bank Of America Na through a transaction on 10/24/2011 for $43,200,000.

12/8/2011

Arms length residential transactions purchase or resales$37,300,000

Borrower

Redwood Illume Cedar Springs Lp

Lender

Keycorp Real Estate Capital Markets Inc

Book Number

2011.320387

Recording Date

12/8/2011

Transaction Details

Redwood Illume Cedar Springs Lp borrowed the property from Keycorp Real Estate Capital Markets Inc through a Arms length residential transactions purchase or resales transaction on 12/8/2011 for $37,300,000.

1/25/2008

Reo and trustee deeds$21,600,000

Borrower

Redwood Illume Cedar Springs Lp

Lender

Bank Of America Na

Book Number

2008.27092

Recording Date

1/25/2008

Transaction Details

Redwood Illume Cedar Springs Lp borrowed the property from Bank Of America Na through a Reo and trustee deeds transaction on 1/25/2008 for $21,600,000.

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) ↕
2025	$9,108,360	$79,584,640	$88,693,000	$88,693,000	Cedar Springs I Llc ...	Et Al 400 Blvd Of T...	Cedar Knight Residen...	1Dsol1	Cedar Knight Residen...	151,806	290,699
2024	$9,108,360	$71,521,640	$80,630,000	$80,630,000	Cedar Springs I Llc ...	Et Al 400 Blvd Of Th...	Cedar Knight Residen...	1Dsol1	CEDAR KNIGHT RESIDEN...	151,806	290,699
2023	$9,108,360	$65,891,640	$75,000,000	$75,000,000	Cedar Springs I Llc ...	Et Al, 400 Blvd Of T...	Cedar Knight Residen...	1DSOL1	CEDAR KNIGHT RESIDEN...	151,806	290,699
2022	$9,108,360	$51,891,640	$61,000,000	$61,000,000	Cedar Springs I Llc ...	Et Al, 400 Blvd Of T...	Cedar Knight Residen...	1DSOL1	-	151,806	290,699
2021	$9,108,360	$44,141,640	$53,250,000	$53,250,000	Vr Oak Lawn Limited ...	% Venterra Realty, 1...	Cedar Knight Residen...	1DSOL1	CEDAR KNIGHT RESIDEN...	151,806	290,699
2020	$9,108,360	$42,731,640	$51,840,000	$51,840,000	Vr Oak Lawn Limited ...	% Venterra Realty, 1...	Cedar Knight Residen...	1DSOL1	-	151,806	290,699
2019	$9,108,360	$40,841,640	$49,950,000	$49,950,000	Vr Oak Lawn Limited ...	% Venterra Realty, 1...	Cedar Knight Residen...	1DSOL1	CEDAR KNIGHT RESIDEN...	151,806	290,699
2018	$9,108,360	$37,891,640	$47,000,000	$47,000,000	Vr Oak Lawn Limited ...	% Venterra Realty, 1...	Cedar Knight Residen...	1DSOL1	CEDAR KNIGHT RESIDEN...	151,806	290,699
2017	$7,590,300	$37,809,700	$45,400,000	$45,400,000	Vr Oak Lawn Limited ...	%venterra Realty Man...	Cedar Knight Residen...	1DSOL1	CEDAR KNIGHT RESIDEN...	151,806	290,699
2016	$7,590,300	$34,418,190	$42,008,490	$42,008,490	Redwood Illume Cedar...	Springs Lp, 8411 Pre...	CEDAR KNIGHT RESIDEN...	1DSOL1	CEDAR KNIGHT RESIDEN...	151,806	290,699

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Showing 1 to 10 of 15 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 ↕
4123 Cedar Springs Rd, Dallas, TX 75219	001502000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Cedar Springs I Llc &	Dallas	-	$ 158,381,617	2025-07-02	$ 544.83	2008	290,699	324
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	1.3	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	2.9	$ 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	2.7	$ 50,646,400	2025-08-26	$ 168.54	2016	300,500	308
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	1.0	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381
915 S Harwood St, Dallas, TX 75201	000120000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	La Villa Housing Finance Corp	Dallas	2.7	$ 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	1.4	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
1001 Ross Ave, Dallas, TX 75202	00021200100010000	Apartments	Apartment Garden (1 - 4 stories)	Cc Meyer Properties Llc	Dallas	2.1	$ 31,681,930	2025-02-26	$ 142.34	2003	222,581	204
2929 Wycliff Ave, Dallas, TX 75219	001616001101A0000	Apartments	Apartment Garden (1 - 4 stories)	Dhfc 2929 Wycliff Landowner Llc	Dallas	0.2	$ 56,542,290	2024-11-26	$ 297.48	2006	190,069	167
2217 Ivan St, Dallas, TX 75201	000998000102A0000	Apartments	Apartment Garden (1 - 4 stories)	Windsor At Turtle Creek Lp	Dallas	0.9	$ 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	3.2	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	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 ↕
—	4123 Cedar Springs Rd, Dallas, TX 75219	—	-	151,806	2008	290,699	$ 88,693,000	$ 9,108,360	-
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
Bokf National Association	4101 Douglas Ave, Dallas, TX 75219	05/09/2025	$ 2,735,625	11,340	1950	4,116	$ 775,450	$ 765,450	Prospekta Investment Llc
Bokf National Association	4113 Douglas Ave, Dallas, TX 75219	05/09/2025	$ 2,735,625	6,678	1956	6,762	$ 897,000	$ 500,850	Prospekta Investment 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
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
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
Berkadia Commercial Mtg Llc	4625 Cedar Springs Rd, Dallas, TX 75219	01/20/2025	$ 6,695,000	35,800	1962	22,616	$ 3,096,936	$ 1,539,400	Chv Eclipse Property Owner Llc
Capital Fund I Llc	2910 Throckmorton St, Dallas, TX 75219	12/20/2024	$ 2,600,000	32,296	1966	20,544	$ 3,750,000	$ 1,937,760	One Home Realty Ii Llc
Readycap Coml Llc	3912 N Hall St, Dallas, TX 75219	11/27/2024	$ 3,250,000	11,400	1956	10,112	$ 2,425,000	$ 684,000	Hawlins Owner Llc
Readycap Coml Llc	3913 Rawlins St, Dallas, TX 75219	11/27/2024	$ 3,250,000	11,400	1955	10,112	$ 2,650,000	$ 570,000	Hawlins Owner Llc

Mean$ 14,224,833

Median$ 2,992,812.5

Loan Amount Range$ 300,000 - $ 43,366,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
4123 CEDAR SPRINGS RD, DALLAS, TX 75219-3570	OLSON, NATASHA	7185777657	SPEECH PATHOLOGISTS
4123 CEDAR SPRINGS RD, DALLAS, TX 75219-3570	XAMACH MEXICAN CUISINE BAR	9728637385	RESTAURANTS
4123 CEDAR SPRINGS RD, DALLAS, TX 75219-3570	GOODBODY MASSAGE	2145520149	MASSAGE THERAPISTS
4123 CEDAR SPRINGS RD APT 3163, DALLAS, TX 75219-3553	DMOD	2149290067	LABORATORIES-RESEARCH & DEVELOPMENT
4123 CEDAR SPRINGS RD STE 110, DALLAS, TX 75219-3566	DISH RESTAURANT & LOUNGE	2145223474	BARS
4123 CEDAR SPRINGS RD STE 100, DALLAS, TX 75219-3564	CEDAR SPRINGS TAP HOUSE	2143777446	RESTAURANTS
4123 CEDAR SPRINGS RD APT 5424, DALLAS, TX 75219-3561	VALENTINE	2149018144	NONCLASSIFIED ESTABLISHMENTS
4123 CEDAR SPRINGS RD STE 102, DALLAS, TX 75219-3574	AI SUSHI SAKE GRILL	2144684587	RESTAURANTS
4123 CEDAR SPRINGS RD APT 4149, DALLAS, TX 75219-3555	360 SMILES	9728538722	DENTISTS
4123 CEDAR SPRINGS RD APT 4207, DALLAS, TX 75219-3557	MAYS, JACOB S DO	8177338080	MEDICAL & SURGICAL SVC ORGANIZATIONS

Showing 1 to 10 of 27 entries

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License Details

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