5959 Maple Ave, Dallas, TX 75235 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2012Total Assessed Value $72,050,000County Dallas

Property Details

The Apartments property 5959 Maple Ave, Dallas, TX 75235 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $72,050,000.

The gross building area is 295,740 square feet and the land area is 340,508 square feet for this Apartment Garden (1 - 4 stories) built in 2012.

Legal description: Southwestern Medical Blk D/2370 Lt 23B Acs 7.817 Int201400169251 Dd07082014 Co-Dc 2370 00D 23B00 6Da2370 00D

$72,050,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,837

Avg Rent

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area295,740

Land Size340,508

Land Value$10,215,240

Improved Value$61,834,760

Total Assessed Value$72,050,000

Year Built2012

County NameDallas

Account Number002370000D23B0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Type ConstructionFrame

No of Stories3

Garage TypeAttached Garages,Covered Parking/Carport,Parking Garage

BasementNo basement

Bedrooms10

Bathrooms12

PatioAvailable

Wood DeckAvailable

Business Center1

Walk-in Closets1

Tanning Center1

Granite Countertops1

Steel Appliances1

Number of Units359

Exterior WallsBrick

Sales History

7/8/2014

Other$2,500,000

Buyer

Seller

Book Number

Recording Date

7/8/2014

Transaction Details

acquired the property from through a Other transaction on 7/8/2014 for $2,500,000.

Property constructed in 2012

YSale Price (USD) byXSales Year

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Mortgage History

6/28/2024

Arms length residential transactions purchase or resales$35,500,000

Borrower

Southwestern Gfpg Llc

Lender

Teachers Insurance&annuity Ass

Book Number

2024.130668

Recording Date

6/28/2024

Transaction Details

Southwestern Gfpg Llc borrowed the property from Teachers Insurance&annuity Ass through a Arms length residential transactions purchase or resales transaction on 6/28/2024 for $35,500,000.

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	$10,215,240	$61,372,260	$71,587,500	$71,587,500	Southwestern Gfpg Ll...	44 Cook St Ste 500	Southwestern Medical...	1DSH6B	-	340,508	295,740
2025	$10,215,240	$52,034,760	$62,250,000	$62,250,000	Southwestern Gfpg Ll...	44 Cook St Ste 500	Southwestern Medical...	1DSH6B	-	340,508	295,740
2024	$11,917,780	$53,582,220	$65,500,000	$65,500,000	Southwestern Gfpg Ll...	44 Cook St Ste 500	Southwestern Medical...	1Dsh6B	-	340,508	295,740
2023	$11,917,780	$52,056,020	$63,973,800	$63,973,800	Southwestern Gfpg Ll...	320 S Teller St Ste ...	Southwestern Medical...	1DSH6B	-	340,508	295,740
2022	$11,917,780	$42,582,220	$54,500,000	$54,500,000	Southwestern Gfpg Ll...	320 S Teller St Ste ...	Southwestern Medical...	1DSH6B	-	340,508	295,740
2021	$10,215,240	$42,884,760	$53,100,000	$53,100,000	Southwestern Gfpg Ll...	320 S Teller St Ste ...	Southwestern Medical...	1DSH6B	-	340,508	295,740
2020	$10,215,240	$42,284,760	$52,500,000	$52,500,000	Southwestern Gfpg Ll...	320 S Teller St Ste ...	Southwestern Medical...	1DSH6B	-	340,508	295,740
2019	$8,512,700	$43,487,300	$52,000,000	$52,000,000	Southwestern Gfpg Ll...	320 S Teller St Ste ...	Southwestern Medical...	1DSH6B	-	340,508	295,740
2018	$8,512,700	$41,070,300	$49,583,000	$49,583,000	Southwestern Gfpg Ll...	Str 200, 7337 W Alas...	Southwestern Medical...	1DSH6B	SOUTHWESTERN MEDICAL	340,508	295,740
2017	$6,810,160	$42,189,840	$49,000,000	$49,000,000	Southwestern Gfpg Ll...	Str 200, 7337 W Alas...	Southwestern Medical...	1DSH6B	SOUTHWESTERN MEDICAL	340,508	295,740

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Showing 1 to 10 of 14 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 ↕
5959 Maple Ave, Dallas, TX 75235	002370000D23B0000	Apartments	Apartment Garden (1 - 4 stories)	Southwestern Gfpg Llc	Dallas	-	-	-	-	2012	295,740	359
4123 Cedar Springs Rd, Dallas, TX 75219	001502000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Cedar Springs I Llc &	Dallas	1.8	$ 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	2.5	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	2.8	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381
2217 Ivan St, Dallas, TX 75201	000998000102A0000	Apartments	Apartment Garden (1 - 4 stories)	Windsor At Turtle Creek Lp	Dallas	2.4	$ 110,872,125	2025-01-21	$ 238.11	1998	465,635	331
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	4.5	$ 47,893,300	2025-07-21	$ 127.66	2015	375,159	340
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	4.1	$ 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	4.3	$ 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	3.1	$ 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	3.5	$ 31,681,930	2025-02-26	$ 142.34	2003	222,581	204
6044 E Lovers Ln, Dallas, TX 75206	005406001103A0000	Apartments	Apartment Garden (1 - 4 stories)	Reserve Wp Llc &	Dallas	4.9	$ 55,860,000	2025-12-01	$ 241.93	2009	230,897	149

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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 ↕
—	5959 Maple Ave, Dallas, TX 75235	—	-	340,508	2012	295,740	$ 72,050,000	$ 10,215,240	-
Loancore Cap Credit Reit Llc	3301 Hudnall St, Dallas, TX 75235	05/16/2025	$ 54,000,000	418,263	2014	411,043	$ 72,050,000	$ 16,730,520	Kv Locale Apartments Llc
Midfirst Bank	2606 Kimsey Dr, Dallas, TX 75235	05/09/2025	$ 350,500	7,500	2023	6,588	$ 2,253,730	$ 375,000
Midfirst Bank	2606 Kimsey Dr, Dallas, TX 75235	05/07/2025	$ 347,600	7,500	2023	6,588	$ 2,253,730	$ 375,000
Rocket Mortgage Llc	2335 Stutz Rd Unit49, Dallas, TX 75235	04/17/2025	$ 304,500	35,126	2011	1,861	$ 439,200	$ 92,230
Jll Real Estate Capital Llc	5150 Lemmon Ave, Dallas, TX 75209	02/27/2025	$ 60,000,000	134,165	2008	204,905	$ 38,376,300	$ 6,037,430
The Bancorp Bank	5010 Maple Ave, Dallas, TX 75235	01/22/2025	$ 16,500,000	232,188	1963	137,480	$ 15,500,000	$ 9,287,520	Wsp Polanco 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
Jpmorgan Chase Bank Na	4606 Cedar Springs Rd, Dallas, TX 75219	11/04/2024	$ 38,555,000	736,468	1993	371,284	$ 86,000,000	$ 33,141,060	Nxrt Atera Llc
Argentic Real Estate Inv Llc	4201 Lomo Alto Dr Unit203, Highland Park, TX 75219	10/07/2024	$ 38,500,000	83,748	2000	2,261	$ 500,450	$ 141,280	Si Alto Hp Llc
Argentic Real Estate Inv Llc	4201 Lomo Alto Dr Unit202, Highland Park, TX 75219	10/07/2024	$ 38,500,000	83,748	2000	2,285	$ 500,450	$ 124,280	Si Alto Hp Llc

Mean$ 28,004,481

Median$ 38,500,000.0

Loan Amount Range$ 182,000 - $ 60,000,000

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5959 MAPLE AVE, DALLAS, TX 75235-6553	SOUTHWESTERN APARTMENTS	2143525959	APARTMENTS
5959 MAPLE AVE, DALLAS, TX 75235-6553	SOUTHWESTERN APARTMENTS	2143588687	APARTMENTS

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License Details

License Number

32091922115

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

10/3/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	AIRMAN TRANSPORTATION LLC
	Address Line	5959 maple ave apt 2130
	City / State / Zip	dallas TX 75235
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	75235
Registration Details	SOS Code	A

License Timeline

License Issued

10/3/2023

Currently Active

Status: -

Renewal Required

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