631 E Royal Ln, Irving, TX 75039 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2004Total Assessed Value $71,713,180County Dallas

Property Details

The Apartments property 631 E Royal Ln, Irving, TX 75039 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $71,713,180.

The gross building area is 339,819 square feet and the land area is 709,723 square feet for this Apartment Garden (1 - 4 stories) built in 2004.

Legal description: La Villita Ph 1A Blk D Lot 1 Acs 16.293 Int201400219455 Dd08262014 Co-Dc 2595500D00100 1Ci2595500D

$71,713,180

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,731

Avg Rent

Property Image of 631 E Royal Ln, Irving, TX 75039, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area339,819

Land Size709,723

Land Value$6,032,650

Improved Value$65,680,530

Total Assessed Value$71,713,180

Year Built2004

County NameDallas

Account Number322595500D0010000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

FireplaceFireplace - Gas,Fireplace - Wood Burning

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories3

Garage TypeCovered Parking/Carport,Detached Garages

BasementNo basement

Bedrooms11

Bathrooms9

PatioAvailable

Business Center1

Vaulted Ceilings1

Walk-in Closets1

Number of Units360

Exterior WallsBrick

Sales History

8/26/2014

Arms-length$39,625,000

Buyer

Gaines Jeffrey J

Seller

La Villita Holding Company

Book Number

2014.219455

Recording Date

8/26/2014

Transaction Details

Gaines Jeffrey J acquired the property from La Villita Holding Company through a Arms-length transaction on 8/26/2014 for $39,625,000.

11/1/2005

Other$35,750,000

Buyer

Seller

Book Number

Recording Date

11/1/2005

Transaction Details

acquired the property from through a Other transaction on 11/1/2005 for $35,750,000.

Property constructed in 2004

YSale Price (USD) byXSales Year

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Mortgage History

8/30/2024

Arms length residential transactions purchase or resales$30,751,000

Borrower

Mission At La Villita Grantor

Lender

Walker & Dunlop Llc

Book Number

2024.176332

Recording Date

8/30/2024

Transaction Details

Mission At La Villita Grantor borrowed the property from Walker & Dunlop Llc through a Arms length residential transactions purchase or resales transaction on 8/30/2024 for $30,751,000.

8/26/2014

Sale$31,700,000

Borrower

Gaines Jeffrey J

Lender

Walker & Dunlop Llc

Book Number

2014.219456

Recording Date

8/26/2014

Transaction Details

Gaines Jeffrey J borrowed the property from Walker & Dunlop Llc through a transaction on 8/26/2014 for $31,700,000.

7/31/2008

Arms length residential transactions purchase or resales$16,549,000

Borrower

La Villita Holding Co

Lender

Hsbc Realty Credit Corp Usa

Book Number

2008.251339

Recording Date

7/31/2008

Transaction Details

La Villita Holding Co borrowed the property from Hsbc Realty Credit Corp Usa through a Arms length residential transactions purchase or resales transaction on 7/31/2008 for $16,549,000.

Property constructed in 2004

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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	$6,032,650	$65,907,550	$71,940,200	$71,940,200	Mission At La Villit...	7590 Fay Ave Ste 100	La Villita Ph 1A Blk...	1ISC04	-	709,723	339,819
2025	$6,032,650	$56,434,250	$62,466,900	$62,466,900	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	La Villita Ph 1A	709,723	339,819
2024	$6,032,650	$56,967,350	$63,000,000	$63,000,000	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1Isc04	LA VILLITA PH 1A	709,723	339,819
2023	$6,032,650	$53,967,350	$60,000,000	$60,000,000	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	LA VILLITA PH 1A	709,723	339,819
2022	$6,032,650	$45,217,350	$51,250,000	$51,250,000	Mission At La Villit...	7590 Fay Ave Ste 100	La Villita Ph 1A Blk...	1ISC04	-	709,723	339,819
2021	$6,032,650	$42,738,350	$48,771,000	$48,771,000	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	LA VILLITA PH 1A	709,723	339,819
2020	$6,032,650	$40,923,950	$46,956,600	$46,956,600	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	-	709,723	339,819
2019	$6,032,650	$38,367,350	$44,400,000	$44,400,000	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	LA VILLITA PH 1A	709,723	339,819
2018	$4,258,340	$39,041,660	$43,300,000	$43,300,000	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	LA VILLITA PH 1A	709,723	339,819
2017	$4,258,340	$36,491,660	$40,750,000	$40,750,000	Mission At La Villit...	Mission At La Villit...	La Villita Ph 1A Blk...	1ISC04	LA VILLITA PH 1A	709,723	339,819

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Showing 1 to 10 of 18 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 ↕
631 E Royal Ln, Irving, TX 75039	322595500D0010000	Apartments	Apartment Garden (1 - 4 stories)	Mission At La Villita Grantor Trust I	Dallas	-	$ 39,625,000	2014-08-26	$ 116.61	2004	339,819	360
6411 Tranquilo, Irving, TX 75039	320056400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Pure La Villita Apts Llc	Dallas	0.2	$ 59,185,000	2025-09-12	$ 222.55	2006	265,944	306
101 Cimarron Trl, Irving, TX 75063	322737600A0010000	Apartments	Apartment Garden (1 - 4 stories)	Camden Operating Lp	Dallas	2.6	$ 42,932,400	2025-07-01	$ 147.00	1992	292,049	286
555 Promenade Pkwy, Irving, TX 75039	322422200A0010000	Apartments	Apartment Garden (1 - 4 stories)	Jdfw Ii Llc	Dallas	1.5	$ 156,940,000	2025-11-25	$ 342.12	2018	458,730	387
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	2.2	$ 61,479,250	2024-12-09	$ 176.06	2007	349,199	341
801 Lake Carolyn Pkwy, Irving, TX 75039	323111100A0010000	Apartments	Apartment Garden (1 - 4 stories)	Sam 801 Lasco Owner Llc	Dallas	2.1	$ 73,482,500	2024-12-19	$ 197.13	2016	372,753	422
515 Promenade Pkwy, Irving, TX 75039	322422200A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	1.5	$ 117,385,000	2024-12-04	$ 229.25	2020	512,030	433
9921 W Valley Ranch Pkwy, Irving, TX 75063	320864600A03R0000	Apartments	Apartment Garden (1 - 4 stories)	Criterion International	Dallas	3.3	$ 42,301,980	2025-06-17	$ 156.48	2023	270,329	236
1415 S Broadway St, Carrollton, TX 75006	140005000R02R0000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lyv Broadway Owner Lp	Dallas	4.0	$ 78,470,000	2024-06-28	$ 213.31	2019	367,875	390
1011 S Main St, Carrollton, TX 75006	141079400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lux On Main Owner Lp	Dallas	4.2	$ 68,495,000	2024-10-08	$ 212.89	2018	321,732	352
8801 Rodeo Dr, Irving, TX 75063	325597700A0010000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance	Dallas	2.5	$ 42,560,000	2025-03-24	$ 243.83	1986	174,548	212

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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 ↕
—	631 E Royal Ln, Irving, TX 75039	—	-	709,723	2004	339,819	$ 71,713,180	$ 6,032,650	-
Cbre Capital Markets Inc	9921 W Valley Ranch Pkwy, Irving, TX 75063	06/17/2025	$ 31,806,000	230,376	2023	270,329	$ 34,982,400	$ 1,843,010	Intl Valley Ranch Re Llc
Greystone Servicing Co Llc	1355 Meadow Creek Dr, Irving, TX 75038	06/04/2025	$ 20,725,000	538,470	1984	243,505	$ 39,878,700	$ 7,000,110	Akasa Vanam Limited Partnershi
Ameritas Life Insurance Corp	2727 W Walnut Hill Ln, Irving, TX 75038	06/01/2025	$ 8,300,000	326,700	1975	144,068	$ 24,440,000	$ 3,267,000	Lpd Realty Llc
Regions Bank	1850 Mercer Pkwy, Farmers Branch, TX 75234	05/01/2025	$ 62,506,400	466,876	2018	578,538	$ 68,500,000	$ 3,735,010	Wria 20172 Lp
Arbor Commercial Funding I Llc	11661 Dennis Rd, Dallas, TX 75229	04/30/2025	$ 27,090,000	390,502	1974	210,128	$ 32,269,140	$ 3,124,020	Touro Midtown De Llc
Regions Bank	1900 Mercer Pkwy, Farmers Branch, TX 75234	04/28/2025	$ 61,034,400	429,589	2018	589,083	$ 67,497,560	$ 4,081,100	Wria 20174 Lp
Cvi Loan Sub Holdings Iv Llc	9727 Dale Crest Dr, Dallas, TX 75220	04/21/2025	$ 128,000,000	274,384	1972	117,888	$ 18,101,030	$ 1,783,500	Spanish Pueblo Leasehold Llc
Rocket Mortgage Llc	6447 Malaga, Irving, TX 75039	04/21/2025	$ 652,000	7,095	2007	3,231	$ 674,078	$ 125,000
Jll Real Estate Capital Llc	5302 Carnaby St, Irving, TX 75038	03/31/2025	$ 37,700,000	403,017	1995	222,436	$ 53,312,030	$ 6,045,260	Montgomery Acquisition I Llc
Barclays Capital Re Inc	8801 Rodeo Dr, Irving, TX 75063	03/24/2025	$ 32,000,000	440,783	1986	174,548	$ 40,069,980	$ 2,644,700	Avalon 8801 Leasehold Llc

Mean$ 37,515,108

Median$ 30,751,000.0

Loan Amount Range$ 652,000 - $ 128,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32075123045

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

7/22/2020

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	TOSHBAT LLC
	Address Line	631 e royal ln apt 1007
	City / State / Zip	irving TX 75039
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	75039
Registration Details	SOS Code	A

License Timeline

License Issued

7/22/2020

Currently Active

Status: -

Renewal Required

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