2500 Mckinney Ave, Dallas, TX 75201 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2013Total Assessed Value $102,000,000County Dallas

Property Details

The Apartments property 2500 Mckinney Ave, Dallas, TX 75201 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $102,000,000.

The gross building area is 324,228 square feet and the land area is 118,483 square feet for this Apartment Garden (1 - 4 stories) built in 2013.

Legal description: Gables Mckinney Blk C/549 Lt 1A Acs 2.720 Int201300009849 Dd01102013 Co-Dc 0549 00C 01A00 1Da0549 00C

$102,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$5,203

Avg Rent

Property Image of 2500 Mckinney Ave, Dallas, TX 75201, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area324,228

Land Size118,483

Land Value$22,215,550

Improved Value$79,784,450

Total Assessed Value$102,000,000

Year Built2013

County NameDallas

Account Number000549000C01A0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories8

Garage TypeParking Garage

BasementNo basement

Bedrooms11

Bathrooms13

PatioAvailable

Access Gates1

Business Center1

Walk-in Closets1

Steel Appliances1

Number of Units239

Elevator

Exterior WallsBrick

Sales History

12/1/2020

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

12/1/2020

Transaction Details

acquired the property from through a Other transaction on 12/1/2020 for .

2/20/2019

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

2/20/2019

Transaction Details

acquired the property from through a Other transaction on 2/20/2019 for .

11/16/2017

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

11/16/2017

Transaction Details

acquired the property from through a Other transaction on 11/16/2017 for .

4/1/2017

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

4/1/2017

Transaction Details

acquired the property from through a Other transaction on 4/1/2017 for .

2/19/2015

OtherNot Disclosed

Buyer

Lexington Palm Beach Llc

Seller

Book Number

Recording Date

2/19/2015

Transaction Details

Lexington Palm Beach Llc acquired the property from through a Other transaction on 2/19/2015 for .

Property constructed in 2013

YSale Price (USD) byXSales Year

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Mortgage History

5/31/2016

Sale$69,000,000

Borrower

Lg Routh Lp

Lender

Metropolitan Life Insurance Co

Book Number

2016.148641

Recording Date

5/31/2016

Transaction Details

Lg Routh Lp borrowed the property from Metropolitan Life Insurance Co through a transaction on 5/31/2016 for $69,000,000.

Property constructed in 2013

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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	$22,215,550	$79,784,450	$102,000,000	$102,000,000	Lg Routh Lp	Ste 600 3399 Peacht...	Gables Mckinney Blk ...	1Dsol7	Gables Mckinney Add	118,483	324,228
2024	$22,215,550	$72,784,450	$95,000,000	$95,000,000	Lg Routh Lp	Ste 600 3399 Peachtr...	Gables Mckinney Blk ...	1Dsol7	GABLES MCKINNEY ADD	118,483	324,228
2023	$22,215,550	$72,784,450	$95,000,000	$95,000,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	GABLES MCKINNEY ADD	118,483	324,228
2022	$22,215,550	$65,034,450	$87,250,000	$87,250,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	-	118,483	324,228
2021	$22,215,550	$62,784,450	$85,000,000	$85,000,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	GABLES MCKINNEY ADD	118,483	324,228
2020	$23,696,600	$65,803,400	$89,500,000	$89,500,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	-	118,483	324,228
2019	$17,772,480	$70,427,520	$88,200,000	$88,200,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	-	118,483	324,228
2018	$12,144,530	$73,895,470	$86,040,000	$86,040,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	-	118,483	324,228
2017	$11,848,330	$72,121,670	$83,970,000	$83,970,000	Lg Routh Lp	Suite 600, 3399 Peac...	Gables Mckinney Blk ...	1DSOL7	-	118,483	324,228
2016	$11,848,330	$61,151,670	$73,000,000	$73,000,000	Lg Routh Lp	Suite 600, 3399 Peac...	GABLES MCKINNEY BLK ...	1DSOL7	-	118,483	324,228

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Showing 1 to 10 of 11 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 ↕
2500 Mckinney Ave, Dallas, TX 75201	000549000C01A0000	Apartments	Apartment Garden (1 - 4 stories)	Lg Routh Lp	Dallas	-	-	-	-	2013	324,228	239
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	0.9	$ 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	1.3	$ 158,381,617	2025-07-02	$ 544.83	2008	290,699	324
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	1.6	$ 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	2.2	$ 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	1.4	$ 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	1.2	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	2.3	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	340
1001 Ross Ave, Dallas, TX 75202	00021200100010000	Apartments	Apartment Garden (1 - 4 stories)	Cc Meyer Properties Llc	Dallas	0.9	$ 31,681,930	2025-02-26	$ 142.34	2003	222,581	204
2217 Ivan St, Dallas, TX 75201	000998000102A0000	Apartments	Apartment Garden (1 - 4 stories)	Windsor At Turtle Creek Lp	Dallas	0.6	$ 110,872,125	2025-01-21	$ 238.11	1998	465,635	331

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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 ↕
—	2500 Mckinney Ave, Dallas, TX 75201	—	-	118,483	2013	324,228	$ 102,000,000	$ 22,215,550	-
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
Zions Bancorporation Na	2604 Hibernia St, Dallas, TX 75204	04/22/2025	$ 475,000	7,000	1930	1,368	$ 750,000	$ 700,000
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
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$ 43,314,790

Median$ 17,410,500.0

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 ↕
2500 MCKINNEY AVE APT 1109, DALLAS, TX 75201-2329	SPUN CREATIVE GROUP LLC	9723927176	INTERIOR DECORATORS DESIGN & CONSULTANTS
2500 MCKINNEY AVE, DALLAS, TX 75201-2354	GABLES RESIDENTIAL	2148809006	APARTMENTS
2500 MCKINNEY AVE APT 701, DALLAS, TX 75201-2320	WAYNE LYLE INSURANCE	3039735500	INSURANCE

Showing 1 to 3 of 3 entries

Tenant Industry Distribution

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License Details

License Number

32091706997

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

9/19/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	LWB LAND, LLC
	Address Line	2500 mckinney ave apt 311
	City / State / Zip	dallas TX 75201
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	75201
Registration Details	SOS Code	A

License Timeline

License Issued

9/19/2023

Currently Active

Status: -

Renewal Required

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