8401 Memorial Ln Unit398, Plano, TX 75024 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2007Total Assessed Value $77,500,000County Collin

Property Details

The Apartments property 8401 Memorial Ln Unit398, Plano, TX 75024 is located in Collin County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $77,500,000.

The gross building area is 382,025 square feet and the land area is 507,387 square feet for this Apartment Garden (1 - 4 stories) built in 2007.

Legal description: Tribeca The (Cpl), Blk A, Lot 1

$77,500,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,715

Avg Rent

Property Image of 8401 Memorial Ln Unit398, Plano, TX 75024, Apartments

1 / 3

Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area382,025

Land Size507,387

Land Value$7,610,803

Improved Value$69,889,197

Total Assessed Value$77,500,000

Year Built2007

County NameCollin

Account Number2614633

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningYes

Parking Space189

HeatingNone

PoolSwimming Pools

Roof TypeGable

Type ConstructionOther

No of Stories1

Bathrooms12

Wood DeckAvailable

Access Gates1

Business Center1

9ft Ceilings1

Walk-in Closets1

Perimeter Fence1

Emergency Maintenance1

Granite Countertops1

Steel Appliances1

Number of Units398

Sales History

12/7/2023

Arms-length$93,100,000

Buyer

Kv Tribeca Apartments Llc

Seller

Wop Tribeca Llc

Book Number

2023000139695

Recording Date

12/7/2023

Transaction Details

Kv Tribeca Apartments Llc acquired the property from Wop Tribeca Llc through a Arms-length transaction on 12/7/2023 for $93,100,000.

1/9/2020

Arms-length$6,250,000

Buyer

Wop Tribeca Llc

Seller

Tribeca Multifamily Dallas Lp

Book Number

2020.43820

Recording Date

1/9/2020

Transaction Details

Wop Tribeca Llc acquired the property from Tribeca Multifamily Dallas Lp through a Arms-length transaction on 1/9/2020 for $6,250,000.

11/9/2016

Other$3,822,221

Buyer

Garfield Business Park I Llc

Seller

Garfield Business Park Llc

Book Number

Recording Date

11/9/2016

Transaction Details

Garfield Business Park I Llc acquired the property from Garfield Business Park Llc through a Other transaction on 11/9/2016 for $3,822,221.

2/10/2015

Arms-lengthNot Disclosed

Buyer

Tribeca Multifamily Dallas Lp

Seller

Bes Tribeca Fund Vii Lp

Book Number

2015.153350

Recording Date

2/10/2015

Transaction Details

Tribeca Multifamily Dallas Lp acquired the property from Bes Tribeca Fund Vii Lp through a Arms-length transaction on 2/10/2015 for .

9/22/2010

Arms-length$39,004,000

Buyer

Bes Tribeca Fund Vii Lp & Bes Tribeca Fund Viii Lp

Seller

Tribeca Apartments Limited

Book Number

001015350

Recording Date

9/22/2010

Transaction Details

Bes Tribeca Fund Vii Lp & Bes Tribeca Fund Viii Lp acquired the property from Tribeca Apartments Limited through a Arms-length transaction on 9/22/2010 for $39,004,000.

6/27/2006

Arms-lengthNot Disclosed

Buyer

Tribeca Apartments Limited

Seller

Suburbanurban Ltd

Book Number

937530

Recording Date

6/27/2006

Transaction Details

Tribeca Apartments Limited acquired the property from Suburbanurban Ltd through a Arms-length transaction on 6/27/2006 for .

Property constructed in 2007

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

12/7/2023

New construction residential transactions$70,000,000

Borrower

Kv Tribeca Apartments Llc

Lender

Incref Investments Bmo Seller Llc

Book Number

2023000139696

Recording Date

12/7/2023

Transaction Details

Kv Tribeca Apartments Llc borrowed the property from Incref Investments Bmo Seller Llc through a New construction residential transactions transaction on 12/7/2023 for $70,000,000.

1/10/2020

Sale$5,000,000

Borrower

Wop Tribeca Llc

Lender

Greystone Servicing Company Llc

Book Number

000043860

Recording Date

1/10/2020

Transaction Details

Wop Tribeca Llc borrowed the property from Greystone Servicing Company Llc through a transaction on 1/10/2020 for $5,000,000.

3/9/2015

Arms length residential transactions purchase or resales$39,225,000

Borrower

Tribeca Multifamily Dallas Lp

Lender

Greystone Servicing Corporation Inc

Book Number

2015.255660

Recording Date

3/9/2015

Transaction Details

Tribeca Multifamily Dallas Lp borrowed the property from Greystone Servicing Corporation Inc through a Arms length residential transactions purchase or resales transaction on 3/9/2015 for $39,225,000.

9/21/2010

New construction residential transactions$25,500,000

Borrower

Bes Tribeca Fund Vii Lp

Lender

American Heritage Life Insurance Company

Book Number

20100922001015380

Recording Date

9/21/2010

Transaction Details

Bes Tribeca Fund Vii Lp borrowed the property from American Heritage Life Insurance Company through a New construction residential transactions transaction on 9/21/2010 for $25,500,000.

7/6/2006

Helocs both purchase money and non purchase money helocs$30,442,000

Borrower

Tribeca Apartments Ltd

Lender

Citibank Texas Na

Book Number

20060707000937540

Recording Date

7/6/2006

Transaction Details

Tribeca Apartments Ltd borrowed the property from Citibank Texas Na through a Helocs both purchase money and non purchase money helocs transaction on 7/6/2006 for $30,442,000.

Property constructed in 2007

Loading Mortgage History...

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	$7,610,803	$79,990,337	$87,601,140	$87,601,140	Kv Tribeca Apartment...	8343 Douglas Ave Ste...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2025	$7,610,803	$69,889,197	$77,500,000	$77,500,000	Kv Tribeca Apartment...	8343 Douglas Ave Ste...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2024	$7,610,803	$77,249,777	$84,860,580	$84,860,580	Kv Tribeca Apartment...	5728 Lbj Fwy Ste 400	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2023	$7,610,803	$65,066,886	$72,677,689	$72,677,689	Wop Tribeca Llc	5150 E Dublin Granvi...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2022	$7,610,803	$59,517,575	$67,128,378	$67,128,378	Wop Tribeca Llc	5150 E Dublin Granvi...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2021	$7,610,803	$50,389,197	$58,000,000	$58,000,000	Wop Tribeca Llc	5150 E Dublin Granvi...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2020	$7,610,803	$58,105,913	$65,716,716	$65,716,716	Wop Tribeca Llc	5150 E Dublin Granvi...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2019	$7,610,803	$47,458,917	$55,069,720	$55,069,720	Wop Tribeca Llc	5150 E Dublin Granvi...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2018	$5,073,869	$48,426,131	$53,500,000	$53,500,000	Tribeca Multifamily ...	C/o Matthews Multifa...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025
2017	$5,073,869	$46,047,231	$51,121,100	$51,121,100	Tribeca Multifamily ...	C/o Matthews Multifa...	Tribeca The (Cpl), B...	-	S9209	507,387	382,025

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
8401 Memorial Ln Unit398, Plano, TX 75024	2614633	Apartments	Apartment Garden (1 - 4 stories)	Kv Tribeca Apartments Llc	Collin	-	$ 93,100,000	2023-12-07	$ 243.70	2007	382,025	398
5225 Town Country Blvd, Frisco, TX 75034	500870	Apartments	Apartment Garden (1 - 4 stories)	Nap Rovello Stonebriar Commons Lp	Denton	2.6	$ 41,634,320	2025-10-28	$ 132.23	2016	314,855	216
5225 Town And Country Blvd, Frisco, TX 75034	2778074	Apartments	Apartment Garden (1 - 4 stories)	Nap Ravello Stonebriar Commons Lp	Collin	2.5	$ 35,546,900	2025-10-28	$ 113.99	2016	311,855	216
3700 Legacy Dr Unit 320 Unit320, Frisco, TX 75034	2087227	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Legacy Drive Frisco Llc	Collin	2.6	$ 86,117,500	2025-08-25	$ 223.86	1999	384,698	320
7777 Adelaide St, Frisco, TX 75034	678793	Apartments	Apartment Garden (1 - 4 stories)	Hp Maxwell Llc	Denton	4.6	$ 57,216,600	2025-05-13	$ 172.15	2017	332,361	325
6300 Windcrest Dr Unit380, Plano, TX 75024	2058512	Apartments	Apartment Garden (1 - 4 stories)	Key Creekside Llc	Collin	2.4	$ 87,279,920	2024-09-26	$ 227.99	1996	382,817	380
4700 Tribeca Ln Unit240, Plano, TX 75024	2614632	Apartments	Apartment Garden (1 - 4 stories)	Kv Encore Apartments Llc	Collin	0.1	$ 54,184,200	2024-06-05	$ 276.36	2011	196,064	240
3700 Preston Rd Unit302, Plano, TX 75093	1976049	Apartments	Apartment Garden (1 - 4 stories)	Simfa Lakeshore Fee Simple Llc	Collin	3.1	$ 54,983,530	2024-09-26	$ 212.30	1991	258,988	302
4500 Sojourn Dr, Addison, TX 75001	10000911929000000	Apartments	Apartment Garden (1 - 4 stories)	Btp Apartments I Llc	Dallas	8.0	$ 46,550,000	2025-07-01	$ 165.26	1980	281,677	292
2001 E Spring Creek Pkwy Unit300, Plano, TX 75074	2070489	Apartments	Apartment Garden (1 - 4 stories)	Spring Creek Fee Owner Llc	Collin	7.2	$ 58,235,380	2024-08-21	$ 201.08	1997	289,620	300
4689 Mustang Pkwy, Carrollton, TX 75010	633052	Apartments	Apartment Garden (1 - 4 stories)	Mustang Pkwy Mf Prop Llc	Denton	5.6	$ 61,180,000	2025-08-21	$ 197.38	2014	309,961	268

Loading Comparables...

Nearby Lenders

Showentries

Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	8401 Memorial Ln Unit398, Plano, TX 75024	—	-	507,387	2007	382,025	$ 77,500,000	$ 7,610,803	-
Mttbst Trust	2949 Parkwood Blvd Unit345, Frisco, TX 75034	09/04/2025	$ 39,500,000	274,689	2015	383,157	$ 84,635,832	$ 5,493,787	Creekwood Frisco Gaylord Llc
Wells Fargo Bank Na	8100 Memorial Ln Unit144, Plano, TX 75024	08/29/2025	$ 116,000,000	463,958	2007	366,350	$ 43,227,050	$ 6,959,363
Wells Fargo Bank Na	8123 Ohio Dr Unit276, Plano, TX 75024	08/29/2025	$ 116,000,000	495,321	1998	262,102	$ 39,901,893	$ 7,429,815
Wells Fargo Bank Na	8123 Ohio Dr Unit191, Plano, TX 75024	08/29/2025	$ 116,000,000	898,469	1998	212,507	$ 27,709,648	$ 13,477,035
Berkeley Point Capital Llc	7200 Preston Rd Unit342, Plano, TX 75024	08/29/2025	$ 47,775,000	932,968	1995	319,322	$ 57,602,104	$ 16,793,424	Cws Brooks On Preston Lp
Cbre Capital Markets Inc	6300 Windcrest Dr Unit380, Plano, TX 75024	09/26/2024	$ 65,624,000	2,077,150	1996	382,817	$ 80,000,000	$ 37,388,698	Key Creekside Llc
State Farm Life Insurance Co	5301 W Spring Creek Pkwy Unit328, Plano, TX 75024	08/08/2024	$ 37,500,000	1,073,793	1999	334,937	$ 59,793,635	$ 19,328,278	Jllx Villas At Legacy Llc
State Farm Life Insurance Co	5301 W Spring Creek Pkwy Unit328, Plano, TX 75024	08/06/2024	$ 37,500,000	1,073,793	1999	334,937	$ 59,793,635	$ 19,328,278	Jllx Villas At Legacy Llc
Plainscapital Bank	6801 Corporate Dr, Plano, TX 75024	06/17/2024	$ 3,151,499	216,985	2020	2,452	$ 1,382,928	$ 271,232	Starside Construction Inc
Plainscapital Bank	6801 Corporate Dr, Plano, TX 75024	06/17/2024	$ 3,151,499	216,985	2020	2,348	$ 1,324,272	$ 271,232	Starside Construction Inc

Mean$ 26,790,711

Median$ 3,151,499.0

Loan Amount Range$ 1,087,500 - $ 116,000,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Loading Tenant Details...

Loading Tenants...

License Details

License Number

32093475922

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/29/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	GRD CONSULTING, LLC
	Address Line	8401 memorial ln apt 7246
	City / State / Zip	plano TX 75024
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48085
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75024
Registration Details	SOS Code	A

License Timeline

License Issued

1/29/2024

Currently Active

Status: -

Renewal Required

Loading License Details...