2726 Mercedes Ave, Fort Worth, TX 76107 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2014Total Assessed Value $77,863,737County Tarrant

Property Details

The Apartments property 2726 Mercedes Ave, Fort Worth, TX 76107 is located in Tarrant County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $77,863,737.

The gross building area is 462,036 square feet and the land area is 235,239 square feet for this Apartment Garden (1 - 4 stories) built in 2014.

Legal description: Linwood Addition Block 17R Lot 1R Per Plat D214020464

$77,863,737

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,734

Avg Rent

Property Image of 2726 Mercedes Ave, Fort Worth, TX 76107, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area462,036

Land Size235,239

Land Value$5,351,687

Improved Value$72,512,050

Total Assessed Value$77,863,737

Year Built2014

County NameTarrant

Account Number41705491

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories4

Garage TypeAttached Garages,Covered Parking/Carport,Parking Garage

Bedrooms32

Bathrooms37

PatioAvailable

Walk-in Closets1

Granite Countertops1

Steel Appliances1

Number of Units374

Sales History

2/21/2019

Arms-length$58,406,300

Buyer

Am Int West 7th Owner Llc

Seller

Elan West 7th Lp

Book Number

D219033806

Recording Date

2/21/2019

Transaction Details

Am Int West 7th Owner Llc acquired the property from Elan West 7th Lp through a Arms-length transaction on 2/21/2019 for $58,406,300.

Property constructed in 2014

YSale Price (USD) byXSales Year

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Mortgage History

12/29/2016

Sale$47,646,000

Borrower

Elan West 7th Lp

Lender

Cbre Multifamily Capital Inc

Book Number

2016.304851

Recording Date

12/29/2016

Transaction Details

Elan West 7th Lp borrowed the property from Cbre Multifamily Capital Inc through a transaction on 12/29/2016 for $47,646,000.

Property constructed in 2014

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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	$5,351,687	$74,279,542	$79,631,229	$79,631,229	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	Apt7Thst	24060	235,239	462,036
2025	$5,351,687	$72,512,050	$77,863,737	$77,863,737	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH St	Apt-7Th Street	235,239	462,036
2024	$5,351,687	$65,448,313	$70,800,000	$70,800,000	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH St	Apt-7Th Street	235,239	462,036
2023	$5,351,687	$67,848,313	$73,200,000	$73,200,000	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH Street	Apt-7Th Street	235,239	462,036
2022	$5,351,687	$63,848,313	$69,200,000	$69,200,000	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH St	Apt-7Th St	235,239	462,036
2021	$5,351,687	$61,448,313	$66,800,000	$66,800,000	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH St	APT-7TH St	235,239	462,036
2020	$5,351,687	$61,448,313	$66,800,000	$66,800,000	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH St	APT-7TH St	235,239	462,036
2019	$5,351,687	$59,148,313	$64,500,000	$64,500,000	Am Int West 7th Owne...	5404 Wisconsin Ave S...	Linwood Addition Blo...	APT-7TH St	APT-7TH St	235,239	462,036
2018	$2,964,011	$60,425,989	$63,390,000	$63,390,000	Elan West 7th Lp	18 Broad Fl 3 St	Linwood Addition Blo...	APT-7TH St	APT-7TH St	235,239	462,036
2017	$2,964,011	$58,035,989	$61,000,000	$61,000,000	Elan West 7th Lp	18 Broad Fl 3 St	Linwood Addition Blo...	APT-7TH St	APT-7TH St	235,239	462,036

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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 ↕
2726 Mercedes Ave, Fort Worth, TX 76107	41705491	Apartments	Apartment Garden (1 - 4 stories)	Am Int West 7th Owner Llc	Tarrant	-	$ 58,406,300	2019-02-21	$ 126.41	2014	462,036	374
218 W Broadway Ave, Fort Worth, TX 76104	40926583	Apartments	Apartment Garden (1 - 4 stories)	Broadway Acquisition Lp	Tarrant	1.9	$ 53,750,000	2025-07-21	$ 175.90	2022	305,580	1
637 Samuels Ave, Fort Worth, TX 76102	42402946	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	1.7	$ 56,250,000	2025-01-23	$ 144.08	2018	390,395	274
520 Samuels Ave, Fort Worth, TX 76102	41407628	Apartments	Apartment Garden (1 - 4 stories)	Housing Authority Of The City	Tarrant	1.7	$ 6,650,000	2024-08-06	$ 14.49	2008	459,030	370
5555 Edwards Ranch Rd, Fort Worth, TX 76107	42820039	Apartments	Apartment Garden (1 - 4 stories)	Wmci Dallas Xviiic Llc	Tarrant	4.1	$ 87,021,900	2024-10-29	$ 182.09	2022	477,907	1
4699 Fossil Vista, Haltom City, TX 76137	07216750	Apartments	Apartment Garden (1 - 4 stories)	Kv Belmond Apartments Lp	Tarrant	7.4	$ 45,057,740	2025-06-18	$ 130.61	2001	344,992	312
8032 Monterra Blvd, Fort Worth, TX 76177	42559217	Apartments	Apartment Garden (1 - 4 stories)	Wmci Dallas Xviib Llc	Tarrant	10.0	$ 66,476,060	2024-09-11	$ 126.81	2020	524,216	375
8100 N Riverside Dr, Fort Worth, TX 76137	41410475	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	9.8	$ 53,500,000	2024-10-31	$ 140.24	2009	381,489	276
301 Mercedes St, Benbrook, TX 76126	42509465	Apartments	Apartment Garden (1 - 4 stories)	Benbrook Apartments Llc	Tarrant	8.1	$ 62,500,000	2025-04-30	$ 171.40	2019	364,647	301
305 W W Fm 1187, Crowley, TX 76036	42687789	Apartments	Apartment Garden (1 - 4 stories)	Landmark At Crowley	Tarrant	13.0	$ 43,890,000	2025-04-08	$ 157.71	2021	278,301	267
8900 Randol Mill Rd, Fort Worth, TX 76120	05682045	Apartments	Apartment Garden (1 - 4 stories)	Tc Eastchase Lp	Tarrant	11.4	$ 40,500,000	2025-03-04	$ 124.55	1984	325,179	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 ↕
—	2726 Mercedes Ave, Fort Worth, TX 76107	—	-	235,239	2014	462,036	$ 77,863,737	$ 5,351,687	-
Walker & Dunlop Llc	701 N Hampton St, Fort Worth, TX 76102	09/25/2025	$ 44,500,000	311,585	2019	442,989	$ 62,218,599	$ 934,755	-
Walker & Dunlop Llc	712 N Hampton St, Fort Worth, TX 76102	09/25/2025	$ 44,500,000	59,459	2019	35,992	$ 7,511,700	$ 178,377	-
Bredif Jpm Seller Llc	901 Commerce St, Fort Worth, TX 76102	07/31/2025	$ 100,000,000	27,530	2022	567,901	$ 112,734,496	$ 2,477,700	9th And Commerce Fort Worth Ll
Citi Real Estate Funding Inc	150 St Donovan St, Fort Worth, TX 76107	05/30/2025	$ 598,400,000	136,125	1958	72,929	$ 11,909,432	$ 476,438	Residence At Monticello Llc
Citi Real Estate Funding Inc	160 St Donovan St, Fort Worth, TX 76107	05/30/2025	$ 598,400,000	79,758	1958	35,733	$ 6,064,247	$ 279,153	Residence At Monticello Llc
Fbred Bdc Finance Llc	637 Samuels Ave, Fort Worth, TX 76102	01/23/2025	$ 37,500,000	52,708	2018	0	$ 1,317,700	$ 1,317,700	Eph 51 Llc
Fbred Bdc Finance Llc	637 Samuels Ave, Fort Worth, TX 76102	01/23/2025	$ 37,500,000	42,253	2018	82,809	$ 16,012,497	$ 1,056,325	Eph 51 Llc
Fbred Bdc Finance Llc	637 Samuels Ave, Fort Worth, TX 76102	01/23/2025	$ 37,500,000	182,155	2018	390,395	$ 53,196,755	$ 4,553,875	Eph 51 Llc
Jll Real Estate Capital Llc	1216 S Adams St, Fort Worth, TX 76104	11/19/2024	$ 11,911,000	4,900	1970	0	$ 165,924	$ 207,405	Ug Magnolia Lp
Jll Real Estate Capital Llc	1224 S Adams St, Fort Worth, TX 76104	11/19/2024	$ 11,911,000	4,900	1970	0	$ 256,248	$ 320,310	Ug Magnolia Lp

Mean$ 79,704,965

Median$ 24,705,500.0

Loan Amount Range$ 75,000 - $ 598,400,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32050562373

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

2/6/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	NATALIE ANN NORTHCUTT
	Address Line	11401 park central pl
	City / State / Zip	dallas TX 75230
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48439
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75230
Registration Details	SOS Code

License Timeline

License Issued

2/6/2024

Currently Active

Status: -

Renewal Required

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