3501 Ross Ave, Dallas, TX 75204 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2013Total Assessed Value $88,275,000County Dallas

Property Details

The Apartments property 3501 Ross Ave, Dallas, TX 75204 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $88,275,000.

The gross building area is 571,766 square feet and the land area is 154,202 square feet for this Apartment Garden (1 - 4 stories) built in 2013.

Legal description: Ross Arts Apartments Blk A/597 Lt 1A Less Row Acs 3.54 Int202100207939 Dd07132021 Co-Dc 0597 00A 01A00 7Da0597 00A

$88,275,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,933

Avg Rent

Property Image of 3501 Ross Ave, Dallas, TX 75204, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area571,766

Land Size154,202

Land Value$7,710,100

Improved Value$80,564,900

Total Assessed Value$88,275,000

Year Built2013

County NameDallas

Account Number000597000A01A0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories5

Garage TypeAttached Garages

BasementNo basement

Bedrooms18

Bathrooms20

Wood DeckAvailable

Steel Appliances1

10ft Ceilings1

Number of Units368

Elevator

Exterior WallsBrick

Sales History

7/13/2021

Arms-lengthNot Disclosed

Buyer

Macallan On Ross Lp

Seller

Ww Ross Avenue Lp

Book Number

2021.207939

Recording Date

7/13/2021

Transaction Details

Macallan On Ross Lp acquired the property from Ww Ross Avenue Lp through a Arms-length transaction on 7/13/2021 for .

6/2/2021

Other$75,800,000

Buyer

Macallan On Ross Lp

Seller

Book Number

Recording Date

6/2/2021

Transaction Details

Macallan On Ross Lp acquired the property from through a Other transaction on 6/2/2021 for $75,800,000.

11/3/2015

Other$68,750,000

Buyer

Seller

Book Number

Recording Date

11/3/2015

Transaction Details

acquired the property from through a Other transaction on 11/3/2015 for $68,750,000.

Property constructed in 2013

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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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	$7,710,100	$84,577,400	$92,287,500	$92,287,500	Macallan On Ross Lp	4890 W Kennedy Blvd ...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2025	$7,710,100	$72,539,900	$80,250,000	$80,250,000	Macallan On Ross Lp	4890 W Kennedy Blvd ...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2024	$7,710,100	$72,539,900	$80,250,000	$80,250,000	Macallan On Ross Lp	4890 W Kennedy Blvd ...	Ross Arts Apartments...	1Dsj09	-	154,202	571,766
2023	$7,710,100	$71,187,400	$78,897,500	$78,897,500	Macallan On Ross Lp	4890 W Kennedy Blvd ...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2022	$7,710,100	$59,789,900	$67,500,000	$67,500,000	Macallan On Ross Lp	4890 W Kennedy Blvd ...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2021	$6,939,090	$53,060,910	$60,000,000	$60,000,000	Ww Ross Avenue Lp	%olympus Ppty, 500 T...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2020	$7,710,100	$56,039,900	$63,750,000	$63,750,000	Ww Ross Avenue Lp	%olympus Ppty, 500 T...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2019	$6,939,090	$55,060,910	$62,000,000	$62,000,000	Ww Ross Avenue Lp	%olympus Ppty, 500 T...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2018	$6,168,080	$55,831,920	$62,000,000	$62,000,000	Ww Ross Avenue Lp	%olympus Ppty, 500 T...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766
2017	$5,397,070	$54,602,930	$60,000,000	$60,000,000	Ww Ross Avenue Lp	%olympus Ppty, 500 T...	Ross Arts Apartments...	1DSJ09	-	154,202	571,766

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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 ↕
3501 Ross Ave, Dallas, TX 75204	000597000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Macallan On Ross Lp	Dallas	-	$ 68,750,000	2015-11-03	$ 120.24	2013	571,766	368
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	0.9	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	1.7	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	1.4	$ 47,893,300	2025-07-21	$ 127.66	2015	375,159	340
2217 Ivan St, Dallas, TX 75201	000998000102A0000	Apartments	Apartment Garden (1 - 4 stories)	Windsor At Turtle Creek Lp	Dallas	1.3	$ 110,872,125	2025-01-21	$ 238.11	1998	465,635	331
2781 N Carroll Ave, Dallas, TX 75204	002006001801D0000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	0.9	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
8603 Southwestern Blvd, Dallas, TX 75206	005414000D0040000	Apartments	Apartment Garden (1 - 4 stories)	Pcv Northbridge Llc	Dallas	4.7	$ 102,872,840	2024-12-20	$ 270.76	1999	379,935	390
8610 Southwestern Blvd, Dallas, TX 75206	0054110J000010300	Apartments	Apartment Garden (1 - 4 stories)	Fm Village Fixed Rate Llc	Dallas	4.5	$ 68,495,000	2024-12-20	$ 174.50	1985	392,511	388
6550 Shady Brook Ln, Dallas, TX 75206	005413000A02A0000	Apartments	Apartment Garden (1 - 4 stories)	Pcv Dakota Llc	Dallas	4.8	$ 81,795,000	2024-12-20	$ 121.27	2006	674,474	496
2727 Live Oak St, Dallas, TX 75204	00C23000000RESI00	Apartments	Apartment Garden (1 - 4 stories)	Bvfv Gabriella Owner Lp	Dallas	0.6	$ 99,750,000	2024-08-14	$ 198.82	2018	501,699	349
2626 Throckmorton St, Dallas, TX 75219	001341003804A0000	Apartments	Apartment Garden (1 - 4 stories)	2626 Throckmorton Lp	Dallas	1.7	$ 47,880,000	2024-09-10	$ 124.51	2017	384,550	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 ↕
—	3501 Ross Ave, Dallas, TX 75204	—	-	154,202	2013	571,766	$ 88,275,000	$ 7,710,100	-
Regions Bank	4207 Live Oak St, Dallas, TX 75204	09/04/2025	$ 93,000,000	174,980	2003	200,466	$ 43,598,500	$ 9,623,900	Egw Live Oak Investment Lp
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
Optimum First Inc	4513 Munger Ave, Dallas, TX 75204	07/07/2025	$ 432,000	42,353	2023	8,538	$ 5,325,660	$ 2,964,710
Everett Financial Inc	4513 Munger Ave, Dallas, TX 75204	06/03/2025	$ 456,000	42,353	2023	8,538	$ 5,325,660	$ 2,964,710
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
Persimmon Bridgeco Llc	4407 San Jacinto St, Dallas, TX 75204	05/20/2025	$ 2,362,500	12,057	1963	9,020	$ 2,160,000	$ 663,140	4407 San Jacinto Llc
Veritex Community Bank	4611 Munger Ave, Dallas, TX 75204	04/18/2025	$ 1,200,000	20,000	1963	11,368	$ 1,768,000	$ 1,400,000	Cutchinc Properties Llc
Midfirst Bank	3821 Munger Ave, Dallas, TX 75204	04/02/2025	$ 548,000	7,395	2022	9,440	$ 2,200,000	$ 443,700
Mita Securities Co Ltd	4526 Munger Ave, Dallas, TX 75204	03/12/2025	$ 1,600,000	21,216	1958	17,966	$ 3,192,000	$ 1,485,120	Tmac Co Ltd
Loandepotcom Llc	4513 Munger Ave, Dallas, TX 75204	02/24/2025	$ 376,000	42,353	2023	8,538	$ 5,325,660	$ 2,964,710

Mean$ 13,003,850

Median$ 1,650,000.0

Loan Amount Range$ 50,000 - $ 93,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
3501 ROSS AVE, DALLAS, TX 75204-5449	OLYMPUS AT ROSS	2148213370	OPERATORS OF APARTMENT BUILDINGS
3501 ROSS AVE APT 2011, DALLAS, TX 75204-5436	HOFFORD DIGITAL LLC	8432965865	NONCLASSIFIED ESTABLISHMENTS
3501 ROSS AVE, DALLAS, TX 75204-5449	CORP/MAPLE ROSS ARTS OWNER LP	2148213370	MUSEUMS
3501 ROSS AVE, DALLAS, TX 75204-5449	OLYMPUS AT ROSS LUXURY APT	2148213370	APARTMENTS
3501 ROSS AVE, DALLAS, TX 75204-5449	PHOTO BOOTH RENTAL IN DALLAS	4694580174	Photographic Studios, Portrait
3501 ROSS AVE APT 2044, DALLAS, TX 75204-5442	DELTA RIVER RESOURCES	5049193004	NONCLASSIFIED ESTABLISHMENTS

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License Details

License Number

32092303588

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

11/7/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	DIVINE EMPORIUM LLC
	Address Line	5900 balcones dr ste 100
	City / State / Zip	austin TX 78731
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	78731
Registration Details	SOS Code

License Timeline

License Issued

11/7/2023

Currently Active

Status: -

Renewal Required

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