655 Promenade Pky, Irving, TX 75039 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2015Total Assessed Value $72,500,000County Dallas

Property Details

The Apartments property 655 Promenade Pky, 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 $72,500,000.

The gross building area is 420,458 square feet and the land area is 213,923 square feet for this Apartment Garden (1 - 4 stories) built in 2015.

Legal description: Riverside Multifamily Blk A Lt 1 Acs 4.911 Int201800314325 Dd11292018 Co-Dc 6271600A00100 1Ci6271600A

$72,500,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,387

Avg Rent

Property Image of 655 Promenade Pky, Irving, TX 75039, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area420,458

Land Size213,923

Land Value$5,348,080

Improved Value$67,151,920

Total Assessed Value$72,500,000

Year Built2015

County NameDallas

Account Number326271600A0010000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningNone

FireplaceFireplace - Wood Burning

Parking Space1347

HeatingNone

Type ConstructionFrame

No of Stories5

Garage TypeParking Garage

Basement3

Bedrooms25

Bathrooms25

PatioAvailable

Wood DeckAvailable

Access Gates1

Business Center1

9ft Ceilings1

Walk-in Closets1

Emergency Maintenance1

Guest Suites1

Self Clean Ovens1

Number of Units371

Sales History

9/1/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

9/1/2021

Transaction Details

acquired the property from through a Other transaction on 9/1/2021 for .

10/24/2020

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

10/24/2020

Transaction Details

acquired the property from through a Other transaction on 10/24/2020 for .

11/29/2018

Arms-length$6,012,500

Buyer

Promenade Tx Partners Llc

Seller

Jefferson Riverside Lp

Book Number

201800314325

Recording Date

11/29/2018

Transaction Details

Promenade Tx Partners Llc acquired the property from Jefferson Riverside Lp through a Arms-length transaction on 11/29/2018 for $6,012,500.

3/13/2018

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

3/13/2018

Transaction Details

acquired the property from through a Other transaction on 3/13/2018 for .

Property constructed in 2015

YSale Price (USD) byXSales Year

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Mortgage History

3/5/2020

Helocs both purchase money and non purchase money helocs$46,000,000

Borrower

Promenade Tx Partners Llc

Lender

Hsbc Bank Usa

Book Number

2020.66211

Recording Date

3/5/2020

Transaction Details

Promenade Tx Partners Llc borrowed the property from Hsbc Bank Usa through a Helocs both purchase money and non purchase money helocs transaction on 3/5/2020 for $46,000,000.

5/10/2019

Arms length residential transactions purchase or resales$45,500,000

Borrower

Promenade Tx Partners Llc

Lender

W&d Interim Lender Llc

Book Number

2019.120277

Recording Date

5/10/2019

Transaction Details

Promenade Tx Partners Llc borrowed the property from W&d Interim Lender Llc through a Arms length residential transactions purchase or resales transaction on 5/10/2019 for $45,500,000.

11/29/2018

Helocs both purchase money and non purchase money helocs$4,810,000

Borrower

Promenade Tx Partners Llc

Lender

W&d Interim Lender Llc

Book Number

2018.314329

Recording Date

11/29/2018

Transaction Details

Promenade Tx Partners Llc borrowed the property from W&d Interim Lender Llc through a Helocs both purchase money and non purchase money helocs transaction on 11/29/2018 for $4,810,000.

6/30/2015

Reo and trustee deeds$38,060,000

Borrower

Jefferson Riverside Lp

Lender

Fifth Third Bank

Book Number

2015.172159

Recording Date

6/30/2015

Transaction Details

Jefferson Riverside Lp borrowed the property from Fifth Third Bank through a Reo and trustee deeds transaction on 6/30/2015 for $38,060,000.

Property constructed in 2015

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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	$5,348,080	$76,271,920	$81,620,000	$81,620,000	Crprpm Las Colinas O...	5508 Parkcrest Dr 32...	Riverside Multifamil...	1ISC06	-	213,923	420,458
2025	$5,348,080	$67,151,920	$72,500,000	$72,500,000	Promenade Tx Partner...	3424 Peachtree Rd Ne...	Riverside Multifamil...	1ISC06	Riverside Multifamil...	213,923	420,458
2024	$6,417,690	$66,582,310	$73,000,000	$73,000,000	Promenade Tx Partner...	3424 Peachtree Rd Ne...	Riverside Multifamil...	1Isc06	RIVERSIDE MULTIFAMIL...	213,923	420,458
2023	$5,348,080	$67,651,920	$73,000,000	$73,000,000	Promenade Tx Partner...	Ste 300, 3424 Peacht...	Riverside Multifamil...	1ISC06	RIVERSIDE MULTIFAMIL...	213,923	420,458
2022	$4,278,460	$55,721,540	$60,000,000	$60,000,000	Promenade Tx Partner...	Ste 300, 3424 Peacht...	Riverside Multifamil...	1ISC06	-	213,923	420,458
2021	$4,278,460	$51,971,540	$56,250,000	$56,250,000	Promenade Tx Partner...	Ste 300, 3424 Peacht...	Riverside Multifamil...	1ISC06	RIVERSIDE MULTIFAMIL...	213,923	420,458
2020	$4,278,460	$51,221,540	$55,500,000	$55,500,000	Promenade Tx Partner...	Ste 300, 3424 Peacht...	Riverside Multifamil...	1ISC06	-	213,923	420,458
2019	$4,278,460	$54,221,540	$58,500,000	$58,500,000	Promenade Tx Partner...	Ste 300, 3424 Peacht...	Riverside Multifamil...	1ISC06	RIVERSIDE MULTIFAMIL...	213,923	420,458
2018	$3,850,610	$46,414,980	$50,265,590	$50,265,590	Jefferson Riverside ...	Attn: Kirk Motsenboc...	Riverside Multifamil...	1ISC06	RIVERSIDE MULTIFAMIL...	213,923	420,458
2017	$3,208,850	$29,799,100	$33,007,950	$33,007,950	Jefferson Riverside ...	Attn: Kirk Motsenboc...	Riverside Multifamil...	1ISC06	RIVERSIDE MULTIFAMIL...	213,923	420,458

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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 ↕
655 Promenade Pky, Irving, TX 75039	326271600A0010000	Apartments	Apartment Garden (1 - 4 stories)	Promenade Tx Partners Llc	Dallas	-	$ 6,012,500	2018-11-29	$ 14.30	2015	420,458	371
555 Promenade Pkwy, Irving, TX 75039	322422200A0010000	Apartments	Apartment Garden (1 - 4 stories)	Jdfw Ii Llc	Dallas	0.1	$ 156,940,000	2025-11-25	$ 342.12	2018	458,730	387
6411 Tranquilo, Irving, TX 75039	320056400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Pure La Villita Apts Llc	Dallas	1.6	$ 59,185,000	2025-09-12	$ 222.55	2006	265,944	306
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	0.6	$ 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	0.6	$ 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	0.2	$ 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	4.8	$ 42,301,980	2025-06-17	$ 156.48	2023	270,329	236
101 Cimarron Trl, Irving, TX 75063	322737600A0010000	Apartments	Apartment Garden (1 - 4 stories)	Camden Operating Lp	Dallas	4.1	$ 42,932,400	2025-07-01	$ 147.00	1992	292,049	286
11900 Commerce St, Farmers Branch, TX 75234	99220428900000000	Apartments	Apartment Garden (1 - 4 stories)	Kre Wren Owner Llc	Dallas	2.8	$ 95,760,000	2024-06-11	$ 230.84	2022	414,835	379
1415 S Broadway St, Carrollton, TX 75006	140005000R02R0000	Apartments	Apartment Garden (1 - 4 stories)	Crprpm Lyv Broadway Owner Lp	Dallas	5.5	$ 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	5.7	$ 68,495,000	2024-10-08	$ 212.89	2018	321,732	352

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	655 Promenade Pky, Irving, TX 75039	—	-	213,923	2015	420,458	$ 72,500,000	$ 5,348,080	-
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
Pgim Re Agency Financing Llc	5015 Courtside Dr, Irving, TX 75038	05/21/2025	$ 3,100,000	217,800	1982	104,875	$ 16,500,000	$ 871,200	Broadmoor Villa Inc
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
Britain Shopping Center Llc	1900 Shoaf Dr, Irving, TX 75061	04/14/2025	$ 800,000	224,277	1963	101,923	$ 11,200,000	$ 672,830	Desi Center Inc
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
Firstcitizens Bank & Trust Co	8605 N Macarthur Blvd, Irving, TX 75063	01/22/2025	$ 30,500,000	487,293	1998	213,614	$ 43,500,000	$ 4,872,930

Mean$ 33,317,492

Median$ 27,545,000.0

Loan Amount Range$ 380,000 - $ 128,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32093493404

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/30/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	CHARMANDCOURAGE, LLC
	Address Line	655 promenade apt 4033
	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

1/30/2024

Currently Active

Status: -

Renewal Required

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