1050 Galatyn Pkwy, Richardson, TX 75082 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2016Total Assessed Value $85,858,960County Dallas

Property Details

The Apartments property 1050 Galatyn Pkwy, Richardson, TX 75082 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $85,858,960.

The gross building area is 642,442 square feet and the land area is 233,482 square feet for this Apartment Garden (1 - 4 stories) built in 2016.

Legal description: Galatyn Urban Center Blk C Lt 1 Acs 5.360 Int201900170460 Dd07022019 Co-Dc 0746700C00100 2Cr0746700C

$85,858,960

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$5,724

Avg Rent

Property Image of 1050 Galatyn Pkwy, Richardson, TX 75082, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area642,442

Land Size233,482

Land Value$4,669,640

Improved Value$81,189,320

Total Assessed Value$85,858,960

Year Built2016

County NameDallas

Account Number420746700C0010000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionFrame

No of Stories4

Garage TypeCovered Parking/Carport

BasementNo basement

Bedrooms15

Bathrooms14

PatioAvailable

Storage RoomAvailable

Access Gates1

Jogging Trail1

Business Center1

Vaulted Ceilings1

Walk-in Closets1

School Bus Pickup1

Granite Countertops1

Steel Appliances1

Number of Units379

Elevator

Exterior WallsBrick

Sales History

7/2/2019

Arms-lengthNot Disclosed

Buyer

Bel Galatyn Limited Partnership

Seller

Jefferson Glenville Llc

Book Number

2019.170460

Recording Date

7/2/2019

Transaction Details

Bel Galatyn Limited Partnership acquired the property from Jefferson Glenville Llc through a Arms-length transaction on 7/2/2019 for .

Property constructed in 2016

YSale Price (USD) byXSales Year

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Mortgage History

8/22/2019

Reo and trustee deeds$46,700,000

Borrower

Bel Galatyn Lp

Lender

Berkeley Point Capital Llc

Book Number

2019.222332

Recording Date

8/22/2019

Transaction Details

Bel Galatyn Lp borrowed the property from Berkeley Point Capital Llc through a Reo and trustee deeds transaction on 8/22/2019 for $46,700,000.

2/14/2018

Helocs both purchase money and non purchase money helocs$49,000,000

Borrower

Jefferson Glenville Llc

Lender

Cibc Inc

Book Number

2018.41199

Recording Date

2/14/2018

Transaction Details

Jefferson Glenville Llc borrowed the property from Cibc Inc through a Helocs both purchase money and non purchase money helocs transaction on 2/14/2018 for $49,000,000.

2/15/2018

Sale$49,000,000

Borrower

Lender

Book Number

Recording Date

2/15/2018

Transaction Details

borrowed the property from through a transaction on 2/15/2018 for $49,000,000.

Property constructed in 2016

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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	$4,669,640	$86,830,360	$91,500,000	$91,500,000	Bel Galatyn Limited,...	1 Post Office Sq	Galatyn Urban Center...	3RSA03	-	233,482	642,442
2025	$4,669,640	$78,330,360	$83,000,000	$83,000,000	Bel Galatyn Limited	Partnership 1 Post O...	Galatyn Urban Center...	3RSA03	Galatyn Urban Center	233,482	642,442
2024	$4,669,640	$80,330,360	$85,000,000	$85,000,000	Bel Galatyn Limited	Partnership 1 Post O...	Galatyn Urban Center...	3Rsa03	GALATYN URBAN CENTER	233,482	642,442
2023	$4,669,640	$73,330,360	$78,000,000	$78,000,000	Bel Galatyn Limited	Partnership 2 Intern...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER	233,482	642,442
2022	$4,669,640	$64,230,360	$68,900,000	$68,900,000	Bel Galatyn Limited ...	2 International Pl	Galatyn Urban Center...	3RSA03	-	233,482	642,442
2021	$4,669,640	$60,995,360	$65,665,000	$65,665,000	Bel Galatyn Limited	Partnership, 2 Inter...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER	233,482	642,442
2020	$4,669,640	$61,140,360	$65,810,000	$65,810,000	Bel Galatyn Limited	Partnership, 2 Inter...	Galatyn Urban Center...	3RSA03	-	233,482	642,442
2019	$4,669,640	$49,421,830	$54,091,470	$54,091,470	Jefferson Glenville ...	Ste 1800, 600 E Las ...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER	233,482	642,442
2018	$1,751,120	$42,601,540	$44,352,660	$44,352,660	Jefferson Glenville ...	Ste 1800, 600 E Las ...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER	233,482	642,442
2017	$1,751,120	$21,053,160	$22,804,280	$22,804,280	Jefferson Glenville ...	Ste 1800, 600 E Las ...	Galatyn Urban Center...	3RSA03	GALATYN URBAN CENTER	233,482	642,442

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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 ↕
1050 Galatyn Pkwy, Richardson, TX 75082	420746700C0010000	Apartments	Apartment Garden (1 - 4 stories)	Bel Galatyn Limited	Dallas	-	-	-	-	2016	642,442	379
355 Vistaglen Dr Unit255, Plano, TX 75074	2672946	Apartments	Apartment Garden (1 - 4 stories)	Bell Valueadd Fund Viii Gateway Lp	Collin	2.5	$ 158,895,100	2024-06-20	$ 463.69	2016	342,673	255
3700 Mapleshade Ln Unit 300 Unit300, Plano, TX 75075	2560139	Apartments	Apartment Garden (1 - 4 stories)	Bes Axis Plano Fund Xi Llc & Bes Axis Plano Fund Xii Llc &	Collin	3.5	$ 57,190,000	2025-09-03	$ 167.81	2014	340,812	300
2351 Plaza Blvd, Richardson, TX 75082	420746700A07C0000	Apartments	Apartment Garden (1 - 4 stories)	Bmf Iv Lp Galatyn Station Llc	Dallas	0.2	$ 69,378,120	2025-08-27	$ 185.30	2024	374,414	361
7900 Churchill Way, Dallas, TX 75251	007731000A0020000	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance	Dallas	5.8	$ 64,884,050	2025-02-24	$ 163.52	1998	396,806	308
701 Legacy Dr Unit346, Plano, TX 75023	2058069	Apartments	Apartment Garden (1 - 4 stories)	701 Legacy Drive Llc &	Collin	6.1	$ 44,688,000	2025-09-29	$ 131.26	1996	340,451	346
6300 Windcrest Dr Unit380, Plano, TX 75024	2058512	Apartments	Apartment Garden (1 - 4 stories)	Key Creekside Llc	Collin	7.7	$ 87,279,920	2024-09-26	$ 227.99	1996	382,817	380
8240 Meadow Rd, Dallas, TX 75231	005213000E0010000	Apartments	Apartment Garden (1 - 4 stories)	Wp Midtown Mf Dfw Owner Llc &	Dallas	7.4	$ 51,657,200	2025-04-15	$ 118.48	2016	436,012	422
19002 Dallas Pkwy Unit376, Dallas, TX 75287	2011738	Apartments	Apartment Garden (1 - 4 stories)	Fbrt Haverwood Owner, Llc	Collin	7.3	$ 75,145,000	2025-02-12	$ 220.06	1994	341,480	376
6550 Shady Brook Ln, Dallas, TX 75206	005413000A02A0000	Apartments	Apartment Garden (1 - 4 stories)	Pcv Dakota Llc	Dallas	8.9	$ 81,795,000	2024-12-20	$ 121.27	2006	674,474	496
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	13.2	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381

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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 ↕
—	1050 Galatyn Pkwy, Richardson, TX 75082	—	-	233,482	2016	642,442	$ 85,858,960	$ 4,669,640	-
Rocket Mortgage Llc	1857 Bluestem Ln, Plano, TX 75075	06/02/2025	$ 512,173	1,917	2023	2,009	$ 489,469	$ 109,250
Provident Fund Assoc Lp	1855 Bluestem Ln, Plano, TX 75075	04/28/2025	$ 350,000	1,525	2023	1,728	$ 454,778	$ 109,250
Highlands Resid Mortgage Ltd	1852 Sacaton Trl, Plano, TX 75075	03/26/2025	$ 241,000	1,525	2024	1,728	$ 361,935	$ 89,700
Goldman Sachs Bank Usa	900 E Lookout Dr, Richardson, TX 75082	10/07/2024	$ 985,000,000	38,155	2000	176,900	$ 18,000,000	$ 763,100	Jdhq Hotels Llc
Colliers Mortgage Llc	4622 N Jupiter Rd, Garland, TX 75044	09/30/2024	$ 20,511,000	467,072	1983	162,456	$ 32,873,730	$ 2,802,430	Ts Asset Nova Llc
Bhome Mortgage Llc	616 Friendswood Dr, Plano, TX 75075	09/27/2024	$ 195,000	1,917	2023	2,009	$ 519,807	$ 115,000
Principal Life Insurance Co	1250 Hunt St Unit299, Richardson, TX 75082	09/25/2024	$ 30,000,000	134,078	2015	355,408	$ 74,000,000	$ 5,094,952	Imp Cityline Llc
Bhome Mortgage Llc	620 Friendswood Dr, Plano, TX 75075	09/16/2024	$ 245,000	1,525	2023	1,539	$ 452,232	$ 115,000
Secretaryhousing & Urban Dev	621 Friendswood Dr, Plano, TX 75075	09/11/2024	$ 18,017	1,525	2023	1,763	$ 470,464	$ 115,000
Sage Home Loans Corporation Ak	1865 Bluestem Ln, Plano, TX 75075	08/12/2024	$ 335,993	2,004	2023	2,009	$ 514,057	$ 109,250

Mean$ 54,324,334

Median$ 401,996.0

Loan Amount Range$ 18,017 - $ 985,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1050 GALATYN PKWY, RICHARDSON, TX 75082-4378	JEFFERSON GLENVILLE LP	9724379902	NONCLASSIFIED ESTABLISHMENTS
1050 GALATYN PKWY, RICHARDSON, TX 75082-4378	JEFFERSON GALATYN PARK	9723749760	OPERATORS OF APARTMENT BUILDINGS

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License Details

License Number

32093538992

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

2/1/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SIDOCOMMS LLC
	Address Line	1050 galatyn pkwy apt 4049
	City / State / Zip	richardson TX 75082
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	75082
Registration Details	SOS Code	A

License Timeline

License Issued

2/1/2024

Currently Active

Status: -

Renewal Required

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