7777 Adelaide St, Frisco, TX 75034 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2017Total Assessed Value $77,997,033County Denton

Property Details

The Apartments property 7777 Adelaide St, Frisco, TX 75034 is located in Denton County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $77,997,033.

The gross building area is 332,361 square feet and the land area is 245,243 square feet for this Apartment Garden (1 - 4 stories) built in 2017.

Legal description: Grand Park Canal South Blk A Lot 3

$77,997,033

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,022

Avg Rent

Property Image of 7777 Adelaide St, Frisco, TX 75034, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area332,361

Land Size245,243

Land Value$1,961,942

Improved Value$76,035,091

Total Assessed Value$77,997,033

Year Built2017

County NameDenton

Account Number678793

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space470

HeatingCentral

PoolSwimming Pools

Type ConstructionOther

No of Stories3

Garage TypeCovered Parking/Carport,Detached Garages,Parking Garage

Bathrooms20

PatioAvailable

Storage RoomAvailable

Access Gates1

Vaulted Ceilings1

Walk-in Closets1

Number of Units325

Exterior WallsBrick veneer

Sales History

5/13/2025

Other$57,216,600

Buyer

Ca Maxwell Owner Llc

Seller

Hp Maxwell Lp

Book Number

2025.55805

Recording Date

5/13/2025

Transaction Details

Ca Maxwell Owner Llc acquired the property from Hp Maxwell Lp through a Other transaction on 5/13/2025 for $57,216,600.

1/14/2021

Arms-length$80,000,000

Buyer

Hp Maxwell Llc

Seller

Crp Slr Maxwell Owner Lp

Book Number

2021.7720

Recording Date

1/14/2021

Transaction Details

Hp Maxwell Llc acquired the property from Crp Slr Maxwell Owner Lp through a Arms-length transaction on 1/14/2021 for $80,000,000.

12/19/2019

Arms-length$56,250,000

Buyer

Crp Slr Maxwell Owner Lp

Seller

Slr Tcn Canals At Grand Park Ii Owner Lp

Book Number

2019-161706

Recording Date

12/19/2019

Transaction Details

Crp Slr Maxwell Owner Lp acquired the property from Slr Tcn Canals At Grand Park Ii Owner Lp through a Arms-length transaction on 12/19/2019 for $56,250,000.

Property constructed in 2017

YSale Price (USD) byXSales Year

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Mortgage History

5/13/2025

New construction residential transactions$43,020,000

Borrower

Ca Maxwell Owner Llc

Lender

Cbre Multifamily Capital Inc

Book Number

Recording Date

5/13/2025

Transaction Details

Ca Maxwell Owner Llc borrowed the property from Cbre Multifamily Capital Inc through a New construction residential transactions transaction on 5/13/2025 for $43,020,000.

1/14/2021

Sale$68,000,000

Borrower

Hp Maxwell Llc

Lender

Arbor Realty Sr Inc & 1200 Mearns Meadow Db Llc

Book Number

7721

Recording Date

1/14/2021

Transaction Details

Hp Maxwell Llc borrowed the property from Arbor Realty Sr Inc & 1200 Mearns Meadow Db Llc through a transaction on 1/14/2021 for $68,000,000.

12/19/2019

Helocs both purchase money and non purchase money helocs$45,000,000

Borrower

Crp Slr Maxwell Owner Lp

Lender

Invesco Cmi Investments Lp

Book Number

2019.161707

Recording Date

12/19/2019

Transaction Details

Crp Slr Maxwell Owner Lp borrowed the property from Invesco Cmi Investments Lp through a Helocs both purchase money and non purchase money helocs transaction on 12/19/2019 for $45,000,000.

Property constructed in 2017

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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	$2,942,914	$75,996,805	$78,939,719	$78,939,719	Ca Maxwell Owner Llc	8620 Spectrum Center...	Grand Park Canal Sou...	Mf01G01A4	Sf0357A	245,243	332,361
2025	$1,961,942	$67,038,058	$69,000,000	$69,000,000	Ca Maxwell Owner Llc	8620 Spectrum Center...	Grand Park Canal Sou...	MF01G01A1	Sf0357A	245,243	332,361
2024	$1,961,942	$79,138,058	$81,100,000	$81,100,000	Hp Maxwell Llc	C/o Hampshire Proper...	Grand Park Canal Sou...	Mf01A1S10	Sf0357A	245,243	326,348
2023	$1,961,942	$76,538,058	$78,500,000	$78,500,000	Hp Maxwell Llc	C/o Hampshire Proper...	Grand Park Canal Sou...	MF01A1S10	Sf0357A	245,243	326,348
2022	$1,961,942	$71,186,525	$73,148,467	$73,148,467	Hp Maxwell Llc	C/o Hampshire Proper...	Grand Park Canal Sou...	MF01A1S10	SF0357A	245,243	326,348
2021	$1,961,942	$56,929,278	$58,891,220	$58,891,220	Hp Maxwell Llc	2329 Nostrand Ave St...	Grand Park Canal Sou...	MF01A1S10	SF0357A	245,243	326,348
2020	$1,961,942	$55,652,689	$57,614,631	$57,614,631	Crp/slr Maxwell Owne...	2728 N Harwood St, 5...	Grand Park Canal Sou...	MF01A1S10	SF0357A	245,243	326,348
2019	$1,961,942	$41,936,024	$43,897,966	$43,897,966	Canals At Grand Park...	C/o Jenny Gillaspy, ...	Grand Park Canal Sou...	MF01A1S10	SF0357A	245,243	326,348
2018	$1,961,942	$24,147,471	$26,109,413	$26,109,413	Canals At Grand Park...	C/o Jenny Gillaspy, ...	Grand Park Canal Sou...	MF10G01A	SF0357A	245,243	326,348
2017	$1,961,942	-	$1,961,942	$1,961,942	Canals At Grand Park...	3120 Oak Lawn Ave St...	Grand Park Canal Sou...	-	SF0357A	245,243	-

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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 ↕
7777 Adelaide St, Frisco, TX 75034	678793	Apartments	Apartment Garden (1 - 4 stories)	Hp Maxwell Llc	Denton	-	$ 57,216,600	2025-05-13	$ 172.15	2017	332,361	325
3700 Legacy Dr Unit 320 Unit320, Frisco, TX 75034	2087227	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Legacy Drive Frisco Llc	Collin	2.4	$ 86,117,500	2025-08-25	$ 223.86	1999	384,698	320
5225 Town Country Blvd, Frisco, TX 75034	500870	Apartments	Apartment Garden (1 - 4 stories)	Nap Rovello Stonebriar Commons Lp	Denton	3.8	$ 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	3.9	$ 35,546,900	2025-10-28	$ 113.99	2016	311,855	216
4700 Tribeca Ln Unit240, Plano, TX 75024	2614632	Apartments	Apartment Garden (1 - 4 stories)	Kv Encore Apartments Llc	Collin	4.5	$ 54,184,200	2024-06-05	$ 276.36	2011	196,064	240
4689 Mustang Pkwy, Carrollton, TX 75010	633052	Apartments	Apartment Garden (1 - 4 stories)	Mustang Pkwy Mf Prop Llc	Denton	7.3	$ 61,180,000	2025-08-21	$ 197.38	2014	309,961	268
6300 Windcrest Dr Unit380, Plano, TX 75024	2058512	Apartments	Apartment Garden (1 - 4 stories)	Key Creekside Llc	Collin	6.4	$ 87,279,920	2024-09-26	$ 227.99	1996	382,817	380
2901 Lady Bettye Dr, Lake Dallas, TX 75065	995945	Apartments	Apartment Garden (1 - 4 stories)	Tapestry Ch Llc	Denton	6.9	$ 62,177,500	2025-06-26	$ 170.82	2023	364,000	-
16220 Phoebe Rd, Frisco, TX 75035	2807390	Apartments	Apartment Garden (1 - 4 stories)	Frisco Apartments Acquisitions I Llc &	Collin	6.6	$ 93,765,000	2024-07-09	$ 189.95	2021	493,621	-
3700 Preston Rd Unit302, Plano, TX 75093	1976049	Apartments	Apartment Garden (1 - 4 stories)	Simfa Lakeshore Fee Simple Llc	Collin	7.4	$ 54,983,530	2024-09-26	$ 212.30	1991	258,988	302
701 Legacy Dr Unit346, Plano, TX 75023	2058069	Apartments	Apartment Garden (1 - 4 stories)	701 Legacy Drive Llc &	Collin	9.9	$ 44,688,000	2025-09-29	$ 131.26	1996	340,451	346

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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 ↕
—	7777 Adelaide St, Frisco, TX 75034	—	-	245,243	2017	332,361	$ 77,997,033	$ 1,961,942	-
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	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	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 Unit191, Plano, TX 75024	08/29/2025	$ 116,000,000	898,469	1998	212,507	$ 27,709,648	$ 13,477,035
Mozaic Loan Acquisition Lp	5775 Blairview St Unit357, Frisco, TX 75034	07/29/2025	$ 57,500,000	162,087	2022	416,345	$ 72,531,363	$ 4,538,429	Tbeqr Remy Property Owner Lp
Metlife Re Lending Llc	4501 Samuels Way, Frisco, TX 75033	06/18/2025	$ 42,000,000	295,816	2022	371,010	$ 60,060,000	$ 3,549,792	-
Berkadia Commercial Mtg Llc	7450 Stonebrook Pkwy Unit202, Frisco, TX 75034	06/09/2025	$ 627,211	542,191	2006	188,557	$ 23,750,000	$ 5,421,913	Watermark Parkview Owner Llc
Cbre Multifamily Capital Inc	7777 Adelaide St, Frisco, TX 75034	05/13/2025	$ 43,020,000	245,243	2017	332,361	$ 69,000,000	$ 1,961,942	Ca Maxwell Owner Llc
Santander Bank Na	12255 Eldorado Pkwy, Frisco, TX 75035	12/17/2024	$ 51,741,000	613,020	2025	411,861	$ 9,195,298	$ 9,195,298	Brinkmann Ph3 Owner Lp
Greystone Funding Company Llc	6226 Frisco Square Blvd, Frisco, TX 75034	11/01/2024	$ 34,161,900	160,911	2019	308,203	$ 55,472,380	$ 4,505,498	Isaac Acquisition Llc

Mean$ 34,296,042

Median$ 3,151,499.0

Loan Amount Range$ 38,265 - $ 157,700,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32092069429

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/24/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	VARSITY UNITED
	Address Line	7777 adelaide st apt 1078
	City / State / Zip	frisco TX 75034
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48121
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75034
Registration Details	SOS Code

License Timeline

License Issued

10/24/2023

Currently Active

Status: -

Renewal Required

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