5301 N Macarthur Blvd, Irving, TX 75038 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 1987Total Assessed Value $82,000,000County Dallas

Property Details

The Apartments property 5301 N Macarthur Blvd, Irving, TX 75038 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $82,000,000.

The gross building area is 359,606 square feet and the land area is 765,000 square feet for this Apartment Garden (1 - 4 stories) built in 1987.

Legal description: Las Colinas Sec 8 6Th Inst Blk A Lot 7 Acs 17.562 Int201200204999 Dd02032012 Co-Dc 2591200A00700 1Ci2591200A

$82,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,499

Avg Rent

Property Image of 5301 N Macarthur Blvd, Irving, TX 75038, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area359,606

Land Size765,000

Land Value$7,688,250

Improved Value$74,311,750

Total Assessed Value$82,000,000

Year Built1987

County NameDallas

Account Number322591200A0070000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

FireplaceFireplace - Wood Burning

HeatingCentral

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Roof TypeGable

Type ConstructionFrame

No of Stories3

Garage TypeCovered Parking/Carport,Detached Garages

Bedrooms10

Bathrooms10

PatioAvailable

Access Gates1

Jogging Trail1

Personal Trainer1

Business Center1

Valet Trash1

9ft Ceilings1

Vaulted Ceilings1

Outside Storage1

Walk-in Closets1

Perimeter Fence1

School Bus Pickup1

Park Ride Nearby1

Emergency Maintenance1

Self Clean Ovens1

Trash Pickup1

Number of Units410

Exterior WallsBrick

Sales History

7/17/2012

Arms-length$49,650,000

Buyer

Udf Paramount Jr Llc

Seller

Jefferson Ridge Apartments Lp

Book Number

201200204999

Recording Date

7/17/2012

Transaction Details

Udf Paramount Jr Llc acquired the property from Jefferson Ridge Apartments Lp through a Arms-length transaction on 7/17/2012 for $49,650,000.

6/17/2005

Other$28,242,500

Buyer

Seller

Book Number

Recording Date

6/17/2005

Transaction Details

acquired the property from through a Other transaction on 6/17/2005 for $28,242,500.

Property constructed in 1987

YSale Price (USD) byXSales Year

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Mortgage History

1/11/2023

Arms length residential transactions purchase or resales$45,736,500

Borrower

Paramount Jr Llc

Lender

Dwight Capital Llc

Book Number

2023.15473

Recording Date

1/11/2023

Transaction Details

Paramount Jr Llc borrowed the property from Dwight Capital Llc through a Arms length residential transactions purchase or resales transaction on 1/11/2023 for $45,736,500.

7/1/2014

Sale$32,550,000

Borrower

Paramount Investments

Lender

Book Number

Recording Date

7/1/2014

Transaction Details

Paramount Investments borrowed the property from through a transaction on 7/1/2014 for $32,550,000.

Property constructed in 1987

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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) ↕
2025	$7,688,250	$50,811,750	$58,500,000	$58,500,000	Paramount Jr Llc	Jennifer Mahon 925 S...	Las Colinas Sec 8 6T...	1ISB05	Las Colinas Sec 6Th	765,000	359,606
2024	$7,688,250	$62,475,660	$70,163,910	$70,163,910	Paramount Jr Llc	925 S Main St	Las Colinas Sec 8 6T...	1ISB05	LAS COLINAS SEC 6TH	765,000	359,606
2023	$7,688,250	$46,311,750	$54,000,000	$54,000,000	Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	LAS COLINAS SEC 6TH	765,000	359,606
2022	$7,688,250	$43,811,750	$51,500,000	$51,500,000	Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	-	765,000	359,606
2021	$7,688,250	$39,111,750	$46,800,000	$46,800,000	Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	LAS COLINAS SEC 6TH	765,000	359,606
2020	$7,688,250	$35,811,750	$43,500,000	$43,500,000	Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	-	765,000	359,606
2019	$7,688,250	$32,311,750	$40,000,000	$40,000,000	Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	LAS COLINAS SEC 6TH	765,000	359,606
2018	$7,688,250	$30,411,750	$38,100,000	$38,100,000	Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	LAS COLINAS SEC 8 6T...	765,000	359,606
2017	$7,688,250	$25,811,750	$33,500,000	$33,500,000	Udf Paramount Jr Llc	% Michael B Franklin...	Las Colinas Sec 8 6T...	1ISB05	LAS COLINAS SEC 8 6T...	765,000	359,606
2016	$7,688,250	$23,261,750	$30,950,000	$30,950,000	Udf Paramount Jr Llc	% Michael B Franklin...	LAS COLINAS SEC 8 6T...	1ISB05	LAS COLINAS SEC 8 6T...	765,000	359,606

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Showing 1 to 10 of 17 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 ↕
5301 N Macarthur Blvd, Irving, TX 75038	322591200A0070000	Apartments	Apartment Garden (1 - 4 stories)	Paramount Jr Llc	Dallas	-	$ 49,650,000	2012-07-17	$ 138.07	1987	359,606	410
6411 Tranquilo, Irving, TX 75039	320056400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Pure La Villita Apts Llc	Dallas	2.0	$ 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	2.3	$ 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	2.3	$ 73,482,500	2024-12-19	$ 197.13	2016	372,753	422
101 Cimarron Trl, Irving, TX 75063	322737600A0010000	Apartments	Apartment Garden (1 - 4 stories)	Camden Operating Lp	Dallas	3.8	$ 42,932,400	2025-07-01	$ 147.00	1992	292,049	286
2877 W Walnut Hill Ln, Irving, TX 75038	32086200000010000	Apartments	Apartment Garden (1 - 4 stories)	Lsc Grand Riviera Owner Llc &	Dallas	1.5	$ 25,935,000	2024-07-23	$ 105.01	1972	246,986	206
3800 Portland St, Irving, TX 75038	32359500420000000	Apartments	Apartment Garden (1 - 4 stories)	3800 Portland Llc &	Dallas	2.8	$ 28,764,000	2024-08-09	$ 145.70	1971	197,425	212
3720 Post Oak Blvd, Fort Worth, TX 76040	04971493	Apartments	Apartment Garden (1 - 4 stories)	Edouch Community Housing Finan	Tarrant	7.7	$ 46,419,400	2025-02-07	$ 220.20	1983	210,801	267
2311 W Grapevine Mills Pkwy, Grapevine, TX 76051	42053003	Apartments	Apartment Garden (1 - 4 stories)	2311 Grapevine Property Owner	Tarrant	7.5	$ 63,350,000	2024-07-11	$ 240.77	2013	263,119	243
2525 State Hwy 360, Euless, TX 76039	40034755	Apartments	Apartment Garden (1 - 4 stories)	Gep Xi Harlowe Lp	Tarrant	6.2	$ 113,100,000	2024-12-19	$ 338.87	2000	333,755	486
5575 Harvest Hill Rd, Dallas, TX 75230	00000662174000000	Apartments	Apartment Garden (1 - 4 stories)	Asd Entro Property Owner Llc &	Dallas	9.3	$ 51,085,300	2024-06-27	$ 124.16	1969	411,436	404

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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 ↕
—	5301 N Macarthur Blvd, Irving, TX 75038	—	-	765,000	1987	359,606	$ 82,000,000	$ 7,688,250	-
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
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
Vmc Finance 2023pv1 Llc	4013 W Northgate Dr, Irving, TX 75062	04/14/2025	$ 54,750,000	508,885	1982	263,483	$ 43,680,000	$ 3,816,640	Eagle Crest Borrower 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
Jll Real Estate Capital Llc	701 Meadow Creek Dr, Irving, TX 75038	03/31/2025	$ 37,700,000	13,983	0	0	$ 201,355	$ 209,750	Montgomery Acquisition I Llc
Barclays Capital Re Inc	8801 Rodeo Dr, Irving, TX 75063	03/24/2025	$ 32,000,000	440,783	1986	174,548	$ 40,069,980	$ 2,644,700	Avalon 8801 Leasehold Llc

Mean$ 46,488,531

Median$ 31,375,500.0

Loan Amount Range$ 800,000 - $ 417,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5301 N MACARTHUR BLVD, IRVING, TX 75038-3199	JEFFERSON RIDGE APARTMENTS	9725180886	RESORTS
5301 N MACARTHUR BLVD, IRVING, TX 75038-3102	RESORT AT JEFFERSON RIDGE	9725180886	APARTMENTS
5301 N MACARTHUR BLVD, IRVING, TX 75038-3102	RESORT AT JEFFERSON RIDGE	9724573003	RESORTS
5301 N MACARTHUR BLVD, IRVING, TX 75038-3102	RESORT AT JEFFERSON RIDGE	9724573003	GIFT SHOPS
5301 N MACARTHUR BLVD, IRVING, TX 75038-3199	JEFFERSON RIDGE APARTMENTS	9725180886	GIFT SHOPS
5301 N MACARTHUR BLVD # 1010, IRVING, TX 75038-3102	GIRLY WESTERN CHICS	2144573002	NONCLASSIFIED ESTABLISHMENTS

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Tenant Industry Distribution

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License Details

License Number

32070964245

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

9/7/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BRANDI BLAKEMORE AND DESTINY M
	Address Line	14332 montfort dr apt 3408
	City / State / Zip	dallas TX 75254
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	75254
Registration Details	SOS Code

License Timeline

License Issued

9/7/2022

Currently Active

Status: -

Renewal Required

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