909 S Main St, Grapevine, TX 76051 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2006Total Assessed Value $82,000,000County Tarrant

Property Details

The Apartments property 909 S Main St, Grapevine, TX 76051 is located in Tarrant 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 360,898 square feet and the land area is 240,047 square feet for this Apartment Garden (1 - 4 stories) built in 2006.

Legal description: Hasten Addition-Grapevine Block 1 Lot 1

$82,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,232

Avg Rent

Property Image of 909 S Main St, Grapevine, TX 76051, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area360,898

Land Size240,047

Land Value$840,164

Improved Value$81,159,836

Total Assessed Value$82,000,000

Year Built2006

County NameTarrant

Account Number41432681

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Type ConstructionOther

No of Stories2

Garage TypeCovered Parking/Carport,Parking Garage

Bedrooms20

Bathrooms21

PatioAvailable

Access Gates1

Jogging Trail1

Vaulted Ceilings1

Walk-in Closets1

Number of Units251

Sales History

10/16/2014

Arms-lengthNot Disclosed

Buyer

925 Main Lp

Seller

I&g Grapevine Llc

Book Number

D214227172

Recording Date

10/16/2014

Transaction Details

925 Main Lp acquired the property from I&g Grapevine Llc through a Arms-length transaction on 10/16/2014 for .

10/16/2014

Arms-lengthNot Disclosed

Buyer

925 Main Lp

Seller

I & G Grapevine Llc

Book Number

D214227172

Recording Date

10/16/2014

Transaction Details

925 Main Lp acquired the property from I & G Grapevine Llc through a Arms-length transaction on 10/16/2014 for .

8/31/2010

Arms-lengthNot Disclosed

Buyer

I & G Grapevine Llc

Seller

Fairfield Gv Main Lp

Book Number

D210213370

Recording Date

8/31/2010

Transaction Details

I & G Grapevine Llc acquired the property from Fairfield Gv Main Lp through a Arms-length transaction on 8/31/2010 for .

8/31/2010

Arms-lengthNot Disclosed

Buyer

I & G Grapevine Llc

Seller

Fairfield Gv Main Lp

Book Number

D210213370

Recording Date

8/31/2010

Transaction Details

I & G Grapevine Llc acquired the property from Fairfield Gv Main Lp through a Arms-length transaction on 8/31/2010 for .

Property constructed in 2006

YSale Price (USD) byXSales Year

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Mortgage History

12/1/2022

Arms length residential transactions purchase or resales$61,863,700

Borrower

925 Main Lp

Lender

Dwight Capital Llc

Book Number

2022.279243

Recording Date

12/1/2022

Transaction Details

925 Main Lp borrowed the property from Dwight Capital Llc through a Arms length residential transactions purchase or resales transaction on 12/1/2022 for $61,863,700.

10/16/2014

Sale$43,650,000

Borrower

925 Main Lp

Lender

Book Number

Recording Date

10/16/2014

Transaction Details

925 Main Lp borrowed the property from through a transaction on 10/16/2014 for $43,650,000.

11/5/2010

Arms length residential transactions purchase or resales$24,200,000

Borrower

I&g Grapevine Llc

Lender

Berkadia Commercial Mortgage Llc

Book Number

2010.286576

Recording Date

11/5/2010

Transaction Details

I&g Grapevine Llc borrowed the property from Berkadia Commercial Mortgage Llc through a Arms length residential transactions purchase or resales transaction on 11/5/2010 for $24,200,000.

Property constructed in 2006

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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	$840,164	$93,482,964	$94,323,128	$94,323,128	925 Main Lp	123 W Main St 300	Hasten Addition-Grap...	Aptgrpvnsl	0	240,047	360,898
2025	$840,164	$81,159,836	$82,000,000	$82,000,000	925 Main, Lp	123 W Main St 300	Hasten Addition-Grap...	Apt-Grapevine/Southlake	Apt-Grapevine/Southl...	240,047	360,898
2024	$840,164	$80,359,836	$81,200,000	$81,200,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	Apt-Grapevine/Southl...	240,047	360,898
2023	$840,164	$69,159,836	$70,000,000	$70,000,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapevine/Southlake	Apt-Grapevine/Southl...	240,047	360,898
2022	$840,164	$66,409,836	$67,250,000	$67,250,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	Apt-Grapev	240,047	360,898
2021	$840,164	$61,159,836	$62,000,000	$62,000,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	APT-Grapev	240,047	360,898
2020	$840,164	$61,159,836	$62,000,000	$62,000,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	APT-Grapev	240,047	360,898
2019	$840,164	$61,159,836	$62,000,000	$62,000,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	APT-Grapev	240,047	360,898
2018	$840,164	$58,159,836	$59,000,000	$59,000,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	APT-Grapev	240,047	360,898
2017	$840,164	$54,359,836	$55,200,000	$55,200,000	925 Main, Lp	123 W Main St #300	Hasten Addition-Grap...	APT-Grapev	APT-Grapev	240,047	360,898

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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 ↕
909 S Main St, Grapevine, TX 76051	41432681	Apartments	Apartment Garden (1 - 4 stories)	925 Main, Lp	Tarrant	-	-	-	-	2006	360,898	251
2149 Anderson Gibson Rd, Grapevine, TX 76051	42613955	Apartments	Apartment Garden (1 - 4 stories)	Enclave Carter Lp	Tarrant	2.8	$ 57,855,000	2025-05-28	$ 145.39	2021	397,935	276
2800 Brazos Blvd, Euless, TX 76034	41563670	Apartments	Apartment Garden (1 - 4 stories)	1045 Edge Llc	Tarrant	4.1	$ 101,080,000	2025-08-28	$ 161.82	2012	624,642	417
2525 State Hwy 360, Euless, TX 76039	40034755	Apartments	Apartment Garden (1 - 4 stories)	Gep Xi Harlowe Lp	Tarrant	4.2	$ 113,100,000	2024-12-19	$ 338.87	2000	333,755	486
2311 W Grapevine Mills Pkwy, Grapevine, TX 76051	42053003	Apartments	Apartment Garden (1 - 4 stories)	2311 Grapevine Property Owner	Tarrant	2.9	$ 63,350,000	2024-07-11	$ 240.77	2013	263,119	243
3720 Post Oak Blvd, Fort Worth, TX 76040	04971493	Apartments	Apartment Garden (1 - 4 stories)	Edouch Community Housing Finan	Tarrant	7.9	$ 46,419,400	2025-02-07	$ 220.20	1983	210,801	267
9921 W Valley Ranch Pkwy, Irving, TX 75063	320864600A03R0000	Apartments	Apartment Garden (1 - 4 stories)	Criterion International	Dallas	7.3	$ 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	7.7	$ 42,932,400	2025-07-01	$ 147.00	1992	292,049	286
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	9.7	$ 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	9.7	$ 73,482,500	2024-12-19	$ 197.13	2016	372,753	422
555 Promenade Pkwy, Irving, TX 75039	322422200A0010000	Apartments	Apartment Garden (1 - 4 stories)	Jdfw Ii Llc	Dallas	9.1	$ 156,940,000	2025-11-25	$ 342.12	2018	458,730	387

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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 ↕
—	909 S Main St, Grapevine, TX 76051	—	-	240,047	2006	360,898	$ 82,000,000	$ 840,164	-
Cbre Capital Markets Inc	2805 Mustang Dr, Grapevine, TX 76051	07/25/2025	$ 4,174,000	55,200	1973	28,620	$ 6,752,185	$ 193,200	Ridgecrest Grapevine Llc
Euless 750 Multifamily Kcd Llc	750 Mid Cities Blvd E, Euless, TX 76039	07/16/2025	$ 40,000,000	625,609	1986	236,945	$ 48,251,608	$ 1,564,022	Fountain Wood Apts Llc
Ubs Bank Usa	218 E Dallas Rd, Grapevine, TX 76051	06/19/2025	$ 800,000	31,168	2023	30,975	$ 1,662,732	$ 405,184	Hanchin Living Trust
Ubs Bank Usa	218 E Dallas Rd, Grapevine, TX 76051	06/19/2025	$ 800,000	31,168	2023	30,975	$ 1,662,732	$ 405,184	Hanchin Living Trust
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
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
Pacific Premier Bank	1501 Cedar Elm Dr Apt101, Euless, TX 76039	04/29/2025	$ 1,200,000	29,185	1995	10,200	$ 2,002,872	$ 101,524	Nirlax Property Investments Llc
Walker & Dunlop Llc	1001 Amherst Dr, Bedford, TX 76021	04/18/2025	$ 19,939,000	299,520	1986	144,134	$ 24,261,180	$ 1,048,320	2015 Amherst Lp
Walker & Dunlop Llc	3409 Amherst Cir, Bedford, TX 76021	04/18/2025	$ 19,939,000	121,625	1986	49,346	$ 7,815,000	$ 425,688	2015 Amherst 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

Mean$ 42,100,509

Median$ 21,575,000.0

Loan Amount Range$ 28,761 - $ 417,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

Exempt- 32080028940

Agriculture & Timber Permit

Issued By

Agriculture_and_Timber_Exempti

State Authority

Issue Date

12/22/2023

Original Issuance

Expire Date

12/31/2027

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	GARRETT ANDREW PURDY
	Address Line
	City / State / Zip
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48439
Government Codes	Census Tract	-
Postal Information	ZIP Status Code
Registration Details	SOS Code

License Timeline

License Issued

12/22/2023

Currently Active

Status: -

Renewal Required

12/31/2027

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