Dallas  »  75251  »  Hillcrest Forest

12500 Merit Drive, Dallas, TX 75251

Lacosta Villas, Hillcrest Forest, North Central Dallas, Northeast Dallas
Building in Hillcrest Forest
3 Stories
Built in 1997
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Welcome to 12500 Merit Drive, a building located in Lacosta Villas, Hillcrest Forest, North Central Dallas, Northeast Dallas in Dallas, TX. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1997. There are a total of 3 floors. Finally, 12500 Merit Drive was most recently sold on Jun 5, 2018 for $27,500,000. The market value for the land that the building sits on has been listed at $8,933,160. In addition, improvements upon the building have an added value of $37,816,840. In total, the total market value of the property as a whole is $46,750,000. According to local assessors, the total value of the building is currently valued at $46,750,000. Specifically, the value of the land that the property sits on has been assessed at $8,933,160. The building was last assessed in 2023. There is another building on the same land that 12500 Merit Drive was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Elevator
Fitness Center
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1997
Effective Year Built
1997
Building Count
2
Bedroom Count
0
Building Condition
Good
Building Quality
A
Construction Type
Wood
Building Style
unknown
Exterior Walls Type
Brick
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Composition shingle
Floor Count
3
Living Units
260
Business/Commerical Units Count
384
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Detached
Garage Square Area
24,816
Parking Space Count
78
Patio Type
unknown
Porch Type
unknown
Pool Type
Pool
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
LACOSTA VILLAS
Land Acres
6.836
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
LACOSTA VILLAS BLK A/7731 LT 1 ACS 6.8359 INT201800153911 DD06052018 CO-DC 7731 00A 00100 0DA7731 00A
Ownership
Current Owner
LA COSTA APARTMENT OWNER LLC
Current Owner's Name
LA COSTA APARTMENT OWNER LLC
Previous Owner
LA COSTAS VILLAS LP
Previous Owner's Name
LA COSTA VILLAS LP
Owner Address - City
BOSTON
Owner Address - State
MA
Owner Address - ZIP Code
02110
Owner Before Previous Owner
PARK CENTRAL COURTS LTD PARTNERSHIP
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Richardson Independent School District
School Tax School District
RICHARDSON ISD
Census Tract
013202
Census Block Code
2021
Census Group
2
Census Year
2018
Census - Combined Statistical Area - Area Code
206
Census - Combined Statistical Area - Area Name
Dallas-Fort Worth, TX-OK
Census - County FIPS
48113
Census - Full FIPS
481130132002021
Census - Metropolitan Division - Area Code
19124
Census - Metropolitan Division - Area Name
Dallas-Plano-Irving, TX
Census - Metro Micro Statistical Area - Area Code
19100
Census - Metro Micro Statistical Area - Area Name
Dallas-Fort Worth-Arlington, TX
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4819000
Census Source
US Census Bureau
Census State FIPS
48
Census Tract Code
013200
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4837020
School District - Unified - Name
Richardson Independent School District
Zoning
Zoning
Z248
Geography
Assessors Map Reference
007731000A00100
Account Number
007731000A00100
Parcel
00-77310-00A-001-0000
Block
A/773
Lot
1
Lot Code
unknown
Municipality
DALLAS
Latitude
32.9174
Longitude
-96.7721
FIPS
48113
Mailing Carrier Code
C019
Mailing Full Street Address
1 INTERNATIONAL PL
Mailing House Number
1
Mailing Street Mode
PL
Mailing Street
INTERNATIONAL
Mailing 4-Digit Zip Code
2602
Geo Status Code
unknown
Valuation
Timestamp
2023-11-29 05:45:33
UCID Flag
C
More About The Building
In total, the building area is listed as 278,210 square feet. The building itself has 253,394 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 12500 Merit Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Hillcrest Forest area have a median price of $2,100. Those in the 25th percentile, have a price around $2,000. While those in the 75th percentile, have a price around $2,311. Typically, the buildings in this area have a median sqft of 1,298. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently a total of 8 two bedroom listings. The median price for these types of listings is $2,100. That's $1.72 price per sqft.

  • There are currently no three bedroom listings being advertised in the area.
  • There is currently a single advertised four bedroom listing.
About The Area
12500 Merit Drive is located in 75230. There are 27,144 people living here. There are 12,555 households. Most of these households have an average family size of 2.8 people. According to the census, 40% are currently renting while 60% own their homes. The median age of this population is around 44.7 years old. On average, most folks in the zipcode are unmarried. About 20% of folks speak a language other than English in this area. The area's employment rate is currently around 65.4%. Speaking of employment, the median income is $76,457. Most folks will commute by car for around 21.1 minutes. Finally, we know that 10% of residents in the area have graduated with their high school degree. Additionally, 36% and 26% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Dallas County, Texas has a population of 2,513,054 people. Based on census records, there are 894,542 registered households. Families in this area are on average made up of 3.48 people per household. Most folks are unmarried. They are also typically around 33.2 years old. Does diversity matter to you? Right now, 42% of folks speak a language other than English here. About 49% rent while 51% purchased their homes. Right now, the community is made up of 23% of residents who have graduated with at least a high school degree. On top of that, 19% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 64%. Those employed, have a median income of $51,411. If you move here, you can expect to commute mostly by car for around 26.9 minutes.

Finally, let's take a look at the stats related to Dallas - Fort Worth - Arlington, TX Urban Area. The urban area is home to 5,516,663 people. A total of 1,956,261 households are registered here. With average family sizes being listed at 3.42 people. About 22% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 11% have their Master's degree. Folks speaking a language other than English, make up about 34% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 27.2 minutes. Speaking of your commute, 65.1% of people in this area are employed. The recorded median income is currently at $59,725 per year. The median population age has been listed at 34 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 43% of the population while homeowners are at about 57% of the population.
-
Studio Median Rent
-
1BR Median Rent
$2,100
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
241
MERIT @ CHURCHILL - N - NS (Under 500 ft - 3 min walk)
DALLAS AREA RAPID TRANSIT
241
MERIT @ CHURCHILL - S - FS (Under 500 ft - 3 min walk)
DALLAS AREA RAPID TRANSIT
241
MERIT @ CHURCHILL - N - MB (810 ft - 3 min walk)
DALLAS AREA RAPID TRANSIT
241
MERIT @ CLODUS FIELDS - S - MB (840 ft - 4 min walk)
DALLAS AREA RAPID TRANSIT
241
MERIT @ BANNER - S - FS (0.25 mi - 6 min walk)
DALLAS AREA RAPID TRANSIT

Nearby Schools

(within attendance boundary)
8301 Towns St, Dallas, TX 75243
Public  •  Elementary  •  Grades PK to 6
Richardson Independent School District
7630 Arapaho Rd, Dallas, TX 75248
Public  •  Middle School  •  Grades 7 to 8
Richardson Independent School District
RICHARDSON H S  •  2.59 mi
1250 W Belt Line Rd, Richardson, TX 75080
Public  •  High School  •  Grades 9 to 12
Richardson Independent School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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