The Hive on Bee - 7 Units | 13231 Bee St
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The Hive on Bee - 7 Units 13231 Bee St
7 Unit Apartment Building $3,400,000 ($485,714/Unit) Farmers Branch, TX 75234
Investment Highlights
- The Hive on Bee offers seven newly completed Class A townhome units totaling 14,000 SF in Farmers Branch, TX, a prime investment opportunity.
- These townhomes feature modern design with open kitchens, expansive windows, and durable vinyl plank flooring, appealing to quality tenants.
- The Hive on Bee offers great connectivity with nearby highways, airports, and DART Light Rail, just 13 miles from downtown Dallas and major amenities.
- The units, recently receiving a certificate of occupancy, are projected to lease at $3,600/month, offering significant revenue potential in a high-dem
- Located in Farmers Branch, a dynamic area with 4,000+ companies, 30 parks, top schools, and easy access to Dallas for a perfect mix of work and play.
- Within 5 miles, 63% of the growing population of over 287,000 rent their homes, driving robust spending of over $590m on household segments in 2024.
Executive Summary
The Hive on Bee presents a premier investment opportunity in Farmers Branch, Texas, a thriving suburb of Dallas-Fort Worth. Delivered in 2023, this contemporary multifamily community includes seven newly completed Class-A townhome units totaling 14,000 square feet, separate from the other 14 units in the development. These high-quality units just received a certificate of occupancy and are projected to lease at $3,600 per month, providing significant revenue potential. Modern design elements, including open kitchens, expansive windows, and durable vinyl plank flooring, position these units as an attractive option for tenants in this high-demand rental market.
Situated about 15 miles northwest of Dallas, Farmers Branch is a dynamic live-work-play destination offering the best of small-town living with big-city convenience. Home to more than 4,000 companies and over 250 corporate headquarters, Farmers Branch is regarded as a vibrant business center. The city is also home to 30 parks and an array of top-notch schools, making it an ideal spot for families and commuters alike. In town, Farmers Branch residents enjoy visiting the Farmers Branch Market, Farmers Branch Rose Gardens, and Farmers Branch Historical Park. Nearby, numerous delectable, diverse eateries offer plenty of dining options. Shopping opportunities abound at nearby Galleria Dallas, a premier shopping destination in the DFW Metroplex.
Farmers Branch is a renowned transportation hub for North Texas, providing easy access to I-35E, I-635, Dallas North Tollway, President George Bush Turnpike, Dallas Love Field Airport (8 miles), Dallas Fort Worth International Airport (10 miles), and the Green Line of DART Light Rail. Additionally, downtown Dallas-Fort Worth is approximately 13 miles away, providing a vibrant mix of best-in-class shopping, dining, recreation, and nightlife.
Within five miles of The Hive on Bee, the region provides a growing demographic profile, including a population of more than 287,000. These residents command an average household income of more than $105,000, and with 63% of these locals currently renting their homes, spending on household segments exceeded $590 million during 2024.
Invest in The Hive on Bee, a prime opportunity to own high-performing Class A multifamily assets in the thriving Farmers Branch market of the DFW Metroplex.
Situated about 15 miles northwest of Dallas, Farmers Branch is a dynamic live-work-play destination offering the best of small-town living with big-city convenience. Home to more than 4,000 companies and over 250 corporate headquarters, Farmers Branch is regarded as a vibrant business center. The city is also home to 30 parks and an array of top-notch schools, making it an ideal spot for families and commuters alike. In town, Farmers Branch residents enjoy visiting the Farmers Branch Market, Farmers Branch Rose Gardens, and Farmers Branch Historical Park. Nearby, numerous delectable, diverse eateries offer plenty of dining options. Shopping opportunities abound at nearby Galleria Dallas, a premier shopping destination in the DFW Metroplex.
Farmers Branch is a renowned transportation hub for North Texas, providing easy access to I-35E, I-635, Dallas North Tollway, President George Bush Turnpike, Dallas Love Field Airport (8 miles), Dallas Fort Worth International Airport (10 miles), and the Green Line of DART Light Rail. Additionally, downtown Dallas-Fort Worth is approximately 13 miles away, providing a vibrant mix of best-in-class shopping, dining, recreation, and nightlife.
Within five miles of The Hive on Bee, the region provides a growing demographic profile, including a population of more than 287,000. These residents command an average household income of more than $105,000, and with 63% of these locals currently renting their homes, spending on household segments exceeded $590 million during 2024.
Invest in The Hive on Bee, a prime opportunity to own high-performing Class A multifamily assets in the thriving Farmers Branch market of the DFW Metroplex.
Property Facts
| Price | $3,400,000 | Building Class | A |
| Price Per Unit | $485,714 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 14,000 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 0.14/1,000 SF |
| Apartment Style | Townhome |
| Price | $3,400,000 |
| Price Per Unit | $485,714 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 0.23 AC |
| Building Size | 14,000 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 0.14/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Wi-Fi
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 7 | - | 2,000 |
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PROPERTY TAXES
| Parcel Number | 24109500020120000 | Improvements Assessment | $71,350 |
| Land Assessment | $133,650 | Total Assessment | $205,000 |
PROPERTY TAXES
Parcel Number
24109500020120000
Land Assessment
$133,650
Improvements Assessment
$71,350
Total Assessment
$205,000
zoning
| Zoning Code | MF (Multi-family 2, MFT) |
| MF (Multi-family 2, MFT) |
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The Hive on Bee - 7 Units | 13231 Bee St
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