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311 Watson Branch Ln, Mansfield, TX 76063
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Berkadia is pleased to present Aura Watson Branch, a 350-unit upscale, garden-style, apartment community located in the fast-growing suburb of Mansfield, TX. Its strategic position in the middle of the DFW Metroplex makes the major employment centers of Fort Worth, Arlington, Dallas and DFW Airport area within an easy commute for residents. Newly built in 2022, the property contains 3 four-story elevator buildings with air-conditioned interior corridors and offers a variety of one-two and three-bedroom floorplans with an overall average unit size of 931 square feet. In addition to its best of class interior finishes in the units, residents at Aura Watson Branch enjoy a beautifully appointed clubhouse featuring an outdoor lounge plus an extensive amenities package including a multi-level fitness center with cardio theatre, aerobic and strength training, luxury business center with private conference rooms, a fourth floor sky lounge, resort-style pool complete with a deck featuring cabanas and oudoor kitchen, and 2 spacious outdoor courtyards with fire pit, grilling station and turfed green space with bocce ball court.
Executive Summary
Aura Watson Branch is a brand-new, low density community surrounded by job growth. Unique in the market, each building is four stories, with an elevator and air conditioned corridors and offers a variety of one-, two- and three-bedroom custom designed floor plans with upscale finishes. Granite counters, hardwood-style flooring, and state-of-the-art stainless steel appliances compliment the vast community amenities including a resort-style pool, an amenity center with kitchen and business lounge, a multi-level fitness center, and pet park.
Investment Highlights
Brand-New, High-Quality Luxury Class A Community
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Aura Watson Branch sits off HWY 287 with direct connectivity to the Greater DFW and major employment centers. 46% of households within three miles earn $100,000 or more annually, with a projected income of $104,277 by 2028 compared to 35% countywide and 38% metro wide. Residents benefit from inclusion in highly regarded Mansfield School District, rated one of the top school districts in Tarrant County.
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Desirable Suburban Community with Excellent Demographic Profile
With proximity to the SH-287, SH-157, and other freeways, Aura Watson Branch residents can enjoy quick access to significant employment centers, like the General Motors Assembly Plant, Medical City Arlington, Great Southwest Industrial Park, Lockheed Martin, and American Airlines Headquarters, as well as local employers, like Methodist Mansfield Medical Center, Mouser Electronics, and Sellmark.
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Magnificent Maneuverability with access to high-wage employment and entertainment
Downtown Fort Worth, 10 miles away from Aura Watson Branch, is one of the largest employment centers in North Texas. The district is home to industry leading financial firms, world-class health care and higher education institutions.
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Arlington and Grand Prairie located just 20 minutes north from Aura Watson Branch, is home to The Parks at Arlington with over 160 retailers, and Grand Prairie Premium Outlets with over 65 retailers. Lively entertainment opportunities like Six Flags Over Texas, AT&T Stadium, Globe Life Field, Epic Waters Indoor Waterpark, and more are also within close proximity to Aura Watson.
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Aura Watson Branch is just 5 minutes north from the Historic Downtown Mansfield, claimed to be the heart of the City located in the southern part of the Dallas-Fort Worth Metroplex. Historic Downtown Mansfield dates back to the 1800's and is a must-see neighborhood that retains that charming hometown character you can't find anywhere else. This district is rich in culture and heritage, brimming with unique shopping and dining, and full of entertainment.
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Historic Downtown Mansfield
LOCATION
311 Watson Branch Ln, Mansfield, TX 76063
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
John Koeijmans
Senior Managing Director
214.360.3822
john.koeijmans@berkadia.com
5960 Berkshire Lane, Suite 1000 | Dallas, TX 75225
214.346.0200
Mortgage Banking Advisors:
DALLAS Office
Greg Smith
Senior Managing Director
817.313.7081
greg.smith@berkadia.com
Paul Harris
Senior Managing Director
214.232.8689
paul.harris@berkadia.com
Investment Sales Advisors:
CONTACT Info
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Thad Wetterau
Senior Director
972.754.5420
thad.wetterau@berkadia.com
Eric Calub
Senior Director
972.567.3560
eric.calub@berkadia.com
Jay Gunn
Managing Director
214.679.7100
jay.gunn@berkadia.com
Tom Burns
Managing Director
214.563.6610
tom.burns@berkadia.com
Austin Blankenship
Associate Director
214.360.3825
austin.blankenship@berkadia.com
# of Units: 350 units | Built 2022
GALLERY
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Caleb Jones
Senior Director
501.952.1785
caleb.jones@berkadia.com
Impressive job growth, headquarter relocation and in-migration trends continue to apply pressure to the Greater Dallas Fort Worth housing market with residential demand far outpacing supply. The average home cost in Mansfield is $533,491, which is 18% higher than the national average.
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Rent Vs. Owning Provides Headroom for Rent Growth
