Address: 1424 SUMMIT AVE
City: FORT WORTH
Subdivision: TEXAS & PACIFIC RAILWAY ADDN
Neighborhood Code: APT-Downtown/Cultural District
Latitude: 32.7443825296
Longitude: -97.3429784045
TAD Map: 2042-392
MAPSCO: TAR-076G
This map, content, and location of property is provided by Google Services.
Legal Description: TEXAS & PACIFIC RAILWAY ADDN Block 1 Lot 14R-1
Jurisdictions:
CITY OF FORT WORTH (026)
TARRANT COUNTY (220)
TARRANT REGIONAL WATER DISTRICT (223)
TARRANT COUNTY HOSPITAL (224)
TARRANT COUNTY COLLEGE (225)
FORT WORTH ISD (905)
State Code: BC
Year Built: 2017
Personal Property Account: N/AAgent: CANTRELL MCCULLOCH INC (00751)
Site Number: 800071885
Site Name: THE DRAKE ON SUMMIT
Site Class: APTIndMtr - Apartment-Individual Meter
Parcels: 1
Primary Building Name: THE DRAKE APT BLDG 1 / 42226650
Primary Building Type: Multi-Family
Gross Building Area+++: 498,381
Net Leasable Area+++: 322,306
Percent Complete: 100%
Land Sqft*: 229,281
Land Acres*: 5.2636
Pool: N
Notice Sent Date: 4/15/2025
Notice Value: $85,499,072
Protest Deadline Date: 5/31/2024
+++ Rounded.
* This represents one of a hierarchy of possible values ranked in the following order: Recorded, Computed, System, Calculated.
Documents
2025 Documents
Current Owner:
DRAKE EQUINOX LLC
DRAKE SHANGRI-LLC
Primary Owner Address:
PO BOX 118736
CARROLLTON, TX 75011
This information is intended for reference only and is subject to change. It may not accurately reflect the complete status of the account as actually carried in TAD's database. Tarrant County Tax Office Account Information.
| Year | Improvement Market | Land Market | Total Market | Total Appraised+ |
|---|---|---|---|---|
| 2025 | $75,181,382 | $10,317,690 | $85,499,072 | $85,499,072 |
| 2024 | $69,082,310 | $10,317,690 | $79,400,000 | $79,400,000 |
| 2023 | $67,682,310 | $10,317,690 | $78,000,000 | $78,000,000 |
| 2022 | $62,182,310 | $10,317,690 | $72,500,000 | $72,500,000 |
| 0 | $0 | $0 | $0 | $0 |
Pending indicates that the property record has not yet been completed for the indicated tax year.
+ Appraised value may be less than market value due to state-mandated limitations of value increases.
There are no exemptions for this property
Per Texas Property Tax Code Section 25.027, this website does not include exemption information indicating that a property owner is 65 years of age or older for unauthorized individuals.