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Somerset at Spring Creek apartments in Addison, TX

Updated

Somerset at Spring Creek

3801 W Spring Creek Pkwy, Plano, TX 75023, USA

Live pricing, refreshed

12
Units Listed
$1,150
Starting at
$1,553
Average
$2,505
Highest
$1.45
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Creek Trails rent trends

Beds

Pricing by Bedroom

1 Bed
$1,205
from $1,150 · 5 units
~878 sqft avg
2 Bed
$1,565
from $1,420 · 5 units
~1,133 sqft avg
3 Bed
$2,395
from $2,285 · 2 units
~1,402 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (14)

Largest 8 movers of 14

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$331K

$4.0M annual run rate

Est. Occupancy

94%

of about 208 units (reported building size)

Effective Rent on New Leases

$1,688

vs $1,553 current asking

Recent Lease Activity

36 units tracked; 24 assumed leased, 12 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

12

Moderate availability

8 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

12 units
1 Bed / 1 Bath 1X1B
$1,150/mo
895 ft² · $1.28/ft² · #0827
Up $25 since Aug 27 (was $1,125)
1 Bed / 1 Bath 1X1AR
$1,165/mo
725 ft² · $1.61/ft² · #1215
Down $20 since Aug 29 (was $1,185)
1 Bed / 1 Bath 1X1B
$1,225/mo
895 ft² · $1.37/ft² · #0225
Up $15 since Aug 27 (was $1,210)
1 Bed / 1 Bath 1X1C
$1,230/mo
979 ft² · $1.26/ft² · #1022
Down $20 since Aug 29 (was $1,250)
1 Bed / 1 Bath 1X1BR
$1,255/mo
895 ft² · $1.40/ft² · #2011
Down $25 since Aug 29 (was $1,280)
2 Bed / 2 Bath 2X2A
$1,420/mo
1,133 ft² · $1.25/ft² · #1421
Down $20 since Aug 27 (was $1,440)
2 Bed / 2 Bath 2X2A
$1,435/mo
1,133 ft² · $1.27/ft² · #1912
Down $20 since Aug 27 (was $1,455)
2 Bed / 2 Bath 2X2AR
$1,635/mo
1,133 ft² · $1.44/ft² · #0622
Down $20 since Aug 27 (was $1,655)
2 Bed / 2 Bath 2X2AR
$1,660/mo
1,133 ft² · $1.47/ft² · #1822
Down $20 since Aug 27 (was $1,680)
2 Bed / 2 Bath 2X2AR
$1,675/mo
1,133 ft² · $1.48/ft² · #1514
Down $20 since Aug 27 (was $1,695)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Addison, TX notes

No resident notes for this property yet.

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