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The Commons of Chapel Creek apartments in Addison, TX

Updated

The Commons of Chapel Creek

7997 Wade Blvd, Frisco, TX 75034

Live pricing, refreshed

16
Units Listed
$1,075
Starting at
$1,699
Average
$2,690
Highest
$1.47
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Phillips Creek Ranch rent trends

Beds

Pricing by Bedroom

1 Bed
$1,235
from $1,075 · 5 units
~792 sqft avg
2 Bed
$1,910
from $1,740 · 11 units
~1,326 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 (11)

Largest 8 movers of 11

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

$429K

$5.1M annual run rate

Est. Occupancy

95%

of about 300 units (reported building size)

Effective Rent on New Leases

$1,510

vs $1,699 current asking ($189 negotiation gap)

Recent Lease Activity

39 units tracked; 23 assumed leased, 16 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

16

Good availability

9 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

16 units
1 Bed / 1 Bath A
$1,075/mo
650 ft² · $1.65/ft\u00B2 · #4212
Up $10 since Jul 16 (was $1,065)
1 Bed / 1 Bath A j
$1,085/mo
670 ft² · $1.62/ft\u00B2 · #4210
Down $465 since Jul 16 (was $1,550)
1 Bed / 1 Bath A2t
$1,335/mo
880 ft² · $1.52/ft\u00B2 · #0213
1 Bed / 1 Bath A2t
$1,335/mo
880 ft² · $1.52/ft\u00B2 · #0413
1 Bed / 1 Bath A2t
$1,345/mo
880 ft² · $1.53/ft\u00B2 · #2315
Up $10 since Jul 1 (was $1,335)
2 Bed / 2 Bath B2t
$1,740/mo
1,260 ft² · $1.38/ft\u00B2 · #2221
2 Bed / 2 Bath B1t P
$1,755/mo
1,160 ft² · $1.51/ft\u00B2 · #2310
2 Bed / 2 Bath B2t
$1,760/mo
1,260 ft² · $1.40/ft\u00B2 · #5215
2 Bed / 2 Bath B2t
$1,775/mo
1,260 ft² · $1.41/ft\u00B2 · #2311
2 Bed / 2 Bath B2t P
$1,775/mo
1,260 ft² · $1.41/ft\u00B2 · #6211
Up $10 since Jul 1 (was $1,765)

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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