701 Brazos St H-1, Austin, TX 78701 – Hotel/Motel, Low-rise (1 - 3 stories)

ServiceYear Built 1985Total Assessed Value $100,150,487County Travis

Property Details

The Service property 701 Brazos St H-1, Austin, TX 78701 is located in Travis County. The specific property type is Hotel/Motel, Low-rise (1 - 3 stories). The total assessed value of this property is $100,150,487.

The gross building area is 235,008 square feet and the land area is 38,115 square feet for this Hotel/Motel, Low-rise (1 - 3 stories) built in 1985.

Legal description: Unt H-1 Austin Centre Condominium The Plus 50.0 % Int In Com Area (Commercial Personal Property)

$100,150,487

Market Value

8.25%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,924

Avg Rent

Property Image of 701 Brazos St H-1, Austin, TX 78701, Service

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Property Information

Property TypeService

Sub Property TypeHotel/Motel, Low-rise (1 - 3 stories)

Building Area235,008

Land Size38,115

Land Value$24,774,750

Improved Value$75,375,737

Total Assessed Value$100,150,487

Year Built1985

County NameTravis

Account Number754189

Cap Rate8.25%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Pool1760

Roof CoverOther

Type ConstructionOther

No of Stories2

Basement12260,U18340

Number of Units392

Sales History

8/16/2007

Arms-lengthNot Disclosed

Buyer

Hcd Austin Corp

Seller

Wtcc Austin Investors V Lp

Book Number

2007.154962

Recording Date

8/16/2007

Transaction Details

Hcd Austin Corp acquired the property from Wtcc Austin Investors V Lp through a Arms-length transaction on 8/16/2007 for .

Property constructed in 1985

YSale Price (USD) byXSales Year

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Mortgage History

9/27/2013

Sale$75,000,000

Borrower

Omni Hotels & Resorts

Lender

Book Number

Recording Date

9/27/2013

Transaction Details

Omni Hotels & Resorts borrowed the property from through a transaction on 9/27/2013 for $75,000,000.

Property constructed in 1985

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$28,586,250	$68,840,697	$97,426,947	$97,426,947	Hcd Austin Corporati...	4001 Maple Ave Floor...	Unt H-1 Austin Centr...	CBD1	C01466	38,115	235,008
2025	$24,774,750	$75,375,737	$100,150,487	$100,150,487	Hcd Austin Corporati...	Omni Treasury 4001 M...	Unt H-1 Austin Centr...	CBD1	C01466	38,115	235,008
2024	$24,774,750	$68,813,858	$93,588,608	$93,588,608	Hcd Austin Corporati...	4001 Maple Ave Floor...	Unt H-1 Austin Centr...	CBD1	C01466	38,115	235,008
2023	$26,013,488	$67,672,512	$93,686,000	$93,686,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	CBD1	C01466	38,115	235,008
2022	$10,125,250	$70,874,750	$81,000,000	$81,000,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	CBD1	C01466	38,115	235,008
2021	$10,125,250	$63,844,750	$73,970,000	$73,970,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	34CBD1	C01466	38,115	235,008
2020	$10,125,250	$79,874,750	$90,000,000	$90,000,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	34CBD1	C01466	38,115	235,008
2019	$10,125,250	$87,294,750	$97,420,000	$97,420,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	34CBD1	C01466	38,115	235,008
2018	$10,125,250	$82,874,750	$93,000,000	$93,000,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	34CBD1	C01466	38,115	235,008
2017	$10,125,250	$84,874,750	$95,000,000	$95,000,000	Hcd Austin Corporati...	% Omni Treasury, 400...	Unt H-1 Austin Centr...	34CBD1	C01466	38,115	235,008

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
701 Brazos St H-1, Austin, TX 78701	754189	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Hcd Austin Corporation	Travis	-	-	-	-	1985	235,008	392
12400 N Interstate Ste35, Austin, TX 78753	738177	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Apple Nine Hospitality Ownership Inc	Travis	10.1	$ 6,650,000	2024-12-20	$ 90.62	2007	73,382	117
12424 N U S 183, Austin, TX 78759	424200	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Breesa P Portfolio Txnc Prop Lp	Travis	11.1	$ 6,483,750	2025-09-24	$ 89.27	1998	72,632	120
400 Lavaca St, Austin, TX 78701	877673	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Rb Zaza Austin Llc	Travis	0.3	$ 77,805,000	2024-12-09	$ 513.38	2019	151,553	159
7415 W William Cannon Dr, Austin, TX 78746	890059	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Lantana Place Llc	Travis	5.7	$ 30,989,000	2025-11-14	$ 428.32	2020	72,350	-
74 N Interstate Hy 35, Austin, TX 78701	190912	Service	Hotel/Motel, Low-rise (1 - 3 stories)	68 East Avenue Austin Llc	Travis	0.7	$ 60,937,500	2024-08-07	$ 358.13	2022	170,156	-
710 E 3 St, Austin, TX 78701	191629	Service	Hotel/Motel, Low-rise (1 - 3 stories)	710 E3 Llc	Travis	0.4	$ 47,747,000	2024-02-22	$ 305.67	2022	156,202	259
1011 E Houston St, San Antonio, TX 78205	105736	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Bw Rri Iii Llc	Bexar	73.6	$ 11,172,000	2025-01-14	$ 54.79	1997	203,910	215
4323 Spectrum One, San Antonio, TX 78230	564933	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Satc Hotel Group Llc	Bexar	71.1	$ 10,526,950	2024-06-11	$ 103.34	1996	101,868	123
12828 San Pedro Ave, San Antonio, TX 78216	1181895	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Terra Hospitalitygiant Llc Attn Darren Linnartz	Bexar	66.7	$ 2,178,540	2025-09-05	$ 22.83	1985	95,428	117
4320 Spectrum One, San Antonio, TX 78230	564930	Service	Hotel/Motel, Low-rise (1 - 3 stories)	Bg Hotel Group Llc	Bexar	71.1	$ 6,650,000	2024-11-15	$ 87.89	1999	75,665	118

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	701 Brazos St H-1, Austin, TX 78701	—	-	38,115	1985	235,008	$ 100,150,487	$ 24,774,750	-
Jpmorgan Chase Bank Na	617 Colorado St, Austin, TX 78701	09/26/2025	$ 510,000,000	10,006	2022	132,655	$ 64,163,239	$ 6,402,560	-
T Bank Na	1603 E Oltorf St, Austin, TX 78741	09/25/2025	$ 7,522,400	100,972	1974	50,950	$ 4,995,602	$ 2,524,300	-
Jpmorgan Chase Bank Na	212 Lavaca St, Austin, TX 78701	09/04/2025	$ 144,000,000	937	2010	10,021	$ 4,495,899	$ 210,589	Rhp Block 21 Llc
Wyndham Hotel Group Llc	1825 Mcbee St, Austin, TX 78723	08/22/2025	$ 5,000,000	16,361	2021	69,688	$ 19,000,000	$ 736,169	Austin Hotel Group Llc
National Bank Of Indianapolis	2552 Guadalupe St, Austin, TX 78705	07/25/2025	$ 21,750,000	16,797	2020	63,815	$ 28,000,000	$ 3,779,550	Austin 21 Hotel Llc
Kb Austin Llc	1603 E Oltorf St, Austin, TX 78741	05/19/2025	$ 5,951,000	100,972	1974	50,950	$ 4,995,602	$ 2,524,300	Slavik Properties Llc
Wells Fargo Bank Na	4140 Governors Row, Austin, TX 78744	05/14/2025	$ 23,415,600	332,332	1982	171,225	$ 28,872,741	$ 28,872,741
Bmo Harris Bank Na	5012 Lancaster Dr, Austin, TX 78723	03/06/2025	$ 32,000,000	95,745	2013	85,091	$ 17,922,169	$ 6,702,142	M4 Austin University Area Llc
Regions Bank	414 W M L King Jr Blvd, Austin, TX 78705	12/20/2024	$ 69,000,000	30,597	2019	197,386	$ 89,767,660	$ 6,885,000	Austin 19 Hotel Llc
Srt Agent Llc	1211 W Riverside Dr, Austin, TX 78704	12/12/2024	$ 57,000,000	23,993	2021	160,000	$ 52,877,514	$ 4,798,960	Sardis Lone Star Ii Llc

Mean$ 81,865,431

Median$ 35,225,000.0

Loan Amount Range$ 600,000 - $ 510,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
701 BRAZOS ST STE 930, AUSTIN, TX 78701-2583	WIIKNO INC	2103823832	CONSTRUCTION COMPANIES
701 BRAZOS ST STE 500, AUSTIN, TX 78701-3232	TEXAS COMPUTER MANAGEMENT INC	5123209018	COMPUTER & EQUIPMENT DEALERS
701 BRAZOS ST STE 1600, AUSTIN, TX 78701-3232	OWNLOCAL	5125016265	NONCLASSIFIED ESTABLISHMENTS
701 BRAZOS ST, AUSTIN, TX 78701-3258	FFF	4125326127	NONCLASSIFIED ESTABLISHMENTS
701 BRAZOS ST, AUSTIN, TX 78701-3258	SETTLEMYTAXPROBLEMS.COM	5126106598	ADVERTISING-COMPUTER
701 BRAZOS ST STE 500, AUSTIN, TX 78701-3232	THURKELLE/WILLIAMS CO	5123209138	DATA PROCESSING SOFTWARE
701 BRAZOS ST STE 1050, AUSTIN, TX 78701-3232	CSC UNITED STATES CORP	5123971550	ASSOCIATIONS
701 BRAZOS ST, AUSTIN, TX 78701-3258	KEEP AUSTIN ONLINE	5128427724	NONCLASSIFIED ESTABLISHMENTS
701 BRAZOS ST, AUSTIN, TX 78701-3258	WEBNETIX	5123209036	NONCLASSIFIED ESTABLISHMENTS
701 BRAZOS ST STE 500, AUSTIN, TX 78701-3232	STRONG, M SHEPPARD	5123209144	ATTORNEYS

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License Details

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