1501 Blue Ridge Dr, Georgetown, TX 78626 – Apartment (4 - 20 units)

ApartmentsYear Built 2021Total Assessed Value $72,000,000County Williamson

Property Details

The Apartments property 1501 Blue Ridge Dr, Georgetown, TX 78626 is located in Williamson County. The specific property type is Apartment (4 - 20 units). The total assessed value of this property is $72,000,000.

The gross building area is 337,852 square feet and the land area is 953,019 square feet for this Apartment (4 - 20 units) built in 2021.

Legal description: S11238 - Windmill Hill Ph 1, Block C, Lot 1, Acres 21.8783, [Tu Pcts]

$72,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,679

Avg Rent

Property Image of 1501 Blue Ridge Dr, Georgetown, TX 78626, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment (4 - 20 units)

Building Area337,852

Land Size953,019

Land Value$6,004,018

Improved Value$65,995,982

Total Assessed Value$72,000,000

Year Built2021

County NameWilliamson

Account NumberR551679

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space149

HeatingCentral

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeCovered Parking/Carport,Detached Garages

Bathrooms9

Access Gates1

Business Center1

Walk-in Closets1

Emergency Maintenance1

Granite Countertops1

Steel Appliances1

Number of Units350

Exterior WallsMarble

Sales History

1/7/2020

Arms-lengthNot Disclosed

Buyer

Midamerica Apartments Lp

Seller

Gt Windmill Hill Llc

Book Number

2020.2973

Recording Date

1/7/2020

Transaction Details

Midamerica Apartments Lp acquired the property from Gt Windmill Hill Llc through a Arms-length transaction on 1/7/2020 for .

12/12/2017

Arms-lengthNot Disclosed

Buyer

Gt Windmill Hill Llc

Seller

Gruy Llc

Book Number

2017.114635

Recording Date

12/12/2017

Transaction Details

Gt Windmill Hill Llc acquired the property from Gruy Llc through a Arms-length transaction on 12/12/2017 for .

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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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	$6,004,018	$59,911,782	$65,915,800	$65,915,800	Mid America Apartmen...	6815 Poplar Ave Ste ...	S11238 - Windmill Hi...	G90Qa	9870	953,019	337,852
2025	$6,004,018	$65,995,982	$72,000,000	$72,000,000	Mid America Apartmen...	6815 Poplar Ave Ste...	S11238 - Windmill Hi...	G90QA	9870	953,019	337,852
2024	$6,004,018	$69,995,982	$76,000,000	$76,000,000	Mid America Apartmen...	6815 Poplar Ave Ste ...	S11238 - Windmill Hi...	G90Qa	9870	953,019	337,852
2023	$6,004,018	$78,995,982	$85,000,000	$85,000,000	Mid- America Apartme...	6815 Poplar Ave, Ste...	S11238 - Windmill Hi...	G90QA	9870	953,019	337,852
2022	$4,002,679	$56,658,158	$60,660,837	$60,660,837	Mid- America Apartme...	6815 Poplar Ave, Ste...	S11238 - Windmill Hi...	G90QA	9870	953,019	337,852
2021	$3,184,631	-	$3,184,631	$3,184,631	Mid- America Apartme...	6815 Poplar Ave, Ste...	S11238 - Windmill Hi...	G90TR	9870	953,019	-
2020	$3,025,399	-	$3,025,399	$3,025,399	Mid- America Apartme...	6815 Poplar Ave, Ste...	S11238 - Windmill Hi...	G90TR	9870	953,019	-
2019	$3,111,840	-	$3,111,840	$3,111,840	Gt Windmill Hill Llc	1207 S Bryant Blvd, ...	S11238 - Windmill Hi...	G90TR	9870	953,019	-
2018	$2,975,355	-	$2,975,355	$2,975,355	Gt Windmill Hill Llc	1207 S Bryant Blvd, ...	S11238 - Windmill Hi...	G90TR	9870	953,019	-
2017	$2,866,168	-	$2,866,168	$2,866,168	% Madison Realty Inv...	% Madison Realty Inv...	S11238 - Windmill Hi...	G90TR	9870	953,019	-

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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 ↕
1501 Blue Ridge Dr, Georgetown, TX 78626	R551679	Apartments	Apartment (4 - 20 units)	Mid America Apartments Lp	Williamson	-	-	-	-	2021	337,852	350
550 Exchange Blvd, Hutto, TX 78634	R429856	Apartments	Apartment (4 - 20 units)	550 Exchange Boulevard Llc	Williamson	7.7	$ 25,501,420	2024-12-27	$ 135.80	2022	187,782	204
2101 Kauffman Loop, Georgetown, TX 78628	R638974	Apartments	Apartment (4 - 20 units)	Kauffman Multifamily Partners Llc	Williamson	9.8	$ 48,545,000	2025-08-01	$ 187.77	2023	258,532	-
12700 Ridgeline Blvd, Cedar Park, TX 78613	R500216	Apartments	Apartment (4 - 20 units)	Housing Authority Of The City Of Austin	Williamson	11.7	$ 80,427,760	2024-05-29	$ 169.53	2015	474,408	354
665 N Bagdad Rd, Leander, TX 78641	R538901	Apartments	Apartment (4 - 20 units)	Conley Leander Apartments Llc	Williamson	12.1	$ 47,713,750	2025-07-22	$ 200.19	2019	238,343	259
801 C Bar Ranch Trl, Cedar Park, TX 78613	R569032	Apartments	Apartment Garden (1 - 4 stories)	Alden Cedar Park Acquisition Llc	Williamson	9.4	$ 62,865,110	2025-08-07	$ 194.41	2019	323,369	349
500 Westinghouse Rd, Georgetown, TX 78626	R606075	Apartments	Apartment Garden (1 - 4 stories)	Dhic Westinghouse Llc	Williamson	0.9	$ 57,190,000	2025-08-15	$ 186.38	2022	306,849	300
3201 Duval Rd, Austin, TX 78759	504110	Apartments	Apartment Garden (1 - 4 stories)	The Realty Associates Fund Xii Portfolio Lp	Travis	12.6	$ 78,470,000	2025-07-08	$ 257.17	1993	305,124	358
2505 Thornton Rd, Austin, TX 78704	859317	Apartments	Apartment Garden (1 - 4 stories)	-	Travis	24.6	$ 25,137,000	2024-08-29	$ 149.99	2015	167,589	-
9815 Copper Creek Dr, Austin, TX 78729	R577682	Apartments	Apartment (4 - 20 units)	Tides On Copper Creek Owner Llc	Williamson	11.3	$ 103,600,000	2024-09-03	$ 150.71	1986	687,401	636
2401 San Gabriel St, Austin, TX 78705	206600	Apartments	Apartment Garden (1 - 4 stories)	Cig Cws Regents 24th Lp	Travis	21.2	$ 25,923,030	2024-12-31	$ 247.91	2013	104,568	93

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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 ↕
—	1501 Blue Ridge Dr, Georgetown, TX 78626	—	-	953,019	2021	337,852	$ 72,000,000	$ 6,004,018	-
Lincoln Natl Life Insurance C	350 Cypress Creek Rd, Cedar Park, TX 78613	09/18/2025	$ 29,500,000	333,800	1996	173,199	$ 30,884,031	$ 3,191,796	-
Reft Mulberry Street Llc	201 Wolf Ranch Pkwy, Georgetown, TX 78628	08/28/2025	$ 37,000,000	131,595	2021	321,617	$ 48,291,871	$ 2,996,413
Bds V Reit Llc	2510 Bell Gin Rd, Georgetown, TX 78626	08/25/2025	$ 46,000,000	258,224	2022	122,067	$ 25,942,000	$ 863,018	Arco Owner Llc
Arbor Commercial Funding I Llc	2401 Pflugerville Pkwy, Pflugerville, TX 78660	07/31/2025	$ 50,000,000	737,122	2022	302,400	$ 55,569,017	$ 7,371,223	Hollybrook Ranch Llc
Teachers Insurance&annuity Ass	12820 W Parmer Ln, Cedar Park, TX 78613	07/29/2025	$ 31,250,000	1,157,345	2006	259,207	$ 56,750,000	$ 9,027,296	Wmci Austin I Llc
Greystone Servicing Co Llc	302 Apple Creek Dr, Georgetown, TX 78626	06/26/2025	$ 22,155,000	445,061	1985	120,500	$ 24,482,981	$ 2,932,872	Csc 302 North Realty Llc
Yktn Private Credit Fund I Llc	733 Naumann Dr, Leander, TX 78641	06/24/2025	$ 1,501,500	153,549	2019	91,200	$ 15,775,250	$ 1,937,068	Trailside Oaks Austin Llc
Wsco Ii Core Lender Lp	13460 Lyndhurst St, Austin, TX 78717	03/14/2025	$ 56,000,000	372,046	2021	373,299	$ 97,490,902	$ 7,031,669
Bmo Harris Bank Na	3550 N W A Grimes Blvd, Round Rock, TX 78665	02/28/2025	$ 6,000,000	425,755	2023	245,239	$ 58,420,717	$ 5,632,744	Trg Avery Centre Ii Owner Lp
Greystone Servicing Co Llc	550 Exchange Blvd, Hutto, TX 78634	12/27/2024	$ 19,174,000	469,577	2022	187,782	$ 38,450,278	$ 929,762	550 Exchange Boulevard Llc

Mean$ 41,145,124

Median$ 33,641,500.0

Loan Amount Range$ 1,501,500 - $ 237,751,000

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Tenant Details

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License Details

License Number

32093726035

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

2/13/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	GRUMPYFITNESS LLC
	Address Line	1501 blue ridge dr apt 7106
	City / State / Zip	georgetown TX 78626
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48491
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78626
Registration Details	SOS Code	A

License Timeline

License Issued

2/13/2024

Currently Active

Status: -

Renewal Required

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