2618 Kramer Ln, Austin, TX 78758 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2022Total Assessed Value $93,810,000County Travis

Property Details

The Apartments property 2618 Kramer Ln, Austin, TX 78758 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $93,810,000.

The gross building area is 292,050 square feet and the land area is 180,879 square feet for this Apartment High Rise (5+ stories) built in 2022.

Legal description: Unt Mulit Family Kramer Road Condominiums Plus 50.0 % Int In Com Area

$93,810,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,443

Avg Rent

Property Image of 2618 Kramer Ln, Austin, TX 78758, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area292,050

Land Size180,879

Land Value$7,235,142

Improved Value$86,574,858

Total Assessed Value$93,810,000

Year Built2022

County NameTravis

Account Number923201

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space347

HeatingNone

PoolSwimming Pools

Type ConstructionOther

Garage TypeParking Garage

Bedrooms37

Bathrooms40

PatioAvailable

Business Center1

Vaulted Ceilings1

Walk-in Closets1

Steel Appliances1

Number of Units354

Sales History

5/3/2022

Other$150,900,000

Buyer

Clpf Kramer Lane Lp

Seller

Book Number

Recording Date

5/3/2022

Transaction Details

Clpf Kramer Lane Lp acquired the property from through a Other transaction on 5/3/2022 for $150,900,000.

1/7/2019

Arms-length$45,200

Buyer

Kramer Lane Apartments Lp

Seller

2701 Research Forest Drive Llc

Book Number

2019.2913

Recording Date

1/7/2019

Transaction Details

Kramer Lane Apartments Lp acquired the property from 2701 Research Forest Drive Llc through a Arms-length transaction on 1/7/2019 for $45,200.

Property constructed in 2022

YSale Price (USD) byXSales Year

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Mortgage History

1/7/2019

Helocs both purchase money and non purchase money helocs$36,188

Borrower

Kramer Lane Apartments Lp

Lender

Fifth Third Bank

Book Number

2019.2914

Recording Date

1/7/2019

Transaction Details

Kramer Lane Apartments Lp borrowed the property from Fifth Third Bank through a Helocs both purchase money and non purchase money helocs transaction on 1/7/2019 for $36,188.

Property constructed in 2022

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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	$7,235,142	$81,163,119	$88,398,261	$88,398,261	Clpf Kramer Lane Lp	230 Park Ave	Unt Mulit Family Kra...	FNW2	C03569	180,879	292,050
2025	$7,235,142	$86,574,858	$93,810,000	$93,810,000	Clpf Kramer Lane Lp	230 Park Ave	Unt Mulit Family Kra...	FNW2	C03569	180,879	292,050
2024	$7,235,142	$94,644,858	$101,880,000	$101,880,000	Clpf Kramer Lane Lp	230 Park Ave	Unt Mulit Family Kra...	FNW2	C03569	180,879	292,050
2023	$7,235,142	$104,764,858	$112,000,000	$112,000,000	Clpf Kramer Lane Lp	230 Park Ave	Unt Mulit Family Kra...	FNW2	C03569	180,879	292,050
2022	$7,235,142	$96,554,858	$103,790,000	$103,790,000	Clpf Kramer Lane Lp	230 Park Ave	Unt Mulit Family Kra...	FNW2	C03569	180,879	292,050
2021	$7,235,142	$45,854,749	$53,089,891	$53,089,891	Kramer Lane Apts	Suite 1130 500 E Bro...	Unt Mulit Family Kra...	08FNW2	C03569	180,879	292,050
2020	$7,235,142	$10,481,494	$17,716,636	$17,716,636	Kramer Lane Apts	1290 Broadway St Ste...	Unt Mulit Family Kra...	08FNW2	C03569	180,879	297,420

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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 ↕
2618 Kramer Ln, Austin, TX 78758	923201	Apartments	Apartment High Rise (5+ stories)	Clpf Kramer Lane Lp	Travis	-	-	-	-	2022	292,050	354
3201 Esperanza Xing, Austin, TX 78758	753265	Apartments	Apartment High Rise (5+ stories)	Gateway Mckenzie Inc	Travis	1.4	$ 83,651,680	2025-08-19	$ 352.37	2013	237,395	279
10011 Stonelake Blvd, Austin, TX 78759	773804	Apartments	Apartment High Rise (5+ stories)	Stonelake Tx Partners Llc	Travis	1.9	$ 59,186,330	2025-09-30	$ 221.83	2014	266,815	330
12100 Metric Blvd, Austin, TX 78758	262633	Apartments	Apartment High Rise (5+ stories)	Austin Housing Finance Corporation	Travis	1.5	$ 66,566,500	2024-11-25	$ 194.76	1997	341,789	384
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	3.0	$ 135,907,380	2025-02-12	$ 718.09	2013	189,263	562
12601 Innovar Cir, Manor, TX 78653	944124	Apartments	Apartment High Rise (5+ stories)	Janis Atx Llc	Travis	4.9	$ 129,643,500	2024-12-20	$ 495.59	2024	261,594	1
11266 Taylor Draper Ln, Austin, TX 78759	158202	Apartments	Apartment High Rise (5+ stories)	Northland Museo Llc	Travis	3.1	$ 31,676,610	2025-11-12	$ 138.35	1993	228,966	276
810 W St Johns Ave, Austin, TX 78752	760829	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	3.2	$ 135,907,380	2025-02-12	$ 571.99	2008	237,603	562
12000 Dessau Rd, Austin, TX 78754	502274	Apartments	Apartment High Rise (5+ stories)	Cws Canyon Llc & Beachwood Canyon	Travis	3.2	$ 34,670,440	2025-08-26	$ 148.29	2008	233,808	264
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	4.3	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
12601 Innovar Cir, Manor, TX 78653	942982	Apartments	Apartment High Rise (5+ stories)	Vaughan Atx Llc	Travis	4.9	$ 15,184,900	2024-12-20	$ 46.95	2022	323,425	312

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2618 Kramer Ln, Austin, TX 78758	—	-	180,879	2022	292,050	$ 93,810,000	$ 7,235,142	-
Acre Originator Llc	8528 Burnet Rd, Austin, TX 78757	09/10/2025	$ 39,450,000	120,666	2024	276,841	$ 85,504,863	$ 5,429,950	Burnet Apartments Lp
Foundation Communities Inc	10024 N Capital Of Tx Hy, Austin, TX 78759	08/20/2025	$ 1,000,000	146,100	2024	71,862	$ 15,045,975	$ 2,191,485	Fc Balcones Terrace Housing Co
Prudential Insurance Coameric	11604 Stonehollow Dr, Austin, TX 78758	08/01/2025	$ 59,180,000	217,382	2024	311,025	$ 102,453,969	$ 4,347,620	Mcref Iii Eado Apartments Llc
Keybank National Association	4025 Duval Rd, Austin, TX 78759	07/31/2025	$ 50,022,000	1,089,044	1994	417,231	$ 96,068,977	$ 8,712,344	Bmef San Marin Limited Partner
Foundation Communities Inc	8801 Mccann Dr, Austin, TX 78757	07/31/2025	$ 2,000,000	158,036	1973	81,924	$ 14,172,852	$ 1,896,432	Crossroads Mutual Housing Corp
Jpmorgan Chase Bank Na	10010 N Capital Of Tx Hy, Austin, TX 78759	04/21/2025	$ 12,700,000	74,605	2024	104,400	$ 19,924,400	$ 1,119,105
Central National Bank	10203 Golden Meadow Dr, Austin, TX 78758	04/04/2025	$ 240,000	25,901	1978	7,888	$ 1,577,600	$ 258,992
Origin Bank	9127 Research Blvd, Austin, TX 78758	04/03/2025	$ 150,000	128,206	2024	233,475	$ 73,900,000	$ 5,128,200
Berkadia Commercial Mtg Llc	7200 Easy Wind Dr, Austin, TX 78752	02/12/2025	$ 102,186,000	171,870	2013	189,263	$ 59,892,561	$ 7,734,105	Mc Apartments Borrower Lp
Austin Housing Finance Corp	1934 Rutland Dr, Austin, TX 78758	01/09/2025	$ 750,000	93,994	2022	108,747	$ 7,739,162	$ 1,879,860

Mean$ 32,772,916

Median$ 23,750,000.0

Loan Amount Range$ 150,000 - $ 102,186,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32093347444

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/19/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	KMC LEADERSHIP CONSULTING LLC
	Address Line	2618 kramer ln apt 5050
	City / State / Zip	austin TX 78758
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48453
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78758
Registration Details	SOS Code	A

License Timeline

License Issued

1/19/2024

Currently Active

Status: -

Renewal Required

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