335 Cypress Creek Rd, Cedar Park, TX 78613 – Apartment (4 - 20 units)

ApartmentsYear Built 1997Total Assessed Value $75,589,461County Williamson

Property Details

The Apartments property 335 Cypress Creek Rd, Cedar Park, TX 78613 is located in Williamson County. The specific property type is Apartment (4 - 20 units). The total assessed value of this property is $75,589,461.

The gross building area is 324,508 square feet and the land area is 1,048,946 square feet for this Apartment (4 - 20 units) built in 1997.

Legal description: S6382 - Galindo Sub, Block A, Lot 3, Acres 24.0805, & S8309 Galindo (Lot 5 Blk A Resub), Blk A, Lt 5

$75,589,461

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,611

Avg Rent

Property Image of 335 Cypress Creek Rd, Cedar Park, TX 78613, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment (4 - 20 units)

Building Area324,508

Land Size1,048,946

Land Value$10,030,027

Improved Value$65,559,434

Total Assessed Value$75,589,461

Year Built1997

County NameWilliamson

Account NumberR361403

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space76

HeatingCentral

PoolSwimming Pools,Hot Tub/Spa/Jacuzzi

Type ConstructionOther

No of Stories1

Total Rooms9

Bathrooms7

PatioAvailable

Access Gates1

Business Center1

Valet Trash1

9ft Ceilings1

Vaulted Ceilings1

Outside Storage1

Walk-in Closets1

School Bus Pickup1

Emergency Maintenance1

Steel Appliances1

Number of Units416

Exterior WallsBrick

Sales History

7/12/2022

Other$84,900,000

Buyer

Northland Cypress Gardens Llc

Seller

Northland Investment Corp

Book Number

Recording Date

7/12/2022

Transaction Details

Northland Cypress Gardens Llc acquired the property from Northland Investment Corp through a Other transaction on 7/12/2022 for $84,900,000.

2/12/2016

OtherNot Disclosed

Buyer

Seller

Book Number

2016012009

Recording Date

2/12/2016

Transaction Details

acquired the property from through a Other transaction on 2/12/2016 for .

9/13/2012

Arms-length$23,437,500

Buyer

Northland Investment Corp

Seller

Alex Brown Realty Inc

Book Number

2012075861

Recording Date

9/13/2012

Transaction Details

Northland Investment Corp acquired the property from Alex Brown Realty Inc through a Arms-length transaction on 9/13/2012 for $23,437,500.

Property constructed in 1997

YSale Price (USD) byXSales Year

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Mortgage History

8/5/2016

Sale$220,570

Borrower

Johnson David

Lender

Security State Bank & Trust

Book Number

2016128088

Recording Date

8/5/2016

Transaction Details

Johnson David borrowed the property from Security State Bank & Trust through a transaction on 8/5/2016 for $220,570.

Property constructed in 1997

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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	$9,608,351	$58,004,782	$67,613,133	$67,613,133	Northland Cypress Ga...	2150 Washington St	S6382 - Galindo Sub,...	L50Qa	W324	1,048,946	324,508
2025	$10,030,027	$58,969,973	$69,000,000	$69,000,000	Northland Cypress Ga...	Northland Investment...	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2024	$7,164,305	$68,835,695	$76,000,000	$76,000,000	Northland Cypress Ga...	2150 Washington St	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2023	$7,164,305	$75,080,695	$82,245,000	$82,245,000	Northland Cypress Ga...	2150 Washington St	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2022	$4,772,707	$65,227,293	$70,000,000	$70,000,000	Northland Cypress Ga...	% Northland Investme...	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2021	$3,671,313	$32,521,287	$36,192,600	$36,192,600	Northland Cypress Ga...	2150 Washington St	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2020	$3,487,747	$28,923,941	$32,411,688	$32,411,688	Northland Cypress Ga...	% Northland Investme...	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2019	$3,492,991	$27,456,509	$30,949,500	$30,949,500	Northland Cypress Ga...	% Northland Investme...	S6382 - Galindo Sub,...	L50QA	W324	1,048,946	324,508
2018	$1,646,734	$13,369,871	$15,016,605	$15,016,605	Northland Cypress Ga...	% Northland Investme...	Galindo Sub, Block A...	L50QA	W324	517,841	167,980
2017	$1,600,129	$12,823,019	$14,423,148	$14,423,148	% Northland Investme...	% Northland Investme...	Galindo Sub, Block A...	L50QA	W324	517,841	167,980

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Showing 1 to 10 of 18 entries

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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 ↕
335 Cypress Creek Rd, Cedar Park, TX 78613	R361403	Apartments	Apartment (4 - 20 units)	Northland Cypress Gardens Llc	Williamson	-	$ 84,900,000	2022-07-12	$ 261.63	1997	324,508	416
12700 Ridgeline Blvd, Cedar Park, TX 78613	R500216	Apartments	Apartment (4 - 20 units)	Housing Authority Of The City Of Austin	Williamson	2.3	$ 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	6.3	$ 47,713,750	2025-07-22	$ 200.19	2019	238,343	259
9815 Copper Creek Dr, Austin, TX 78729	R577682	Apartments	Apartment (4 - 20 units)	Tides On Copper Creek Owner Llc	Williamson	3.6	$ 103,600,000	2024-09-03	$ 150.71	1986	687,401	636
2101 Kauffman Loop, Georgetown, TX 78628	R638974	Apartments	Apartment (4 - 20 units)	Kauffman Multifamily Partners Llc	Williamson	9.9	$ 48,545,000	2025-08-01	$ 187.77	2023	258,532	-
1500 Lawnmont Dr, Round Rock, TX 78664	R060266	Apartments	Apartment (4 - 20 units)	1500 Lawnmont Llc	Williamson	9.0	$ 24,344,320	2025-12-02	$ 162.01	1984	150,264	188
550 Exchange Blvd, Hutto, TX 78634	R429856	Apartments	Apartment (4 - 20 units)	550 Exchange Boulevard Llc	Williamson	16.4	$ 25,501,420	2024-12-27	$ 135.80	2022	187,782	204
1200 S Mays St, Round Rock, TX 78664	R089839	Apartments	Apartment (4 - 20 units)	1200 Mays Llc & West Road Apartments Lp	Williamson	8.6	$ 22,543,500	2025-12-09	$ 162.92	1984	138,372	200
6025 S Us 281, Marble Falls, TX 78654	120407	Apartments	Apartment (4 - 20 units)	Zmodular Marble Falls Flatz 281 Llc	Burnet	29.1	$ 51,338,000	2025-10-22	$ 194.12	2023	264,463	-
3201 Duval Rd, Austin, TX 78759	504110	Apartments	Apartment Garden (1 - 4 stories)	The Realty Associates Fund Xii Portfolio Lp	Travis	8.8	$ 78,470,000	2025-07-08	$ 257.17	1993	305,124	358
801 C Bar Ranch Trl, Cedar Park, TX 78613	R569032	Apartments	Apartment Garden (1 - 4 stories)	Alden Cedar Park Acquisition Llc	Williamson	1.7	$ 62,865,110	2025-08-07	$ 194.41	2019	323,369	349

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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 ↕
—	335 Cypress Creek Rd, Cedar Park, TX 78613	—	-	1,048,946	1997	324,508	$ 75,589,461	$ 10,030,027	-
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	-
American Heritage Lending Llc	8404 Fathom Cir, Austin, TX 78750	09/08/2025	$ 495,000	17,415	1985	9,004	$ 1,170,520	$ 348,280	Otti Estates Llc
Regions Bank	9826 N Lake Creek Pkwy, Austin, TX 78750	08/28/2025	$ 668,294,000	881,959	2014	401,129	$ 66,750,000	$ 10,830,461	Wmci Austin Iv 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
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
Comerica Bank	260 S Brook Dr, Leander, TX 78641	05/29/2025	$ 41,500,000	771,448	2020	349,319	$ 77,930,000	$ 6,889,027	Southbrook Holding Llc
Jackson Natl Life Insurance C	9901 N Ranch Rd, Austin, TX 78726	05/28/2025	$ 30,000,000	1,035,291	2003	285,528	$ 55,869,871	$ 4,141,162	Mfrevf Iiicanyon Creek Lp
Prosperity Bank	523 Powell, Leander, TX 78641	04/02/2025	$ 3,402,913	302,655	2022	113,344	$ 14,300,000	$ 1,815,929	Granite Heights 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
Wells Fargo Bank Na	14761 Merrilltown Dr, Austin, TX 78728	03/06/2025	$ 102,741	978,684	1998	266,574	$ 32,394,783	$ 14,680,265

Mean$ 54,191,379

Median$ 30,112,500.0

Loan Amount Range$ 102,741 - $ 668,294,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
335 CYPRESS CREEK RD, CEDAR PARK, TX 78613-4452	XTREME PAINTING OWNER	5127847357	CONTRACTORS
335 CYPRESS CREEK RD, CEDAR PARK, TX 78613-4452	JONES, SCHERRIE	5128223348	ACUPUNCTURE
335 CYPRESS CREEK RD, CEDAR PARK, TX 78613-4452	XTREME PAINTING OWNER	5127847357	PAINTERS
335 CYPRESS CREEK RD APT 603, CEDAR PARK, TX 78613-4454	SHADES OF TEXAS	5123368468	GLASS COATING & TINTING

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License Details

This details prefers to stay low-key.

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