8701 Parmer Ln, Austin, TX 78729 – Apartment (4 - 20 units)

ApartmentsYear Built 2001Total Assessed Value $75,200,000County Williamson

Property Details

The Apartments property 8701 Parmer Ln, Austin, TX 78729 is located in Williamson County. The specific property type is Apartment (4 - 20 units). The total assessed value of this property is $75,200,000.

The gross building area is 1,152,630 square feet and the land area is 1,014,294 square feet for this Apartment (4 - 20 units) built in 2001.

Legal description: S7515 - Jefferson Center Sub, Block A, Lot 1, Acres 23.285, [Ctu Pct]

$75,200,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,808

Avg Rent

Property Image of 8701 Parmer Ln, Austin, TX 78729, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment (4 - 20 units)

Building Area1,152,630

Land Size1,014,294

Land Value$6,704,488

Improved Value$68,495,512

Total Assessed Value$75,200,000

Year Built2001

County NameWilliamson

Account NumberR404115

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

FireplaceFireplace - Gas

Parking Space69

HeatingCentral

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Roof TypeGable

Type ConstructionOther

No of Stories1

Garage TypeAttached Garages,Covered Parking/Carport,Detached Garages

Bathrooms18

PatioAvailable

Social Activities1

Shuttle Route1

Personal Trainer1

Business Center1

9ft Ceilings1

Outside Storage1

Walk-in Closets1

Emergency Maintenance1

Self Clean Ovens1

Electric Meter1

Number of Units426

Exterior WallsSiding alum or vinyl

Sales History

11/25/2023

Arms-lengthNot Disclosed

Buyer

13700 Sage Grouse 701 Llc

Seller

Oyer Mary Laurie

Book Number

2023.98164

Recording Date

11/25/2023

Transaction Details

13700 Sage Grouse 701 Llc acquired the property from Oyer Mary Laurie through a Arms-length transaction on 11/25/2023 for .

1/31/2023

Arms-lengthNot Disclosed

Buyer

Donald Carrillo

Seller

Gatlin Mitchell

Book Number

2023.8248

Recording Date

1/31/2023

Transaction Details

Donald Carrillo acquired the property from Gatlin Mitchell through a Arms-length transaction on 1/31/2023 for .

10/15/2014

Arms-length$49,687,500

Buyer

Artisan I Llc

Seller

Pfawc Lake Creek Associates Llc

Book Number

2014083137

Recording Date

10/15/2014

Transaction Details

Artisan I Llc acquired the property from Pfawc Lake Creek Associates Llc through a Arms-length transaction on 10/15/2014 for $49,687,500.

3/27/2007

Arms-length$38,100,000

Buyer

Fpawc Lake Creek Associates Llc

Seller

Jefferson Lake Creek Lp

Book Number

2007026325

Recording Date

3/27/2007

Transaction Details

Fpawc Lake Creek Associates Llc acquired the property from Jefferson Lake Creek Lp through a Arms-length transaction on 3/27/2007 for $38,100,000.

Property constructed in 2001

YSale Price (USD) byXSales Year

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Mortgage History

10/8/2014

New construction residential transactions$39,750,000

Borrower

Artisan I Llc

Lender

Cbre Multifamily Capital Inc

Book Number

2014083138

Recording Date

10/8/2014

Transaction Details

Artisan I Llc borrowed the property from Cbre Multifamily Capital Inc through a New construction residential transactions transaction on 10/8/2014 for $39,750,000.

3/27/2007

Helocs both purchase money and non purchase money helocs$23,250,000

Borrower

Fpawc Lake Creek Associates Llc

Lender

Dba Db Berkshire Mortgage Inc

Book Number

2007026330

Recording Date

3/27/2007

Transaction Details

Fpawc Lake Creek Associates Llc borrowed the property from Dba Db Berkshire Mortgage Inc through a Helocs both purchase money and non purchase money helocs transaction on 3/27/2007 for $23,250,000.

Property constructed in 2001

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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	$6,704,488	$67,939,240	$74,643,728	$74,643,728	Artisan I Llc & Arti...	12315 Oak Knoll Rd S...	S7515 - Jefferson Ce...	R45Qa	4187	1,014,294	1,152,630
2025	$6,704,488	$68,495,512	$75,200,000	$75,200,000	Artisan I Llc & Arti...	12315 Oak Knoll Rd ...	S7515 - Jefferson Ce...	R45QA	4187	1,014,294	1,152,630
2024	$6,704,488	$72,349,906	$79,054,394	$79,054,394	Artisan I Llc & Arti...	12315 Oak Knoll Rd S...	S7515 - Jefferson Ce...	R45Qa	4187	1,014,294	1,152,630
2023	$6,704,488	$82,350,781	$89,055,269	$89,055,269	Artisan I Llc & Arti...	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	1,014,294	1,152,630
2022	$4,787,470	$89,184,052	$93,971,522	$93,971,522	Artisan I Llc & Arti...	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	1,014,294	1,152,630
2021	$3,550,031	$57,019,969	$60,570,000	$60,570,000	Artisan I Llc & Arti...	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	1,014,294	1,152,630
2020	$3,550,031	$55,215,582	$58,765,613	$58,765,613	Artisan I Llc & Arti...	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	1,014,294	1,152,630
2019	$3,550,030	$50,182,054	$53,732,084	$53,732,084	Artisan I Llc & Arti...	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	1,014,294	1,152,630
2018	$1,824,183	$24,765,527	$26,589,710	$26,589,710	Artisan I Llc & Arti...	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	521,195	576,315
2017	$1,824,183	$24,643,501	$26,467,684	$26,467,684	12315 Oak Knoll Rd	12315 Oak Knoll Rd, ...	S7515 - Jefferson Ce...	R45QA	4187	521,195	576,315

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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 ↕
8701 Parmer Ln, Austin, TX 78729	R404115	Apartments	Apartment (4 - 20 units)	Artisan I Llc & Artisan Ii Llc	Williamson	-	$ 49,687,500	2014-10-15	$ 43.11	2001	1,152,630	426
9815 Copper Creek Dr, Austin, TX 78729	R577682	Apartments	Apartment (4 - 20 units)	Tides On Copper Creek Owner Llc	Williamson	1.6	$ 103,600,000	2024-09-03	$ 150.71	1986	687,401	636
12700 Ridgeline Blvd, Cedar Park, TX 78613	R500216	Apartments	Apartment (4 - 20 units)	Housing Authority Of The City Of Austin	Williamson	2.9	$ 80,427,760	2024-05-29	$ 169.53	2015	474,408	354
3901 Accent Dr, Dallas, TX 75287	179781	Apartments	Apartment (4 - 20 units)	3939 East Trinity Mills Llc	Denton	183.5	$ 76,230,000	2024-10-01	$ 212.07	1995	359,462	500
15901 Championship Pkwy, Fort Worth, TX 76177	1003641	Apartments	Apartment (4 - 20 units)	Champions Way Dfw Lp	Denton	179.8	$ 74,480,000	2025-09-30	$ 155.78	2023	478,113	-
3802 Saratoga Blvd, Corpus Christi, TX 78415	603293	Apartments	Apartment (4 - 20 units)	Azali Heights Llc	Nueces	193.4	$ 50,540,000	2024-09-30	$ 133.80	2022	377,729	-
26493 E University Dr, Aubrey, TX 76227	706438	Apartments	Apartment (4 - 20 units)	Pecos Housing Finance Corporation	Denton	197.2	$ 55,394,500	2025-02-26	$ 154.84	2016	357,742	416
3702 Frankford Rd, Dallas, TX 75287	199420	Apartments	Apartment (4 - 20 units)	Frankford Springs Borrower Llc	Denton	183.8	$ 54,789,350	2025-12-01	$ 156.64	1998	349,784	332
5050 Fm 423, Frisco, TX 75036	653825	Apartments	Apartment (4 - 20 units)	Csimrw Sorrel Property Llc	Denton	191.5	$ 47,288,150	2025-02-18	$ 127.33	2014	371,385	352
1200 Foster St Nw, Atlanta, GA 30318	17 -0150- LL-259-5	Apartments	Apartment (4 - 20 units)	Development Authority Of Fulton County	Fulton	818.0	$ 4,642,900	2023-11-21	$ 12.89	2023	360,268	210
6815 Foxtail Palm Way, Bradenton, FL 34210	61469.0045-9	Apartments	Apartment (4 - 20 units)	West Shore Cirrus Llc	Manatee	943.2	$ 93,500,000	2024-03-07	$ 221.23	2023	422,640	230

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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 ↕
—	8701 Parmer Ln, Austin, TX 78729	—	-	1,014,294	2001	1,152,630	$ 75,200,000	$ 6,704,488	-
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	-
Bds V Reit Llc	3100 Scofield Ridge Pkwy, Austin, TX 78727	09/10/2025	$ 30,767,500	142,920	2022	130,350	$ 44,069,813	$ 3,037,058	Mpc Scofield Lp
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
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
Loan Ranger Cap Inv Reit Llc	7920 Mullen Dr, Austin, TX 78757	03/24/2025	$ 5,620,000	13,499	2024	13,446	$ 779,422	$ 675,000	Workant Biz 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
Loancore Cap Credit Reit Llc	12500 Avery Ranch Blvd, Cedar Park, TX 78613	11/06/2024	$ 63,000,000	589,803	2013	714,630	$ 152,469,986	$ 3,964,692	12600 Avery Ranch Property Llc

Mean$ 51,787,017

Median$ 24,469,500.0

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

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32068037467

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

11/1/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ARGENTINA LEYVA ARTISTIC STUDI
	Address Line	8701 w parmer ln apt 1120
	City / State / Zip	austin TX 78729
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	78729
Registration Details	SOS Code

License Timeline

License Issued

11/1/2023

Currently Active

Status: -

Renewal Required

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