401 S 1 St, Austin, TX 78704 – Office Building High Rise 5+ stories

OfficeYear Built 2020Total Assessed Value $192,957,872County Travis

Property Details

The Office property 401 S 1 St, Austin, TX 78704 is located in Travis County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $192,957,872.

The gross building area is 372,000 square feet and the land area is 58,850 square feet for this Office Building High Rise 5+ stories built in 2020.

Legal description: Abs 8 Sur 20 Decker I Acr 1.351 Swisher Addn

$192,957,872

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 401 S 1 St, Austin, TX 78704, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area372,000

Land Size58,850

Land Value$13,535,270

Improved Value$179,422,602

Total Assessed Value$192,957,872

Year Built2020

County NameTravis

Account Number190739

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space495

HeatingNone

Roof CoverWood shake or shingles

Type ConstructionWood

No of Stories5

Garage TypeParking structure 0

Sales History

3/5/2019

Arms-length$153,675,000

Buyer

Srpf A Qr Riversouth Llc

Seller

Srpf A425 W Riverside Lp

Book Number

2019.30747

Recording Date

3/5/2019

Transaction Details

Srpf A Qr Riversouth Llc acquired the property from Srpf A425 W Riverside Lp through a Arms-length transaction on 3/5/2019 for $153,675,000.

Property constructed in 2020

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	$13,535,270	$174,161,448	$187,696,718	$187,696,718	Srpf A Qr Riversouth...	401 S 1st St Unit 70...	Abs 8 Sur 20 Decker ...	SC	A0008	58,849	372,000
2025	$13,535,270	$158,392,121	$171,927,391	$171,927,391	Srpf A Qr Riversouth...	Stream Realty Partne...	Abs 8 Sur 20 Decker ...	SC	A0008	58,849	372,000
2024	$13,535,270	$152,056,064	$165,591,334	$165,591,334	Srpf A Qr Riversouth...	515 Congress Ave Ste...	Abs 8 Sur 20 Decker ...	SC	A0008	58,850	372,000
2023	$13,535,270	$181,012,000	$194,547,270	$194,547,270	Srpf A Qr Riversouth...	% Stream Realty Part...	Abs 8 Sur 20 Decker ...	SC	A0008	58,850	372,000
2022	$8,827,350	$209,360,910	$218,188,260	$218,188,260	Srpf A Qr Riversouth...	% Stream Realty Part...	Abs 8 Sur 20 Decker ...	SC	A0008	58,850	372,000
2022	$3,678	-	$3,678	$24,519	Angie Wynne Blain	-	PT NW14 E OF CREEK A...	-	E OF CREEK	0	-
2021	$8,827,350	$3,562,061	$12,389,411	$12,389,411	Srpf A Qr Riversouth...	% Stream Realty Part...	Abs 8 Sur 20 Decker ...	50SCN	A0008	26,759	345,735
2020	$8,827,350	-	$8,827,350	$8,827,350	Srpf A Qr Riversouth...	% Stream Realty Part...	Abs 8 Sur 20 Decker ...	50SCN	A0008	58,850	-
2019	$8,827,350	$96,967	$8,924,317	$8,924,317	Srpf A Qr Riversouth...	% Stream Realty Part...	Abs 8 Sur 20 Decker ...	50SCN	A0008	58,850	5,464
2018	$4,013,850	$175,733	$4,189,583	$4,189,583	Nelson Ronald A Tr &...	Molly Belle Properti...	Abs 8 Sur 20 Decker ...	32CEN	A0008	26,759	5,464

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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 ↕
401 S 1 St, Austin, TX 78704	190739	Office	Office Building High Rise 5+ stories	Srpf A Qr Riversouth Llc	Travis	-	$ 153,675,000	2019-03-05	$ 413.10	2020	372,000	-
1301 S Mo Pac Expy, Austin, TX 78746	455135	Office	Office Building High Rise 5+ stories	G&i Vii Barton Skyway Lp	Travis	2.3	$ 46,550,000	2025-08-14	$ 203.49	2001	228,753	-
13785 Research Blvd, Austin, TX 78750	R496857	Office	Office Building High Rise 5+ stories	Fpg Aspen Lake Owner Lp	Williamson	14.4	$ 44,791,645	2025-08-06	$ 94.40	2007	474,472	-
805 Las Cimas Pkwy, Austin, TX 78746	455196	Office	Office Building Low Rise 1 - 4 stories	Redus Properties Inc	Travis	5.3	$ 54,000,000	2024-06-04	$ 344.65	2000	156,682	-
807 Las Cimas Pkwy, Austin, TX 78746	455195	Office	Office Building Low Rise 1 - 4 stories	Redus Properties Inc	Travis	5.3	$ 54,000,000	2024-06-04	$ 344.65	2001	156,682	-
4030 W Braker Ln, Austin, TX 78759	548249	Office	Office Building Low Rise 1 - 4 stories	Stonelake Holdings Llc	Travis	9.7	$ 13,000,000	2024-07-01	$ 112.72	1987	115,328	-
900 S Capital Of Tx Hy, Austin, TX 78746	109593	Office	Office Building Low Rise 1 - 4 stories	Mi Las Cimas Iv Llc	Travis	5.2	$ 35,500,000	2024-06-05	$ 250.00	2007	142,000	-
4301 Westbank Dr, Austin, TX 78746	107958	Office	Office Building Low Rise 1 - 4 stories	Escalade Westbank Llc	Travis	4.2	$ 12,202,085	2025-06-27	$ 107.54	1985	113,461	-
1250 S Capital Of Tx Hy, Austin, TX 78746	111182	Office	Office Building High Rise 5+ stories	Atx Office Owner 5 Lp	Travis	4.7	$ 44,838,232	2025-11-13	$ 156.29	1983	286,889	-
3100 S Gessner Rd Ste920, Houston, TX 77063	1093870000005	Office	Office Building High Rise 5+ stories	Gessner Prntrs Ltd	Harris	137.9	$ 3,059,000	2025-07-09	$ 10.62	1981	287,972	920
840 Gessner Rd 937, Houston, TX 77024	1193790010001	Office	Office Building High Rise 5+ stories	Memorial City 840 Llc	Harris	136.9	$ 59,850,000	2024-09-24	$ 174.53	1998	342,920	937

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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 ↕
—	401 S 1 St, Austin, TX 78704	—	-	58,850	2020	372,000	$ 192,957,872	$ 13,535,270	-
Horizon Bank Ssb	118 E Riverside Dr, Austin, TX 78704	08/07/2025	$ 4,200,000	0	1977	142,428	$ 18,420,337	-	Mae Crockett Partners Ltd
Horizon Bank Ssb	150 E Riverside Dr, Austin, TX 78704	08/07/2025	$ 4,200,000	215,844	1974	129,933	$ 48,276,165	$ 45,327,450	Mae Crockett Partners Ltd
Bank Of America Na	1880 Dairy Ashford St, Houston, TX 77077	07/24/2025	$ 3,995,000	221,285	1983	168,970	$ 7,312,879	$ 1,327,710	Concordance Realty Llc
Woodforest National Bank	950 University Ave W, Georgetown, TX 78626	07/18/2025	$ 4,200,000	173,804	2005	27,288	$ 6,000,000	$ 3,168,455	Tpi Copper Oaks Llc
Keystone Bank Ssb	201 Cr 138, Hutto, TX 78634	06/23/2025	$ 9,000,000	127,718	2023	35,592	$ 10,054,545	$ 802,069	Pflugerville Mob Partners Llc
Transamerica Life Insurance Co	575 N Dairy Ashford Rd, Houston, TX 77079	06/17/2025	$ 23,500,000	189,473	2007	321,338	$ 47,000,000	$ 10,657,856	Gvaoii 575 Dairy Ashford Llc
Standard Insurance Company	275 Se Inner Loop, Georgetown, TX 78626	05/01/2025	$ 4,000,000	130,027	2019	22,000	$ 4,106,477	$ 1,038,414	Inner Visions Llc
Gsf 20231 Llc	1900 Aldrich St, Austin, TX 78722	04/15/2025	$ 27,500,000	7,815	2020	20,000	$ 11,900,000	$ 351,631	Nineteen Hundred Alpha Llc
Midfirst Bank	15915 Katy Fwy, Houston, TX 77094	03/18/2025	$ 8,000,000	157,120	1983	108,336	$ 8,988,969	$ 2,946,000	15915 Katy Fwy Llc
Wells Fargo Bank Na	900 Threadneedle St, Houston, TX 77079	03/18/2025	$ 61,125,000	143,717	1982	206,714	$ 17,523,832	$ 4,311,510	Lffp Ashford Borrower Llc

Mean$ 17,830,211

Median$ 5,393,000.0

Loan Amount Range$ 500,000 - $ 69,400,000

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Tenant Details

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License Details

License Number

32092840563

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

12/27/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ANDORIX NETWORKS INC.
	Address Line	750 n saint paul st ste 250
	City / State / Zip	dallas TX 75201
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	75201
Registration Details	SOS Code

License Timeline

License Issued

12/27/2023

Currently Active

Status: -

Renewal Required

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