5400 Jain Ln, Austin, TX 78721 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2021Total Assessed Value $82,000,000County Travis

Property Details

The Apartments property 5400 Jain Ln, Austin, TX 78721 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $82,000,000.

The gross building area is 231,473 square feet and the land area is 299,022 square feet for this Apartment High Rise (5+ stories) built in 2021.

Legal description: 6.8646Ac Of Lot 1 Think East Subd

$82,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,932

Avg Rent

Property Image of 5400 Jain Ln, Austin, TX 78721, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area231,473

Land Size299,022

Land Value$4,216,250

Improved Value$77,783,750

Total Assessed Value$82,000,000

Year Built2021

County NameTravis

Account Number192603

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningYes

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeParking Garage

Bedrooms19

Bathrooms20

PatioAvailable

Number of Units307

Sales History

5/1/2024

Arms-lengthNot Disclosed

Buyer

City Of Austin

Seller

Crp/ar Thinkeast Owner Lp

Book Number

2024.47407

Recording Date

5/1/2024

Transaction Details

City Of Austin acquired the property from Crp/ar Thinkeast Owner Lp through a Arms-length transaction on 5/1/2024 for .

9/9/2020

Arms-lengthNot Disclosed

Buyer

Crpar Thinkeast Owner Lp

Seller

Thinkeast Austin Lp

Book Number

2020.165129

Recording Date

9/9/2020

Transaction Details

Crpar Thinkeast Owner Lp acquired the property from Thinkeast Austin Lp through a Arms-length transaction on 9/9/2020 for .

7/9/2012

Arms-length$788,690

Buyer

Thinkeast Austin Lp

Seller

El Paso Merchant Energy Petroleum Co

Book Number

2012.110181

Recording Date

7/9/2012

Transaction Details

Thinkeast Austin Lp acquired the property from El Paso Merchant Energy Petroleum Co through a Arms-length transaction on 7/9/2012 for $788,690.

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

9/9/2020

Sale$35,067,734

Borrower

Crpar Thinkeast Owner Lp

Lender

Book Number

2020165178

Recording Date

9/9/2020

Transaction Details

Crpar Thinkeast Owner Lp borrowed the property from through a transaction on 9/9/2020 for $35,067,734.

7/9/2012

New construction residential transactions$593,000

Borrower

Thinkeast Austin Lp

Lender

Prosperity Bank

Book Number

2012.110182

Recording Date

7/9/2012

Transaction Details

Thinkeast Austin Lp borrowed the property from Prosperity Bank through a New construction residential transactions transaction on 7/9/2012 for $593,000.

Property constructed in 2021

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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) ↕
2024	$4,216,250	$77,783,750	$82,000,000	$82,000,000	Crpar Thinkeast Owne...	820 Gessner Ste 1000	Lot 1 Think East Sub...	EC	S20665	421,626	231,473
2023	$4,216,250	$35,090,728	$39,306,978	$39,306,978	Crp/ar Thinkeast Own...	820 Gessner Ste 1000	Lot 1 Think East Sub...	EC	S20665	421,626	231,473
2022	$4,216,250	$1,863,265	$6,079,515	$6,079,515	Crp/ar Thinkeast Own...	820 Gessner Ste 1000	Lot 1 Think East Sub...	EC	S20665	421,626	231,473
2021	$4,216,250	-	$4,216,250	$4,216,250	Crp/ar Thinkeast Own...	820 Gessner Ste 1000	Lot 1 Think East Sub...	1EA1	S20665	421,626	-
2020	$4,720,859	-	$4,720,859	$4,720,859	Crp/ar Thinkeast Own...	820 Gessner Ste 1000	Abs 22 Sur 29 Tanneh...	1EA1	A0022	472,086	-
2019	$4,720,859	-	$4,720,859	$4,720,859	Thinkeast Austin Lp	Po Box 50036	Abs 22 Sur 29 Tanneh...	1EA1	A0022	472,086	-
2018	$472,086	-	$472,086	$472,086	Thinkeast Austin Lp	Po Box 50036	Abs 22 Sur 29 Tanneh...	1EA1	A0022	472,086	-
2017	$699,818	$1	$699,819	$699,819	Thinkeast Austin Lp	Po Box 50036	Abs 22 Sur 29 Tanneh...	1EA1	A0022	699,818	1
2016	$699,818	$1	$699,819	$699,819	Thinkeast Austin Lp	Po Box 50036	ABS 22 SUR 29 TANNEH...	1EA1	A0022	699,818	1
2015	$671,208	$1	$671,209	$671,209	Thinkeast Austin Lp	Po Box 50036	ABS 22 SUR 29 TANNEH...	#NEA	A0022	974,594	1

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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 ↕
5400 Jain Ln, Austin, TX 78721	192603	Apartments	Apartment High Rise (5+ stories)	Crpar Thinkeast Owner Lp	Travis	-	-	-	-	2021	231,473	307
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	4.8	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
827 W 12 St, Austin, TX 78701	196630	Apartments	Apartment High Rise (5+ stories)	827 West 12th Street Llc	Travis	3.8	$ 15,960,000	2024-07-17	$ 134.34	2022	118,800	144
4501 E Riverside Dr, Austin, TX 78741	445755	Apartments	Apartment High Rise (5+ stories)	Post Riverside Country Club Lp	Travis	3.1	$ 40,299,000	2024-06-28	$ 165.30	1997	243,796	252
5800 Techni Center Dr, Austin, TX 78721	783949	Apartments	Apartment High Rise (5+ stories)	Post Fort Branch Lp	Travis	1.6	$ 34,384,490	2024-06-27	$ 143.05	2001	240,364	2
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	5.7	$ 135,907,380	2025-02-12	$ 718.09	2013	189,263	562
5453 Burnet Rd, Austin, TX 78756	229557	Apartments	Apartment High Rise (5+ stories)	Us Reif Burnet Flats Apts Texas Llc	Travis	5.6	$ 27,930,000	2025-09-09	$ 196.20	2013	142,352	179
810 W St Johns Ave, Austin, TX 78752	760829	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	5.6	$ 135,907,380	2025-02-12	$ 571.99	2008	237,603	562
1001 Collinwood W Dr, Austin, TX 78753	460752	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The City	Travis	7.5	$ 40,287,030	2024-07-30	$ 310.14	2000	129,900	2
8110 Blue Goose Rd, Manor, TX 78653	956771	Apartments	Apartment High Rise (5+ stories)	Eightyone10 Blue Goose Lp	Travis	7.3	$ 42,014,700	2024-08-23	$ 148.86	2022	282,251	300
8640 8700 Shoal Creek Blvd, Austin, TX 78757	251469	Apartments	Apartment High Rise (5+ stories)	Oht Shoal Creek Lp	Travis	8.2	$ 4,522,000	2024-08-22	$ 15.75	2024	287,120	-

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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 ↕
—	5400 Jain Ln, Austin, TX 78721	—	-	299,022	2021	231,473	$ 82,000,000	$ 4,216,250	-
Acre Originator Llc	4617 Tannehill Ln, Austin, TX 78721	09/11/2025	$ 47,500,000	540,580	2022	250,800	$ 81,000,000	$ 10,811,592
Readycap Commercial Llc	2515 Manor Rd, Austin, TX 78722	08/29/2025	$ 2,766,000	38,568	1985	26,109	$ 7,049,430	$ 3,085,285	F & B 2515 Manor Rd Llc
Walker & Dunlop Llc	1500 E Riverside Dr, Austin, TX 78741	04/29/2025	$ 13,000,000	337,869	1963	144,018	$ 32,290,000	$ 32,290,000	Park Place Associates Limited
Logan Finance Corporation	84 N Interstate Hy 35, Austin, TX 78701	02/12/2025	$ 615,000	17,651	2023	276,900	$ 109,508,744	$ 8,825,255
Sound Capital Construction Fun	5107 E Riverside Dr, Austin, TX 78741	11/06/2024	$ 3,948,000	114,502	2024	60,204	$ 2,735,391	$ 1,468,488	5107 Riverside Lp
Prosperity Bank	1142 Gunter St, Austin, TX 78721	11/06/2024	$ 1,000,000	16,139	2024	16,000	$ 4,800,000	$ 293,965	Omniat Llc
German American Cap Corp	1648 E 6 St, Austin, TX 78702	11/05/2024	$ 525,000,000	21,758	2018	56,952	$ 33,400,000	$ 3,264,000	Irp Indie Apartments Llc
German American Cap Corp	1614 E 6 St, Austin, TX 78702	11/05/2024	$ 525,000	31,999	2020	98,532	$ 40,100,000	$ 4,800,000	Irp Candela Apartments Llc
Guardian Mortgage Corp	84 N Interstate Hy 35, Austin, TX 78701	10/10/2024	$ 95,105	17,651	2023	276,900	$ 109,508,744	$ 8,825,255
Goldman Sachs Bank Usa	6400 E Riverside Dr, Austin, TX 78741	08/29/2024	$ 55,000,000	158,010	2024	427,350	$ 78,774,850	$ 2,370,111	Urban East Multifamily Qozbph

Mean$ 27,760,284

Median$ 883,275.0

Loan Amount Range$ 95,105 - $ 525,000,000

Showing 1 to 10 of 26 entries

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License Details

This details prefers to stay low-key.

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