2001 Whitis Ave, Austin, TX 78705 – Office Building High Rise 5+ stories

OfficeYear Built 2025Total Assessed Value $53,928,338County Travis

Property Details

The Office property 2001 Whitis Ave, Austin, TX 78705 is located in Travis County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $53,928,338.

The gross building area is 400,000 square feet and the land area is 39,910 square feet for this Office Building High Rise 5+ stories built in 2025.

Legal description: Lot 22-25 Olt 21 Div D Horsts Louis Subd Plus Portion Vacated Alley

$53,928,338

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area400,000

Land Size39,910

Land Value$15,963,868

Improved Value$37,964,470

Total Assessed Value$53,928,338

Year Built2025

County NameTravis

Account Number203898

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionConcrete

No of Stories5

Sales History

9/16/2024

Arms-lengthNot Disclosed

Buyer

Board Of Regents Of The University Of Texas S

Seller

City Of Austin Texas

Book Number

2024.104855

Recording Date

9/16/2024

Transaction Details

Board Of Regents Of The University Of Texas S acquired the property from City Of Austin Texas through a Arms-length transaction on 9/16/2024 for .

Property constructed in 2025

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

2/11/2020

Helocs both purchase money and non purchase money helocs$60,250,000

Borrower

Fpa4 Dobie Center Llc

Lender

Acore Capital Mortgag Lp

Book Number

2020.22807

Recording Date

2/11/2020

Transaction Details

Fpa4 Dobie Center Llc borrowed the property from Acore Capital Mortgag Lp through a Helocs both purchase money and non purchase money helocs transaction on 2/11/2020 for $60,250,000.

Property constructed in 2025

Loading Mortgage History...

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	$15,963,868	$37,964,470	$53,928,338	$53,928,338	Board Of Regents Of ...	201 W 7th St, Austin...	Lot 22-25 Olt 21 Div...	CBD	S06489	39,910	400,000
2025	$15,963,868	$6,399,964	$22,363,832	$22,363,832	Board Of Regents Of ...	201 W 7th St, Austin...	Lot 22-25 Olt 21 Div...	CBD	S06489	39,910	209,190
2024	$14,000,000	$6,399,964	$20,399,964	$20,399,964	Board Of Regents Of ...	201 W 7th St, Austin...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2023	$14,000,000	$6,399,964	$20,399,964	$20,399,964	Board Of Regents Of ...	201 W 7th St, Austin...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2022	$5,250,000	$6,399,964	$11,649,964	$11,649,964	Board Of Regents Of ...	201 W 7th St, Austin...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2021	$5,250,000	$6,399,964	$11,649,964	$11,649,964	Fpa4 Dobie Center Ll...	2082 Michelson Flr 4...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2020	$5,250,000	$4,616,824	$9,866,824	$9,866,824	Fpa4 Dobie Center Ll...	2082 Michelson Flr 4...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2019	$5,250,000	$4,616,824	$9,866,824	$9,866,824	Fpa4 Dobie Center Ll...	2082 Michelson Flr 4...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2018	$3,500,000	$4,616,824	$8,116,824	$8,116,824	Fpa4 Dobie Center Ll...	4685 Macarthur Court...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190
2017	$2,800,000	$4,600,000	$7,400,000	$7,400,000	Fpa4 Dobie Center Ll...	4685 Macarthur Court...	Lot 22-25 Olt 21 Div...	74DORM	S06489	35,000	209,190

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Loading Comparables...

Nearby Lenders

Showentries

Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2001 Whitis Ave, Austin, TX 78705	—	-	39,910	2025	400,000	$ 53,928,338	$ 15,963,868	-
Jpmorgan Chase Bank Na	301 W 3 St, Austin, TX 78701	09/04/2025	$ 144,000,000	240	2010	2,552	$ 1,470,000	$ 53,624	Rhp Block 21 Llc
Jpmorgan Chase Bank Na	306 W 2 St, Austin, TX 78701	09/04/2025	$ 144,000,000	17	2010	179	$ 63,003	$ 3,753	Rhp Block 21 Llc
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$ 28,584,057

Median$ 7,673,962.5

Loan Amount Range$ 500,000 - $ 144,000,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Loading Tenant Details...

Loading Tenants...

License Details

This details prefers to stay low-key.

Loading License Details...