5010 S Congress Ave, Austin, TX 78745 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2015Total Assessed Value $78,145,282County Travis

Property Details

The Apartments property 5010 S Congress Ave, Austin, TX 78745 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $78,145,282.

The gross building area is 315,198 square feet and the land area is 386,856 square feet for this Apartment High Rise (5+ stories) built in 2015.

Legal description: 1.5923 Ac Of Lot 1 & 4.1574 Ac Of Lot 2 & 3.1603 Ac Of Lot 4 Von Ach Park Subd (Total 8.881 Ac)

$78,145,282

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,010

Avg Rent

Property Image of 5010 S Congress Ave, Austin, TX 78745, Apartments

1 / 3

Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area315,198

Land Size386,856

Land Value$9,671,445

Improved Value$68,473,837

Total Assessed Value$78,145,282

Year Built2015

County NameTravis

Account Number319259

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

FireplaceFireplace - Wood Burning

Parking Space171

HeatingNone

PoolSwimming Pools

Roof CoverComposition shingle

Roof TypeHip

Type ConstructionOther

No of Stories4

Garage TypeCovered Parking/Carport,Parking Garage

Bedrooms13

Bathrooms13

PatioAvailable

Wood DeckAvailable

Storage RoomAvailable

Access Gates1

Business Center1

Outside Storage1

Walk-in Closets1

Granite Countertops1

Steel Appliances1

Number of Units352

Sales History

12/20/2020

Arms-length$70,600,000

Buyer

Mfreve Iii Sur512 Lp

Seller

5010 Soco Llc

Book Number

2020.234403

Recording Date

12/20/2020

Transaction Details

Mfreve Iii Sur512 Lp acquired the property from 5010 Soco Llc through a Arms-length transaction on 12/20/2020 for $70,600,000.

12/1/2017

Arms-length$70,600,000

Buyer

5010 Soco Llc

Seller

Tdi South Congress L P

Book Number

2017202532

Recording Date

12/1/2017

Transaction Details

5010 Soco Llc acquired the property from Tdi South Congress L P through a Arms-length transaction on 12/1/2017 for $70,600,000.

10/4/2013

Arms-lengthNot Disclosed

Buyer

Tdi South Congress Lp

Seller

Anchor Equities Ltd

Book Number

2013183337

Recording Date

10/4/2013

Transaction Details

Tdi South Congress Lp acquired the property from Anchor Equities Ltd through a Arms-length transaction on 10/4/2013 for .

Property constructed in 2015

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

12/3/2020

Helocs both purchase money and non purchase money helocs$43,837,000

Borrower

Mfrevf Iiicanyon Creek Lp

Lender

Walker & Dunlop Llc

Book Number

2020234404

Recording Date

12/3/2020

Transaction Details

Mfrevf Iiicanyon Creek Lp borrowed the property from Walker & Dunlop Llc through a Helocs both purchase money and non purchase money helocs transaction on 12/3/2020 for $43,837,000.

Property constructed in 2015

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	$9,671,445	$55,713,091	$65,384,536	$65,384,536	Mfrevf Iiisur512 Lp	353 N Clark St	1.5923 Ac Of Lot 1 &...	SC2	S14616	386,858	315,198
2025	$9,671,445	$68,473,837	$78,145,282	$78,145,282	Mfrevf Iiisur512 Lp	353 N Clark St	1.5923 Ac Of Lot 1 &...	SOU	S14616	386,856	315,198
2024	$9,671,445	$71,418,555	$81,090,000	$81,090,000	Mfrevf Iiisur512 Lp	353 N Clark St	1.5923 Ac Of Lot 1 &...	SOU	S14616	386,856	315,198
2023	$9,671,445	$78,261,306	$87,932,751	$87,932,751	Mfrevf Iii-sur512 Lp	353 North Clark St	1.5923 Ac Of Lot 1 &...	SOU	S14616	386,856	315,198
2022	$9,671,445	$74,828,555	$84,500,000	$84,500,000	Mfrevf Iii-sur512 Lp	353 North Clark St	1.5923 Ac Of Lot 1 &...	SC2	S14616	386,856	315,198
2021	$9,671,445	$65,158,555	$74,830,000	$74,830,000	Mfrevf Iii-sur512 Lp	353 North Clark St	1.5923 Ac Of Lot 1 &...	08SC2	S14616	317,496	315,198
2020	$9,703,026	$65,146,974	$74,850,000	$74,850,000	5010 Soco Llc	Cypress Real Estate ...	1.5923 Ac Of Lot 1 &...	08SC2	S14616	388,120	315,198
2019	$13,203,406	$56,046,594	$69,250,000	$69,250,000	5010 Soco Llc	Cypress Real Estate ...	1.5923 Ac Of Lot 1 &...	08SC2	S14616	388,120	315,198
2018	$9,703,026	$60,896,974	$70,600,000	$70,600,000	5010 Soco Llc	Cypress Real Estate ...	1.5923 Ac Of Lot 1 &...	08SC2	S14616	388,120	315,198
2017	$3,881,210	$54,312,290	$58,193,500	$58,193,500	Tdi South Congress L...	600 E Las Colinas Bl...	1.5923 Ac Of Lot 1 &...	08SC2	S14616	388,120	315,198

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5010 S Congress Ave, Austin, TX 78745	319259	Apartments	Apartment High Rise (5+ stories)	Mfrevf Iiisur512 Lp	Travis	-	$ 70,600,000	2020-12-20	$ 223.99	2015	315,198	352
1215 W Slaughter Ln, Austin, TX 78748	532875	Apartments	Apartment High Rise (5+ stories)	Domain Iron Rock Apartments Llc	Travis	3.7	$ 70,759,990	2025-07-17	$ 223.52	2001	316,572	300
420 W Slaughter Ln, Austin, TX 78748	513069	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	3.0	$ 72,483,670	2024-08-26	$ 235.82	2006	307,374	308
4501 E Riverside Dr, Austin, TX 78741	445755	Apartments	Apartment High Rise (5+ stories)	Post Riverside Country Club Lp	Travis	3.4	$ 40,299,000	2024-06-28	$ 165.30	1997	243,796	252
6607 Brodie Ln, Austin, TX 78748	511568	Apartments	Apartment High Rise (5+ stories)	6607 Brodie Lane Owner Llc	Travis	3.1	$ 48,622,140	2024-06-17	$ 183.05	1996	265,628	291
5800 Techni Center Dr, Austin, TX 78721	783949	Apartments	Apartment High Rise (5+ stories)	Post Fort Branch Lp	Travis	7.9	$ 34,384,490	2024-06-27	$ 143.05	2001	240,364	2
7631 W Hy U 290 S, Austin, TX 78736	315279	Apartments	Apartment High Rise (5+ stories)	S2 Vineyard Lp	Travis	6.6	$ 34,372,520	2024-06-06	$ 183.27	1999	187,554	202
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	9.7	$ 135,907,380	2025-02-12	$ 718.09	2013	189,263	562
9301 Old Bee Caves Rd, Austin, TX 78737	583370	Apartments	Apartment High Rise (5+ stories)	Lcp Mfiii Conservancy Llc	Travis	8.5	$ 36,020,390	2024-12-23	$ 180.27	2015	199,816	240
810 W St Johns Ave, Austin, TX 78752	760829	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	9.6	$ 135,907,380	2025-02-12	$ 571.99	2008	237,603	562
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	8.5	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279

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 ↕
—	5010 S Congress Ave, Austin, TX 78745	—	-	386,856	2015	315,198	$ 78,145,282	$ 9,671,445	-
First United Bk&tr Company	2209 Woodland Ave, Austin, TX 78704	06/06/2025	$ 355,000	70,132	2024	66,406	$ 10,249,234	$ 1,402,632
Protective Life Insurance Co	1900 Burton Dr, Austin, TX 78741	05/30/2025	$ 5,650,000	207,302	1972	98,546	$ 13,505,824	$ 4,146,000	Flats On Burton Llc
First United Bank & Trust Co	2209 Woodland Ave, Austin, TX 78704	05/30/2025	$ 470,250	70,132	2024	66,406	$ 10,249,234	$ 1,402,632
Southern Bancorp Bank	711 Eberhart Ln, Austin, TX 78745	05/21/2025	$ 3,465,370	71,735	1972	14,432	$ 3,535,840	$ 1,434,680	Svag Amazon Llc
Garden State Hm Loans Inc	5515 Humming Bird Ln, Austin, TX 78745	05/14/2025	$ 188,300	21,710	2024	21,780	$ 9,147,600	$ 434,214
Berkadia Commercial Mtg Llc	5112 S 1 St, Austin, TX 78745	04/30/2025	$ 7,100,000	193,054	1982	66,764	$ 14,200,000	$ 2,895,780	Terrain Apartments Llc
Arixa Institutional Lndg Ptrs	2209 Woodland Ave, Austin, TX 78704	04/14/2025	$ 14,000,000	70,132	2024	66,406	$ 10,249,234	$ 1,402,632
Bellco Credit Union	1704 Nelms Dr, Austin, TX 78744	03/06/2025	$ 22,000,000	647,689	1996	287,740	$ 50,137,900	$ 1,943,067
Rga Reinsurance Co	122 Sheraton Ave, Austin, TX 78745	02/28/2025	$ 37,950,000	146,405	2022	210,375	$ 71,597,625	$ 4,392,155
Foundation Communities Inc	2105 Parker Ln, Austin, TX 78741	12/30/2024	$ 50,000	340,639	2024	129,310	$ 1,389,564	$ 3,406,390	-

Mean$ 20,039,550

Median$ 13,191,000.0

Loan Amount Range$ 50,000 - $ 60,000,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Showentries

Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5010 S CONGRESS AVE, AUSTIN, TX 78745-2203	LINE ELEVATOR	5122208773	ELEVATORS-SALES & SERVICE
5010 S CONGRESS AVE, AUSTIN, TX 78745-2203	SUR512 APARTMENTS	5125245100	REAL ESTATE INVESTMENTS
5010 S CONGRESS AVE, AUSTIN, TX 78745-2203	SUR512 APARTMENTS	5125245100	APARTMENTS
5010 S CONGRESS AVE # TX, AUSTIN, TX 78745-2203	SUR512	5125381740	APARTMENTS
5010 S CONGRESS AVE, AUSTIN, TX 78745-2203	LINE ELEVATOR	5125240452	ELEVATORS-SALES & SERVICE
5010 S CONGRESS AVE, AUSTIN, TX 78745-2203	SUR5121	5125240867	NONCLASSIFIED ESTABLISHMENTS

Showing 1 to 6 of 6 entries

Tenant Industry Distribution

Loading Tenants...

License Details

License Number

32093106915

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

1/9/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	CALI ETHERINGTON
	Address Line	5010 s congress ave
	City / State / Zip	austin TX 78745
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	78745
Registration Details	SOS Code

License Timeline

License Issued

1/9/2024

Currently Active

Status: -

Renewal Required

Loading License Details...