1500 S Lamar Blvd, Austin, TX 78704 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2012Total Assessed Value $85,552,572County Travis

Property Details

The Apartments property 1500 S Lamar Blvd, Austin, TX 78704 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $85,552,572.

The gross building area is 263,050 square feet and the land area is 175,808 square feet for this Apartment High Rise (5+ stories) built in 2012.

Legal description: Lot 1 Blk A Post Cinco Subd

$85,552,572

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$907

Avg Rent

Property Image of 1500 S Lamar Blvd, Austin, TX 78704, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area263,050

Land Size175,808

Land Value$29,887,387

Improved Value$55,665,185

Total Assessed Value$85,552,572

Year Built2012

County NameTravis

Account Number771587

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space481

HeatingNone

PoolSwimming Pools

Roof CoverBuilt up

Roof TypeFlat

Type ConstructionOther

No of Stories4

Garage TypeCovered Parking/Carport,Parking Garage

Bedrooms29

Bathrooms30

Business Center1

School Bus Pickup1

Granite Countertops1

Steel Appliances1

Number of Units649

Elevator

Sales History

7/10/2007

Other$6,202,984

Buyer

Seller

Book Number

Recording Date

7/10/2007

Transaction Details

acquired the property from through a Other transaction on 7/10/2007 for $6,202,984.

Property constructed in 2012

YSale Price (USD) byXSales Year

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Mortgage History

11/19/2008

Arms length residential transactions purchase or resales$710,350

Borrower

Austin Sl Lp

Lender

Austin Housing Finance Corporation

Book Number

2009.19247

Recording Date

11/19/2008

Transaction Details

Austin Sl Lp borrowed the property from Austin Housing Finance Corporation through a Arms length residential transactions purchase or resales transaction on 11/19/2008 for $710,350.

Property constructed in 2012

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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	$29,887,387	$48,487,869	$78,375,256	$78,375,256	Midamerica Apartment...	6815 Poplar Ave Suit...	Lot 1 Blk A Post Cin...	SC	S17323	175,808	263,050
2025	$29,887,387	$55,665,185	$85,552,572	$85,552,572	Midamerica Apartment...	C/o Tax Dept 247800 ...	Lot 1 Blk A Post Cin...	SC	S17323	175,808	263,050
2024	$29,887,387	$60,946,674	$90,834,061	$90,834,061	Midamerica Apartment...	C/o Tax Dept 247800 ...	Lot 1 Blk A Post Cin...	SC	S17323	175,808	263,050
2023	$29,887,387	$69,402,592	$99,289,979	$99,289,979	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	SC	S17323	175,808	263,050
2022	$20,217,938	$64,082,062	$84,300,000	$84,300,000	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	SC	S17323	175,808	263,050
2021	$20,217,938	$48,282,062	$68,500,000	$68,500,000	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	08SC	S17323	175,808	263,050
2020	$17,580,816	$54,309,184	$71,890,000	$71,890,000	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	08SC	S17323	175,808	263,050
2019	$21,476,861	$46,653,139	$68,130,000	$68,130,000	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	08SC	S17323	175,808	263,050
2018	$15,822,734	$50,277,266	$66,100,000	$66,100,000	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	08SC	S17323	175,808	263,050
2017	$15,822,734	$49,906,266	$65,729,000	$65,729,000	Mid-america Apartmen...	C/o Tax Dept #247800...	Lot 1 Blk A Post Cin...	08SC	S17323	175,808	263,050

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Showing 1 to 10 of 17 entries

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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 ↕
1500 S Lamar Blvd, Austin, TX 78704	771587	Apartments	Apartment High Rise (5+ stories)	Midamerica Apartments Lp	Travis	-	$ 6,202,984	2007-07-10	$ 23.58	2012	263,050	649
4501 E Riverside Dr, Austin, TX 78741	445755	Apartments	Apartment High Rise (5+ stories)	Post Riverside Country Club Lp	Travis	2.9	$ 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	4.5	$ 48,622,140	2024-06-17	$ 183.05	1996	265,628	291
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	6.7	$ 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	6.6	$ 135,907,380	2025-02-12	$ 571.99	2008	237,603	562
420 W Slaughter Ln, Austin, TX 78748	513069	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	5.9	$ 72,483,670	2024-08-26	$ 235.82	2006	307,374	308
5800 Techni Center Dr, Austin, TX 78721	783949	Apartments	Apartment High Rise (5+ stories)	Post Fort Branch Lp	Travis	6.0	$ 34,384,490	2024-06-27	$ 143.05	2001	240,364	2
1215 W Slaughter Ln, Austin, TX 78748	532875	Apartments	Apartment High Rise (5+ stories)	Domain Iron Rock Apartments Llc	Travis	6.4	$ 70,759,990	2025-07-17	$ 223.52	2001	316,572	300
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	5.5	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
7631 W Hy U 290 S, Austin, TX 78736	315279	Apartments	Apartment High Rise (5+ stories)	S2 Vineyard Lp	Travis	7.3	$ 34,372,520	2024-06-06	$ 183.27	1999	187,554	202

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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 ↕
—	1500 S Lamar Blvd, Austin, TX 78704	—	-	175,808	2012	263,050	$ 85,552,572	$ 29,887,387	-
Amplify Credit Union	84 N Interstate Hy 35, Austin, TX 78701	06/13/2025	$ 1,471,400	17,651	2023	276,900	$ 109,508,744	$ 8,825,255
First United Bank & Trust Co	84 N Interstate Hy 35, Austin, TX 78701	05/29/2025	$ 420,000	17,651	2023	276,900	$ 109,508,744	$ 8,825,255
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
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
Brighthouse Life Insurance Co	404 Rio Grande St, Dallas, TX 75231	08/16/2024	$ 25,500,000	76,953	2003	138,473	$ 49,422,757	$ 14,669,089
First United Bank & Trust Co	84 N Interstate Hy 35, Austin, TX 78701	08/01/2024	$ 608,000	17,651	2023	276,900	$ 109,508,744	$ 8,825,255
Travis County Credit Union	1100 E Oltorf St 12, Austin, TX 78719	07/22/2024	$ 60,000,000	597,395	1968	168,363	$ 49,737,313	$ 47,791,593	Travis Park Preservation Llc
Guardian Mortgage Corp	84 N Interstate Hy 35, Austin, TX 78701	07/15/2024	$ 164,520	17,651	2023	276,900	$ 109,508,744	$ 8,825,255
Arvest Bank	84 N Interstate Hy 35, Austin, TX 78701	07/05/2024	$ 485,720	17,651	2023	276,900	$ 109,508,744	$ 8,825,255	-
First United Bank & Trust Co	84 N Interstate Hy 35, Austin, TX 78701	07/05/2024	$ 684,632	17,651	2023	276,900	$ 109,508,744	$ 8,825,255

Mean$ 5,438,330

Median$ 611,500.0

Loan Amount Range$ 95,105 - $ 60,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1500 S LAMAR BLVD APT 1061, AUSTIN, TX 78704-2943	JAZMIN III, CESAR	2025775977	PHYSICIANS & SURGEONS
1500 S LAMAR BLVD STE 120, AUSTIN, TX 78704-2949	PRETTY KITTY	5124427877	SPAS-BEAUTY & DAY
1500 S LAMAR BLVD APT 1061, AUSTIN, TX 78704-2943	JAZMIN III, CESAR	2025775977	PHYSICIANS ASSISTANTS
1500 S LAMAR BLVD, AUSTIN, TX 78704-2940	BIRD BOUTIQUE	5123232024	BOUTIQUE ITEMS-RETAIL
1500 S LAMAR BLVD STE 150, AUSTIN, TX 78704-0097	BARLATA TAPAS BAR	5124732211	RESTAURANTS
1500 S LAMAR BLVD STE 120, AUSTIN, TX 78704-2949	PRETTY KITTY	5124427877	BEAUTY SALONS
1500 S LAMAR BLVD STE 120, AUSTIN, TX 78704-2949	PRETTY KITTY	5124427877	SKIN TREATMENTS
1500 S LAMAR BLVD STE 120, AUSTIN, TX 78704-2949	PRETTY KITTY	5124427877	PATIO & DECK BUILDERS
1500 S LAMAR BLVD STE 110, AUSTIN, TX 78704-2949	IT'S ITALIAN CUCINA	5124828655	RESTAURANTS
1500 S LAMAR BLVD, AUSTIN, TX 78704-2940	POST SOUTH LAMAR	5124459797	APARTMENTS

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Tenant Industry Distribution

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License Details

License Number

32093384595

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/23/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	LAW FIRM OF ROBERT BLAKE BARRO
	Address Line	1500 s lamar blvd apt 1040
	City / State / Zip	austin TX 78704
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	78704
Registration Details	SOS Code	A

License Timeline

License Issued

1/23/2024

Currently Active

Status: -

Renewal Required

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