615 W 7 St, Austin, TX 78701 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2013Total Assessed Value $87,818,230County Travis

Property Details

The Apartments property 615 W 7 St, Austin, TX 78701 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $87,818,230.

The gross building area is 203,366 square feet and the land area is 25,483 square feet for this Apartment High Rise (5+ stories) built in 2013.

Legal description: Lot 6A Block 075 Original City Amended Plat Of Lots 5&6 & Lots 7-8 Block 075 Original City

$87,818,230

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$3,813

Avg Rent

Property Image of 615 W 7 St, Austin, TX 78701, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area203,366

Land Size25,483

Land Value$6,857,368

Improved Value$80,960,862

Total Assessed Value$87,818,230

Year Built2013

County NameTravis

Account Number807118

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

FireplaceFireplace - Gas,Fireplace - Wood Burning

Parking Space500

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeParking Garage

Bedrooms13

Bathrooms13

PatioAvailable

Storage RoomAvailable

Access Gates1

Business Center1

Walk-in Closets1

10ft Ceilings1

Number of Units220

Sales History

11/1/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

11/1/2021

Transaction Details

acquired the property from through a Other transaction on 11/1/2021 for .

6/10/2020

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

6/10/2020

Transaction Details

acquired the property from through a Other transaction on 6/10/2020 for .

9/19/2017

Arms-length$56,625,000

Buyer

Gs Rio Lp

Seller

Monogram Residential Rio Project Owner L

Book Number

2017.153613

Recording Date

9/19/2017

Transaction Details

Gs Rio Lp acquired the property from Monogram Residential Rio Project Owner L through a Arms-length transaction on 9/19/2017 for $56,625,000.

3/1/2017

Other$89,300,000

Buyer

Seller

Book Number

Recording Date

3/1/2017

Transaction Details

acquired the property from through a Other transaction on 3/1/2017 for $89,300,000.

10/20/2016

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

10/20/2016

Transaction Details

acquired the property from through a Other transaction on 10/20/2016 for .

12/15/2011

Arms-lengthNot Disclosed

Buyer

Behringer Harvard Rio Project Owner Lp

Seller

Cws 7 Rio Lp

Book Number

2011184174

Recording Date

12/15/2011

Transaction Details

Behringer Harvard Rio Project Owner Lp acquired the property from Cws 7 Rio Lp through a Arms-length transaction on 12/15/2011 for .

3/31/2006

Arms-length$675,000

Buyer

Lowa Ltd

Seller

M & M Katz Inc

Book Number

2006.61363

Recording Date

3/31/2006

Transaction Details

Lowa Ltd acquired the property from M & M Katz Inc through a Arms-length transaction on 3/31/2006 for $675,000.

Property constructed in 2013

YSale Price (USD) byXSales Year

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Mortgage History

9/19/2017

New construction residential transactions$45,300,000

Borrower

Gs Rio Lp

Lender

Walker & Dunlop Llc

Book Number

2017.153614

Recording Date

9/19/2017

Transaction Details

Gs Rio Lp borrowed the property from Walker & Dunlop Llc through a New construction residential transactions transaction on 9/19/2017 for $45,300,000.

3/31/2006

Helocs both purchase money and non purchase money helocs$540,000

Borrower

Lowa Ltd

Lender

Citibank Texas Na

Book Number

2006.61364

Recording Date

3/31/2006

Transaction Details

Lowa Ltd borrowed the property from Citibank Texas Na through a Helocs both purchase money and non purchase money helocs transaction on 3/31/2006 for $540,000.

Property constructed in 2013

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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	$11,467,170	$76,226,929	$87,694,099	$87,694,099	Gs Rio Lp	Ste 300 750 Bering D...	Lot 6A Block 075 Ori...	HIR	S17923	25,483	203,366
2025	$6,857,368	$80,960,862	$87,818,230	$87,818,230	Gs Rio Lp	Ste 300 750 Bering D...	Lot 6A Block 075 Ori...	HIR	S17923	25,483	203,366
2024	$6,857,368	$81,902,632	$88,760,000	$88,760,000	Gs Rio Lp	Ste 300 750 Bering D...	Lot 6A Block 075 Ori...	HIR	S17923	25,483	203,366
2023	$6,447,098	$80,052,902	$86,500,000	$86,500,000	Gs Rio Lp	Ste 300 750 Bering D...	Lot 6A Block 075 Ori...	HIR	S17923	25,483	203,366
2022	$6,447,098	$83,248,788	$89,695,886	$89,695,886	Gs Rio Lp	Ste 300 750 Bering D...	Lot 6A Block 075 Ori...	HIR	S17923	25,483	203,366
2021	$6,447,098	$71,452,902	$77,900,000	$77,900,000	Gs Rio Lp	Ste 300 750 Bering D...	Lot 6A Block 075 Ori...	08HIR	S17923	25,483	203,366
2020	$6,447,098	$81,352,902	$87,800,000	$87,800,000	Gs Rio Lp	465 Meeting St # 500	Lot 6A Block 075 Ori...	08HIR	S17923	25,483	203,366
2019	$6,447,098	$81,052,902	$87,500,000	$87,500,000	Gs Rio Lp	465 Meeting St # 500	Lot 6a Block 075 Ori...	08HIR	S17923	25,483	203,366
2018	$6,447,098	$81,032,902	$87,480,000	$87,480,000	Gs Rio Lp	18 Broad St, Ste 300	Lot 6a Block 075 Ori...	08HIR	S17923	25,483	203,366
2017	$6,447,098	$76,466,402	$82,913,500	$82,913,500	Monogram Residential...	5800 Granite Pkwy St...	Lot 6A Block 075 Ori...	08HIR	S17923	25,483	203,366

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Showing 1 to 10 of 15 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 ↕
615 W 7 St, Austin, TX 78701	807118	Apartments	Apartment High Rise (5+ stories)	Gs Rio Lp	Travis	-	$ 56,625,000	2017-09-19	$ 278.44	2013	203,366	220
5453 Burnet Rd, Austin, TX 78756	229557	Apartments	Apartment High Rise (5+ stories)	Us Reif Burnet Flats Apts Texas Llc	Travis	4.2	$ 27,930,000	2025-09-09	$ 196.20	2013	142,352	179
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	4.0	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
5800 Techni Center Dr, Austin, TX 78721	783949	Apartments	Apartment High Rise (5+ stories)	Post Fort Branch Lp	Travis	4.8	$ 34,384,490	2024-06-27	$ 143.05	2001	240,364	2
827 W 12 St, Austin, TX 78701	196630	Apartments	Apartment High Rise (5+ stories)	827 West 12th Street Llc	Travis	0.4	$ 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
8640 8700 Shoal Creek Blvd, Austin, TX 78757	251469	Apartments	Apartment High Rise (5+ stories)	Oht Shoal Creek Lp	Travis	7.2	$ 4,522,000	2024-08-22	$ 15.75	2024	287,120	-
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	5.2	$ 135,907,380	2025-02-12	$ 718.09	2013	189,263	562
810 W St Johns Ave, Austin, TX 78752	760829	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	5.1	$ 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	7.4	$ 72,483,670	2024-08-26	$ 235.82	2006	307,374	308
6607 Brodie Ln, Austin, TX 78748	511568	Apartments	Apartment High Rise (5+ stories)	6607 Brodie Lane Owner Llc	Travis	6.0	$ 48,622,140	2024-06-17	$ 183.05	1996	265,628	291

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	615 W 7 St, Austin, TX 78701	—	-	25,483	2013	203,366	$ 87,818,230	$ 6,857,368	-
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
Gs Go Ii Reit Llc	1909 Rio Grande St, Austin, TX 78705	03/19/2025	$ 214,800,000	21,249	2017	165,708	$ 76,967,296	$ 4,780,928	2025 Student Ii Ll Llc
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
American Bank Na	1012 Baylor St, Austin, TX 78703	09/15/2024	$ 3,500,000	29,329	2025	45,000	$ 18,882,300	$ 4,401,260	Colorfield Llc
United Wholesale Mortgage Llc	915 W 21 St, Austin, TX 78705	08/29/2024	$ 176,000	6,199	1938	4,672	$ 1,915,520	$ 930,000
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
Usam Fund 3 Llc	1200 Enfield Rd, Austin, TX 78703	07/31/2024	$ 389,500	20,316	1970	11,030	$ 3,750,200	$ 3,047,568	Governors Mansion Llc

Mean$ 9,836,542

Median$ 501,797.5

Loan Amount Range$ 95,105 - $ 214,800,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

4813JU

PLEASURE

Issued By

Boat JETSURF- RACE TITANIUM E

State Authority

Issue Date

11/4/2020

Original Issuance

Expire Date

2/28/2025

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	OLEG PACHKOVETS
	Address Line	615 w 7th st apt 2213
	City / State / Zip	austin TX 78701
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	78701
Registration Details	SOS Code

License Timeline

License Issued

11/4/2020

Currently Active

Status: -

Renewal Required

2/28/2025

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