3809 S Congress Ave, Austin, TX 78704 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2008Total Assessed Value $98,410,000County Travis

Property Details

The Apartments property 3809 S Congress Ave, 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 $98,410,000.

The gross building area is 386,952 square feet and the land area is 294,975 square feet for this Apartment High Rise (5+ stories) built in 2008.

Legal description: Lot 20A & 21A Woodward Industrial District Amended Plat Of Lts 20&21

$98,410,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,369

Avg Rent

Property Image of 3809 S Congress Ave, Austin, TX 78704, Apartments

1 / 3

Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area386,952

Land Size294,975

Land Value$29,202,550

Improved Value$69,207,450

Total Assessed Value$98,410,000

Year Built2008

County NameTravis

Account Number734330

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space397

HeatingNone

PoolSwimming Pools

Roof TypeFlat

Type ConstructionOther

No of Stories4

Garage TypeCovered Parking/Carport,Parking Garage

Bedrooms10

Bathrooms10

PatioAvailable

Access Gates1

Business Center1

Outside Storage1

Walk-in Closets1

Steel Appliances1

Number of Units374

Sales History

9/1/2021

Arms-length$105,000,000

Buyer

Ko South Congress Owner De Llc

Seller

Sendera Soco Partners Lp

Book Number

2021190591

Recording Date

9/1/2021

Transaction Details

Ko South Congress Owner De Llc acquired the property from Sendera Soco Partners Lp through a Arms-length transaction on 9/1/2021 for $105,000,000.

8/31/2016

Arms-length$61,343,800

Buyer

Sendera Soco Partners Lp

Seller

Bvf Ii Soco Limited Partnership

Book Number

2016.144677

Recording Date

8/31/2016

Transaction Details

Sendera Soco Partners Lp acquired the property from Bvf Ii Soco Limited Partnership through a Arms-length transaction on 8/31/2016 for $61,343,800.

1/28/2011

Arms-lengthNot Disclosed

Buyer

Bvf Ii Soco Limited Partnership

Seller

Gst South Congress Lp

Book Number

2011.14896

Recording Date

1/28/2011

Transaction Details

Bvf Ii Soco Limited Partnership acquired the property from Gst South Congress Lp through a Arms-length transaction on 1/28/2011 for .

6/5/2006

Arms-length$17,346,300

Buyer

Gst South Congress Lp

Seller

South Congress Lp

Book Number

2006.113585

Recording Date

6/5/2006

Transaction Details

Gst South Congress Lp acquired the property from South Congress Lp through a Arms-length transaction on 6/5/2006 for $17,346,300.

Property constructed in 2008

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

8/31/2016

Helocs both purchase money and non purchase money helocs$49,075,000

Borrower

Sendera Soco Partners Lp

Lender

Berkeley Point Capital Llc

Book Number

2016.144678

Recording Date

8/31/2016

Transaction Details

Sendera Soco Partners Lp borrowed the property from Berkeley Point Capital Llc through a Helocs both purchase money and non purchase money helocs transaction on 8/31/2016 for $49,075,000.

4/12/2011

Sale$35,343,000

Borrower

Lender

Book Number

Recording Date

4/12/2011

Transaction Details

borrowed the property from through a transaction on 4/12/2011 for $35,343,000.

4/30/2007

Arms length residential transactions purchase or resales$795,000

Borrower

Gst South Congress Lp

Lender

Wachovia Bank Na

Book Number

2007078589

Recording Date

4/30/2007

Transaction Details

Gst South Congress Lp borrowed the property from Wachovia Bank Na through a Arms length residential transactions purchase or resales transaction on 4/30/2007 for $795,000.

6/5/2006

Arms length residential transactions purchase or resales$13,877,000

Borrower

Gst South Congress Lp

Lender

Wachovia Bank Na

Book Number

2006.113586

Recording Date

6/5/2006

Transaction Details

Gst South Congress Lp borrowed the property from Wachovia Bank Na through a Arms length residential transactions purchase or resales transaction on 6/5/2006 for $13,877,000.

Property constructed in 2008

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	$29,202,550	$64,602,419	$93,804,969	$93,804,969	Ko South Congress Ow...	71 Navarro St Ste 40...	Lot 20A & 21A Woodwa...	SC1	S16528	294,975	386,952
2025	$29,202,550	$69,207,450	$98,410,000	$98,410,000	Ko South Congress Ow...	71 Navarro St Ste 40...	Lot 20A & 21A Woodwa...	SC1	S16528	294,975	386,952
2024	$29,202,550	$81,597,450	$110,800,000	$110,800,000	Ko South Congress Ow...	71 Navarro St Ste 40...	Lot 20A & 21A Woodwa...	SC1	S16528	294,975	386,952
2023	$29,202,550	$83,397,450	$112,600,000	$112,600,000	Ko South Congress Ow...	71 Navarro St Ste 40...	Lot 20A & 21A Woodwa...	SC1	S16528	294,975	386,952
2022	$20,648,268	$84,351,732	$105,000,000	$105,000,000	Ko South Congress Ow...	71 Navarro St Ste 40...	Lot 20A & 21A Woodwa...	SC1	S16528	294,975	773,904
2021	$20,648,268	$65,341,065	$85,989,333	$85,989,333	Sendera Soco Partner...	Barton Oaks Plaza Ii...	Lot 20A & 21A Woodwa...	08SC1	S16528	294,975	386,952
2020	$20,648,268	$65,951,732	$86,600,000	$86,600,000	Sendera Soco Partner...	Barton Oaks Plaza Ii...	Lot 20A & 21A Woodwa...	08SC1	S16528	294,975	386,952
2019	$19,173,392	$61,211,644	$80,385,036	$80,385,036	Sendera Soco Partner...	Barton Oaks Plaza Ii...	Lot 20a & 21a Woodwa...	08SC1	S16528	294,975	386,952
2018	$14,748,763	$62,551,237	$77,300,000	$77,300,000	Sendera Soco Partner...	Barton Oaks Plaza Ii...	Lot 20a & 21a Woodwa...	08SC1	S16528	294,975	388,104
2017	$14,748,763	$60,746,237	$75,495,000	$75,495,000	Sendera Soco Partner...	Barton Oaks Plaza Ii...	Lot 20A & 21A Woodwa...	08SC1	S16528	294,975	388,104

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 ↕
3809 S Congress Ave, Austin, TX 78704	734330	Apartments	Apartment High Rise (5+ stories)	Ko South Congress Owner De Llc	Travis	-	$ 105,000,000	2021-09-01	$ 271.35	2008	386,952	374
1215 W Slaughter Ln, Austin, TX 78748	532875	Apartments	Apartment High Rise (5+ stories)	Domain Iron Rock Apartments Llc	Travis	5.0	$ 70,759,990	2025-07-17	$ 223.52	2001	316,572	300
4501 E Riverside Dr, Austin, TX 78741	445755	Apartments	Apartment High Rise (5+ stories)	Post Riverside Country Club Lp	Travis	2.4	$ 40,299,000	2024-06-28	$ 165.30	1997	243,796	252
420 W Slaughter Ln, Austin, TX 78748	513069	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	4.3	$ 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	3.9	$ 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	6.7	$ 34,384,490	2024-06-27	$ 143.05	2001	240,364	2
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	7.2	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
810 W St Johns Ave, Austin, TX 78752	760829	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	8.3	$ 135,907,380	2025-02-12	$ 571.99	2008	237,603	562
8640 8700 Shoal Creek Blvd, Austin, TX 78757	251469	Apartments	Apartment High Rise (5+ stories)	Oht Shoal Creek Lp	Travis	10.3	$ 4,522,000	2024-08-22	$ 15.75	2024	287,120	-
3201 Esperanza Xing, Austin, TX 78758	753265	Apartments	Apartment High Rise (5+ stories)	Gateway Mckenzie Inc	Travis	12.2	$ 83,651,680	2025-08-19	$ 352.37	2013	237,395	279
12100 Metric Blvd, Austin, TX 78758	262633	Apartments	Apartment High Rise (5+ stories)	Austin Housing Finance Corporation	Travis	12.9	$ 66,566,500	2024-11-25	$ 194.76	1997	341,789	384

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 ↕
—	3809 S Congress Ave, Austin, TX 78704	—	-	294,975	2008	386,952	$ 98,410,000	$ 29,202,550	-
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
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
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
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$ 16,921,000

Median$ 10,092,500.0

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 ↕
3801 S CONGRESS AVE, AUSTIN, TX 78704-8042	YOGA ILLUMINED	5126450434	YOGA INSTRUCTION
3801 S CONGRESS AVE STE 112, AUSTIN, TX 78704-8043	ALLSTATE INSURANCE	5129206556	INSURANCE
3801 S CONGRESS AVE STE 115, AUSTIN, TX 78704-8043	NU EDGE REALTY	5124412100	REAL ESTATE INSPECTION
3801 S CONGRESS AVE STE 115, AUSTIN, TX 78704-8043	NU EDGE REALTY	5124412100	REAL ESTATE
3801 S CONGRESS AVE STE 106, AUSTIN, TX 78704-8043	SIMMONS, JERALD H MD	5124405900	PHYSICIANS & SURGEONS
3801 S CONGRESS AVE STE 105, AUSTIN, TX 78704-8043	BLACK ORCHID SALON	5123261010	BEAUTY SALONS
3801 S CONGRESS AVE STE 113, AUSTIN, TX 78704-8043	VAPOR LOGIC BOUTIQUE	5124674584	ELECTRONIC CIGARETTES
3801 S CONGRESS AVE, AUSTIN, TX 78704-8042	STOMPIN GROUNDS	5123946999	COCKTAIL LOUNGES
3801 S CONGRESS AVE STE 106, AUSTIN, TX 78704-8043	PLAGENZ, KATE DMD	5126414469	DENTISTS
3801 S CONGRESS AVE STE 109, AUSTIN, TX 78704-8043	THUNDER CLOUD SUBS	5124477827	SANDWICHES

Showing 1 to 10 of 20 entries

Tenant Industry Distribution

Loading Tenants...

License Details

License Number

32082336333

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

5/20/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	AIM HIGHER LLC
	Address Line	3809 s congress ave apt 473
	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

License Timeline

License Issued

5/20/2022

Currently Active

Status: -

Renewal Required

Loading License Details...