5521 Springdale Rd, Austin, TX 78723 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2021Total Assessed Value $71,614,307County Travis

Property Details

The Apartments property 5521 Springdale Rd, Austin, TX 78723 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $71,614,307.

The gross building area is 206,250 square feet and the land area is 261,360 square feet for this Apartment High Rise (5+ stories) built in 2021.

Legal description: Abs 22 Sur 29 Tannehill J C Acr 6.000

$71,614,307

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,718

Avg Rent

Property Image of 5521 Springdale Rd, Austin, TX 78723, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area206,250

Land Size261,360

Land Value$10,454,400

Improved Value$61,159,907

Total Assessed Value$71,614,307

Year Built2021

County NameTravis

Account Number212201

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionOther

No of Stories1

Garage TypeAttached Garages

Bedrooms8

Bathrooms9

PatioAvailable

9ft Ceilings1

Walk-in Closets1

Concierge1

Granite Countertops1

Steel Appliances1

Refrigerator1

Number of Units251

Sales History

6/5/2019

Arms-lengthNot Disclosed

Buyer

Crp Maple Springdale Owner Lp

Seller

5521 Springdale Llc

Book Number

2019.81964

Recording Date

6/5/2019

Transaction Details

Crp Maple Springdale Owner Lp acquired the property from 5521 Springdale Llc through a Arms-length transaction on 6/5/2019 for .

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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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	$10,454,400	$40,744,705	$51,199,105	$51,199,105	Se Springdale Llc	111 Great Neck Rd St...	Abs 22 Sur 29 Tanneh...	NE	A0022	261,360	206,250
2025	$10,454,400	$61,159,907	$71,614,307	$71,614,307	Se Springdale Llc	111 Great Neck Rd St...	Abs 22 Sur 29 Tanneh...	NE	A0022	261,360	206,250
2024	$10,454,400	$56,385,600	$66,840,000	$66,840,000	Se Springdale Llc	111 Great Neck Rd St...	Abs 22 Sur 29 Tanneh...	NE	A0022	261,360	206,250
2023	$10,454,400	$65,545,600	$76,000,000	$76,000,000	Se Springdale Llc	111 Great Neck Rd St...	Abs 22 Sur 29 Tanneh...	NE	A0022	261,360	206,250
2022	$2,090,880	$24,903,450	$26,994,330	$26,994,330	Crp/maple Springdale...	5521 Springdale Rd	Abs 22 Sur 29 Tanneh...	NE	A0022	261,360	206,250
2021	$2,090,880	$5,825,531	$7,916,411	$7,916,411	Crp/maple Springdale...	5521 Springdale Rd	Abs 22 Sur 29 Tanneh...	08NE	A0022	261,360	206,250
2020	$2,090,880	-	$2,090,880	$2,090,880	Crp/maple Springdale...	5521 Springdale Rd	Abs 22 Sur 29 Tanneh...	1EA3	A0022	261,360	-
2019	$2,090,880	-	$2,090,880	$2,090,880	Crp/maple Springdale...	5521 Springdale Rd	Abs 22 Sur 29 Tanneh...	1EA3	A0022	261,360	-
2018	$522,720	-	$522,720	$522,720	Kingdom Of God Chris...	Po Box 81947	Abs 22 Sur 29 Tanneh...	1EA3	A0022	261,360	-
2017	$522,720	-	$522,720	$522,720	Kingdom Of God Chris...	Po Box 81947	Abs 22 Sur 29 Tanneh...	1EA3	A0022	261,360	-

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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 ↕
5521 Springdale Rd, Austin, TX 78723	212201	Apartments	Apartment High Rise (5+ stories)	Se Springdale Llc	Travis	-	-	-	-	2021	206,250	251
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	4.1	$ 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	4.5	$ 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	4.0	$ 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	3.7	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
827 W 12 St, Austin, TX 78701	196630	Apartments	Apartment High Rise (5+ stories)	827 West 12th Street Llc	Travis	4.8	$ 15,960,000	2024-07-17	$ 134.34	2022	118,800	144
5800 Techni Center Dr, Austin, TX 78721	783949	Apartments	Apartment High Rise (5+ stories)	Post Fort Branch Lp	Travis	1.3	$ 34,384,490	2024-06-27	$ 143.05	2001	240,364	2
8640 8700 Shoal Creek Blvd, Austin, TX 78757	251469	Apartments	Apartment High Rise (5+ stories)	Oht Shoal Creek Lp	Travis	6.5	$ 4,522,000	2024-08-22	$ 15.75	2024	287,120	-
4501 E Riverside Dr, Austin, TX 78741	445755	Apartments	Apartment High Rise (5+ stories)	Post Riverside Country Club Lp	Travis	5.5	$ 40,299,000	2024-06-28	$ 165.30	1997	243,796	252
3201 Esperanza Xing, Austin, TX 78758	753265	Apartments	Apartment High Rise (5+ stories)	Gateway Mckenzie Inc	Travis	7.7	$ 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	7.6	$ 66,566,500	2024-11-25	$ 194.76	1997	341,789	384

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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 ↕
—	5521 Springdale Rd, Austin, TX 78723	—	-	261,360	2021	206,250	$ 71,614,307	$ 10,454,400	-
Acre Originator Llc	4617 Tannehill Ln, Austin, TX 78721	09/11/2025	$ 47,500,000	540,580	2022	250,800	$ 81,000,000	$ 10,811,592
Verabank Na	1230 E 38 1/2 St, Austin, TX 78722	09/04/2025	$ 7,800,000	89,298	1969	50,551	$ 9,868,641	$ 4,464,900	1230 East 38th Lp
Readycap Commercial Llc	2515 Manor Rd, Austin, TX 78722	08/29/2025	$ 2,766,000	38,568	1985	26,109	$ 7,049,430	$ 3,085,285	F & B 2515 Manor Rd Llc
Readycap Commercial Llc	2408 Manor Rd, Austin, TX 78722	08/29/2025	$ 3,508,000	55,670	1985	31,674	$ 8,551,980	$ 4,453,520	F & B 2408 Manor Rd Llc
Loanpeople Llc	4205 Speedway, Austin, TX 78751	07/18/2025	$ 147,750	19,502	1975	12,296	$ 4,672,480	$ 1,170,000
Lrecs Holdings Iia Llc	824 Camino La Costa, Austin, TX 78752	06/30/2025	$ 22,325,000	264,845	2011	94,248	$ 29,400,976	$ 7,945,344	Firmus Centro Llc
Bredif Ms Seller Llc	5629 N Lamar Blvd, Austin, TX 78751	06/04/2025	$ 51,850,000	145,451	2021	235,476	$ 68,370,649	$ 12,363,335	Atlas North Lamar Lp
Loanpeople Llc	4205 Speedway, Austin, TX 78751	03/10/2025	$ 153,840	19,502	1975	12,296	$ 4,672,480	$ 1,170,000
Berkadia Commercial Mtg Llc	1088 Park Plaza, Austin, TX 78753	12/20/2024	$ 23,075,000	1,017,213	1996	238,200	$ 41,208,600	$ 3,051,639	Fp Affordable Housing Lp
Prosperity Bank	1142 Gunter St, Austin, TX 78721	11/06/2024	$ 1,000,000	16,139	2024	16,000	$ 4,800,000	$ 293,965	Omniat Llc

Mean$ 28,856,261

Median$ 10,300,000.0

Loan Amount Range$ 65,190 - $ 185,399,000

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Tenant Details

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License Details

License Number

32093357278

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/19/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	CAFE QADEER LLC
	Address Line	5521 springdale rd apt 4308
	City / State / Zip	austin TX 78723
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	78723
Registration Details	SOS Code	A

License Timeline

License Issued

1/19/2024

Currently Active

Status: -

Renewal Required

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