6117 F M Rd 969, Austin, TX 78724 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2023Total Assessed Value $75,830,000County Travis

Property Details

The Apartments property 6117 F M Rd 969, Austin, TX 78724 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $75,830,000.

The gross building area is 306,658 square feet and the land area is 413,210 square feet for this Apartment High Rise (5+ stories) built in 2023.

Legal description: Abs 22 Sur 29 Tannehill J C Acr 9.486

$75,830,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,992

Avg Rent

Property Image of 6117 F M Rd 969, Austin, TX 78724, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area306,658

Land Size413,210

Land Value$5,784,954

Improved Value$70,045,046

Total Assessed Value$75,830,000

Year Built2023

County NameTravis

Account Number544746

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

PoolSwimming Pools

Type ConstructionWood

No of Stories1

Garage TypeCovered Parking/Carport

Bedrooms16

Bathrooms16

Wood DeckAvailable

Business Center1

Number of Units288

Sales History

6/1/2021

Arms-lengthNot Disclosed

Buyer

Op Ii Atx 6101 N Hwy 130 Land Ltd

Seller

Asero Holdings Corp

Book Number

2021.122648

Recording Date

6/1/2021

Transaction Details

Op Ii Atx 6101 N Hwy 130 Land Ltd acquired the property from Asero Holdings Corp through a Arms-length transaction on 6/1/2021 for .

3/8/2007

Arms-length$750,000

Buyer

Asero Holdings Corp

Seller

Traylor Realty Lp

Book Number

2007

Recording Date

3/8/2007

Transaction Details

Asero Holdings Corp acquired the property from Traylor Realty Lp through a Arms-length transaction on 3/8/2007 for $750,000.

4/16/1998

Arms-lengthNot Disclosed

Buyer

Traylor Realty Lp

Seller

Chapman John C

Book Number

13166/1697

Recording Date

4/16/1998

Transaction Details

Traylor Realty Lp acquired the property from Chapman John C through a Arms-length transaction on 4/16/1998 for .

Property constructed in 2023

YSale Price (USD) byXSales Year

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Mortgage History

1/25/2017

Arms length residential transactions purchase or resales$100,000

Borrower

Lender

Book Number

2017.15388

Recording Date

1/25/2017

Transaction Details

borrowed the property from through a Arms length residential transactions purchase or resales transaction on 1/25/2017 for $100,000.

5/2/2013

Sale$60,000

Borrower

Asero Holdings Corp

Lender

Book Number

Recording Date

5/2/2013

Transaction Details

Asero Holdings Corp borrowed the property from through a transaction on 5/2/2013 for $60,000.

10/25/2013

Non arms length transactions with valid title company name no accomodations$70,000

Borrower

Asero Enterprises Inc

Lender

The First National Bank Of Bastrop

Book Number

2013.196851

Recording Date

10/25/2013

Transaction Details

Asero Enterprises Inc borrowed the property from The First National Bank Of Bastrop through a Non arms length transactions with valid title company name no accomodations transaction on 10/25/2013 for $70,000.

8/12/2011

Sale$200,000

Borrower

Asero Enterprises Inc

Lender

Book Number

Recording Date

8/12/2011

Transaction Details

Asero Enterprises Inc borrowed the property from through a transaction on 8/12/2011 for $200,000.

3/8/2007

New construction residential transactions$600,000

Borrower

Asero Holdings Corp

Lender

First National Bank Of Bastrop

Book Number

2007.42661

Recording Date

3/8/2007

Transaction Details

Asero Holdings Corp borrowed the property from First National Bank Of Bastrop through a New construction residential transactions transaction on 3/8/2007 for $600,000.

Property constructed in 2023

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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	$5,784,954	$66,664,207	$72,449,161	$72,449,161	Ch Realty Ixop Ii Mf...	1209 N Orange St	Abs 22 Sur 29 Tanneh...	EC	A0022	413,211	306,658
2025	$5,784,954	$70,045,046	$75,830,000	$75,830,000	Ch Realty Ixop Ii Mf...	1209 N Orange St	Abs 22 Sur 29 Tanneh...	EC	A0022	413,211	306,658
2024	$5,784,954	$74,615,046	$80,400,000	$80,400,000	Op Ii Atx 6121 Fm 96...	500 W 5th St Ste 700	Abs 22 Sur 29 Tanneh...	EC	A0022	413,210	306,658
2023	$578,495	$33,361,005	$33,939,500	$33,939,500	Op Ii Atx 6121 Fm 96...	500 W 5th St Ste 700	Abs 22 Sur 29 Tanneh...	EC	A0022	413,210	360,052
2022	$578,495	-	$578,495	$578,495	Op Ii Atx 6121 Fm 96...	500 W 5th St Ste 700	Abs 22 Sur 29 Tanneh...	FE1	A0022	413,210	9,210
2021	$582,154	$247,751	$829,905	$829,905	Op Ii Atx 6121 Fm 96...	500 W 5th St Ste 700	Abs 22 Sur 29 Tanneh...	61FEA	A0022	415,824	9,210
2020	$582,154	$245,460	$827,614	$827,614	Asero Holdings Corp	6121 Fm 969	Abs 22 Sur 29 Tanneh...	61FEA	A0022	415,824	9,210
2019	$582,154	$245,460	$827,614	$827,614	Asero Holdings Corp	6121 Fm 969	Abs 22 Sur 29 Tanneh...	61FEA	A0022	415,824	9,210
2018	$582,154	$229,767	$811,921	$811,921	Asero Holdings Corp	6121 Fm 969	Abs 22 Sur 29 Tanneh...	61FEA	A0022	415,824	9,210
2017	$582,154	$233,515	$815,669	$815,669	Asero Holdings Corp	6121 Fm 969	Abs 22 Sur 29 Tanneh...	61FEA	A0022	415,824	9,210

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Showing 1 to 10 of 18 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 ↕
6117 F M Rd 969, Austin, TX 78724	544746	Apartments	Apartment High Rise (5+ stories)	Ch Realty Ixop Ii Mf Austin 183 Mlk Lp	Travis	-	-	-	-	2023	306,658	288
5629 N Lamar Blvd, Austin, TX 78751	228900	Apartments	Apartment High Rise (5+ stories)	Bg 20 North Lamar Property Owner Llc	Travis	4.7	$ 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	0.4	$ 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	7.7	$ 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	5.1	$ 40,299,000	2024-06-28	$ 165.30	1997	243,796	252
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
12601 Innovar Cir, Manor, TX 78653	944124	Apartments	Apartment High Rise (5+ stories)	Janis Atx Llc	Travis	6.8	$ 129,643,500	2024-12-20	$ 495.59	2024	261,594	1
10700 Genome Dr, Manor, TX 78653	938136	Apartments	Apartment High Rise (5+ stories)	Pleasanton Housing Finance	Travis	7.6	$ 45,220,000	2024-12-31	$ 202.26	2022	223,575	271
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
12000 Dessau Rd, Austin, TX 78754	502274	Apartments	Apartment High Rise (5+ stories)	Cws Canyon Llc & Beachwood Canyon	Travis	6.8	$ 34,670,440	2025-08-26	$ 148.29	2008	233,808	264
8110 Blue Goose Rd, Manor, TX 78653	956771	Apartments	Apartment High Rise (5+ stories)	Eightyone10 Blue Goose Lp	Travis	5.3	$ 42,014,700	2024-08-23	$ 148.86	2022	282,251	300

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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 ↕
—	6117 F M Rd 969, Austin, TX 78724	—	-	413,210	2023	306,658	$ 75,830,000	$ 5,784,954	-
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
Loanpeople Llc	4205 Speedway, Austin, TX 78751	03/10/2025	$ 153,840	19,502	1975	12,296	$ 4,672,480	$ 1,170,000
Readycap Coml Llc	2704 French Pl, Austin, TX 78722	11/27/2024	$ 2,005,000	15,202	1972	13,668	$ 3,690,360	$ 1,216,195	2704 French Place Llc
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
German American Cap Corp	1648 E 6 St, Austin, TX 78702	11/05/2024	$ 525,000,000	21,758	2018	56,952	$ 33,400,000	$ 3,264,000	Irp Indie Apartments Llc

Mean$ 59,718,799

Median$ 10,300,000.0

Loan Amount Range$ 65,190 - $ 525,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32038135854

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

11/11/2008

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ASERO STEEL SALES, INC.
	Address Line	740 bastrop hwy s
	City / State / Zip	austin TX 78741
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	78741
Registration Details	SOS Code

License Timeline

License Issued

11/11/2008

Currently Active

Status: -

Renewal Required

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