7171 Sw Pkwy, Austin, TX 78735 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 2006Total Assessed Value $197,387,683County Travis

Property Details

The Office property 7171 Sw Pkwy, Austin, TX 78735 is located in Travis County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $197,387,683.

The gross building area is 845,275 square feet and the land area is 2,560,762 square feet for this Office Building Low Rise 1 - 4 stories built in 2006.

Legal description: Lot 1 Blk U Lantana Lot 1 Block U

$197,387,683

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 7171 Sw Pkwy, Austin, TX 78735, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area845,275

Land Size2,560,762

Land Value$20,486,094

Improved Value$176,901,589

Total Assessed Value$197,387,683

Year Built2006

County NameTravis

Account Number726208

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Roof CoverWood shake or shingles

Type ConstructionOther

No of Stories4

Garage TypeOpen 962

Food & BeveragesRestaurant

UtilitiesConferencing Facility

Sales History

12/12/2018

Arms-length$280,000,000

Buyer

Summit Lantana Owner Lp

Seller

7171 Sw Parkway Associates Lp

Book Number

2018194676

Recording Date

12/12/2018

Transaction Details

Summit Lantana Owner Lp acquired the property from 7171 Sw Parkway Associates Lp through a Arms-length transaction on 12/12/2018 for $280,000,000.

12/10/2014

Arms-lengthNot Disclosed

Buyer

7171 Sw Parkway Associates Lp

Seller

Lantana Co Investor Reit Llc

Book Number

2014183590

Recording Date

12/10/2014

Transaction Details

7171 Sw Parkway Associates Lp acquired the property from Lantana Co Investor Reit Llc through a Arms-length transaction on 12/10/2014 for .

12/10/2014

Arms-length$200,000,000

Buyer

7171 Sw Parkway Associates Lp

Seller

7171 Southwest Parkway Holdings Lp

Book Number

2014.183589

Recording Date

12/10/2014

Transaction Details

7171 Sw Parkway Associates Lp acquired the property from 7171 Southwest Parkway Holdings Lp through a Arms-length transaction on 12/10/2014 for $200,000,000.

3/13/2013

Arms-lengthNot Disclosed

Buyer

Spear Street Capital

Seller

Advanced Micro Devices Inc

Book Number

2013053997

Recording Date

3/13/2013

Transaction Details

Spear Street Capital acquired the property from Advanced Micro Devices Inc through a Arms-length transaction on 3/13/2013 for .

1/25/2012

Other$528,000

Buyer

Charles Jamall

Seller

Grand Haven Homes Lp

Book Number

Recording Date

1/25/2012

Transaction Details

Charles Jamall acquired the property from Grand Haven Homes Lp through a Other transaction on 1/25/2012 for $528,000.

1/1/2008

Other$270,000,000

Buyer

Seller

Book Number

Recording Date

1/1/2008

Transaction Details

acquired the property from through a Other transaction on 1/1/2008 for $270,000,000.

4/26/2006

Arms-lengthNot Disclosed

Buyer

Advanced Micro Devices Inc

Seller

Stratus Properties Operating Co Lp

Book Number

2006.76039

Recording Date

4/26/2006

Transaction Details

Advanced Micro Devices Inc acquired the property from Stratus Properties Operating Co Lp through a Arms-length transaction on 4/26/2006 for .

Property constructed in 2006

YSale Price (USD) byXSales Year

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Mortgage History

8/6/2019

Helocs both purchase money and non purchase money helocs$154,000,000

Borrower

Summit Lantana Owner Lp

Lender

Pacific Life Insurance Co

Book Number

2019.118951

Recording Date

8/6/2019

Transaction Details

Summit Lantana Owner Lp borrowed the property from Pacific Life Insurance Co through a Helocs both purchase money and non purchase money helocs transaction on 8/6/2019 for $154,000,000.

12/10/2014

Arms length residential transactions purchase or resales$160,000,000

Borrower

7171 Sw Parkway Associates Lp

Lender

Hsbc Bank Usa

Book Number

2014.183591

Recording Date

12/10/2014

Transaction Details

7171 Sw Parkway Associates Lp borrowed the property from Hsbc Bank Usa through a Arms length residential transactions purchase or resales transaction on 12/10/2014 for $160,000,000.

7/3/2013

Sale$110,000,000

Borrower

Hpi Real Estate Services & Investments

Lender

Book Number

Recording Date

7/3/2013

Transaction Details

Hpi Real Estate Services & Investments borrowed the property from through a transaction on 7/3/2013 for $110,000,000.

Property constructed in 2006

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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	$20,486,094	$192,377,588	$212,863,682	$212,863,682	Summit Lantana Owner...	3700 Capital Of Texa...	Lot 1 Blk U Lantana ...	SW	S16398	2,560,762	845,274
2025	$20,486,094	$176,901,589	$197,387,683	$197,387,683	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	SW	S16398	2,560,762	845,274
2024	$20,486,094	$204,149,677	$224,635,771	$224,635,771	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	SW	S16398	2,560,762	845,275
2023	$20,486,094	$232,513,906	$253,000,000	$253,000,000	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	SW	S16398	2,560,762	845,275
2022	$20,486,094	$259,824,426	$280,310,520	$280,310,520	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	SW	S16398	2,560,762	845,275
2021	$20,486,094	$254,513,906	$275,000,000	$275,000,000	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	51SWE	S16398	2,560,762	845,275
2020	$20,486,094	$264,178,906	$284,665,000	$284,665,000	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	51SWE	S16398	2,560,762	845,275
2019	$20,486,094	$246,999,899	$267,485,993	$267,485,993	Summit Lantana Owner...	C/o Hpi Real Estate ...	Lot 1 Blk U Lantana ...	51SWE	S16398	2,560,762	845,275
2018	$20,486,094	$245,513,906	$266,000,000	$266,000,000	7171 Sw Parkway Asso...	% Spear Street Capit...	Lot 1 Blk U Lantana ...	51SWE	S16398	2,560,762	845,275
2017	$20,486,094	$235,192,240	$255,678,334	$255,678,334	7171 Sw Parkway Asso...	% Spear Street Capit...	Lot 1 Blk U Lantana ...	51SWE	S16398	2,560,762	845,274

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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 ↕
7171 Sw Pkwy, Austin, TX 78735	726208	Office	Office Building Low Rise 1 - 4 stories	Summit Lantana Owner Lp	Travis	-	$ 280,000,000	2018-12-12	$ 331.25	2006	845,275	-
13785 Research Blvd, Austin, TX 78750	R496857	Office	Office Building High Rise 5+ stories	Fpg Aspen Lake Owner Lp	Williamson	15.3	$ 44,791,645	2025-08-06	$ 94.40	2007	474,472	-
1250 S Capital Of Tx Hy, Austin, TX 78746	111182	Office	Office Building High Rise 5+ stories	Atx Office Owner 5 Lp	Travis	3.1	$ 44,838,232	2025-11-13	$ 156.29	1983	286,889	-
11044 Research Blvd, Austin, TX 78759	156314	Office	Office Building Low Rise 1 - 4 stories	Trea 11044 Research Blvd Llc	Travis	12.8	$ 33,100,000	2024-02-14	$ 130.46	1984	253,726	-
8200 W Interstate 10, San Antonio, TX 78230	1061301	Office	Office Building Low Rise 1 - 4 stories	Eos At Fountainhead Llc Co Kbs Realty Advisors Llc	Bexar	66.0	$ 17,556,000	2025-01-10	$ 44.39	1985	395,490	3
750 N St Paul St, Dallas, TX 75201	00000105172000000	Office	Office Building Low Rise 1 - 4 stories	750 Nsp Holdings Llc	Dallas	187.1	$ 88,690,295	2023-03-27	$ 297.62	1982	298,000	-
14651 Dallas Pkwy, Addison, TX 75254	10000936677009900	Office	Office Building Low Rise 1 - 4 stories	Jpprinceton Condos Llc	Dallas	197.0	$ 14,000,000	2023-11-10	$ 42.81	1981	327,024	-
12400 Coit Rd, Dallas, TX 75251	007752000A0080000	Office	Office Building Low Rise 1 - 4 stories	Churchill Tower Llc	Dallas	196.3	$ 5,320,000	2024-06-27	$ 18.11	1999	293,806	-
8111 Lbj Fwy, Dallas, TX 75251	0077560E0009B0000	Office	Office Building Low Rise 1 - 4 stories	Silver Star Cre Llc	Dallas	196.9	$ 10,319,603	2024-08-14	$ 38.07	1982	271,089	-
1500 N Greenville Ave, Richardson, TX 75081	420487200101A0000	Office	Office Building Low Rise 1 - 4 stories	Gcp Iii Collins Crossing	Dallas	200.7	$ 29,925,000	2024-01-26	$ 95.77	1998	312,464	-
1717 Main St, Dallas, TX 75201	00000101578000000	Office	Office Building Low Rise 1 - 4 stories	Srec 1717 Tower Owner Llc	Dallas	186.9	$ 216,477,860	2024-05-17	$ 123.47	1985	1,753,353	-

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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 ↕
—	7171 Sw Pkwy, Austin, TX 78735	—	-	2,560,762	2006	845,275	$ 197,387,683	$ 20,486,094	-
Carrollton Bank	4708 S Lamar Blvd, Austin, TX 78745	09/11/2025	$ 1,000,000	27,247	1967	2,840	$ 1,833,233	$ 817,403	-
Prosperity Bank	7416 W State Hy 71, Austin, TX 78735	08/27/2025	$ 10,000,000	381,716	1990	16,724	$ 6,541,377	$ 4,580,595	-
Truist Bank	2224 Walsh Tarlton Ln, Austin, TX 78746	07/15/2025	$ 18,887	239,928	1983	25,184	$ 4,083,030	$ 1,919,428	Texas Orthopedics Real Estate
American Bank Of Commerce	3006 Bee Cave Rd, Austin, TX 78746	06/05/2025	$ 1,900,000	200,376	1985	43,190	$ 5,482,899	$ 5,009,400	Palisades Office Park Lp
Plainscapital Bank	6001 W William Cannon Dr, Austin, TX 78749	05/08/2025	$ 4,200,000	318,685	2000	26,323	$ 11,081,225	$ 1,912,110	Oscondos Llc
Midfirst Bank	3711 S Mo Pac Expressway, Austin, TX 78745	05/08/2025	$ 29,068,000	720,918	2006	213,718	$ 29,000,000	$ 21,627,540	Bh 3711 S Mopac Expressway Llc
First United Bank & Trust Co	4544 S Lamar Blvd, Austin, TX 78745	02/24/2025	$ 6,080,514	43,172	1986	7,588	$ 1,712,047	$ 1,726,860
First United Bank & Trust Co	4544 S Lamar Blvd, Austin, TX 78745	02/24/2025	$ 6,080,514	51,087	1986	8,784	$ 1,981,886	$ 2,043,506
Horizon Bank Ssb	11412 Bee Cave Rd, Austin, TX 78746	02/12/2025	$ 4,720,000	108,900	2007	22,815	$ 4,898,638	$ 1,960,200	Sandalwood Preserve Llc
American Bank Of Commerce	3600 Bee Cave Rd, Austin, TX 78746	12/31/2024	$ 10,000,000	94,103	1985	19,075	$ 2,891,073	$ 2,352,600

Mean$ 7,573,151

Median$ 4,460,000.0

Loan Amount Range$ 6,007 - $ 30,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
7171 SOUTHWEST PKWY, AUSTIN, TX 78735-6139	ADVANCED MICRO DEVICES INC	5126021000	SEMICONDUCTOR DEVICES (MFRS)
7171 SOUTHWEST PKWY, AUSTIN, TX 78735-6139	GIZMOSPHERE INC	5126024322	NONCLASSIFIED ESTABLISHMENTS
7171 SOUTHWEST PKWY, AUSTIN, TX 78735-6139	ADVANTAGE SOLUTIONS	5124374800	MARKETING CONSULTANTS
7171 SOUTHWEST PKWY, AUSTIN, TX 78735-6139	AMD C O VOLT TECHNICAL RSRCS	5122196070	EMPLOYMENT SERVICE-EMPLOYEE LEASING
7171 SOUTHWEST PKWY, AUSTIN, TX 78735-6139	DAMEWARE DEVELOPMENT	9858717519	NONCLASSIFIED ESTABLISHMENTS
7171 SOUTHWEST PKWY BLDG 400, AUSTIN, TX 78735-0002	SOLAR WINDS INC	5126829300	COMPUTER-SOFTWARE DEVELOPERS
7171 SOUTHWEST PKWY BLDG 300-200, AUSTIN, TX 78735-6144	THERMON GROUP HOLDINGS INC	5126900600	ELECTRICAL INDSTRL APPARATUS NEC (MFRS)
7171 SOUTHWEST PKWY BLDG 100, AUSTIN, TX 78735-6140	H P I THE SUMMIT AT LANTANA	5122794826	PROPERTY MANAGEMENT-COMMERCIAL
7171 SOUTHWEST PKWY BLDG 300, AUSTIN, TX 78735-6140	NEWGISTICS	8322567050	SERVICES NEC

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License Details

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