10505 S Interstate Hy 35, Austin, TX 78728 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2002Total Assessed Value $75,215,450County Travis

Property Details

The Apartments property 10505 S Interstate Hy 35, Austin, TX 78728 is located in Travis County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $75,215,450.

The gross building area is 414,030 square feet and the land area is 2,437,513 square feet for this Apartment High Rise (5+ stories) built in 2002.

Legal description: 55.9576Ac Of Lot 1 Blk A Keesee Addn Sec 1

$75,215,450

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,495

Avg Rent

Property Image of 10505 S Interstate Hy 35, Austin, TX 78728, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area414,030

Land Size2,437,513

Land Value$18,281,340

Improved Value$56,934,110

Total Assessed Value$75,215,450

Year Built2002

County NameTravis

Account Number513751

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

FireplaceFireplace - Gas

HeatingHot water

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Roof CoverComposition shingle

Roof TypeHip

Type ConstructionWood

No of Stories3

Garage TypeAttached Garages,Covered Parking/Carport,Detached Garages

Bedrooms36

Bathrooms32

PatioAvailable

Social Activities1

Access Gates1

Business Center1

9ft Ceilings1

Vaulted Ceilings1

Outside Storage1

Walk-in Closets1

Emergency Maintenance1

Self Clean Ovens1

Electric Meter1

Number of Units452

Sales History

12/28/2023

Arms-length$279,811

Buyer

State Of Texas

Seller

Hsng Authority

Book Number

2023.144289

Recording Date

12/28/2023

Transaction Details

State Of Texas acquired the property from Hsng Authority through a Arms-length transaction on 12/28/2023 for $279,811.

1/13/2022

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

1/13/2022

Transaction Details

acquired the property from through a Other transaction on 1/13/2022 for .

12/1/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

12/1/2021

Transaction Details

acquired the property from through a Other transaction on 12/1/2021 for .

10/1/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

10/1/2021

Transaction Details

acquired the property from through a Other transaction on 10/1/2021 for .

7/19/2020

Other$70,000,000

Buyer

Housing Authority Of The City Of Austin

Seller

Book Number

Recording Date

7/19/2020

Transaction Details

Housing Authority Of The City Of Austin acquired the property from through a Other transaction on 7/19/2020 for $70,000,000.

6/27/2019

Arms-lengthNot Disclosed

Buyer

Housing Authority Of City Of Austin

Seller

Cl Stonegate Llc

Book Number

2019.95677

Recording Date

6/27/2019

Transaction Details

Housing Authority Of City Of Austin acquired the property from Cl Stonegate Llc through a Arms-length transaction on 6/27/2019 for .

6/27/2019

Arms-lengthNot Disclosed

Buyer

Cl Stonegate Llc

Seller

Book Number

2019.95676

Recording Date

6/27/2019

Transaction Details

Cl Stonegate Llc acquired the property from through a Arms-length transaction on 6/27/2019 for .

1/2/2016

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

1/2/2016

Transaction Details

acquired the property from through a Other transaction on 1/2/2016 for .

2/26/2015

Arms-lengthNot Disclosed

Buyer

Cl Stonegate Llc

Seller

Stonegate Corp

Book Number

2015.30113

Recording Date

2/26/2015

Transaction Details

Cl Stonegate Llc acquired the property from Stonegate Corp through a Arms-length transaction on 2/26/2015 for .

11/30/2004

Other$37,064,000

Buyer

Seller

Book Number

Recording Date

11/30/2004

Transaction Details

acquired the property from through a Other transaction on 11/30/2004 for $37,064,000.

Property constructed in 2002

YSale Price (USD) byXSales Year

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Mortgage History

3/2/2015

Sale$41,200,000

Borrower

Castle Lanterra

Lender

Book Number

Recording Date

3/2/2015

Transaction Details

Castle Lanterra borrowed the property from through a transaction on 3/2/2015 for $41,200,000.

Property constructed in 2002

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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	$18,281,340	$74,737,400	$93,018,740	$93,018,740	Housing Authority Ci...	1124 S Interstate 35	55.9576Ac Of Lot 1 B...	EXE	S07022	2,437,512	414,030
2025	$18,281,340	$56,934,110	$75,215,450	$75,215,450	Housing Authority Ci...	1124 S Interstate 35	55.9576Ac Of Lot 1 B...	EXE	S07022	2,437,513	414,030
2024	$18,281,340	$57,969,185	$76,250,525	$76,250,525	Housing Authority Ci...	1124 S Interstate Hw...	55.9576Ac Of Lot 1 B...	EXE	S07022	2,437,513	414,030
2023	$6,134,335	$48,931,136	$55,065,471	$55,065,471	Housing Authority Ci...	1124 S Interstate Hw...	Lot 1 Blk A Keesee A...	EXE	S07022	2,453,735	414,030
2022	$6,134,335	$37,742,832	$43,877,167	$43,877,167	Housing Authority Ci...	1124 S Interstate Hw...	Lot 1 Blk A Keesee A...	EXE	S07022	2,453,735	414,030
2021	$6,134,335	$50,710,200	$56,844,535	$56,844,535	Housing Authority Ci...	1124 S Interstate Hw...	Lot 1 Blk A Keesee A...	08EXE	S07022	2,453,735	414,030
2020	$6,134,335	$64,646,414	$70,780,749	$70,780,749	Housing Authority Ci...	1124 S Interstate Hw...	Lot 1 Blk A Keesee A...	08SE1	S07022	2,453,735	414,030
2019	$6,134,335	$59,531,713	$65,666,048	$65,666,048	Housing Authority Of...	1124 S Ih 35	Lot 1 Blk A Keesee A...	08SE1	S07022	2,453,735	414,030
2018	$6,134,335	$49,675,665	$55,810,000	$55,810,000	Cl Stonegate Llc & L...	Stonegate La Partner...	Lot 1 Blk A Keesee A...	08SE1	S07022	2,453,735	414,030
2017	$6,134,335	$50,789,465	$56,923,800	$56,923,800	Cl Stonegate Llc & L...	Stonegate La Partner...	Lot 1 Blk A Keesee A...	08SE1	S07022	2,453,735	414,030

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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 ↕
10505 S Interstate Hy 35, Austin, TX 78728	513751	Apartments	Apartment High Rise (5+ stories)	Housing Authority City Of Austin	Travis	-	-	-	-	2002	414,030	452
1215 W Slaughter Ln, Austin, TX 78748	532875	Apartments	Apartment High Rise (5+ stories)	Domain Iron Rock Apartments Llc	Travis	2.0	$ 70,759,990	2025-07-17	$ 223.52	2001	316,572	300
420 W Slaughter Ln, Austin, TX 78748	513069	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	1.7	$ 72,483,670	2024-08-26	$ 235.82	2006	307,374	308
4501 E Riverside Dr, Austin, TX 78741	445755	Apartments	Apartment High Rise (5+ stories)	Post Riverside Country Club Lp	Travis	7.0	$ 40,299,000	2024-06-28	$ 165.30	1997	243,796	252
6607 Brodie Ln, Austin, TX 78748	511568	Apartments	Apartment High Rise (5+ stories)	6607 Brodie Lane Owner Llc	Travis	5.1	$ 48,622,140	2024-06-17	$ 183.05	1996	265,628	291
810 W St Johns Ave, Austin, TX 78752	760829	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	13.9	$ 135,907,380	2025-02-12	$ 571.99	2008	237,603	562
5800 Techni Center Dr, Austin, TX 78721	783949	Apartments	Apartment High Rise (5+ stories)	Post Fort Branch Lp	Travis	11.7	$ 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	12.8	$ 68,960,500	2025-06-04	$ 292.86	2021	235,476	279
8640 8700 Shoal Creek Blvd, Austin, TX 78757	251469	Apartments	Apartment High Rise (5+ stories)	Oht Shoal Creek Lp	Travis	15.9	$ 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	17.8	$ 83,651,680	2025-08-19	$ 352.37	2013	237,395	279
7200 Easy Wind Dr, Austin, TX 78752	760837	Apartments	Apartment High Rise (5+ stories)	Housing Authority Of The	Travis	14.1	$ 135,907,380	2025-02-12	$ 718.09	2013	189,263	562

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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 ↕
—	10505 S Interstate Hy 35, Austin, TX 78728	—	-	2,437,513	2002	414,030	$ 75,215,450	$ 18,281,340	-
Mercy Community Capital	2101 Davis Ln, Austin, TX 78745	06/23/2025	$ 1,047,813	267,894	1999	44,168	$ 3,510,000	$ 1,071,576	Cobblestone Senior Housing Lim
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
Guardian Life Insurance Coame	11301 Farrah Ln, Austin, TX 78748	05/06/2025	$ 30,000,000	613,020	2013	243,351	$ 54,549,436	$ 12,260,398	Mfrevf Iiidouble Creek Lp
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
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	-
Texas Department Of Housing An	2105 Parker Ln, Austin, TX 78741	12/30/2024	$ 50,000	340,639	2024	129,310	$ 1,389,564	$ 3,406,390

Mean$ 20,876,724

Median$ 17,072,000.0

Loan Amount Range$ 50,000 - $ 60,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

Exempt- 32011167882

Agriculture & Timber Permit

Issued By

Agriculture_and_Timber_Exempti

State Authority

Issue Date

12/12/2023

Original Issuance

Expire Date

12/31/2027

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	MICHAEL J IRWIN
	Address Line
	City / State / Zip
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
Registration Details	SOS Code

License Timeline

License Issued

12/12/2023

Currently Active

Status: -

Renewal Required

12/31/2027

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