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Home/Site Plans/Velocity Credit Union
✅ Approved and ReleasedDistrict 9

Velocity Credit Union

The applicant is proposing construction of a commercial building with parking, drive thru and other associated improvements.

📍 705 E 12TH ST, AUSTIN, TX, 78701📄 Site Plan🏛️ AUSTIN FULL PURPOSE
Entitled100%
Timeline
Applied: Nov 20, 2018
Updated: Nov 25, 2019

📊Site Plan Metrics

#12089560
FAR:—
Impervious:83.0%
Applied:Nov 20, 2018
Approved:Nov 25, 2019
✅

Approved and Released

Step 5 of 5: Released ✓

Site plan fully approved and released. All conditions cleared. Ready for construction permitting.

Next:Pull building permits to begin construction.

📋Scope of Work

The applicant is proposing construction of a commercial building with parking, drive thru and other associated improvements.

📅Entitlement Timeline

Application Filed
+30d
November 20, 2018
In Review
+340d
December 20, 2018
Approved
November 25, 2019

📍Location & Views

Open in MapsGet Directions|30.27153, -97.73352

💰Property Tax Assessment

View on TCAD
$14.25M
Property Value
Market, Appraised & Assessed values are equal
Land: $14.25M (100%)Improvements: — (0%)
📍
Property Address (TCAD)
705 E 12 ST 78701
👤
Property Owner (TCAD)
VELOCITY CREDIT UNION
Year Built:2020
Acres:1.08
Tax Year:2026
Type:COMMERCIAL IMPROVED

📈Property Value History

Year-over-year assessed values from HCAD/TCAD records

Tax YearLand ValueImprovementMarket ValueAppraisedTrend
2025$14,250,000$0—$14,250,000
2024$14,235,422$0—$14,235,422
2023$14,076,000$174,000—$14,250,000
2022$11,000,000$0—$11,000,000
2021$8,211,000$1,585,432—$9,796,432

📜Deed History

Ownership transfer records for this property

May 4, 2001SW
AVAYA INC→VELOCITY CREDIT UNION

SPECIAL WARRANTY DEED

Sep 30, 2000QD
MS MPG INC→AVAYA INC

QUIT CLAIM DEED

🤝 Project Team

🏠 Owner Contact
D
Debbie Mitchell
Velocity Credit Union
(512) 469-7000
📝 Applicant Contact
J
Juan Martinez
Stantec Consulting Services Inc.
(512) 328-0011

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Quick Links

City of Austin ABC PortalView Location (Satellite)Property Tax Records
Case #12089560

Zoning & Land Use

Current Zoning
999 - SEE COMMENTS
Existing Use
Office
Proposed Use
Bank

Environmental & Geographic

Watershed ClassUrban Watersheds
🎓 School DistrictAUSTIN ISD
Impervious Cover83.0%

Case Manager

👤
Jeremy Siltala
City of Austin Development Services

Location Intelligence

Businesses near the planned site

Central East Austin490 ft (149m) elevation

Franklin Barbecue

0.2 mi
Restaurant
4.7(7,056)
Upgrade to viewfranklinbarbecue.com

Stubb's Bar-B-Q

0.2 mi
Restaurant
4.3(6,812)
Upgrade to viewstubbsaustin.com

Esther's Follies

0.3 mi
4.8(1,942)
Upgrade to viewesthersfollies.com

Business data from Google

Explore Area

🏙️
AUSTIN
Directory by city
📮
ZIP 78701
Projects in this ZIP
🏛️
Council District 9
From site plan record
📍
Downtown
Neighborhood Plan

📌 Case Details

Case Number12089560
Case TypeSite Plan
Sub TypeSite Plan Administrative
Permit NumberSP-2018-0560C
JurisdictionAUSTIN FULL PURPOSE
TCAD ID0208051401
Property RSN879248

Legal Description

LOT 5-8 * PLUS ADJ 1/2 VAC ALLEY BLOCK 141 ORIGINAL CITY (TOTAL SQ FT 46920)

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