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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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Key Stakeholders

🏠
Owner
Stantec Consulting Services, Inc.
View full profile →
📝
Developer / Applicant
Stantec Consulting Services, Inc.
View full profile →

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

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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