Approved and ReleasedDistrict 2
Cypress Creek Apartments at Stoney Ridge
Reference: W/R SP-2020-0207C
The applicant is proposing multi-family housing with associated improvements.
7121 ELROY RD, AUSTIN, TX, 78617 Site Plan AUSTIN LTD
Entitled100%
Timeline
Applied: Dec 7, 2021
Updated: May 13, 2025
Approved and Released
Step 5 of 5: Released βSite 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 multi-family housing with associated improvements.
Entitlement Timeline
Application Filed
+30dDecember 7, 2021
In Review
+139dJanuary 6, 2022
Approved
May 25, 2022
π°Property Tax Assessment
View on TCAD$54.69M
Property Value
Market, Appraised & Assessed values are equal
Land: $2.85M (5%)Improvements: $51.84M (95%)
π
Property Address (TCAD)
ELROY RD 78617
π€
Property Owner (TCAD)
TCHFC CYPRESS CREEK LAND LLC
Year Built:2023
Acres:13.07
Tax Year:2026
Type:MULTIFAMILY
Property Value History
Year-over-year assessed values from HCAD/TCAD records
| Tax Year | Land Value | Improvement | Market Value | Appraised | Trend |
|---|---|---|---|---|---|
| 2025 | $2,847,082 | $51,842,918 | β | $54,690,000 | |
| 2024 | $2,847,082 | $17,651,172 | β | $20,498,254 | |
| 2023 | $2,847,082 | $1,522,521 | β | $4,369,603 | |
| 2022 | $500,752 | $0 | β | $500,752 | |
| 2021 | $375,069 | $0 | β | $375,069 |
Deed History
Ownership transfer records for this property
Feb 22, 2022SW
STUART SHAW FAMILY PARTNERSHIP LTDβTCHFC CYPRESS CREEK LAND LLC
SPECIAL WARRANTY DEED
Jul 9, 2020SW
SR DEVELOPMENT INCβSTUART SHAW FAMILY PARTNERSHIP LTD
SPECIAL WARRANTY DEED
Mar 10, 2011WD
M C JOINT VENTUREβSR DEVELOPMENT INC
WARRANTY DEED
π€ Project Team
π Owner Contact
S
SR DEVELOPMENT INC
SR DEVELOPMENT INC
π Applicant Contact
B
Brandon O'Donald
Pape-Dawson Engineers
Nearby Site Plans
Sapp Site Plan
Withdrawn β’ AUSTIN β’ Mar 27, 2014
Sapp Site Plan
Expired β’ AUSTIN β’ May 12, 2014
Sapp Site Plan
Expired β’ AUSTIN β’ Jul 22, 2014
8216 ELROY ROAD
Expired β’ AUSTIN β’ May 28, 2018
Elroy
Expired β’ AUSTIN β’ Mar 22, 2018
KASA-Storage
Approved and Released β’ AUSTIN β’ Jul 11, 2023
Formula 1 United States - R2 Garage
Approved and Released β’ AUSTIN β’ Aug 12, 2025
Voice of the Cornerstone Church
Expired β’ DEL VALLE β’ Oct 24, 2021
Voice of the Cornerstone Church
Expired β’ DEL VALLE β’ Jan 4, 2024
Voice of the Cornerstone Church
Awaiting Update β’ DEL VALLE β’ Dec 31, 2025
Voice of the Cornerstone Church (W/R SP-2022-0483D)
Expired β’ DEL VALLE β’ Apr 19, 2024
Voice of the Cornerstone Church
Expired β’ DEL VALLE β’ Sep 25, 2022
Key Stakeholders
Zoning & Land Use
Current Zoning
MF-4 - MULTI FAMILY MODERATE
Existing Use
Vacant
Proposed Use
MultiFamily
Environmental & Geographic
Watershed ClassSuburban Watershed
School DistrictDEL VALLE ISD
Case Manager
Clarissa E. Davis
City of Austin Development Services
Explore Area
Case Details
Case Number12841836
Case TypeSite Plan
Sub TypeSite Plan Administrative
Permit NumberSP-2021-0455C.F1
JurisdictionAUSTIN LTD
TCAD ID0334361501
Property RSN5121403
Related Cases
Legal Description
STONEY RIDGE C-4 BLK A LOT 1