Mixed use · Austin, Texas
3906 & 3910 N Lamar
3906 & 3910 N Lamar is financed with a $4.0M CMBS loan at 5.05% that reaches maturity on August 1, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,000,000
- Original balance (same notes)
- $4,000,000
- Interest rate
- 5.05% fixed
- Originated
- July 11, 2019
- Maturity
- August 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 31, 2029
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3906 and 3910 North Lamar Boulevard, Austin, TX 78756
- Metro
- Austin-Round Rock-San Marcos, TX
- Rentable area
- 11,812 sq ft
- Built
- 1960
- Largest tenants
- Colorado River Group LLC; Mattress Firm; ATX Counseling
- Value at securitization
- $6.3M (Mar 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.79x | 2.07x |
| Occupancy | 95% | 94% |
| Net operating income (annualized from 6 months) | $366K | $426K |
| Debt yield | 10.6% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2019-BNK20 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Largest tenant's lease ends within 12 months
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 16% above the underwritten figure ($426K a year against $366K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.79x at securitization to 2.07x on the latest statements.
- The filing gives May 2027 as the lease end date for the largest tenant (Colorado River Group LLC), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.0M | Current | No | 2.07x | 94% |
| August 2026 | $4.0M | Current | No | 2.28x | 94% |
| July 2026 | $4.0M | Current | No | 2.28x | 94% |
| June 2026 | $4.0M | Current | No | 2.28x | 94% |
| May 2026 | $4.0M | Current | No | 2.08x | 94% |
| April 2026 | $4.0M | Current | No | 2.08x | 94% |
| March 2026 | $4.0M | Current | No | 2.11x | 94% |
| February 2026 | $4.0M | Current | No | 2.11x | 94% |
| January 2026 | $4.0M | Current | No | 2.11x | 94% |
| December 2025 | $4.0M | Current | No | 2.02x | 64% |
| November 2025 | $4.0M | Current | No | 2.02x | 64% |
| October 2025 | $4.0M | Current | No | 2.02x | 64% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2019-BNK20 | 50 | $4,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Austin-Round Rock-San Marcos loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Langdon at Walnut Park | Austin, TX | Multifamily | $55.0M | 6.257% | Sep 2029 | 0.84x | 91% | Current |
| SkyLoft Austin | Austin, TX | Multifamily | $36.0M | 4.283% | Mar 2029 | 3.06x | 87% | Current |
| Rialto I & Ii | Austin, TX | Office | $30.0M | 8.143% | Apr 2029 | 1.51x | 67% | Current |
| Villa Nueces | Austin, TX | Multifamily | $30.0M | 4.598% | Nov 2029 | n/a | n/a | Current |
| Springdale General | Austin, TX | Office | $24.5M | 4.76% | Jan 2029 | 3.18x | 100% | Current |
| Crystal Falls | Leander, TX | Retail | $21.2M | 4.15% | Jul 2029 | 2.28x | 96% | Current |
| Home2 Suites By Hilton Domain | Austin, TX | Hotel | $18.8M | 4.53% | Jul 2029 | n/a | n/a | Current |
| Kyle Crossings | Kyle, TX | Retail | $18.1M | 5.463% | Jan 2029 | 2.83x | 99% | Current |
All loans maturing in 2029 · All Austin-Round Rock-San Marcos loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.