Resume

Commercial Appraiser Austin, Texas

QUALIFICATIONS OF STEVEN L. ADAMS

Since 1979, Mr. Adams has been active in the Texas real estate community in real estate appraisal, brokerage, property management, investments, and land predevelopment (entitlement).  The following lists experience by time periods and affiliations.

Steven L. Adams, MAI, SRA

Steven Adams - Owner - Texas Commercial Appraisal standing in front of Tree smiling

Professional Experience by Date

September 1979 – March 1984         Independent fee appraiser with T.E. Wiley Company.
March 1984 – October 1993             Owner and President of S.L. Adams Company, Inc., a real estate appraisal firm.  Sold S.L. Adams Company, Inc. to concentrate on other business interests and remained
as an independent consultant and appraiser.
October 1993 – February 1995        Senior Appraiser S.L. Adams Company, Inc.
February 1995 to December 2005   Owner and President of Steven L. Adams Real Estate
Appraisals.  Started new appraisal company after non-
compete clause expired.  Active in appraisals, brokerage,
investments, and predevelopment.
December 2005 to December 2011  Focus on real estate investments and brokerage
December 2011 to present               Real estate appraisal work, brokerage, and investments
  Professional Experience by Type  
Appraisals      Over 7,000 commercial, farm and ranch, & residential appraisals completed
Principal        Principal ownership in over 50 different properties during 1979 – 2010
Real Estate    Appraisal, brokerage, investments, predevelopment and entitlement,
property management, and real estate consulting

Professional Associations and Honors

Real Estate Broker’s License, State of Texas No. 254277 1979 – present
Real Estate Appraisal General Certification, State of Texas No. 1321757 G
Member Appraisal Institute (MAI) No. 7627 1987 – 2006, 2014 – present
Austin Chapter Appraisal Institute Member 1980 – 2006, 2014 – present
Senior Residential Appraiser (SRA) 1983 – 2006, 2014 – present
Austin Board of Realtors Member 1984 – 1993, 1996 – 2006, 2017 – present
Ft. Hood Board of Realtors Member 2017 – 2020
Texas Association of Realtors Member 1984 – 1993, 1996 – 2006, 2017 – present
National Association of Realtors Member 1984 – 1993, 1996 – 2006, 2017 – present
Texas Property Tax Consultant, Registration Number 11151 2012 – 2013
University of Texas Beta Gamma Sigma Business Scholastic Society
Advisor Boy Scout Explorer Post 69 1989 – 1993
Graduate Wood Badge Management Course December 1978
National Eagle Scout Association Life Member
Boy Scouts Order of the Arrow Honor Camping Society Member
Qualifications of Steven L. Adams continued
Staff Instructor Scout Leader Basic Training October/November 1985
Boy Scouts Order of the Arrow Honor Camping Society Member
Qualifications of Steven L. Adams continued
Staff Instructor Scout Leader Basic Training October/November 1985University of Texas Phi Beta Sigma Scholastic and Honor Society
University of Texas Phi Eta Sigma Scholastic and Honor Society
Eagle Scout Awarded March 1975
Assistant Scoutmaster Boy Scout Troop 46 1975 – 1984
Scoutmaster Boy Scout Troop 46 1984 – 1989 Team Leader Marketing Consultant Group, Community Advisory Service, University of Texas September 1978 – May 1979
Education Committee Member Society of Real Estate Appraisers Austin Chapter 80 1983 – 1986
Chairman Society of Real Estate Appraisers Course 101 January/February 1985
Co-Chairman Public Relations Committee Society of Real Estate Appraisers Chapter 80 1985 – 1986
Assistant Leader Girl Scout Troop 194, Austin International School Sponsor  November 2006 – December 2016
Co-Leader Girl Scout Troop 1192, Summit Christian Academy Sponsor  September 2013 –present

Educational Background

Graduate Round Rock High School, Round Rock, Texas May 1975
BBA Finance Summa Cum Laude University of Texas at Austin May 1979
Passed Society of Real Estate Appraisers Course 101, Principles of Residential Property Valuation
Passed Society of Real Estate Appraisers Course 102, Applied Residential Property Valuation
Passed Society of Real Estate Appraisers Course 201, Principles of Income Property Appraising
Passed Society of Real Estate Appraisers Course 202, Applied Income Property Appraising
Passed American Institute of Real Estate Appraisers Course 1A1, Real Estate Appraisal Principles
Passed American Institute of Real Estate Appraisers Course 1A2, Basic Valuation Procedures
Passed American Institute of Real Estate Appraisers Course 1B1, Capitalization Theory & Technique, Part 1 Passed American Institute of Real Estate Appraisers Course 1B2, Capitalization Theory & Technique, Part 2
Passed American Institute of Real Estate Appraisers Course 1BB, Capitalization Theory & Technique, Part B (Part 3)
Passed American Institute of Real Estate Appraisers Course 2-1, Case Studies in Real Estate Valuation
Passed American Institute of Real Estate Appraisers Course 2-2, Valuation Analysis and Report Writing
Passed American Institute of Real Estate Appraisers Course 2-3, Standards of Professional Practice

Educational Background continued

Passed American Institute of Real Estate Appraisers Course 3, Rural Valuation
Passed American Institute of Real Estate Appraisers Income Producing Property Demonstration Report
Passed American Institute of Real Estate Appraisers Non-Income Producing Property Demonstration Report
Passed American Institute of Real Estate Appraisers Comprehensive Examination
Attended American Institute of Real Estate Appraisers Interest Rate Seminar
Passed American Institute of Real Estate Appraisers Course 2-3, Standards of Professional Practice July 1990
Passed Appraisal Institute Course 310 Basic Capitalization August 1993
Passed Appraisal Institute Course 410 Standards of Professional Practice August 1993
Passed Appraisal Institute Course 420 Standards of Professional Practice August 1993
Attended American Management Seminar International Joint Ventures and Strategic Alliances November 1995
Passed Lincoln Graduate Center Standards of Professional Practice Course December 1995
Passed Lincoln Graduate Center Farm and Land Appraisal Course December 1995
Passed Lincoln Graduate Center Standards of Professional Practice Course September 1997
Passed Lincoln Graduate Center Environmental Site Assessment Course December 1997
Passed Appraisal Institute Part C (Course 430) Standards of Professional Practice October 1998
Passed Lincoln Graduate Real Estate Appraisal Principles Course January 1999
Passed Lincoln Graduate Practice of Real Estate Appraisal Course February 1999
Passed McKissock Vacant Land Appraisal Course April 2001
Passed McKissock The Appraiser as Expert Witness Course April 2001
Passed McKissock Real Estate Fraud and The Appraiser’s Role Course April 2001
Passed McKissock Current Issues in Appraising Course April 2001
Passed Appraisal Institute Part C (Course 430) Standards of Professional Practice October 2001
Passed McKissock National USPAP Update Course December 2003
Passed McKissock Information Technology and the Appraiser Course December 2003

Educational Background continued

Passed McKissock Factory-Built Housing Course December 2003 Passed McKissock Construction Details and Trends Course December 2003 Passed McKissock Developing & Growing an Appraisal Practice Course December 2003 Passed McKissock Income Capitalization Course December 2003 Passed McKissock FHA Appraising Today Course December 2003 Passed McKissock FHA Exam Preparation Course December 2003 Passed McKissock 2010 – 2011 National USPAP Course June 2011 Passed McKissock Statistics, Modeling, and Finance Course June 2011
Passed McKissock General Appraiser Site Valuation and Cost Approach Course June 2011
Passed McKissock General Appraiser Market Analysis Highest and Best Use Course June 2011
Passed McKissock General Appraiser Sales Comparison Approach Course June 2011
Passed State of Texas Property Tax Consulting Class 2012
Passed McKissock Basic Appraisal Principles Course February 2014
Passed McKissock Basic Appraisal Procedures Course February 2014
Passed General Appraiser Income Approach Course February 2014
Passed General Appraiser Report Writing & Case Studies Course February 2014
Passed Commercial Appraisal Review Course February 2014
Passed Expert Witness for Commercial Appraisers Course February 2014
Passed McKissock 2014 – 2015 National USPAP Course March 2014
Passed Appraisal Institute Business Practices and Ethics August 2014
Passed McKissock 2016 – 2017 National USPAP Course January 2016
Passed McKissock 2018 – 2019 National USPAP Course December 2017
Passed McKissock 2020 – 2021 USPAP Course January 2020
Passed McKissock 2022 – 2023 USPAP Course Update January 2022

Partial List of Appraisal Clients

Attorneys

Jim Arnold, Jr., Attorney at Law (Arnold & Fleckman)
Becky Beaver, Attorney at Law (Law Office of Becky Beaver)
Chester Beaver, Attorney at Law (Arnold & Fleckman)
Larry Cooper, Attorney at Law (Clark, Thomas, Winters, & Newton)
Mike Deitch, Attorney at Law (Deitch, Egan, Greenblum, & Hamilton)

Banks and Savings and Loans

American Bank of Texas (Carl H. Frietsch, Vice President) Bank One/Capitol City Federal Savings Association (Tami Ponton, Marketing Specialist) Bank One (H. Lewis Aven, Vice President Business Banking Group)
Bonnet Resources (Allan Carmichael, Review Appraiser) Bowie State Bank (Robert E. Rhoades, President and Chief Executive Officer)
CaminoReal Bank, N.A. (Wallie E. Fields, Vice President) Certified Savings/RTC (Pat Barrington, Compliance Supervisor)
Continental Savings and Loan (Meg Murphy, Commercial Lending)
First Capital Bank – Victoria (David Weatherston, Vice President)
First City, Texas (David Brown, SRPA, Vice President)
First State Bank of Central Texas Georgetown Office (Jack Buchanan, President)
First State Bank of Central Texas Round Rock Office (Bill Romans, President)
Franklin Bank (Robert Rhoades, President)
Franklin Federal Bankcorp (Tim Dalton, Vice President)
Frost Bank (Tom Hardin, Chief Review Appraiser)
Golden Triangle Savings and Loan (Sherry A. Thiels, Managing Agent)
Guaranty Federal Savings & Loan (Mike Smith, Manager Second Lien Department)
Hartland Bank, N.A. (Bill Romans, Branch Manager) Hill Country Bank (Denny Buchanan, Senior Vice President)
Horizon Bank & Trust (Mark Monroe, Senior Vice President) IronStone Bank (Sean Denton, Vice President)
Jefferson Heritage Bank (Jake Massey, Vice President) Liberty National Bank (Jeff Geslin, President)
NCNB Texas (Tim Chapin, Banking Officer Special Credits Area) NCNB/Gill Savings (William L. Armstrong, Appraisal Coordinator)
Northern Trust Bank of Texas, N.A. (Madylon Hammond, Mortgage Team Leader)
OmniBank (Doug Marwitz, Vice President and Robin Thigpin, Vice President)
PNB Financial (James Dyess, Vice President)
Savings of Texas (Joe D. Willoughby, Officer/Dallas)
Security State Bank (Mark Cowden, Senior Vice President/Branch Manager)
State Bank – Cedar Park (Tab Fowler, Vice President)
Team Bank – Austin (Jean Bentzen, Special Assets Representative)
Texas Commerce Bank (Michael R. Stout, Assistant Vice President)
Texas Heritage Bank (Norman Whitlow, Lending Officer) Victoria Savings Association (Lee Rogers, Commercial Lending Department)
Village Bank & Trust (J. Brian Huber, Vice President and Mike Meyer, Vice President) Windsor Savings Association/RTC (Bob Roberts, Senior Vice President)
Yancey-Hausman (Eric D. Stanley, CPM)

Mortgage Companies, Institutions, Companies, & Individuals

Associates National Mortgage
Bankers Capital Corporation (Doug Batson, President)
Bobby Castle Construction Company (Bobby Castle, President)
Chasco Contracting (Chaz Glace, President)
City of Cedar Park (Sam Roberts, Public Works Director)
City of Jonestown
City of Lancaster
CompuLoan (Rachelle Bingham, Mortgage Loan Processor)
Concordia University
FDIC Federal Deposit Insurance Corporation – Dallas and San Antonio, Texas Offices
Flame Tech (Ken Hay, V.P. de Operaciones)
FNMA Federal National Mortgage Association Southwest Regional Office – Dallas, Texas
Ford Consumer Credit
Foster Mortgage Company
GE Capital Small Business Finance (David Busby, Liquidation Specialist)
GMAC General Motors Acceptance Corporation
ICA Mortgage Corporation (Review Appraisal)
Instant Replay Golf (Robert and Ingrid Oler)
NCNB Mortgage
Nelson Nagle Investments (Nelson Nagle, President)
Norwest Mortgage, Inc. (Claire Craig, Loan Officer)
RTC Resolution Trust Corporation
SBA Small Business Administration (Alaina Amason, Liquidation Division)
Sierra West Mortgage (Britt Christiansen)
State of Texas Department of Highways and Public Transportation (Texas Department of Transportation)
Taylor Economic Development Corporation
Tomlinson, Russell P. (Mortgage Broker)
Taylor Economic Development Corporation
The Lending Company (John Alberts, President)
The MacDonald Companies (Granger MacDonald, President)
The Oasis Restaurant (Mike Farley, Comptroller)
Travis County Transportation and Natural Resources

Relocation Companies

Alcoa Relocation
Associates Relocation Management Company, Inc.
ChemExec Relocation Company
Coldwell Banker Relocation
Corporate Moves
ERA Seller Security Program
GenRel Relocation Management
Marriott Corporation Relocation
Prudential Relocation Management
State Farm Insurance Company
Relocation Division
Texas Instruments Relocation Division
Traveler’s Relocation Company

Types of Properties Appraised

1979 – 1996 Wide variety of commercial, farm and ranch, and residential property appraisals
1996 – 2006 Since 1996, Mr. Adams appraisal concentration has been mostly in improved and unimproved commercial properties, farms and ranches, and single family residences over one million dollars in value
2006 – 2011 Real estate investments and brokerage 2011 – 2023 Appraisal work, including commercial, land, and farm and ranch, real estate investments, and brokerage
Specific appraisal assignments completed include, but are not limited to, the following:
Proposed 20,000 square foot office building Cedar Park, Texas Downtown shopping center Austin, Texas University of Texas area apartment building Austin, Texas
Bowling alley Hondo, Texas Church Round Rock, Texas Golf course New Braunfels, Texas
Proposed three sheet ice skating facility North Richland Hills, Texas
Vacant commercial lot on Marathon Boulevard Austin, Texas
Office/warehouse Round Rock, Texas
Downtown tenant occupied retail building Austin, Texas
Manufacturing facility New Braunfels, Texas
Office condominium project on Spicewood Springs Road Austin, Texas

Proposed mini-storage project New Braunfels, Texas
Proposed office building on Parmer Lane Austin, Texas
459 acres on FM 1431 near US 183 Cedar Park, Texas
164 acre ranch with over one million dollars in improvements Hutto, Texas
1,140 acre ranch and subdivision appraisal near Enchanted Rock Fredericksburg, Texas
Proposed industrial park Taylor, Texas
Proposed extended stay motel Austin, Texas
132 unit apartment complex Fredericksburg, Texas
Proposed apartment complex Dripping Springs, Texas
Twin Springs single family residential subdivision Kerrville, Texas
72 unit apartment complex Kerrville, Texas

97 lot waterfront subdivision on Lake Travis Jonestown, Texas
66 acres of raw land on FM 1431 Jonestown, Texas
Proposed mobile home subdivision Liberty Hill, Texas
Printing facility on Manor Road Austin, Texas
Proposed concrete batch plant Austin, Texas
Office/warehouse on 25 acres with severe flood plain encroachment Round Rock, Texas
Day care on Pond Springs Road Austin, Texas177 acres in the Lake Travis area valued with endangered species limitations in place and also valued as though with U.S. Fish & Wildlife clearance had been obtained for a proposed residential development Volente, Texas
Automotive repair facility on Interstate 35 Austin, Texas
Ice skating facility Austin, Texas


138,000 square foot manufacturing facility Austin, Texas
Loss in value analysis due to extensive fire in single family residence Pflugerville, Texas
Loss in value analysis due to Oak Wilt disease on acreage tract Liberty Hill, TexasLoss in value analysis due to extensive mold, mildew, and bacteria contamination in single family residence Lake Travis, Texas
Trial testimony United State Bankruptcy Court Austin, Texas
11,878 square foot custom waterfront residence Lake Travis, Texas
Numerous waterfront lots and residences on Lake Travis Lake Travis, Texas
Lake Creek Office Park office condominiums Austin, Texas
88 acres on San Gabriel River, improved with ranchhouse Leander, Texas
Restricted rent apartment complex on South Congress Avenue Austin, Texas
Proposed bank per plans and specifications Round Rock, Texas
1.88 acres with vehicular ingress and egress impaired Georgetown, Texas
241 acres of waterfront land Lago Vista, Texas
Dental office condominium Austin, Texas
Automotive lube facility leased fee and leasehold analysis Austin, Texas

Condemnation right-of-way taking Parmer Lane extension Leander, Texas Marshall Ranch Golf Course Lago Vista, Texas Marshall Harbor Subdivision Lago Vista, Texas Marshall Vista Subdivision Lago Vista, Texas 78 acres of development land Georgetown, Texas Meat processing plant Burnet, Texas 9 acres donation gift appraisal to meet IRS appraisal requirements Lake Travis, Texas Comanche Canyon Subdivision 469 acre mixed use development Lake Travis, Texas Downtown block for redevelopment Georgetown, Texas Spicewood automotive repair & lube facility Spicewood, Texas Spanish Oaks Plaza, proposed office condominium project Cedar Park, Texas Downtown parking lot near University of Texas main campus Austin, Texas 3,203 acres Hays County Blanco River frontage Kyle, Texas Appraisal of damages due to improperly located fence Spicewood, Texas 74 single family residential lots plus church lot Pflugerville, Texas Medical office condominium Austin, Texas 135,993 square foot manufacturing facility Taylor, Texas The Vistas Apartments to FNMA and GMAC appraisal requirements Marble Falls, Texas Texas Ice Stadium Houston, Texas Hudson Harbor Condominiums proposed waterfront condominium project Lake Travis, Texas

Real Estate Brokerage

Various residential and commercial brokerage throughout central Texas from 1979 to present.

Real Estate Investments & Projects As Principal Owner

1981 – 1993 Various single family, duplex, and residential land investments and remodeling of seven single family residences
1996 Purchase and resale of two Booth Circle waterfront lots on Lake Travis, Volente, Texas
1997 Purchase of land, predevelopment, and resale of Abbey’s Place, a three-lot waterfront subdivision on Lake Travis, Volente, Texas
1997 Purchase of land and predevelopment of 9.169 acre multi-family site on FM 1431, Cedar Park, Texas
1997                Purchase and resale of the former YWCA camp on Lake Travis, Volente, Texas
1999                Purchase of land, predevelopment, and resale of 54 acre prime retail site located at the northeast corner of Highway 79 and proposed FM 1460 extension, Round Rock, Texas
2000                Purchase of land, predevelopment, and resale of Rosehill, a 921 lot single family home subdivision sold as a preliminary plat, Manor, Texas
2000                Purchase of land, predevelopment, and resale of the Waterside Oaks site, a 43-unit waterfront condominium project, Lago Vista, Texas
2002                Purchase of two Robert Mueller Airport buildings and donation of building materials to a non-profit organization, Austin, Texas
2003                Purchase of raw land and predevelopment of 55 acre retail site across from the high school, Hutto, Texas

2004 – 2005     Assemblage and predevelopment of 475 acres of mixed use land with SH 130 bisecting the tract, Hutto, Texas
2005                Assemblage and predevelopment of 58 acres of waterfront land for residential condominiums, dry stack marina, & floating restaurant, Lago Vista, Texas
Jan 2007          Closed the sale of the 475 acre Hutto project, including the 55 acres across from the high school
Jan 2007          Purchase and predevelopment of 34 acre retail site and 41 acre apartment site, Elgin, Texas
April 2007       Purchase of VIP Marina on Lake Travis, a covered 177 slip facility, now renamed Volente Marina
June 2007        Purchase of 406 acres of investment land on US 290, Elgin, Texas
July 2007        Purchase of Volente Beach Club water park on Lake Travis to predevelop site and sell to a vertical developer
Dec 2007         Purchase of downtown Austin CBD land for proposed mixed use tower
2007 – 2011    Completed entitlement of real estate portfolio, real estate investments, and real estate brokerage
2011 – 2023    Real estate appraisal, brokerage, investments, and general business consulting