502 DAWSON RD TX 78704
| Owner | 1155 BARTON SPRINGS OWNER LLC |
|---|---|
| Parcel ID | 0102020406 |
| Short ID | 101904 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 95,562 SF |
| Acres | 2.194 |
| Year Built | — |
| Legal | LOT A MACKEDRICKS NORTHSIDE ADDN |
| Neighborhood | 08SC |
| Land | $19,590,196 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,590,196 |
| Improvement | $34,389,804 |
|---|---|
| Total Improvement | $34,389,804 |
| Market | $53,980,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $53,980,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $53,980,000 |
| Taxable Value | $53,980,000 |
|---|
Appreciation: Market value has risen +341.8% from $12,217,409 (2021) to $53,980,000 (2025), a CAGR of 45.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,104,693. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 36% of market value ($19,590,196 land vs $34,389,804 improvements), about $205/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $53,980,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +31.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $192,292,981 by 2031, with an estimated annual tax burden around $1,470,470. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 114,700 SF | ✓ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $481,104.00 | $481,104.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $272,488.84 | $272,488.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $195,439.40 | $195,439.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $61,371.96 | $61,371.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $53,768.00 | $53,768.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,064,172.20 | $1,064,172.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $481,104.00 | 45.2% |
| CAT City of Austin | 0.5240% | $272,488.84 | 25.6% |
| TCO Travis County | 0.3758% | $195,439.40 | 18.4% |
| THD Travis Central Health | 0.1180% | $61,371.96 | 5.8% |
| ACT Austin Community College | 0.1034% | $53,768.00 | 5.1% |
| Total | 2.0465% | $1,064,172.20 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $48,469,805 | $53,980,000 | -10.2% |
| Assessed Value | $48,469,805 | $53,980,000 | -10.2% |
| Land Value | $19,590,196 | $19,590,196 | +0.0% |
| Improvement Value | $28,879,609 | $34,389,804 | -16.0% |
| Taxable Value | $48,469,805 | $53,980,000 | -10.2% |
| Total Tax 2026 = estimate |
~$991,927
Estimated
|
~$1,064,172
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $48,469,805 | $19,590,196 | $28,879,609 | — | $48,469,805 | $48,469,805 | Not yet — post-cert | Preliminary |
| 2025 | $53,980,000 | $19,590,196 | $34,389,804 | — | $53,980,000 | $53,980,000 | ~$1,064,172 | Partial |
| 2024 | $57,054,251 | $19,590,196 | $37,464,055 | — | $57,054,251 | $57,054,251 | $1,101,481 | Verified |
| 2023 | $60,008,755 | $19,590,196 | $40,418,559 | — | $60,008,755 | $60,008,755 | $1,085,707 | Verified |
| 2022 | $54,307,503 | $10,989,622 | $43,317,881 | — | $54,307,503 | $54,307,503 | $1,072,531 | Verified |
| 2021 | $12,217,409 | $3,926,560 | $8,290,849 | — | $12,217,409 | $12,217,409 | $265,934 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2025 | -5.4% | -5.4% | ~100% | Not available | Partial |
| 2024 | -4.9% | -4.9% | ~100% | No billing data | Verified |
| 2023 | +10.5% | +10.5% | ~100% | No billing data | Verified |
| 2022 | +344.5% ! | +344.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +341.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.2% | +66.9% | +31.7% | +344.5% | 2022 | -10.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,064,172 | $917,965 | ~$1,264,688 | $1,101,481 | 2024 | $265,934 | 2021 |
Market value changed by 345% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$63,851,294 | ~$53,316,786 | ~2.0139% | ~$1,073,766 | +31.7% |
| 2028 | ~$84,113,971 | ~$58,648,464 | ~1.9814% | ~$1,162,054 | +73.5% |
| 2029 | ~$110,806,840 | ~$64,513,310 | ~1.9488% | ~$1,257,261 | +128.6% |
| 2030 | ~$145,970,468 | ~$70,964,642 | ~1.9163% | ~$1,359,889 | +201.2% |
| 2031 | ~$192,292,981 | ~$78,061,106 | ~1.8837% | ~$1,470,470 | +296.7% |
| 2027 | ~$62,881,898 | ~$53,316,786 | ~2.0465% | ~$1,091,120 | +29.7% |
| 2028 | ~$81,579,307 | ~$58,648,464 | ~2.0465% | ~$1,200,232 | +68.3% |
| 2029 | ~$105,836,235 | ~$64,513,310 | ~2.0465% | ~$1,320,255 | +118.4% |
| 2030 | ~$137,305,759 | ~$70,964,642 | ~2.0465% | ~$1,452,281 | +183.3% |
| 2031 | ~$178,132,483 | ~$78,061,106 | ~2.0465% | ~$1,597,509 | +267.5% |
| 2027 | ~$64,820,690 | ~$53,316,786 | ~1.9977% | ~$1,065,089 | +33.7% |
| 2028 | ~$86,687,411 | ~$58,648,464 | ~1.9488% | ~$1,142,964 | +78.8% |
| 2029 | ~$115,930,687 | ~$64,513,310 | ~1.9000% | ~$1,225,764 | +139.2% |
| 2030 | ~$155,038,940 | ~$70,964,642 | ~1.8512% | ~$1,313,693 | +219.9% |
| 2031 | ~$207,340,036 | ~$78,061,106 | ~1.8024% | ~$1,406,951 | +327.8% |
In 2025, this property's market value of $53,980,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 104× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $53,980,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $57,054,251 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $60,008,755 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $54,307,503 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $12,217,409 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |