JACKSON AVE TX 78731
| Owner | GROVE ATX BLOCK 2 LP |
|---|---|
| Parcel ID | 0124000508 |
| Short ID | 913262 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 227,700 SF |
| Land SF | 172,890 SF |
| Acres | 3.969 |
| Year Built | 2022 |
| Legal | LOT 4 BLK A GROVE AT SHOAL CREEK THE |
| Neighborhood | 1NC1 |
| Land | $3,457,793 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,457,793 |
| Improvement | $78,449,571 |
|---|---|
| Total Improvement | $78,449,571 |
| Market | $81,907,364 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $81,907,364 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $81,907,364 |
| Taxable Value | $81,907,364 |
|---|
Appreciation: Market value has risen +2268.8% from $3,457,793 (2021) to $81,907,364 (2025), a CAGR of 120.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $1,676,222. 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 4% of market value ($3,457,793 land vs $78,449,571 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $81,907,364, 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 +85.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,673,508,189 by 2031, with an estimated annual tax burden around $2,307,801. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 227,700 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% | $757,806.93 | $757,806.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $429,208.51 | $429,208.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $307,844.73 | $307,844.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $96,669.53 | $96,669.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $84,692.21 | $84,692.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,676,221.91 | $1,676,221.91 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $757,806.93 | 45.2% |
| CAT City of Austin | 0.5240% | $429,208.51 | 25.6% |
| TCO Travis County | 0.3758% | $307,844.73 | 18.4% |
| THD Travis Central Health | 0.1180% | $96,669.53 | 5.8% |
| ACT Austin Community College | 0.1034% | $84,692.21 | 5.1% |
| Total | 2.0465% | $1,676,221.91 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $76,070,000 | $81,907,364 | -7.1% |
| Assessed Value | $76,070,000 | $81,907,364 | -7.1% |
| Land Value | $3,457,793 | $3,457,793 | +0.0% |
| Improvement Value | $72,612,207 | $78,449,571 | -7.4% |
| Taxable Value | $76,070,000 | $81,907,364 | -7.1% |
| Total Tax 2026 = estimate |
~$1,556,761
Estimated
|
~$1,676,222
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $76,070,000 | $3,457,793 | $72,612,207 | — | $76,070,000 | $76,070,000 | Not yet — post-cert | Preliminary |
| 2025 | $81,907,364 | $3,457,793 | $78,449,571 | — | $81,907,364 | $81,907,364 | ~$1,676,222 | Partial |
| 2024 | $58,577,515 | $3,457,793 | $55,119,722 | — | $58,577,515 | $58,577,515 | $1,160,897 | Verified |
| 2023 | $15,023,018 | $3,457,793 | $11,565,225 | — | $15,023,018 | $15,023,018 | $271,804 | Verified |
| 2022 | $5,152,564 | $3,457,793 | $1,694,771 | — | $5,152,564 | $5,152,564 | $101,759 | Verified |
| 2021 | $3,457,793 | $3,457,793 | — | — | $3,457,793 | $3,457,793 | $75,265 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.1% | -7.1% | ~100% | Not available | Partial |
| 2025 | +39.8% | +39.8% | ~100% | Not available | Partial |
| 2024 | +289.9% ! | +289.9% | ~100% | No billing data | Verified |
| 2023 | +191.6% ! | +191.6% | ~100% | No billing data | Verified |
| 2022 | +49.0% | +49.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2268.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.1% | +112.6% | +85.6% | +289.9% | 2024 | -7.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,676,222 | $657,189 | ~$1,984,840 | $1,676,222 | 2025 | $75,265 | 2021 |
Market value changed by 192% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$141,155,011 | ~$83,677,000 | ~2.0139% | ~$1,685,202 | +85.6% |
| 2028 | ~$261,926,347 | ~$92,044,700 | ~1.9814% | ~$1,823,763 | +244.3% |
| 2029 | ~$486,028,875 | ~$101,249,170 | ~1.9488% | ~$1,973,184 | +538.9% |
| 2030 | ~$901,872,110 | ~$111,374,087 | ~1.9163% | ~$2,134,252 | +1085.6% |
| 2031 | ~$1,673,508,189 | ~$122,511,496 | ~1.8837% | ~$2,307,801 | +2100.0% |
| 2027 | ~$139,633,611 | ~$83,677,000 | ~2.0465% | ~$1,712,437 | +83.6% |
| 2028 | ~$256,310,575 | ~$92,044,700 | ~2.0465% | ~$1,883,681 | +236.9% |
| 2029 | ~$470,482,072 | ~$101,249,170 | ~2.0465% | ~$2,072,049 | +518.5% |
| 2030 | ~$863,613,918 | ~$111,374,087 | ~2.0465% | ~$2,279,254 | +1035.3% |
| 2031 | ~$1,585,244,252 | ~$122,511,496 | ~2.0465% | ~$2,507,179 | +1983.9% |
| 2027 | ~$142,676,411 | ~$83,677,000 | ~1.9977% | ~$1,671,584 | +87.6% |
| 2028 | ~$267,602,976 | ~$92,044,700 | ~1.9488% | ~$1,793,803 | +251.8% |
| 2029 | ~$501,914,450 | ~$101,249,170 | ~1.9000% | ~$1,923,751 | +559.8% |
| 2030 | ~$941,387,572 | ~$111,374,087 | ~1.8512% | ~$2,061,750 | +1137.5% |
| 2031 | ~$1,765,660,582 | ~$122,511,496 | ~1.8024% | ~$2,208,112 | +2221.1% |
In 2025, this property's market value of $81,907,364 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 158× 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 | $81,907,364 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $58,577,515 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $15,023,018 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $5,152,564 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $3,457,793 | $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 | — |