S RANCH RD 620 MU1 TX 78738
| Owner | AMFP V BEE CAVE LLC |
|---|---|
| Parcel ID | 0125680502 |
| Short ID | 824773 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 267,688 SF |
| Land SF | 1,016,414 SF |
| Acres | 23.334 |
| Year Built | 2014 |
| Legal | UNT MASTER UNIT 1 MORNINGSIDE MASTER CONDOMINIUMS AMENDED PLUS 65.3 % INT IN COM AREA |
| Neighborhood | 08SW1 |
| Land | $9,147,724 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,147,724 |
| Improvement | $60,902,276 |
|---|---|
| Total Improvement | $60,902,276 |
| Market | $70,050,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $70,050,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $70,050,000 |
| Taxable Value | $70,050,000 |
|---|
Appreciation: Market value has risen +22.0% from $57,430,000 (2021) to $70,050,000 (2025), a CAGR of 5.1% over 4 years. This represents moderate, steady growth. 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 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,151,599. Lake Travis ISD is the largest single contributor, at 63.2% 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 13% of market value ($9,147,724 land vs $60,902,276 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $70,050,000, 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 +3.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $81,123,527 by 2031, with an estimated annual tax burden around $1,155,870. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 344,229 SF | ✗ |
| 2ND | 2nd Floor | 108,092 SF | ✓ |
| 3RD | 3rd Floor | 80,562 SF | ✓ |
| 1ST | 1st Floor | 79,034 SF | ✓ |
| 034 | GARAGE DET CLASS | 54,480 SF | ✓ |
| BELOW | Below | 39,764 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 24,169 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 23,712 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 22,420 SF | ✗ |
| 016 | PORCH OPEN BASMT | 8,084 SF | ✗ |
| 054 | CARPORT DET CLAS | 6,930 SF | ✗ |
| 581C | STORAGE ATT COMM | 6,150 SF | ✓ |
| MISC | Miscellaneous | 5,509 SF | ✓ |
| 611 | TERRACE | 4,724 SF | ✗ |
| 571C | STORAGE DET COMM | 475 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $706,996.00 | $706,996.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $255,574.60 | $255,574.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $80,255.64 | $80,255.64 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $61,471.32 | $61,471.32 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $13,600.00 | $13,600.00 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $1,117,897.56 | $1,117,897.56 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $706,996.00 | 63.2% |
| TCO Travis County | 0.3758% | $255,574.60 | 22.9% |
| THD Travis Central Health | 0.1180% | $80,255.64 | 7.2% |
| E06 Travis County ESD # 06 | 0.0904% | $61,471.32 | 5.5% |
| VBC City of Bee Cave | 0.0200% | $13,600.00 | 1.2% |
| Total | 1.6440% | $1,117,897.56 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,256,312 | $70,050,000 | -2.6% |
| Assessed Value | $68,256,312 | $70,050,000 | -2.6% |
| Land Value | $9,147,724 | $9,147,724 | +0.0% |
| Improvement Value | $59,108,588 | $60,902,276 | -2.9% |
| Taxable Value | $68,256,312 | $70,050,000 | -2.6% |
| Total Tax 2026 = estimate |
~$1,122,111
Estimated
|
~$1,117,898
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $68,256,312 | $9,147,724 | $59,108,588 | — | $68,256,312 | $68,256,312 | Not yet — post-cert | Preliminary |
| 2025 | $70,050,000 | $9,147,724 | $60,902,276 | — | $70,050,000 | $70,050,000 | ~$1,117,898 | Partial |
| 2024 | $73,000,000 | $9,147,724 | $63,852,276 | — | $73,000,000 | $73,000,000 | $1,162,614 | Verified |
| 2023 | $84,540,000 | $6,098,483 | $78,441,517 | — | $84,540,000 | $84,540,000 | $1,259,133 | Verified |
| 2022 | $80,600,000 | $6,098,483 | $74,501,517 | — | $80,600,000 | $80,600,000 | $1,316,638 | Verified |
| 2021 | $57,430,000 | $6,098,483 | $51,331,517 | — | $57,430,000 | $57,430,000 | $1,011,885 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2024 | -13.7% | -13.7% | ~100% | No billing data | Verified |
| 2023 | +4.9% | +4.9% | ~100% | No billing data | Verified |
| 2022 | +40.3% | +40.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +5.0% | +3.5% | +40.3% | 2022 | -13.7% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6000% | 1.6000% | — | 1.6000% | 2025 | 1.6000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,117,898 | $1,173,634 | ~$1,144,153 | $1,316,638 | 2022 | $1,011,885 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$70,655,117 | ~$70,655,117 | ~1.6001% | ~$1,130,580 | +3.5% |
| 2028 | ~$73,138,226 | ~$73,138,226 | ~1.5563% | ~$1,138,258 | +7.2% |
| 2029 | ~$75,708,601 | ~$75,708,601 | ~1.5125% | ~$1,145,080 | +10.9% |
| 2030 | ~$78,369,310 | ~$78,369,310 | ~1.4687% | ~$1,150,975 | +14.8% |
| 2031 | ~$81,123,527 | ~$81,123,527 | ~1.4248% | ~$1,155,870 | +18.9% |
| 2027 | ~$69,289,991 | ~$69,289,991 | ~1.6440% | ~$1,139,105 | +1.5% |
| 2028 | ~$70,339,323 | ~$70,339,323 | ~1.6440% | ~$1,156,355 | +3.1% |
| 2029 | ~$71,404,547 | ~$71,404,547 | ~1.6440% | ~$1,173,867 | +4.6% |
| 2030 | ~$72,485,903 | ~$72,485,903 | ~1.6440% | ~$1,191,644 | +6.2% |
| 2031 | ~$73,583,635 | ~$73,583,635 | ~1.6440% | ~$1,209,691 | +7.8% |
| 2027 | ~$72,020,243 | ~$72,020,243 | ~1.5782% | ~$1,136,641 | +5.5% |
| 2028 | ~$75,991,733 | ~$75,991,733 | ~1.5125% | ~$1,149,362 | +11.3% |
| 2029 | ~$80,182,227 | ~$80,182,227 | ~1.4467% | ~$1,160,029 | +17.5% |
| 2030 | ~$84,603,801 | ~$84,603,801 | ~1.3810% | ~$1,168,378 | +24.0% |
| 2031 | ~$89,269,200 | ~$89,269,200 | ~1.3153% | ~$1,174,119 | +30.8% |
In 2025, this property's market value of $70,050,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 135× 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 | $70,050,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $73,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $84,540,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $80,600,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $57,430,000 | $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 | — |