4720 PLAZA ON THE LAKE 238 TX 78746
| Owner | MORNINGSIDE NALLE 770 LLC & |
|---|---|
| Parcel ID | 0135150308 |
| Short ID | 564450 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 260,918 SF |
| Land SF | 1,036,037 SF |
| Acres | 23.784 |
| Year Built | 2003 |
| Legal | LOT 1 BLK A NALLE WOODS SUBD |
| Neighborhood | 08NWW |
| Land | $19,425,694 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,425,694 |
| Improvement | $57,574,306 |
|---|---|
| Total Improvement | $57,574,306 |
| Market | $77,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $77,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $77,000,000 |
| Taxable Value | $77,000,000 |
|---|
Appreciation: Market value has risen +35.0% from $57,020,000 (2021) to $77,000,000 (2025), a CAGR of 7.8% 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 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,504,183. Eanes ISD is the largest single contributor, at 42.6% 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 25% of market value ($19,425,694 land vs $57,574,306 improvements), about $19/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $77,000,000, 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 +5.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $101,415,946 by 2031, with an estimated annual tax burden around $1,699,343. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 123,742 SF | ✓ |
| 2ND | 2nd Floor | 109,044 SF | ✓ |
| 487 | PARKING UNDER | 95,874 SF | ✓ |
| 3RD | 3rd Floor | 28,132 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 10,013 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 6,646 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 6,104 SF | ✗ |
| 601 | POOL COMM'L | 3,200 SF | ✗ |
| 501 | CANOPY | 224 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $607,506.00 | $607,506.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $382,532.41 | $382,532.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $274,366.85 | $274,366.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $86,156.79 | $86,156.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $75,482.00 | $75,482.00 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $1,426,044.05 | $1,426,044.05 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $607,506.00 | 42.6% |
| CAT City of Austin | 0.5240% | $382,532.41 | 26.8% |
| TCO Travis County | 0.3758% | $274,366.85 | 19.2% |
| THD Travis Central Health | 0.1180% | $86,156.79 | 6.0% |
| ACT Austin Community College | 0.1034% | $75,482.00 | 5.3% |
| Total | 1.9535% | $1,426,044.05 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $76,044,311 | $77,000,000 | -1.2% |
| Assessed Value | $76,044,311 | $77,000,000 | -1.2% |
| Land Value | $19,425,694 | $19,425,694 | +0.0% |
| Improvement Value | $56,618,617 | $57,574,306 | -1.7% |
| Taxable Value | $76,044,311 | $77,000,000 | -1.2% |
| Total Tax 2026 = estimate |
~$1,485,514
Estimated
|
~$1,426,044
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $76,044,311 | $19,425,694 | $56,618,617 | — | $76,044,311 | $76,044,311 | Not yet — post-cert | Preliminary |
| 2025 | $77,000,000 | $19,425,694 | $57,574,306 | — | $77,000,000 | $77,000,000 | ~$1,426,044 | Partial |
| 2024 | $77,820,000 | $19,425,694 | $58,394,306 | — | $77,820,000 | $77,820,000 | $1,413,234 | Verified |
| 2023 | $85,600,000 | $19,425,694 | $66,174,306 | — | $85,600,000 | $85,600,000 | $1,451,371 | Verified |
| 2022 | $79,599,520 | $19,425,694 | $60,173,826 | — | $79,599,520 | $79,599,520 | $1,455,932 | Verified |
| 2021 | $57,020,000 | $19,425,694 | $37,594,306 | — | $57,020,000 | $57,020,000 | $1,188,441 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | No billing data | Verified |
| 2023 | +7.5% | +7.5% | ~100% | No billing data | Verified |
| 2022 | +39.6% | +39.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.2% | +7.1% | +5.9% | +39.6% | 2022 | -9.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,426,044 | $1,387,004 | ~$1,614,509 | $1,455,932 | 2022 | $1,188,441 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$80,551,686 | ~$80,551,686 | ~1.8979% | ~$1,528,800 | +5.9% |
| 2028 | ~$85,326,226 | ~$85,326,226 | ~1.8423% | ~$1,571,997 | +12.2% |
| 2029 | ~$90,383,767 | ~$90,383,767 | ~1.7868% | ~$1,614,945 | +18.9% |
| 2030 | ~$95,741,084 | ~$95,741,084 | ~1.7312% | ~$1,657,461 | +25.9% |
| 2031 | ~$101,415,946 | ~$101,415,946 | ~1.6756% | ~$1,699,343 | +33.4% |
| 2027 | ~$79,030,799 | ~$79,030,799 | ~1.9535% | ~$1,543,855 | +3.9% |
| 2028 | ~$82,134,576 | ~$82,134,576 | ~1.9535% | ~$1,604,487 | +8.0% |
| 2029 | ~$85,360,247 | ~$85,360,247 | ~1.9535% | ~$1,667,500 | +12.3% |
| 2030 | ~$88,712,601 | ~$88,712,601 | ~1.9535% | ~$1,732,987 | +16.7% |
| 2031 | ~$92,196,611 | ~$92,196,611 | ~1.9535% | ~$1,801,047 | +21.2% |
| 2027 | ~$82,072,572 | ~$82,072,572 | ~1.8701% | ~$1,534,859 | +7.9% |
| 2028 | ~$88,578,711 | ~$88,578,711 | ~1.7868% | ~$1,582,693 | +16.5% |
| 2029 | ~$95,600,611 | ~$95,600,611 | ~1.7034% | ~$1,628,465 | +25.7% |
| 2030 | ~$103,179,159 | ~$103,179,159 | ~1.6200% | ~$1,671,548 | +35.7% |
| 2031 | ~$111,358,480 | ~$111,358,480 | ~1.5367% | ~$1,711,228 | +46.4% |
In 2025, this property's market value of $77,000,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 148× 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 | $77,000,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $77,820,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $85,600,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $79,599,520 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $57,020,000 | $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 | — |