SPICEWOOD SPRINGS RD TX 78759
| Owner | CWS CAPROCK BRIDGE L P |
|---|---|
| Parcel ID | 0143030701 |
| Short ID | 142617 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 318,608 SF |
| Land SF | 1,385,730 SF |
| Acres | 31.812 |
| Year Built | 1993 |
| Legal | ABS 521 SUR 17 MITCHELL J M ACR 31.812 |
| Neighborhood | 08NWW |
| Land | $11,085,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,085,840 |
| Improvement | $70,264,160 |
|---|---|
| Total Improvement | $70,264,160 |
| Market | $81,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $81,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $81,350,000 |
| Taxable Value | $81,350,000 |
|---|
Appreciation: Market value has risen +24.7% from $65,260,000 (2021) to $81,350,000 (2025), a CAGR of 5.7% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,664,816. 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 14% of market value ($11,085,840 land vs $70,264,160 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~33 yrs), and rent roll drive the underwriting.
Submarket Position: At $81,350,000, 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 +3.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $90,528,532 by 2031, with an estimated annual tax burden around $1,705,324. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 440,509 SF | ✗ |
| 1ST | 1st Floor | 165,546 SF | ✓ |
| 2ND | 2nd Floor | 153,062 SF | ✓ |
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 591 | MASONRY TRIM SF | 50,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 39,348 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 38,081 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 13,594 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 5,362 SF | ✗ |
| 581C | STORAGE ATT COMM | 5,268 SF | ✓ |
| 601 | POOL COMM'L | 1,860 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 1,040 SF | ✓ |
| 571C | STORAGE DET COMM | 144 SF | ✓ |
| 482 | LIGHT POLES | 22 SF | ✓ |
| MISC | Miscellaneous | 10 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 549 | FENCE COMM FV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $752,650.20 | $752,650.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $426,287.83 | $426,287.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $305,749.91 | $305,749.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $96,011.71 | $96,011.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $84,115.90 | $84,115.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,664,815.55 | $1,664,815.55 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $752,650.20 | 45.2% |
| CAT City of Austin | 0.5240% | $426,287.83 | 25.6% |
| TCO Travis County | 0.3758% | $305,749.91 | 18.4% |
| THD Travis Central Health | 0.1180% | $96,011.71 | 5.8% |
| ACT Austin Community College | 0.1034% | $84,115.90 | 5.1% |
| Total | 2.0465% | $1,664,815.55 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $76,862,813 | $81,350,000 | -5.5% |
| Assessed Value | $76,862,813 | $81,350,000 | -5.5% |
| Land Value | $11,085,840 | $11,085,840 | +0.0% |
| Improvement Value | $65,776,973 | $70,264,160 | -6.4% |
| Taxable Value | $76,862,813 | $81,350,000 | -5.5% |
| Total Tax 2026 = estimate |
~$1,572,986
Estimated
|
~$1,664,816
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $76,862,813 | $11,085,840 | $65,776,973 | — | $76,862,813 | $76,862,813 | Not yet — post-cert | Preliminary |
| 2025 | $81,350,000 | $11,085,840 | $70,264,160 | — | $81,350,000 | $81,350,000 | ~$1,664,816 | Partial |
| 2024 | $86,780,000 | $11,085,840 | $75,694,160 | — | $86,780,000 | $86,780,000 | $1,622,220 | Verified |
| 2023 | $96,550,000 | $11,085,840 | $85,464,160 | — | $96,550,000 | $96,550,000 | $1,530,431 | Verified |
| 2022 | $89,900,000 | $11,085,840 | $78,814,160 | — | $89,900,000 | $89,900,000 | $1,587,833 | Verified |
| 2021 | $65,260,000 | $11,085,840 | $54,174,160 | — | $65,260,000 | $65,260,000 | $1,384,036 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.5% | -5.5% | ~100% | Not available | Partial |
| 2025 | -6.3% | -6.3% | ~100% | Not available | Partial |
| 2024 | -10.1% | -10.1% | ~100% | No billing data | Verified |
| 2023 | +7.4% | +7.4% | ~100% | No billing data | Verified |
| 2022 | +37.8% | +37.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.5% | +4.7% | +3.3% | +37.8% | 2022 | -10.1% | 2024 |
| 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 |
$1,664,816 | $1,557,867 | ~$1,652,434 | $1,664,816 | 2025 | $1,384,036 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$79,420,043 | ~$79,420,043 | ~2.0139% | ~$1,599,469 | +3.3% |
| 2028 | ~$82,062,351 | ~$82,062,351 | ~1.9814% | ~$1,625,974 | +6.8% |
| 2029 | ~$84,792,570 | ~$84,792,570 | ~1.9488% | ~$1,652,471 | +10.3% |
| 2030 | ~$87,613,623 | ~$87,613,623 | ~1.9163% | ~$1,678,932 | +14.0% |
| 2031 | ~$90,528,532 | ~$90,528,532 | ~1.8837% | ~$1,705,324 | +17.8% |
| 2027 | ~$77,882,786 | ~$77,882,786 | ~2.0465% | ~$1,593,860 | +1.3% |
| 2028 | ~$78,916,295 | ~$78,916,295 | ~2.0465% | ~$1,615,010 | +2.7% |
| 2029 | ~$79,963,518 | ~$79,963,518 | ~2.0465% | ~$1,636,441 | +4.0% |
| 2030 | ~$81,024,638 | ~$81,024,638 | ~2.0465% | ~$1,658,157 | +5.4% |
| 2031 | ~$82,099,839 | ~$82,099,839 | ~2.0465% | ~$1,680,161 | +6.8% |
| 2027 | ~$80,957,299 | ~$80,957,299 | ~1.9977% | ~$1,617,253 | +5.3% |
| 2028 | ~$85,269,898 | ~$85,269,898 | ~1.9488% | ~$1,661,773 | +10.9% |
| 2029 | ~$89,812,230 | ~$89,812,230 | ~1.9000% | ~$1,706,447 | +16.8% |
| 2030 | ~$94,596,532 | ~$94,596,532 | ~1.8512% | ~$1,751,165 | +23.1% |
| 2031 | ~$99,635,694 | ~$99,635,694 | ~1.8024% | ~$1,795,805 | +29.6% |
In 2025, this property's market value of $81,350,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 157× 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 | $81,350,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $86,780,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $96,550,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $89,900,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $65,260,000 | $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 | — |