6701 N RANCH RD 620 D&E TX 78730
| Owner | PRIII TRG HIGH POINTE OWNER LP |
|---|---|
| Parcel ID | 0154340211 |
| Short ID | 784044 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 349,600 SF |
| Land SF | 637,017 SF |
| Acres | 14.624 |
| Year Built | 2022 |
| Legal | 6.827AC OF LOT 1-D NEW CORRIDOR AT RIVER PLACE SUBD RESUB OF LOT 1 |
| Neighborhood | 1NW3 |
| Land | $4,459,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,459,120 |
| Improvement | $61,087,356 |
|---|---|
| Total Improvement | $61,087,356 |
| Market | $65,546,476 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,546,476 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,546,476 |
| Taxable Value | $65,546,476 |
|---|
Appreciation: Market value has risen +6897.1% from $936,760 (2021) to $65,546,476 (2025), a CAGR of 189.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,447,387. Leander ISD is the largest single contributor, at 49.2% 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 7% of market value ($4,459,120 land vs $61,087,356 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,546,476, 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 +141.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,367,130,215 by 2031, with an estimated annual tax burden around $2,367,496. 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 | 349,600 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $712,424.65 | $712,424.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $343,474.68 | $343,474.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,353.15 | $246,353.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,359.92 | $77,359.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,775.06 | $67,775.06 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $1,447,387.46 | $1,447,387.46 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $712,424.65 | 49.2% |
| CAT City of Austin | 0.5240% | $343,474.68 | 23.7% |
| TCO Travis County | 0.3758% | $246,353.15 | 17.0% |
| THD Travis Central Health | 0.1180% | $77,359.92 | 5.3% |
| ACT Austin Community College | 0.1034% | $67,775.06 | 4.7% |
| Total | 2.2082% | $1,447,387.46 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $77,230,000 | $65,546,476 | +17.8% |
| Assessed Value | $77,230,000 | $65,546,476 | +17.8% |
| Land Value | $4,459,120 | $4,459,120 | +0.0% |
| Improvement Value | $72,770,880 | $61,087,356 | +19.1% |
| Taxable Value | $77,230,000 | $65,546,476 | +17.8% |
| Total Tax 2026 = estimate |
~$1,705,381
Estimated
|
~$1,447,387
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $77,230,000 | $4,459,120 | $72,770,880 | — | $77,230,000 | $77,230,000 | Not yet — post-cert | Preliminary |
| 2025 | $65,546,476 | $4,459,120 | $61,087,356 | — | $65,546,476 | $65,546,476 | ~$1,447,387 | Partial |
| 2024 | $24,494,346 | $4,459,120 | $20,035,226 | — | $24,494,346 | $24,494,346 | $518,843 | Verified |
| 2023 | $6,456,707 | $4,459,120 | $1,997,587 | — | $6,456,707 | $6,456,707 | $132,908 | Verified |
| 2022 | $936,760 | $936,760 | — | — | $936,760 | $936,760 | $21,104 | Verified |
| 2021 | $936,760 | $936,760 | — | — | $936,760 | $936,760 | $22,969 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.8% | +17.8% | ~100% | Not available | Partial |
| 2025 | +167.6% ! | +167.6% | ~100% | Not available | Partial |
| 2024 | +279.4% ! | +279.4% | ~100% | No billing data | Verified |
| 2023 | +589.3% ! | +589.3% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6897.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.8% | +210.8% | +141.7% | +589.3% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2100% | 2.2100% | — | 2.2100% | 2025 | 2.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,447,387 | $428,642 | ~$2,088,867 | $1,447,387 | 2025 | $21,104 | 2022 |
Market value changed by 589% 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 | ~$186,645,522 | ~$84,953,000 | ~2.1472% | ~$1,824,142 | +141.7% |
| 2028 | ~$451,075,370 | ~$93,448,300 | ~2.0863% | ~$1,949,601 | +484.1% |
| 2029 | ~$1,090,135,928 | ~$102,793,130 | ~2.0253% | ~$2,081,910 | +1311.5% |
| 2030 | ~$2,634,584,864 | ~$113,072,443 | ~1.9644% | ~$2,221,185 | +3311.3% |
| 2031 | ~$6,367,130,215 | ~$124,379,687 | ~1.9034% | ~$2,367,496 | +8144.4% |
| 2027 | ~$185,100,922 | ~$84,953,000 | ~2.2082% | ~$1,875,919 | +139.7% |
| 2028 | ~$443,640,441 | ~$93,448,300 | ~2.2082% | ~$2,063,511 | +474.4% |
| 2029 | ~$1,063,294,762 | ~$102,793,130 | ~2.2082% | ~$2,269,862 | +1276.8% |
| 2030 | ~$2,548,450,610 | ~$113,072,443 | ~2.2082% | ~$2,496,849 | +3199.8% |
| 2031 | ~$6,107,996,335 | ~$124,379,687 | ~2.2082% | ~$2,746,534 | +7808.8% |
| 2027 | ~$188,190,122 | ~$84,953,000 | ~2.1168% | ~$1,798,253 | +143.7% |
| 2028 | ~$458,572,082 | ~$93,448,300 | ~2.0253% | ~$1,892,645 | +493.8% |
| 2029 | ~$1,117,425,042 | ~$102,793,130 | ~1.9339% | ~$1,987,934 | +1346.9% |
| 2030 | ~$2,722,884,304 | ~$113,072,443 | ~1.8425% | ~$2,083,353 | +3425.7% |
| 2031 | ~$6,634,985,480 | ~$124,379,687 | ~1.7511% | ~$2,177,977 | +8491.2% |
In 2025, this property's market value of $65,546,476 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 126× 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 | $65,546,476 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $24,494,346 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $6,456,707 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $936,760 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $936,760 | $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 | — |