21423 PATTON AVE TX 78645
| Owner | CHERRY PAUL |
|---|---|
| Parcel ID | 0164880208 |
| Short ID | 166292 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,297 SF |
| Land SF | 11,406 SF |
| Acres | 0.262 |
| Year Built | 1973 |
| Legal | LOT 21214 HIGHLAND LAKE ESTATES SEC 21 |
| Neighborhood | S01MF |
| Land | $134,413 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $134,413 |
| Improvement | $506,453 |
|---|---|
| Total Improvement | $506,453 |
| Market | $640,866 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $640,866 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $640,866 |
| Taxable Value | $640,866 |
|---|
Appreciation: Market value has risen +35.6% from $472,656 (2021) to $640,866 (2025), a CAGR of 7.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 6 taxing entities is 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $13,655. Lago Vista ISD is the largest single contributor, at 47.7% 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 21% of market value ($134,413 land vs $506,453 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $640,866, this parcel sits in the upper-middle (50th–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 +5.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $823,332 by 2031, with an estimated annual tax burden around $13,967. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,297 SF | ✗ |
| 2ND | 2nd Floor | 2,145 SF | ✓ |
| 1ST | 1st Floor | 1,152 SF | ✓ |
| 512 | DECK UNCOVRED | 848 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 360 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 252 SF | ✓ |
| 581 | STORAGE ATT | 81 SF | ✓ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 522 | FIREPLACE | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $6,516.97 | $6,516.97 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $2,691.64 | $2,691.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,408.66 | $2,408.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $756.37 | $756.37 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $640.87 | $640.87 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $640.65 | $640.65 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $13,655.16 | $13,655.16 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILV Lago Vista ISD | 1.0169% | $6,516.97 | 47.7% |
| CLV City of Lago Vista | 0.4200% | $2,691.64 | 19.7% |
| TCO Travis County | 0.3758% | $2,408.66 | 17.6% |
| THD Travis Central Health | 0.1180% | $756.37 | 5.5% |
| E01 Travis County ESD # 01 | 0.1000% | $640.87 | 4.7% |
| E07 Travis County ESD # 07 | 0.1000% | $640.65 | 4.7% |
| Total | 2.1307% | $13,655.16 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $623,821 | $640,866 | -2.7% |
| Assessed Value | $623,821 | $640,866 | -2.7% |
| Land Value | $97,030 | $134,413 | -27.8% |
| Improvement Value | $526,791 | $506,453 | +4.0% |
| Taxable Value | $623,821 | $640,866 | -2.7% |
| Total Tax 2026 = estimate |
~$13,292
Estimated
|
~$13,655
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $623,821 | $97,030 | $526,791 | — | $623,821 | $623,821 | Not yet — post-cert | Preliminary |
| 2025 | $640,866 | $134,413 | $506,453 | — | $640,866 | $640,866 | ~$13,655 | Partial |
| 2024 | $775,287 | $125,000 | $650,287 | −$33,874 | $741,413 | $741,413 | $15,447 | Verified |
| 2023 | $617,844 | $171,875 | $445,969 | — | $617,844 | $617,844 | $12,497 | Verified |
| 2022 | $625,892 | $55,000 | $570,892 | — | $625,892 | $625,892 | $13,821 | Verified |
| 2021 | $472,656 | $12,000 | $460,656 | — | $472,656 | $472,656 | $11,713 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2025 | -17.3% | -13.6% | ~100% | Not available | Partial |
| 2024 | +25.5% | +20.0% | 95.6% | No billing data | Verified |
| 2023 | -1.3% | -1.3% | ~100% | No billing data | Verified |
| 2022 | +32.4% | +32.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +7.3% | +5.7% | +32.4% | 2022 | -17.3% | 2025 |
| Assessment Ratio | 100.0% | 99.3% | — | 100.0% | 2021 | 95.6% | 2024 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,655 | $13,427 | ~$13,751 | $15,447 | 2024 | $11,713 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$659,421 | ~$659,421 | ~2.0439% | ~$13,478 | +5.7% |
| 2028 | ~$697,053 | ~$697,053 | ~1.9570% | ~$13,641 | +11.7% |
| 2029 | ~$736,833 | ~$736,833 | ~1.8702% | ~$13,780 | +18.1% |
| 2030 | ~$778,882 | ~$778,882 | ~1.7833% | ~$13,890 | +24.9% |
| 2031 | ~$823,332 | ~$823,332 | ~1.6964% | ~$13,967 | +32.0% |
| 2027 | ~$646,945 | ~$646,945 | ~2.1307% | ~$13,785 | +3.7% |
| 2028 | ~$670,926 | ~$670,926 | ~2.1307% | ~$14,296 | +7.6% |
| 2029 | ~$695,796 | ~$695,796 | ~2.1307% | ~$14,826 | +11.5% |
| 2030 | ~$721,588 | ~$721,588 | ~2.1307% | ~$15,375 | +15.7% |
| 2031 | ~$748,336 | ~$748,336 | ~2.1307% | ~$15,945 | +20.0% |
| 2027 | ~$671,898 | ~$671,898 | ~2.0004% | ~$13,441 | +7.7% |
| 2028 | ~$723,680 | ~$723,680 | ~1.8702% | ~$13,534 | +16.0% |
| 2029 | ~$779,452 | ~$779,452 | ~1.7399% | ~$13,561 | +24.9% |
| 2030 | ~$839,523 | ~$839,523 | ~1.6096% | ~$13,513 | +34.6% |
| 2031 | ~$904,223 | ~$904,223 | ~1.4793% | ~$13,376 | +44.9% |
In 2025, this property's market value of $640,866 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +23% above 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 | $640,866 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $775,287 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $617,844 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $625,892 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $472,656 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 | — |