RIATA TRACE PKWY TX
| Owner | BPP ALPHABET MF RIATA LP |
|---|---|
| Parcel ID | 0166010701 |
| Short ID | 439992 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 174,258 SF |
| Land SF | 630,574 SF |
| Acres | 14.476 |
| Year Built | 1997 |
| Legal | 14.476 ACR OF LOT 1 BLK A RIATA SEC 1 |
| Neighborhood | 08FNW |
| Land | $6,305,740 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,305,740 |
| Improvement | $39,474,260 |
|---|---|
| Total Improvement | $39,474,260 |
| Market | $45,780,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $45,780,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $45,780,000 |
| Taxable Value | $45,780,000 |
|---|
Appreciation: Market value has risen +38.1% from $33,140,000 (2021) to $45,780,000 (2025), a CAGR of 8.4% over 4 years. This is strong appreciation — well above typical inflation. 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $922,185. Round Rock ISD is the largest single contributor, at 44.3% 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 ($6,305,740 land vs $39,474,260 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~29 yrs), and rent roll drive the underwriting.
Submarket Position: At $45,780,000, 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 +4.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $50,590,965 by 2031, with an estimated annual tax burden around $870,996. 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 | 186,428 SF | ✗ |
| 551 | PAVED AREA | 170,262 SF | ✗ |
| 2ND | 2nd Floor | 106,925 SF | ✓ |
| 1ST | 1st Floor | 67,333 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 53,912 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 22,869 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 15,540 SF | ✗ |
| 611 | TERRACE | 2,328 SF | ✗ |
| 601 | POOL COMM'L | 1,088 SF | ✗ |
| 571C | STORAGE DET COMM | 962 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 468 SF | ✗ |
| 482 | LIGHT POLES | 30 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 521 | FIREPLACE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $392,526.13 | $392,526.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $230,310.56 | $230,310.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $165,187.53 | $165,187.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,872.26 | $51,872.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $45,445.31 | $45,445.31 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $885,341.79 | $885,341.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $392,526.13 | 44.3% |
| CAT City of Austin | 0.5240% | $230,310.56 | 26.0% |
| TCO Travis County | 0.3758% | $165,187.53 | 18.7% |
| THD Travis Central Health | 0.1180% | $51,872.26 | 5.9% |
| ACT Austin Community College | 0.1034% | $45,445.31 | 5.1% |
| Total | 2.0144% | $885,341.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $40,946,118 | $45,780,000 | -10.6% |
| Assessed Value | $40,946,118 | $45,780,000 | -10.6% |
| Land Value | $6,305,740 | $6,305,740 | +0.0% |
| Improvement Value | $34,640,378 | $39,474,260 | -12.2% |
| Taxable Value | $40,946,118 | $45,780,000 | -10.6% |
| Total Tax 2026 = estimate |
~$824,812
Estimated
|
~$885,342
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $40,946,118 | $6,305,740 | $34,640,378 | — | $40,946,118 | $40,946,118 | Not yet — post-cert | Preliminary |
| 2025 | $45,780,000 | $6,305,740 | $39,474,260 | — | $45,780,000 | $45,780,000 | ~$885,342 | Partial |
| 2024 | $46,440,000 | $6,305,740 | $40,134,260 | — | $46,440,000 | $46,440,000 | $866,867 | Verified |
| 2023 | $45,231,589 | $6,305,740 | $38,925,849 | — | $45,231,589 | $45,231,589 | $796,398 | Verified |
| 2022 | $41,330,000 | $6,305,740 | $35,024,260 | — | $41,330,000 | $41,330,000 | $803,698 | Verified |
| 2021 | $33,140,000 | $6,305,740 | $26,834,260 | — | $33,140,000 | $33,140,000 | $723,521 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.6% | -10.6% | ~100% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +2.7% | +2.7% | ~100% | No billing data | Verified |
| 2023 | +9.4% | +9.4% | ~100% | No billing data | Verified |
| 2022 | +24.7% | +24.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.6% | +5.0% | +4.3% | +24.7% | 2022 | -10.6% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$885,342 | $815,165 | ~$853,995 | $885,342 | 2025 | $723,521 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$42,715,430 | ~$42,715,430 | ~1.9558% | ~$835,444 | +4.3% |
| 2028 | ~$44,561,195 | ~$44,561,195 | ~1.8973% | ~$845,454 | +8.8% |
| 2029 | ~$46,486,716 | ~$46,486,716 | ~1.8387% | ~$854,770 | +13.5% |
| 2030 | ~$48,495,441 | ~$48,495,441 | ~1.7802% | ~$863,311 | +18.4% |
| 2031 | ~$50,590,965 | ~$50,590,965 | ~1.7216% | ~$870,996 | +23.6% |
| 2027 | ~$41,896,507 | ~$41,896,507 | ~2.0144% | ~$843,957 | +2.3% |
| 2028 | ~$42,868,956 | ~$42,868,956 | ~2.0144% | ~$863,546 | +4.7% |
| 2029 | ~$43,863,976 | ~$43,863,976 | ~2.0144% | ~$883,589 | +7.1% |
| 2030 | ~$44,882,091 | ~$44,882,091 | ~2.0144% | ~$904,098 | +9.6% |
| 2031 | ~$45,923,837 | ~$45,923,837 | ~2.0144% | ~$925,083 | +12.2% |
| 2027 | ~$43,534,352 | ~$43,534,352 | ~1.9266% | ~$838,716 | +6.3% |
| 2028 | ~$46,286,190 | ~$46,286,190 | ~1.8387% | ~$851,082 | +13.0% |
| 2029 | ~$49,211,974 | ~$49,211,974 | ~1.7509% | ~$861,661 | +20.2% |
| 2030 | ~$52,322,699 | ~$52,322,699 | ~1.6631% | ~$870,176 | +27.8% |
| 2031 | ~$55,630,055 | ~$55,630,055 | ~1.5753% | ~$876,324 | +35.9% |
In 2025, this property's market value of $45,780,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 88× 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 | $45,780,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $46,440,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $45,231,589 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $41,330,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $33,140,000 | $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 | — |