11214 N RANCH RD 620 TX 78726
| Owner | BRECKENRIDGE MULTIFAMILY |
|---|---|
| Parcel ID | 0174250103 |
| Short ID | 441097 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 153,450 SF |
| Land SF | 640,506 SF |
| Acres | 14.704 |
| Year Built | 2023 |
| Legal | LOT 1&2 WOODLANDS GREEN SUBD |
| Neighborhood | 61NWE |
| Land | $3,843,036 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,843,036 |
| Improvement | $42,716,964 |
|---|---|
| Total Improvement | $42,716,964 |
| Market | $46,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,560,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,560,000 |
| Taxable Value | $46,560,000 |
|---|
Appreciation: Market value has risen +1717.3% from $2,562,025 (2021) to $46,560,000 (2025), a CAGR of 106.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 1.7842% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $830,709. Leander ISD is the largest single contributor, at 60.9% 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 8% of market value ($3,843,036 land vs $42,716,964 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,560,000, 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 +70.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $543,916,980 by 2031, with an estimated annual tax burden around $902,198. 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 | 153,450 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% | $506,060.64 | $506,060.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $174,993.43 | $174,993.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $54,951.51 | $54,951.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,143.04 | $48,143.04 | Paid |
| E14 Travis County ESD # 14 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $46,560.00 | $46,560.00 | Paid |
| Combined Rate | 2.0110% | 1.8902% | 1.7126% | 1.7406% | 1.7842% | +0.0436% | $830,708.62 | $830,708.62 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILE Leander ISD | 1.0869% | $506,060.64 | 60.9% |
| TCO Travis County | 0.3758% | $174,993.43 | 21.1% |
| THD Travis Central Health | 0.1180% | $54,951.51 | 6.6% |
| ACT Austin Community College | 0.1034% | $48,143.04 | 5.8% |
| E14 Travis County ESD # 14 | 0.1000% | $46,560.00 | 5.6% |
| Total | 1.7842% | $830,708.62 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $37,330,000 | $46,560,000 | -19.8% |
| Assessed Value | $37,330,000 | $46,560,000 | -19.8% |
| Land Value | $3,843,036 | $3,843,036 | +0.0% |
| Improvement Value | $33,486,964 | $42,716,964 | -21.6% |
| Taxable Value | $37,330,000 | $46,560,000 | -19.8% |
| Total Tax 2026 = estimate |
~$666,030
Estimated
|
~$830,709
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $37,330,000 | $3,843,036 | $33,486,964 | — | $37,330,000 | $37,330,000 | Not yet — post-cert | Preliminary |
| 2025 | $46,560,000 | $3,843,036 | $42,716,964 | — | $46,560,000 | $46,560,000 | ~$830,709 | Partial |
| 2024 | $27,293,879 | $3,843,036 | $23,450,843 | — | $27,293,879 | $27,293,879 | $475,081 | Verified |
| 2023 | $5,169,804 | $3,843,036 | $1,326,768 | — | $5,169,804 | $5,169,804 | $88,540 | Verified |
| 2022 | $2,562,025 | $2,562,024 | $1 | — | $2,562,025 | $2,562,025 | $48,428 | Verified |
| 2021 | $2,562,025 | $2,562,024 | $1 | — | $2,562,025 | $2,562,025 | $51,522 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.8% | -19.8% | ~100% | Not available | Partial |
| 2025 | +70.6% | +70.6% | ~100% | Not available | Partial |
| 2024 | +427.9% ! | +427.9% | ~100% | No billing data | Verified |
| 2023 | +101.8% ! | +101.8% | ~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): +1717.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.8% | +116.1% | +70.9% | +427.9% | 2024 | -19.8% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$830,709 | $298,856 | ~$803,871 | $830,709 | 2025 | $48,428 | 2022 |
Market value changed by 102% 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 | ~$63,790,046 | ~$41,063,000 | ~1.7275% | ~$709,349 | +70.9% |
| 2028 | ~$109,005,357 | ~$45,169,300 | ~1.6708% | ~$754,672 | +192.0% |
| 2029 | ~$186,269,936 | ~$49,686,230 | ~1.6141% | ~$801,965 | +399.0% |
| 2030 | ~$318,300,772 | ~$54,654,853 | ~1.5574% | ~$851,171 | +752.7% |
| 2031 | ~$543,916,980 | ~$60,120,338 | ~1.5007% | ~$902,198 | +1357.1% |
| 2027 | ~$63,043,446 | ~$41,063,000 | ~1.7842% | ~$732,633 | +68.9% |
| 2028 | ~$106,468,687 | ~$45,169,300 | ~1.7842% | ~$805,896 | +185.2% |
| 2029 | ~$179,805,864 | ~$49,686,230 | ~1.7842% | ~$886,486 | +381.7% |
| 2030 | ~$303,658,754 | ~$54,654,853 | ~1.7842% | ~$975,134 | +713.4% |
| 2031 | ~$512,823,313 | ~$60,120,338 | ~1.7842% | ~$1,072,648 | +1273.8% |
| 2027 | ~$64,536,646 | ~$41,063,000 | ~1.6991% | ~$697,707 | +72.9% |
| 2028 | ~$111,571,891 | ~$45,169,300 | ~1.6141% | ~$729,059 | +198.9% |
| 2029 | ~$192,887,104 | ~$49,686,230 | ~1.5290% | ~$759,705 | +416.7% |
| 2030 | ~$333,466,027 | ~$54,654,853 | ~1.4440% | ~$789,190 | +793.3% |
| 2031 | ~$576,500,908 | ~$60,120,338 | ~1.3589% | ~$816,974 | +1444.3% |
In 2025, this property's market value of $46,560,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 90× 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 | $46,560,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $27,293,879 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $5,169,804 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,562,025 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,562,025 | $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 | — |