201 S 1 ST TX 78704
| Owner | 422 WEST RIVERSIDE DRIVE LP |
|---|---|
| Parcel ID | 0203000209 |
| Short ID | 190730 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 68,046 SF |
| Land SF | 66,769 SF |
| Acres | 1.533 |
| Year Built | 2014 |
| Legal | 1.5328 AC OF LOT 3F SWISHER ADDN |
| Neighborhood | 08CBD |
| Land | $15,356,817 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,356,817 |
| Improvement | $50,193,183 |
|---|---|
| Total Improvement | $50,193,183 |
| Market | $65,550,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,550,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,550,000 |
| Taxable Value | $65,550,000 |
|---|
Appreciation: Market value has fallen -2.0% from $66,890,000 (2021) to $65,550,000 (2025), a CAGR of -0.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $1,341,471. Austin ISD is the largest single contributor, at 43.3% 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 23% of market value ($15,356,817 land vs $50,193,183 improvements), about $230/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,550,000, 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 +0.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $67,159,679 by 2031, with an estimated annual tax burden around $1,265,115. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 345,712 SF | ✗ |
| 187 | PARKING GARAGE | 106,675 SF | ✓ |
| ADDL | Additional Floor | 34,013 SF | ✓ |
| 5TH | 5th Floor | 33,584 SF | ✓ |
| 2ND | 2nd Floor | 33,247 SF | ✓ |
| 3RD | 3rd Floor | 33,247 SF | ✓ |
| 4TH | 4th Floor | 33,247 SF | ✓ |
| MISC | Miscellaneous | 6,234 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 1ST | 1st Floor | 1,552 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $606,468.60 | $606,468.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $343,493.14 | $343,493.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,366.40 | $246,366.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,364.08 | $77,364.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,778.70 | $67,778.70 | Paid |
| P2U | — | — | — | — | — | — | $60,171.25 | $60,171.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,401,642.17 | $1,401,642.17 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $606,468.60 | 43.3% |
| CAT City of Austin | 0.5240% | $343,493.14 | 24.5% |
| TCO Travis County | 0.3758% | $246,366.40 | 17.6% |
| THD Travis Central Health | 0.1180% | $77,364.08 | 5.5% |
| ACT Austin Community College | 0.1034% | $67,778.70 | 4.8% |
| P2U | — | $60,171.25 | 4.3% |
| Total | 2.0465% 5 of 6 | $1,401,642.17 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $67,024,704 | $65,550,000 | +2.2% |
| Assessed Value | $67,024,704 | $65,550,000 | +2.2% |
| Land Value | $15,356,817 | $15,356,817 | +0.0% |
| Improvement Value | $51,667,887 | $50,193,183 | +2.9% |
| Taxable Value | $67,024,704 | $65,550,000 | +2.2% |
| Total Tax 2026 = estimate |
~$1,371,651
Estimated
|
~$1,401,642
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $67,024,704 | $15,356,817 | $51,667,887 | — | $67,024,704 | $67,024,704 | Not yet — post-cert | Preliminary |
| 2025 | $65,550,000 | $15,356,817 | $50,193,183 | — | $65,550,000 | $65,550,000 | ~$1,401,642 | Partial |
| 2024 | $73,000,000 | $15,356,817 | $57,643,183 | — | $73,000,000 | $73,000,000 | $1,464,461 | Verified |
| 2023 | $78,900,000 | $15,356,817 | $63,543,183 | — | $78,900,000 | $78,900,000 | $1,418,874 | Verified |
| 2022 | $73,500,000 | $10,015,316 | $63,484,684 | — | $73,500,000 | $73,500,000 | $1,485,044 | Verified |
| 2021 | $66,890,000 | $10,015,316 | $56,874,684 | — | $66,890,000 | $66,890,000 | $1,394,031 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.2% | +2.2% | ~100% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | No billing data | Verified |
| 2023 | +7.3% | +7.3% | ~100% | No billing data | Verified |
| 2022 | +9.9% | +9.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | +0.3% | +0.0% | +9.9% | 2022 | -10.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,401,642 | $1,432,811 | ~$1,307,764 | $1,485,044 | 2022 | $1,394,031 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$67,051,677 | ~$67,051,677 | ~2.0139% | ~$1,350,378 | +0.0% |
| 2028 | ~$67,078,662 | ~$67,078,662 | ~1.9814% | ~$1,329,089 | +0.1% |
| 2029 | ~$67,105,657 | ~$67,105,657 | ~1.9488% | ~$1,307,782 | +0.1% |
| 2030 | ~$67,132,662 | ~$67,132,662 | ~1.9163% | ~$1,286,457 | +0.2% |
| 2031 | ~$67,159,679 | ~$67,159,679 | ~1.8837% | ~$1,265,115 | +0.2% |
| 2027 | ~$65,711,183 | ~$65,711,183 | ~2.0465% | ~$1,344,770 | -2.0% |
| 2028 | ~$64,423,404 | ~$64,423,404 | ~2.0465% | ~$1,318,415 | -3.9% |
| 2029 | ~$63,160,863 | ~$63,160,863 | ~2.0465% | ~$1,292,578 | -5.8% |
| 2030 | ~$61,923,064 | ~$61,923,064 | ~2.0465% | ~$1,267,246 | -7.6% |
| 2031 | ~$60,709,523 | ~$60,709,523 | ~2.0465% | ~$1,242,411 | -9.4% |
| 2027 | ~$68,392,171 | ~$68,392,171 | ~1.9977% | ~$1,366,245 | +2.0% |
| 2028 | ~$69,787,538 | ~$69,787,538 | ~1.9488% | ~$1,360,047 | +4.1% |
| 2029 | ~$71,211,374 | ~$71,211,374 | ~1.9000% | ~$1,353,028 | +6.2% |
| 2030 | ~$72,664,260 | ~$72,664,260 | ~1.8512% | ~$1,345,156 | +8.4% |
| 2031 | ~$74,146,788 | ~$74,146,788 | ~1.8024% | ~$1,336,400 | +10.6% |
In 2025, this property's market value of $65,550,000 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 | $65,550,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $73,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $78,900,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $73,500,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $66,890,000 | $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 | — |