80 RED RIVER 1 ST 78701
| Owner | PR II GENESIS 80 RRS PHASE 2 LP |
|---|---|
| Parcel ID | 0203033102 |
| Short ID | 959074 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | 393,300 SF |
| Land SF | 49,889 SF |
| Acres | 1.145 |
| Year Built | 2022 |
| Legal | 80 RED RIVER CONDOMINIUMS UNT 1 50%INT IN COMMON AREA |
| Neighborhood | CBDC |
| Land | $34,049,427 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $34,049,427 |
| Improvement | $92,541,200 |
|---|---|
| Total Improvement | $92,541,200 |
| Market | $126,590,627 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $126,590,627 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $126,590,627 |
| Taxable Value | $126,590,627 |
|---|
Appreciation: Market value has risen +327.3% from $29,623,750 (2022) to $126,590,627 (2025), a CAGR of 62.3% over 3 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 fell -15.5%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,590,658. 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 27% of market value ($34,049,427 land vs $92,541,200 improvements), about $683/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $126,590,627, 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 +57.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,754,725,399 by 2031, with an estimated annual tax burden around $5,513,578. 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 | 393,300 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% | $1,105,438.21 | $1,105,438.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $626,100.75 | $626,100.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $449,063.36 | $449,063.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $141,015.06 | $141,015.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $123,543.35 | $123,543.35 | Paid |
| P2U | — | — | — | — | — | — | $110,057.43 | $110,057.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,555,218.16 | $2,555,218.16 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,105,438.21 | 43.3% |
| CAT City of Austin | 0.5240% | $626,100.75 | 24.5% |
| TCO Travis County | 0.3758% | $449,063.36 | 17.6% |
| THD Travis Central Health | 0.1180% | $141,015.06 | 5.5% |
| ACT Austin Community College | 0.1034% | $123,543.35 | 4.8% |
| P2U | — | $110,057.43 | 4.3% |
| Total | 2.0465% 5 of 6 | $2,555,218.16 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $181,739,168 | $126,590,627 | +43.6% |
| Assessed Value | $181,739,168 | $126,590,627 | +43.6% |
| Land Value | $43,653,111 | $34,049,427 | +28.2% |
| Improvement Value | $138,086,057 | $92,541,200 | +49.2% |
| Taxable Value | $181,739,168 | $126,590,627 | +43.6% |
| Total Tax 2026 = estimate |
~$3,719,265
Estimated
|
~$2,555,218
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $181,739,168 | $43,653,111 | $138,086,057 | — | $181,739,168 | $181,739,168 | Not yet — post-cert | Preliminary |
| 2025 | $126,590,627 | $34,049,427 | $92,541,200 | — | $126,590,627 | $126,590,627 | ~$2,555,218 | Partial |
| 2024 | $93,911,260 | $34,049,427 | $59,861,833 | — | $93,911,260 | $93,911,260 | $1,612,794 | Verified |
| 2023 | $41,532,156 | $34,049,427 | $7,482,729 | — | $41,532,156 | $41,532,156 | $687,493 | Verified |
| 2022 | $29,623,750 | $34,049,427 | — | — | $29,623,750 | $29,623,750 | $614,170 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +43.6% | +43.6% | ~100% | Not available | Partial |
| 2025 | +34.8% | +34.8% | ~100% | Not available | Partial |
| 2024 | +126.1% ! | +126.1% | ~100% | No billing data | Verified |
| 2023 | +40.2% | +40.2% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +327.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +43.6% | +61.2% | +57.4% | +126.1% | 2024 | +34.8% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,555,218 | $1,367,419 | ~$4,741,990 | $2,555,218 | 2025 | $614,170 | 2022 |
Market value changed by 126% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$286,022,805 | ~$199,913,085 | ~2.0139% | ~$4,026,123 | +57.4% |
| 2028 | ~$450,145,369 | ~$219,904,393 | ~1.9814% | ~$4,357,159 | +147.7% |
| 2029 | ~$708,442,997 | ~$241,894,833 | ~1.9488% | ~$4,714,142 | +289.8% |
| 2030 | ~$1,114,954,224 | ~$266,084,316 | ~1.9163% | ~$5,098,950 | +513.5% |
| 2031 | ~$1,754,725,399 | ~$292,692,747 | ~1.8837% | ~$5,513,578 | +865.5% |
| 2027 | ~$282,388,021 | ~$199,913,085 | ~2.0465% | ~$4,091,191 | +55.4% |
| 2028 | ~$438,777,152 | ~$219,904,393 | ~2.0465% | ~$4,500,310 | +141.4% |
| 2029 | ~$681,776,048 | ~$241,894,833 | ~2.0465% | ~$4,950,341 | +275.1% |
| 2030 | ~$1,059,350,009 | ~$266,084,316 | ~2.0465% | ~$5,445,376 | +482.9% |
| 2031 | ~$1,646,027,966 | ~$292,692,747 | ~2.0465% | ~$5,989,913 | +805.7% |
| 2027 | ~$289,657,588 | ~$199,913,085 | ~1.9977% | ~$3,993,588 | +59.4% |
| 2028 | ~$461,658,977 | ~$219,904,393 | ~1.9488% | ~$4,285,584 | +154.0% |
| 2029 | ~$735,796,401 | ~$241,894,833 | ~1.9000% | ~$4,596,042 | +304.9% |
| 2030 | ~$1,172,719,194 | ~$266,084,316 | ~1.8512% | ~$4,925,737 | +545.3% |
| 2031 | ~$1,869,090,835 | ~$292,692,747 | ~1.8024% | ~$5,275,410 | +928.4% |
In 2025, this property's market value of $126,590,627 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 244× 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 | $126,590,627 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $93,911,260 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $41,532,156 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $29,623,750 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 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 | 2022–2024 | 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 | 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 | — |