DECKER LN TX
| Owner | SPECTRA PARK LEASEHOLD LP |
|---|---|
| Parcel ID | 0211360207 |
| Short ID | 881289 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 310,068 SF |
| Land SF | 704,496 SF |
| Acres | 16.173 |
| Year Built | 2022 |
| Legal | LOT 4 DECKER CORNER SUBD |
| Neighborhood | 08EC |
| Land | $528,372 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $528,372 |
| Improvement | $65,031,628 |
|---|---|
| Total Improvement | $65,031,628 |
| Market | $65,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,560,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,560,000 |
| Taxable Value | $65,560,000 |
|---|
Appreciation: Market value has risen +3458.1% from $1,842,552 (2021) to $65,560,000 (2025), a CAGR of 144.2% 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,444,080. Manor ISD is the largest single contributor, at 49.1% 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 1% of market value ($528,372 land vs $65,031,628 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,560,000, 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 -22.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $151,516 by 2031, with an estimated annual tax burden around $2,837. 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 | 310,068 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $708,965.84 | $708,965.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $343,545.55 | $343,545.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,403.98 | $246,403.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,375.88 | $77,375.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,789.04 | $67,789.04 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $1,444,080.29 | $1,444,080.29 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $708,965.84 | 49.1% |
| CAT City of Austin | 0.5240% | $343,545.55 | 23.8% |
| TCO Travis County | 0.3758% | $246,403.98 | 17.1% |
| THD Travis Central Health | 0.1180% | $77,375.88 | 5.4% |
| ACT Austin Community College | 0.1034% | $67,789.04 | 4.7% |
| Total | 2.2027% | $1,444,080.29 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $528,372 | $65,560,000 | -99.2% |
| Assessed Value | $528,372 | $65,560,000 | -99.2% |
| Land Value | $528,372 | $528,372 | +0.0% |
| Improvement Value | — | $65,031,628 | — |
| Taxable Value | $528,372 | $65,560,000 | -99.2% |
| Total Tax 2026 = estimate |
~$11,638
Estimated
|
~$1,444,080
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $528,372 | $528,372 | — | — | $528,372 | $528,372 | Not yet — post-cert | Preliminary |
| 2025 | $65,560,000 | $528,372 | $65,031,628 | — | $65,560,000 | $65,560,000 | ~$1,444,080 | Partial |
| 2024 | $70,810,000 | $528,372 | $70,281,628 | — | $70,810,000 | $70,810,000 | $1,433,277 | Verified |
| 2023 | $83,160,000 | $528,372 | $82,631,628 | — | $83,160,000 | $83,160,000 | $1,554,303 | Verified |
| 2022 | $75,530,000 | $1,056,744 | $74,473,256 | — | $75,530,000 | $75,530,000 | $1,670,159 | Verified |
| 2021 | $1,842,552 | $528,372 | $1,314,180 | — | $1,842,552 | $1,842,552 | $45,455 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -99.2% ! | -99.2% | ~100% | Not available | Partial |
| 2025 | -7.4% | -7.4% | ~100% | Not available | Partial |
| 2024 | -14.9% | -14.9% | ~100% | No billing data | Verified |
| 2023 | +10.1% | +10.1% | ~100% | No billing data | Verified |
| 2022 | +3999.2% ! | +3999.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3458.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -99.2% | +777.6% | -22.1% | +3999.2% | 2022 | -99.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,444,080 | $1,229,455 | ~$5,409 | $1,670,159 | 2022 | $45,455 | 2021 |
Market value changed by 3999% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$411,570 | ~$411,570 | ~2.1366% | ~$8,794 | -22.1% |
| 2028 | ~$320,588 | ~$320,588 | ~2.0705% | ~$6,638 | -39.3% |
| 2029 | ~$249,719 | ~$249,719 | ~2.0045% | ~$5,006 | -52.7% |
| 2030 | ~$194,516 | ~$194,516 | ~1.9384% | ~$3,770 | -63.2% |
| 2031 | ~$151,516 | ~$151,516 | ~1.8723% | ~$2,837 | -71.3% |
| 2027 | ~$501,953 | ~$501,953 | ~2.2027% | ~$11,056 | -5.0% |
| 2028 | ~$476,856 | ~$476,856 | ~2.2027% | ~$10,504 | -9.7% |
| 2029 | ~$453,013 | ~$453,013 | ~2.2027% | ~$9,978 | -14.3% |
| 2030 | ~$430,362 | ~$430,362 | ~2.2027% | ~$9,480 | -18.5% |
| 2031 | ~$408,844 | ~$408,844 | ~2.2027% | ~$9,006 | -22.6% |
| 2027 | ~$422,138 | ~$422,138 | ~2.1036% | ~$8,880 | -20.1% |
| 2028 | ~$337,263 | ~$337,263 | ~2.0045% | ~$6,760 | -36.2% |
| 2029 | ~$269,453 | ~$269,453 | ~1.9054% | ~$5,134 | -49.0% |
| 2030 | ~$215,276 | ~$215,276 | ~1.8062% | ~$3,888 | -59.3% |
| 2031 | ~$171,993 | ~$171,993 | ~1.7071% | ~$2,936 | -67.4% |
In 2025, this property's market value of $65,560,000 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 | $65,560,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $70,810,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $83,160,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $75,530,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,842,552 | $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 | — |