801 W 24 ST TX 78705
| Owner | LCD-AUSTIN PROPERTY OWNER LLC |
|---|---|
| Parcel ID | 0214011425 |
| Short ID | 206709 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 53,258 SF |
| Acres | 1.223 |
| Year Built | — |
| Legal | 1.2226 AC OF LOTS 5-8 OLT 38-39 DIVISION D |
| Neighborhood | 74DORM |
| Land | $11,983,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,983,050 |
| Improvement | $165,766,950 |
|---|---|
| Total Improvement | $165,766,950 |
| Market | $177,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $177,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $177,750,000 |
| Taxable Value | $177,750,000 |
|---|
Appreciation: Market value has risen +1754.2% from $9,586,440 (2021) to $177,750,000 (2025), a CAGR of 107.5% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $3,637,627. Austin ISD is the largest single contributor, at 45.2% 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 7% of market value ($11,983,050 land vs $165,766,950 improvements), about $225/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $177,750,000, 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 +83.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,153,294,995 by 2031, with an estimated annual tax burden around $6,053,549. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 328,340 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% | $1,535,832.00 | $1,535,832.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $869,868.22 | $869,868.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $623,902.70 | $623,902.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $195,918.18 | $195,918.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $171,644.00 | $171,644.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,397,165.10 | $3,397,165.10 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,535,832.00 | 45.2% |
| CAT City of Austin | 0.5240% | $869,868.22 | 25.6% |
| TCO Travis County | 0.3758% | $623,902.70 | 18.4% |
| THD Travis Central Health | 0.1180% | $195,918.18 | 5.8% |
| ACT Austin Community College | 0.1034% | $171,644.00 | 5.1% |
| Total | 2.0465% | $3,397,165.10 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $199,537,749 | $177,750,000 | +12.3% |
| Assessed Value | $199,537,749 | $177,750,000 | +12.3% |
| Land Value | $7,988,700 | $11,983,050 | -33.3% |
| Improvement Value | $191,549,049 | $165,766,950 | +15.6% |
| Taxable Value | $199,537,749 | $177,750,000 | +12.3% |
| Total Tax 2026 = estimate |
~$4,083,510
Estimated
|
~$3,397,165
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $199,537,749 | $7,988,700 | $191,549,049 | — | $199,537,749 | $199,537,749 | Not yet — post-cert | Preliminary |
| 2025 | $177,750,000 | $11,983,050 | $165,766,950 | — | $177,750,000 | $177,750,000 | ~$3,397,165 | Partial |
| 2024 | $177,500,000 | $11,983,050 | $165,516,950 | — | $177,500,000 | $177,500,000 | $3,517,720 | Verified |
| 2023 | $95,123,992 | $11,983,050 | $83,140,942 | — | $95,123,992 | $95,123,992 | $1,721,028 | Verified |
| 2022 | $36,969,339 | $9,586,440 | $27,382,899 | — | $36,969,339 | $36,969,339 | $730,116 | Verified |
| 2021 | $9,586,440 | $9,586,440 | — | — | $9,586,440 | $9,586,440 | $208,666 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.3% | +12.3% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +86.6% ! | +86.6% | ~100% | No billing data | Verified |
| 2023 | +157.3% ! | +157.3% | ~100% | No billing data | Verified |
| 2022 | +285.6% ! | +285.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1754.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.3% | +108.4% | +83.5% | +285.6% | 2022 | +0.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,397,165 | $1,914,939 | ~$5,206,396 | $3,517,720 | 2024 | $208,666 | 2021 |
Market value changed by 286% 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 | ~$366,183,364 | ~$219,491,524 | ~2.0139% | ~$4,420,420 | +83.5% |
| 2028 | ~$672,004,456 | ~$241,440,676 | ~1.9814% | ~$4,783,877 | +236.8% |
| 2029 | ~$1,233,234,582 | ~$265,584,744 | ~1.9488% | ~$5,175,820 | +518.0% |
| 2030 | ~$2,263,180,731 | ~$292,143,218 | ~1.9163% | ~$5,598,314 | +1034.2% |
| 2031 | ~$4,153,294,995 | ~$321,357,540 | ~1.8837% | ~$6,053,549 | +1981.5% |
| 2027 | ~$362,192,609 | ~$219,491,524 | ~2.0465% | ~$4,491,861 | +81.5% |
| 2028 | ~$657,436,936 | ~$241,440,676 | ~2.0465% | ~$4,941,047 | +229.5% |
| 2029 | ~$1,193,352,139 | ~$265,584,744 | ~2.0465% | ~$5,435,152 | +498.1% |
| 2030 | ~$2,166,123,089 | ~$292,143,218 | ~2.0465% | ~$5,978,667 | +985.6% |
| 2031 | ~$3,931,856,393 | ~$321,357,540 | ~2.0465% | ~$6,576,534 | +1870.5% |
| 2027 | ~$370,174,119 | ~$219,491,524 | ~1.9977% | ~$4,384,699 | +85.5% |
| 2028 | ~$686,731,605 | ~$241,440,676 | ~1.9488% | ~$4,705,291 | +244.2% |
| 2029 | ~$1,273,995,866 | ~$265,584,744 | ~1.9000% | ~$5,046,155 | +538.5% |
| 2030 | ~$2,363,464,058 | ~$292,143,218 | ~1.8512% | ~$5,408,138 | +1084.5% |
| 2031 | ~$4,384,600,061 | ~$321,357,540 | ~1.8024% | ~$5,792,056 | +2097.4% |
In 2025, this property's market value of $177,750,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 342× 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 | $177,750,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $177,500,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $95,123,992 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $36,969,339 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $9,586,440 | $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 | — |