1900 SIMOND AVE TX 78722
| Owner | PPF AMLI SIMOND AVENUE LLC |
|---|---|
| Parcel ID | 0217131101 |
| Short ID | 820882 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 173,784 SF |
| Land SF | 158,394 SF |
| Acres | 3.636 |
| Year Built | 2014 |
| Legal | LOT 1 BLK 28 MUELLER SEC IIB SUBD |
| Neighborhood | 08EC |
| Land | $7,127,712 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,127,712 |
| Improvement | $71,872,288 |
|---|---|
| Total Improvement | $71,872,288 |
| Market | $79,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $79,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $79,000,000 |
| Taxable Value | $79,000,000 |
|---|
Appreciation: Market value has risen +10.1% from $71,780,000 (2021) to $79,000,000 (2025), a CAGR of 2.4% over 4 years. Growth has been relatively flat for this asset class. 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 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 $1,616,723. 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 9% of market value ($7,127,712 land vs $71,872,288 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $79,000,000, 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 +1.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $79,153,732 by 2031, with an estimated annual tax burden around $1,491,052. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 188,080 SF | ✓ |
| 1ST | 1st Floor | 68,510 SF | ✓ |
| 2ND | 2nd Floor | 52,637 SF | ✓ |
| 3RD | 3rd Floor | 52,637 SF | ✓ |
| 4TH | 4th Floor | 44,656 SF | ✓ |
| 5TH | 5th Floor | 18,248 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% | $684,648.00 | $684,648.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $387,772.58 | $387,772.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $278,125.30 | $278,125.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $87,337.02 | $87,337.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $76,516.00 | $76,516.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,514,398.90 | $1,514,398.90 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $684,648.00 | 45.2% |
| CAT City of Austin | 0.5240% | $387,772.58 | 25.6% |
| TCO Travis County | 0.3758% | $278,125.30 | 18.4% |
| THD Travis Central Health | 0.1180% | $87,337.02 | 5.8% |
| ACT Austin Community College | 0.1034% | $76,516.00 | 5.1% |
| Total | 2.0465% | $1,514,398.90 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $75,376,753 | $79,000,000 | -4.6% |
| Assessed Value | $75,376,753 | $79,000,000 | -4.6% |
| Land Value | $7,127,712 | $7,127,712 | +0.0% |
| Improvement Value | $68,249,041 | $71,872,288 | -5.0% |
| Taxable Value | $75,376,753 | $79,000,000 | -4.6% |
| Total Tax 2026 = estimate |
~$1,542,574
Estimated
|
~$1,514,399
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $75,376,753 | $7,127,712 | $68,249,041 | — | $75,376,753 | $75,376,753 | Not yet — post-cert | Preliminary |
| 2025 | $79,000,000 | $7,127,712 | $71,872,288 | — | $79,000,000 | $79,000,000 | ~$1,514,399 | Partial |
| 2024 | $83,000,000 | $7,127,712 | $75,872,288 | — | $83,000,000 | $83,000,000 | $1,532,075 | Verified |
| 2023 | $88,460,871 | $7,127,712 | $81,333,159 | — | $88,460,871 | $88,460,871 | $1,422,766 | Verified |
| 2022 | $81,280,000 | $7,127,712 | $74,152,288 | — | $81,280,000 | $81,280,000 | $1,429,228 | Verified |
| 2021 | $71,780,000 | $7,127,712 | $64,652,288 | — | $71,780,000 | $71,780,000 | $1,490,091 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | -6.2% | -6.2% | ~100% | No billing data | Verified |
| 2023 | +8.8% | +8.8% | ~100% | No billing data | Verified |
| 2022 | +13.2% | +13.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.6% | +1.3% | +1.0% | +13.2% | 2022 | -6.2% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,514,399 | $1,477,712 | ~$1,512,354 | $1,532,075 | 2024 | $1,422,766 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$76,117,448 | ~$76,117,448 | ~2.0139% | ~$1,532,957 | +1.0% |
| 2028 | ~$76,865,422 | ~$76,865,422 | ~1.9814% | ~$1,523,002 | +2.0% |
| 2029 | ~$77,620,745 | ~$77,620,745 | ~1.9488% | ~$1,512,704 | +3.0% |
| 2030 | ~$78,383,491 | ~$78,383,491 | ~1.9163% | ~$1,502,056 | +4.0% |
| 2031 | ~$79,153,732 | ~$79,153,732 | ~1.8837% | ~$1,491,052 | +5.0% |
| 2027 | ~$74,609,913 | ~$74,609,913 | ~2.0465% | ~$1,526,881 | -1.0% |
| 2028 | ~$73,850,874 | ~$73,850,874 | ~2.0465% | ~$1,511,347 | -2.0% |
| 2029 | ~$73,099,558 | ~$73,099,558 | ~2.0465% | ~$1,495,971 | -3.0% |
| 2030 | ~$72,355,885 | ~$72,355,885 | ~2.0465% | ~$1,480,752 | -4.0% |
| 2031 | ~$71,619,777 | ~$71,619,777 | ~2.0465% | ~$1,465,688 | -5.0% |
| 2027 | ~$77,624,983 | ~$77,624,983 | ~1.9977% | ~$1,550,685 | +3.0% |
| 2028 | ~$79,940,270 | ~$79,940,270 | ~1.9488% | ~$1,557,908 | +6.1% |
| 2029 | ~$82,324,615 | ~$82,324,615 | ~1.9000% | ~$1,564,181 | +9.2% |
| 2030 | ~$84,780,076 | ~$84,780,076 | ~1.8512% | ~$1,569,444 | +12.5% |
| 2031 | ~$87,308,775 | ~$87,308,775 | ~1.8024% | ~$1,573,628 | +15.8% |
In 2025, this property's market value of $79,000,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 152× 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 | $79,000,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $83,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $88,460,871 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $81,280,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $71,780,000 | $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 | — |