2401 ALDRICH ST TX 78722
| Owner | PPF AMLI ALDRIDGE AVENUE LLC |
|---|---|
| Parcel ID | 0219150401 |
| Short ID | 858846 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 297,356 SF |
| Land SF | 188,136 SF |
| Acres | 4.319 |
| Year Built | 2017 |
| Legal | LOT 1 BLK 4A MUELLER SEC 2C-2 SUBD |
| Neighborhood | 08EC |
| Land | $8,466,104 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,466,104 |
| Improvement | $91,133,896 |
|---|---|
| Total Improvement | $91,133,896 |
| Market | $99,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $99,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $99,600,000 |
| Taxable Value | $99,600,000 |
|---|
Appreciation: Market value has risen +14.7% from $86,820,000 (2021) to $99,600,000 (2025), a CAGR of 3.5% 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 $2,038,299. 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 ($8,466,104 land vs $91,133,896 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $99,600,000, 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 +1.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $104,200,698 by 2031, with an estimated annual tax burden around $1,962,873. 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 | 297,356 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% | $921,499.20 | $921,499.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $521,920.93 | $521,920.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $374,341.62 | $374,341.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $117,550.91 | $117,550.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $102,986.40 | $102,986.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,038,299.06 | $2,038,299.06 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $921,499.20 | 45.2% |
| CAT City of Austin | 0.5240% | $521,920.93 | 25.6% |
| TCO Travis County | 0.3758% | $374,341.62 | 18.4% |
| THD Travis Central Health | 0.1180% | $117,550.91 | 5.8% |
| ACT Austin Community College | 0.1034% | $102,986.40 | 5.1% |
| Total | 2.0465% | $2,038,299.06 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $95,114,166 | $99,600,000 | -4.5% |
| Assessed Value | $95,114,166 | $99,600,000 | -4.5% |
| Land Value | $8,466,104 | $8,466,104 | +0.0% |
| Improvement Value | $86,648,062 | $91,133,896 | -4.9% |
| Taxable Value | $95,114,166 | $99,600,000 | -4.5% |
| Total Tax 2026 = estimate |
~$1,946,497
Estimated
|
~$2,038,299
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $95,114,166 | $8,466,104 | $86,648,062 | — | $95,114,166 | $95,114,166 | Not yet — post-cert | Preliminary |
| 2025 | $99,600,000 | $8,466,104 | $91,133,896 | — | $99,600,000 | $99,600,000 | ~$2,038,299 | Partial |
| 2024 | $98,120,000 | $8,466,104 | $89,653,896 | — | $98,120,000 | $98,120,000 | $1,827,588 | Verified |
| 2023 | $109,740,999 | $8,466,104 | $101,274,895 | — | $109,740,999 | $109,740,999 | $1,705,253 | Verified |
| 2022 | $101,000,000 | $8,466,104 | $92,533,896 | — | $101,000,000 | $101,000,000 | $1,745,135 | Verified |
| 2021 | $86,820,000 | $8,466,104 | $78,353,896 | — | $86,820,000 | $86,820,000 | $1,847,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2024 | -10.6% | -10.6% | ~100% | No billing data | Verified |
| 2023 | +8.7% | +8.7% | ~100% | No billing data | Verified |
| 2022 | +16.3% | +16.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.5% | +2.3% | +1.8% | +16.3% | 2022 | -10.6% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,038,299 | $1,832,843 | ~$1,957,386 | $2,038,299 | 2025 | $1,705,253 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$96,865,760 | ~$96,865,760 | ~2.0139% | ~$1,950,815 | +1.8% |
| 2028 | ~$98,649,610 | ~$98,649,610 | ~1.9814% | ~$1,954,632 | +3.7% |
| 2029 | ~$100,466,311 | ~$100,466,311 | ~1.9488% | ~$1,957,927 | +5.6% |
| 2030 | ~$102,316,469 | ~$102,316,469 | ~1.9163% | ~$1,960,681 | +7.6% |
| 2031 | ~$104,200,698 | ~$104,200,698 | ~1.8837% | ~$1,962,873 | +9.6% |
| 2027 | ~$94,963,476 | ~$94,963,476 | ~2.0465% | ~$1,943,413 | -0.2% |
| 2028 | ~$94,813,025 | ~$94,813,025 | ~2.0465% | ~$1,940,334 | -0.3% |
| 2029 | ~$94,662,813 | ~$94,662,813 | ~2.0465% | ~$1,937,260 | -0.5% |
| 2030 | ~$94,512,838 | ~$94,512,838 | ~2.0465% | ~$1,934,191 | -0.6% |
| 2031 | ~$94,363,101 | ~$94,363,101 | ~2.0465% | ~$1,931,127 | -0.8% |
| 2027 | ~$98,768,043 | ~$98,768,043 | ~1.9977% | ~$1,973,052 | +3.8% |
| 2028 | ~$102,562,286 | ~$102,562,286 | ~1.9488% | ~$1,998,774 | +7.8% |
| 2029 | ~$106,502,288 | ~$106,502,288 | ~1.9000% | ~$2,023,561 | +12.0% |
| 2030 | ~$110,593,648 | ~$110,593,648 | ~1.8512% | ~$2,047,303 | +16.3% |
| 2031 | ~$114,842,180 | ~$114,842,180 | ~1.8024% | ~$2,069,882 | +20.7% |
In 2025, this property's market value of $99,600,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 192× 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 | $99,600,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $98,120,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $109,740,999 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $101,000,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $86,820,000 | $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 | — |