1535 BARBARA JORDAN BLVD TX 78722
| Owner | MUELLER ALDRICH NE L2B3 LP |
|---|---|
| Parcel ID | 0219161901 |
| Short ID | 911435 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 555,296 SF |
| Land SF | 177,246 SF |
| Acres | 4.069 |
| Year Built | 2024 |
| Legal | LOT 2 BLK 3 MUELLER SEC 1B-2 SUBD |
| Neighborhood | 1EA2 |
| Land | $7,976,054 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,976,054 |
| Improvement | $68,397,382 |
|---|---|
| Total Improvement | $68,397,382 |
| Market | $76,373,436 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $76,373,436 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $76,373,436 |
| Taxable Value | $76,373,436 |
|---|
Appreciation: Market value has risen +1680.5% from $4,289,353 (2021) to $76,373,436 (2025), a CAGR of 105.4% 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 $1,562,971. 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 10% of market value ($7,976,054 land vs $68,397,382 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $76,373,436, 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 +90.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,641,305,555 by 2031, with an estimated annual tax burden around $3,229,165. 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 | 555,296 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% | $706,607.03 | $706,607.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $400,209.79 | $400,209.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $287,045.74 | $287,045.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $90,138.22 | $90,138.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $78,970.13 | $78,970.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,562,970.91 | $1,562,970.91 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $706,607.03 | 45.2% |
| CAT City of Austin | 0.5240% | $400,209.79 | 25.6% |
| TCO Travis County | 0.3758% | $287,045.74 | 18.4% |
| THD Travis Central Health | 0.1180% | $90,138.22 | 5.8% |
| ACT Austin Community College | 0.1034% | $78,970.13 | 5.1% |
| Total | 2.0465% | $1,562,970.91 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $106,440,086 | $76,373,436 | +39.4% |
| Assessed Value | $106,440,086 | $76,373,436 | +39.4% |
| Land Value | $7,976,054 | $7,976,054 | +0.0% |
| Improvement Value | $98,464,032 | $68,397,382 | +44.0% |
| Taxable Value | $106,440,086 | $76,373,436 | +39.4% |
| Total Tax 2026 = estimate |
~$2,178,280
Estimated
|
~$1,562,971
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $106,440,086 | $7,976,054 | $98,464,032 | — | $106,440,086 | $106,440,086 | Not yet — post-cert | Preliminary |
| 2025 | $76,373,436 | $7,976,054 | $68,397,382 | — | $76,373,436 | $76,373,436 | ~$1,562,971 | Partial |
| 2024 | $34,915,546 | $7,976,054 | $26,939,492 | — | $34,915,546 | $34,915,546 | $691,961 | Verified |
| 2023 | $23,466,730 | $7,976,054 | $15,490,676 | — | $23,466,730 | $23,466,730 | $352,803 | Verified |
| 2022 | $4,697,702 | $7,976,054 | — | — | $4,697,702 | $4,697,702 | $92,776 | Verified |
| 2021 | $4,289,353 | $4,289,353 | — | — | $4,289,353 | $4,289,353 | $93,365 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +39.4% | +39.4% | ~100% | Not available | Partial |
| 2025 | +118.7% ! | +118.7% | ~100% | Not available | Partial |
| 2024 | +48.8% | +48.8% | ~100% | No billing data | Verified |
| 2023 | +399.5% ! | +399.5% | ~100% | No billing data | Verified |
| 2022 | +9.5% | +9.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1680.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +39.4% | +123.2% | +90.1% | +399.5% | 2023 | +9.5% | 2022 |
| 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 |
$1,562,971 | $558,775 | ~$2,777,265 | $1,562,971 | 2025 | $92,776 | 2022 |
Market value changed by 400% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$202,324,233 | ~$117,084,095 | ~2.0139% | ~$2,357,999 | +90.1% |
| 2028 | ~$384,583,447 | ~$128,792,504 | ~1.9814% | ~$2,551,879 | +261.3% |
| 2029 | ~$731,026,758 | ~$141,671,754 | ~1.9488% | ~$2,760,955 | +586.8% |
| 2030 | ~$1,389,555,697 | ~$155,838,930 | ~1.9163% | ~$2,986,327 | +1205.5% |
| 2031 | ~$2,641,305,555 | ~$171,422,823 | ~1.8837% | ~$3,229,165 | +2381.5% |
| 2027 | ~$200,195,431 | ~$117,084,095 | ~2.0465% | ~$2,396,108 | +88.1% |
| 2028 | ~$376,533,054 | ~$128,792,504 | ~2.0465% | ~$2,635,719 | +253.8% |
| 2029 | ~$708,193,688 | ~$141,671,754 | ~2.0465% | ~$2,899,291 | +565.3% |
| 2030 | ~$1,331,990,100 | ~$155,838,930 | ~2.0465% | ~$3,189,220 | +1151.4% |
| 2031 | ~$2,505,243,487 | ~$171,422,823 | ~2.0465% | ~$3,508,142 | +2253.7% |
| 2027 | ~$204,453,035 | ~$117,084,095 | ~1.9977% | ~$2,338,945 | +92.1% |
| 2028 | ~$392,718,993 | ~$128,792,504 | ~1.9488% | ~$2,509,959 | +269.0% |
| 2029 | ~$754,345,405 | ~$141,671,754 | ~1.9000% | ~$2,691,787 | +608.7% |
| 2030 | ~$1,448,967,330 | ~$155,838,930 | ~1.8512% | ~$2,884,881 | +1261.3% |
| 2031 | ~$2,783,216,161 | ~$171,422,823 | ~1.8024% | ~$3,089,676 | +2514.8% |
In 2025, this property's market value of $76,373,436 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 147× 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 | $76,373,436 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $34,915,546 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $23,466,730 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $4,697,702 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $4,289,353 | $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 | — |