701 E NORTH LOOP BLVD TX 78751
| Owner | SUNNY QUEST LLC |
|---|---|
| Parcel ID | 0224070310 |
| Short ID | 223222 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 11,798 SF |
| Land SF | 14,625 SF |
| Acres | 0.336 |
| Year Built | 1969 |
| Legal | LOT 24-28 *& S 12.5 FT OF LOT 23 BLK B MURRAY PLACE |
| Neighborhood | 05NC |
| Land | $731,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $731,250 |
| Improvement | $1,828,750 |
|---|---|
| Total Improvement | $1,828,750 |
| Market | $2,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,560,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,560,000 |
| Taxable Value | $2,560,000 |
|---|
| Total Due | $47,825.76 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +34.7% from $1,900,000 (2021) to $2,560,000 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 $52,390. 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 29% of market value ($731,250 land vs $1,828,750 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,560,000, 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 +8.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,397,394 by 2031, with an estimated annual tax burden around $82,836. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $47,825.76 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,192 SF | ✓ |
| 2ND | 2nd Floor | 5,606 SF | ✓ |
| 551 | PAVED AREA | 5,000 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,375 SF | ✗ |
| SO | Sketch Only | 2,331 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 912 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 695 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 300 SF | ✗ |
| 571C | STORAGE DET COMM | 171 SF | ✓ |
| 581C | STORAGE ATT COMM | 145 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 287 | PARKING UNDER FV | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +1,188 |
| Travis County | 0.3444% | 0.3758% | +804 |
| Austin ISD | 0.9505% | 0.9252% | -648 |
| Travis Central Health | 0.1080% | 0.1180% | +257 |
| Austin Community College | 0.1013% | 0.1034% | +54 |
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% | $23,685.12 | $4,883.70 | $18,801.42 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,414.84 | $2,766.02 | $10,648.82 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,621.63 | $1,983.90 | $7,637.73 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,021.39 | $622.99 | $2,398.40 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,647.04 | $545.79 | $2,101.25 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $52,390.02 | $10,802.40 | $41,587.62 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $23,685.12 | 45.2% |
| CAT City of Austin | 0.5240% | $13,414.84 | 25.6% |
| TCO Travis County | 0.3758% | $9,621.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,021.39 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,647.04 | 5.1% |
| Total | 2.0465% | $52,390.02 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,890,510 | $2,560,000 | +12.9% |
| Assessed Value | $2,890,510 | $2,560,000 | +12.9% |
| Land Value | $731,250 | $731,250 | +0.0% |
| Improvement Value | $2,159,260 | $1,828,750 | +18.1% |
| Taxable Value | $2,890,510 | $2,560,000 | +12.9% |
| Total Tax 2026 = estimate |
~$59,154
Estimated
|
$52,390 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,890,510 | $731,250 | $2,159,260 | — | $2,890,510 | $2,890,510 | Not yet — post-cert | Preliminary |
| 2025 | $2,560,000 | $731,250 | $1,828,750 | — | $2,560,000 | $2,560,000 | $52,390 | Verified |
| 2024 | $2,340,000 | $731,250 | $1,608,750 | — | $2,340,000 | $2,340,000 | $46,374 | Verified |
| 2023 | $2,109,482 | $731,250 | $1,378,232 | — | $2,109,482 | $2,109,482 | $38,166 | Verified |
| 2022 | $2,090,487 | $731,250 | $1,359,237 | — | $2,090,487 | $2,090,487 | $41,286 | Verified |
| 2021 | $1,900,000 | $731,250 | $1,168,750 | — | $1,900,000 | $1,900,000 | $41,357 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.9% | +12.9% | ~100% | Not available | Partial |
| 2025 | +9.4% | +9.4% | ~100% | 2.0500% | Verified |
| 2024 | +10.9% | +10.9% | ~100% | No billing data | Verified |
| 2023 | +0.9% | +0.9% | ~100% | No billing data | Verified |
| 2022 | +10.0% | +10.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.9% | +8.8% | +8.8% | +12.9% | 2026 | +0.9% | 2023 |
| 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 | $52,390 | $43,915 | ~$72,765 | $52,390 | 2025 | $38,166 | 2023 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,143,538 | ~$3,143,538 | ~2.0139% | ~$63,309 | +8.8% |
| 2028 | ~$3,418,714 | ~$3,418,714 | ~1.9814% | ~$67,738 | +18.3% |
| 2029 | ~$3,717,980 | ~$3,717,980 | ~1.9488% | ~$72,457 | +28.6% |
| 2030 | ~$4,043,442 | ~$4,043,442 | ~1.9163% | ~$77,484 | +39.9% |
| 2031 | ~$4,397,394 | ~$4,397,394 | ~1.8837% | ~$82,836 | +52.1% |
| 2027 | ~$3,085,727 | ~$3,085,727 | ~2.0465% | ~$63,149 | +6.8% |
| 2028 | ~$3,294,129 | ~$3,294,129 | ~2.0465% | ~$67,414 | +14.0% |
| 2029 | ~$3,516,606 | ~$3,516,606 | ~2.0465% | ~$71,967 | +21.7% |
| 2030 | ~$3,754,108 | ~$3,754,108 | ~2.0465% | ~$76,827 | +29.9% |
| 2031 | ~$4,007,650 | ~$4,007,650 | ~2.0465% | ~$82,016 | +38.6% |
| 2027 | ~$3,201,348 | ~$3,179,561 | ~1.9977% | ~$63,517 | +10.8% |
| 2028 | ~$3,545,612 | ~$3,497,517 | ~1.9488% | ~$68,161 | +22.7% |
| 2029 | ~$3,926,898 | ~$3,847,269 | ~1.9000% | ~$73,099 | +35.9% |
| 2030 | ~$4,349,186 | ~$4,231,996 | ~1.8512% | ~$78,342 | +50.5% |
| 2031 | ~$4,816,886 | ~$4,655,195 | ~1.8024% | ~$83,904 | +66.6% |
In 2025, this property's market value of $2,560,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 5× 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 | $2,560,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $2,340,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $2,109,482 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,090,487 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,900,000 | $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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |