1800 PATTON LN TX 78723
| Owner | RPC OAKVIEW TERRACE LLC |
|---|---|
| Parcel ID | 0225200215 |
| Short ID | 225808 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 22,446 SF |
| Land SF | 42,262 SF |
| Acres | 0.970 |
| Year Built | 1972 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR 0.9702 |
| Neighborhood | 06NE |
| Land | $845,238 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $845,238 |
| Improvement | $4,472,883 |
|---|---|
| Total Improvement | $4,472,883 |
| Market | $5,318,121 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,318,121 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,318,121 |
| Taxable Value | $5,318,121 |
|---|
Appreciation: Market value has risen +58.0% from $3,366,900 (2021) to $5,318,121 (2025), a CAGR of 12.1% 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 $108,835. 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 16% of market value ($845,238 land vs $4,472,883 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,318,121, 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 +11.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $10,252,153 by 2031, with an estimated annual tax burden around $178,241. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 36,915 SF | ✗ |
| 551 | PAVED AREA | 16,800 SF | ✗ |
| 1ST | 1st Floor | 11,223 SF | ✓ |
| 2ND | 2nd Floor | 11,223 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,580 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 416 SF | ✗ |
| 601 | POOL COMM'L | 320 SF | ✗ |
| 571C | STORAGE DET COMM | 305 SF | ✓ |
| 581C | STORAGE ATT COMM | 305 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +2,469 |
| Travis County | 0.3444% | 0.3758% | +1,670 |
| Austin ISD | 0.9505% | 0.9252% | -1,345 |
| Travis Central Health | 0.1080% | 0.1180% | +535 |
| Austin Community College | 0.1013% | 0.1034% | +112 |
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% | $49,203.26 | $— | $49,203.26 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,867.86 | $— | $27,867.86 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,987.89 | $— | $19,987.89 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,276.61 | $— | $6,276.61 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,498.94 | $— | $5,498.94 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $108,834.56 | $0.00 | $108,834.56 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $49,203.26 | 45.2% |
| CAT City of Austin | 0.5240% | $27,867.86 | 25.6% |
| TCO Travis County | 0.3758% | $19,987.89 | 18.4% |
| THD Travis Central Health | 0.1180% | $6,276.61 | 5.8% |
| ACT Austin Community College | 0.1034% | $5,498.94 | 5.1% |
| Total | 2.0465% | $108,834.56 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,875,200 | $5,318,121 | +10.5% |
| Assessed Value | $5,875,200 | $5,318,121 | +10.5% |
| Land Value | $845,238 | $845,238 | +0.0% |
| Improvement Value | $5,029,962 | $4,472,883 | +12.5% |
| Taxable Value | $5,875,200 | $5,318,121 | +10.5% |
| Total Tax 2026 = estimate |
~$120,235
Estimated
|
$108,835 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,875,200 | $845,238 | $5,029,962 | — | $5,875,200 | $5,875,200 | Not yet — post-cert | Preliminary |
| 2025 | $5,318,121 | $845,238 | $4,472,883 | — | $5,318,121 | $5,318,121 | $108,835 | Verified |
| 2024 | $4,764,672 | $845,238 | $3,919,434 | — | $4,764,672 | $4,764,672 | $94,427 | Verified |
| 2023 | $4,111,334 | $845,238 | $3,266,096 | — | $4,111,334 | $4,111,334 | $74,384 | Verified |
| 2022 | $3,463,000 | $633,929 | $2,829,071 | — | $3,463,000 | $3,463,000 | $68,392 | Verified |
| 2021 | $3,366,900 | $633,929 | $2,732,971 | — | $3,366,900 | $3,366,900 | $73,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.5% | +10.5% | ~100% | Not available | Partial |
| 2025 | +11.6% | +11.6% | ~100% | 2.0500% | Verified |
| 2024 | +15.9% | +15.9% | ~100% | No billing data | Verified |
| 2023 | +18.7% | +18.7% | ~100% | No billing data | Verified |
| 2022 | +2.9% | +2.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.5% | +11.9% | +11.8% | +18.7% | 2023 | +2.9% | 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 | $108,835 | $83,865 | ~$153,297 | $108,835 | 2025 | $68,392 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,567,214 | ~$6,462,720 | ~2.0139% | ~$130,155 | +11.8% |
| 2028 | ~$7,340,736 | ~$7,108,992 | ~1.9814% | ~$140,857 | +24.9% |
| 2029 | ~$8,205,369 | ~$7,819,891 | ~1.9488% | ~$152,397 | +39.7% |
| 2030 | ~$9,171,843 | ~$8,601,880 | ~1.9163% | ~$164,837 | +56.1% |
| 2031 | ~$10,252,153 | ~$9,462,068 | ~1.8837% | ~$178,241 | +74.5% |
| 2027 | ~$6,449,710 | ~$6,449,710 | ~2.0465% | ~$131,992 | +9.8% |
| 2028 | ~$7,080,398 | ~$7,080,398 | ~2.0465% | ~$144,899 | +20.5% |
| 2029 | ~$7,772,758 | ~$7,772,758 | ~2.0465% | ~$159,068 | +32.3% |
| 2030 | ~$8,532,822 | ~$8,532,822 | ~2.0465% | ~$174,623 | +45.2% |
| 2031 | ~$9,367,208 | ~$9,367,208 | ~2.0465% | ~$191,699 | +59.4% |
| 2027 | ~$6,684,718 | ~$6,462,720 | ~1.9977% | ~$129,103 | +13.8% |
| 2028 | ~$7,605,775 | ~$7,108,992 | ~1.9488% | ~$138,543 | +29.5% |
| 2029 | ~$8,653,741 | ~$7,819,891 | ~1.9000% | ~$148,579 | +47.3% |
| 2030 | ~$9,846,101 | ~$8,601,880 | ~1.8512% | ~$159,237 | +67.6% |
| 2031 | ~$11,202,752 | ~$9,462,068 | ~1.8024% | ~$170,542 | +90.7% |
In 2025, this property's market value of $5,318,121 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 10× 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 | $5,318,121 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $4,764,672 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $4,111,334 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $3,463,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $3,366,900 | $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 |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |