6007 N INTERSTATE HY 35 TX 78723
| Owner | HOUSING AUTHORITY OF THE CITY OF AUSTIN |
|---|---|
| Parcel ID | 0226140403 |
| Short ID | 226760 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 108,640 SF |
| Acres | 2.494 |
| Year Built | — |
| Legal | LOT 2 GLAUNINGER SUBD |
| Neighborhood | 1EA3 |
| Land | $5,432,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,432,000 |
| Improvement | $89,826,333 |
|---|---|
| Total Improvement | $89,826,333 |
| Market | $95,258,333 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $95,258,333 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $95,258,333 |
| Taxable Value | $95,258,333 |
|---|
Appreciation: Market value has risen +3407.3% from $2,716,000 (2021) to $95,258,333 (2025), a CAGR of 143.4% 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.
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 6% of market value ($5,432,000 land vs $89,826,333 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $95,258,333, 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 +102.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,145,524,058 by 2031, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 425,200 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $92,429,667 | $95,258,333 | -3.0% |
| Assessed Value | $92,429,667 | $95,258,333 | -3.0% |
| Land Value | $5,432,000 | $5,432,000 | +0.0% |
| Improvement Value | $86,997,667 | $89,826,333 | -3.1% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $92,429,667 | $5,432,000 | $86,997,667 | — | $92,429,667 | $— | Not yet — post-cert | Preliminary |
| 2025 | $95,258,333 | $5,432,000 | $89,826,333 | — | $95,258,333 | $— | not in county billing file Why? | Partial |
| 2024 | $43,992,112 | $5,432,000 | $38,560,112 | — | $43,992,112 | $43,992,112 | $268,507 | Verified |
| 2023 | $11,468,211 | $2,716,000 | $8,752,211 | — | $11,468,211 | $11,468,211 | $207,488 | Verified |
| 2022 | $2,716,000 | $2,716,000 | — | — | $2,716,000 | $2,716,000 | $53,639 | Verified |
| 2021 | $2,716,000 | $2,716,000 | — | — | $2,716,000 | $2,716,000 | $59,119 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2025 | +116.5% ! | +116.5% | ~100% | Not available | Partial |
| 2024 | +283.6% ! | +283.6% | ~100% | No billing data | Verified |
| 2023 | +322.2% ! | +322.2% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3407.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.0% | +143.9% | +102.5% | +322.2% | 2023 | -3.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $268,507 | $147,188 | — | $268,507 | 2024 | $53,639 | 2022 |
Market value changed by 322% 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 | ~$187,149,087 | ~$101,672,634 | ~0.0000% | ~$0 | +102.5% |
| 2028 | ~$378,934,404 | ~$111,839,897 | ~0.0000% | ~$0 | +310.0% |
| 2029 | ~$767,256,121 | ~$123,023,887 | ~0.0000% | ~$0 | +730.1% |
| 2030 | ~$1,553,519,420 | ~$135,326,275 | ~0.0000% | ~$0 | +1580.8% |
| 2031 | ~$3,145,524,058 | ~$148,858,903 | ~0.0000% | ~$0 | +3303.2% |
| 2027 | ~$185,300,494 | ~$101,672,634 | ~0.0000% | ~$0 | +100.5% |
| 2028 | ~$371,485,413 | ~$111,839,897 | ~0.0000% | ~$0 | +301.9% |
| 2029 | ~$744,743,897 | ~$123,023,887 | ~0.0000% | ~$0 | +705.7% |
| 2030 | ~$1,493,042,399 | ~$135,326,275 | ~0.0000% | ~$0 | +1515.3% |
| 2031 | ~$2,993,210,975 | ~$148,858,903 | ~0.0000% | ~$0 | +3138.4% |
| 2027 | ~$188,997,680 | ~$101,672,634 | ~0.0000% | ~$0 | +104.5% |
| 2028 | ~$386,457,340 | ~$111,839,897 | ~0.0000% | ~$0 | +318.1% |
| 2029 | ~$790,217,504 | ~$123,023,887 | ~0.0000% | ~$0 | +754.9% |
| 2030 | ~$1,615,815,356 | ~$135,326,275 | ~0.0000% | ~$0 | +1648.2% |
| 2031 | ~$3,303,975,489 | ~$148,858,903 | ~0.0000% | ~$0 | +3474.6% |
In 2025, this property's market value of $95,258,333 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 184× 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 | $95,258,333 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $43,992,112 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $11,468,211 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,716,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,716,000 | $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 |
| 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 | — |