E U S HY 290 TX
| Owner | GRASSDALE AT MANOR LLC |
|---|---|
| Parcel ID | 0237690129 |
| Short ID | 937564 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 264,000 SF |
| Land SF | 619,423 SF |
| Acres | 14.220 |
| Year Built | 2022 |
| Legal | LOT 3 BLK A RESIDENCES AT GRASSDALE |
| Neighborhood | 08NE3 |
| Land | $3,685,568 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,685,568 |
| Improvement | $51,764,432 |
|---|---|
| Total Improvement | $51,764,432 |
| Market | $55,450,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $55,450,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $55,450,000 |
| Taxable Value | $55,450,000 |
|---|
Appreciation: Market value has risen +1228.0% from $4,175,442 (2021) to $55,450,000 (2025), a CAGR of 90.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.6324% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,459,648. Manor ISD is the largest single contributor, at 41.1% 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 7% of market value ($3,685,568 land vs $51,764,432 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $55,450,000, 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 +68.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $762,326,146 by 2031, with an estimated annual tax burden around $2,191,587. 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 | 264,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $599,636.30 | $599,636.30 | Paid |
| CMA City of Manor | 0.7827% | 0.7470% | 0.6789% | 0.8537% | 0.8537% | +0.0000% | $473,376.65 | $473,376.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $208,406.05 | $208,406.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $65,443.75 | $65,443.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $57,335.30 | $57,335.30 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $55,450.00 | $55,450.00 | Paid |
| Combined Rate | 2.8087% | 2.7146% | 2.3671% | 2.5888% | 2.6324% | +0.0436% | $1,459,648.05 | $1,459,648.05 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $599,636.30 | 41.1% |
| CMA City of Manor | 0.8537% | $473,376.65 | 32.4% |
| TCO Travis County | 0.3758% | $208,406.05 | 14.3% |
| THD Travis Central Health | 0.1180% | $65,443.75 | 4.5% |
| ACT Austin Community College | 0.1034% | $57,335.30 | 3.9% |
| E12 Travis County ESD # 12 | 0.1000% | $55,450.00 | 3.8% |
| Total | 2.6324% | $1,459,648.05 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $56,418,513 | $55,450,000 | +1.7% |
| Assessed Value | $56,418,513 | $55,450,000 | +1.7% |
| Land Value | $3,685,568 | $3,685,568 | +0.0% |
| Improvement Value | $52,732,945 | $51,764,432 | +1.9% |
| Taxable Value | $56,388,402 | $55,450,000 | +1.7% |
| Exemptions | SO | None | |
| Total Tax 2026 = estimate |
~$1,484,350
Estimated
|
~$1,459,648
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $56,418,513 | $3,685,568 | $52,732,945 | — | $56,418,513 | $56,388,402 | Not yet — post-cert | Preliminary |
| 2025 | $55,450,000 | $3,685,568 | $51,764,432 | — | $55,450,000 | $55,450,000 | ~$1,459,648 | Partial |
| 2024 | $59,500,000 | $3,685,568 | $55,814,432 | — | $59,500,000 | $59,500,000 | $1,503,032 | Verified |
| 2023 | $71,776,285 | $3,685,568 | $68,090,717 | — | $71,776,285 | $71,776,285 | $1,449,422 | Verified |
| 2022 | $35,226,857 | $1,579,529 | $33,647,328 | — | $35,226,857 | $35,226,857 | $956,276 | Verified |
| 2021 | $4,175,442 | $1,579,530 | $2,595,912 | — | $4,175,442 | $4,175,442 | $117,275 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2025 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2024 | -17.1% | -17.1% | ~100% | No billing data | Verified |
| 2023 | +103.8% ! | +103.8% | ~100% | No billing data | Verified |
| 2022 | +743.7% ! | +743.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1228.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | +165.1% | +68.3% | +743.7% | 2022 | -17.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.6300% | 2.6300% | — | 2.6300% | 2025 | 2.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,459,648 | $1,097,131 | ~$1,888,184 | $1,503,032 | 2024 | $117,275 | 2021 |
Market value changed by 744% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$94,965,415 | ~$62,060,364 | ~2.5883% | ~$1,606,302 | +68.3% |
| 2028 | ~$159,848,773 | ~$68,266,401 | ~2.5442% | ~$1,736,842 | +183.3% |
| 2029 | ~$269,062,482 | ~$75,093,041 | ~2.5001% | ~$1,877,427 | +376.9% |
| 2030 | ~$452,894,430 | ~$82,602,345 | ~2.4561% | ~$2,028,761 | +702.7% |
| 2031 | ~$762,326,146 | ~$90,862,579 | ~2.4120% | ~$2,191,587 | +1251.2% |
| 2027 | ~$93,837,045 | ~$62,060,364 | ~2.6324% | ~$1,633,657 | +66.3% |
| 2028 | ~$156,072,724 | ~$68,266,401 | ~2.6324% | ~$1,797,023 | +176.6% |
| 2029 | ~$259,585,062 | ~$75,093,041 | ~2.6324% | ~$1,976,725 | +360.1% |
| 2030 | ~$431,750,039 | ~$82,602,345 | ~2.6324% | ~$2,174,398 | +665.3% |
| 2031 | ~$718,100,241 | ~$90,862,579 | ~2.6324% | ~$2,391,837 | +1172.8% |
| 2027 | ~$96,093,785 | ~$62,060,364 | ~2.5663% | ~$1,592,625 | +70.3% |
| 2028 | ~$163,669,957 | ~$68,266,401 | ~2.5001% | ~$1,706,752 | +190.1% |
| 2029 | ~$278,767,818 | ~$75,093,041 | ~2.4340% | ~$1,827,778 | +394.1% |
| 2030 | ~$474,806,114 | ~$82,602,345 | ~2.3679% | ~$1,955,942 | +741.6% |
| 2031 | ~$808,704,703 | ~$90,862,579 | ~2.3018% | ~$2,091,461 | +1333.4% |
In 2025, this property's market value of $55,450,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 107× 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 | $55,450,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $59,500,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $71,776,285 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $35,226,857 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $4,175,442 | $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 | — |