8501 DRYFIELD DR TX 78758
| Owner | PRB EQUITY 21A LLC |
|---|---|
| Parcel ID | 0240120117 |
| Short ID | 244603 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 8,008 SF |
| Land SF | 16,200 SF |
| Acres | 0.372 |
| Year Built | 1970 |
| Legal | LOT 21A-22A *RESUB LOTS 21-22 BLK R WOOTEN VILLAGE SEC 4 |
| Neighborhood | 05NO |
| Land | $324,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $324,000 |
| Improvement | $1,512,550 |
|---|---|
| Total Improvement | $1,512,550 |
| Market | $1,836,550 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,836,550 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,836,550 |
| Taxable Value | $1,836,550 |
|---|
Appreciation: Market value has risen +4.2% from $1,761,760 (2021) to $1,836,550 (2025), a CAGR of 1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $37,585. 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 18% of market value ($324,000 land vs $1,512,550 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~56 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,836,550, 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 +6.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,368,277 by 2031, with an estimated annual tax burden around $57,558. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,642 SF | ✗ |
| 1ST | 1st Floor | 4,004 SF | ✓ |
| 2ND | 2nd Floor | 4,004 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,050 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,024 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,024 SF | ✗ |
| SO | Sketch Only | 360 SF | ✗ |
| 541 | FENCE COMM LF | 350 SF | ✗ |
| 581C | STORAGE ATT COMM | 336 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $14,627.69 | $14,627.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,284.87 | $8,284.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,942.22 | $5,942.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,865.98 | $1,865.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,634.79 | $1,634.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,355.55 | $32,355.55 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $14,627.69 | 45.2% |
| CAT City of Austin | 0.5240% | $8,284.87 | 25.6% |
| TCO Travis County | 0.3758% | $5,942.22 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,865.98 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,634.79 | 5.1% |
| Total | 2.0465% | $32,355.55 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,436,000 | $1,836,550 | +32.6% |
| Assessed Value | $1,897,236 | $1,836,550 | +3.3% |
| Land Value | $324,000 | $324,000 | +0.0% |
| Improvement Value | $2,112,000 | $1,512,550 | +39.6% |
| Taxable Value | $1,897,236 | $1,836,550 | +3.3% |
| HS Cap Loss | -$538,764 | — | |
| Total Tax 2026 = estimate |
~$38,827
Estimated
|
~$32,356
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,436,000 | $324,000 | $2,112,000 | −$538,764 | $1,897,236 | $1,897,236 | Not yet — post-cert | Preliminary |
| 2025 | $1,836,550 | $324,000 | $1,512,550 | — | $1,836,550 | $1,836,550 | ~$32,356 | Partial |
| 2024 | $1,973,972 | $324,000 | $1,649,972 | — | $1,973,972 | $1,973,972 | $36,536 | Verified |
| 2023 | $2,012,766 | $324,000 | $1,688,766 | — | $2,012,766 | $2,012,766 | $36,416 | Verified |
| 2022 | $1,821,820 | $648,000 | $1,173,820 | — | $1,821,820 | $1,821,820 | $35,980 | Verified |
| 2021 | $1,761,760 | $324,000 | $1,437,760 | — | $1,761,760 | $1,761,760 | $38,348 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.6% | +3.3% | 77.9% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -1.9% | -1.9% | ~100% | No billing data | Verified |
| 2023 | +10.5% | +10.5% | ~100% | No billing data | Verified |
| 2022 | +3.4% | +3.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +32.6% | +7.5% | +6.7% | +32.6% | 2026 | -7.0% | 2025 |
| Assessment Ratio | 77.9% | 96.3% | — | 100.0% | 2021 | 77.9% | 2026 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$32,356 | $35,927 | ~$49,503 | $38,348 | 2021 | $32,356 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,599,102 | ~$2,086,960 | ~2.0139% | ~$42,030 | +6.7% |
| 2028 | ~$2,773,125 | ~$2,295,656 | ~1.9814% | ~$45,486 | +13.8% |
| 2029 | ~$2,958,800 | ~$2,525,221 | ~1.9488% | ~$49,213 | +21.5% |
| 2030 | ~$3,156,906 | ~$2,777,743 | ~1.9163% | ~$53,230 | +29.6% |
| 2031 | ~$3,368,277 | ~$3,055,518 | ~1.8837% | ~$57,558 | +38.3% |
| 2027 | ~$2,550,382 | ~$2,086,960 | ~2.0465% | ~$42,709 | +4.7% |
| 2028 | ~$2,670,136 | ~$2,295,656 | ~2.0465% | ~$46,980 | +9.6% |
| 2029 | ~$2,795,512 | ~$2,525,221 | ~2.0465% | ~$51,678 | +14.8% |
| 2030 | ~$2,926,775 | ~$2,777,743 | ~2.0465% | ~$56,846 | +20.1% |
| 2031 | ~$3,064,202 | ~$3,055,518 | ~2.0465% | ~$62,531 | +25.8% |
| 2027 | ~$2,647,822 | ~$2,086,960 | ~1.9977% | ~$41,690 | +8.7% |
| 2028 | ~$2,878,064 | ~$2,295,656 | ~1.9488% | ~$44,739 | +18.1% |
| 2029 | ~$3,128,326 | ~$2,525,221 | ~1.9000% | ~$47,980 | +28.4% |
| 2030 | ~$3,400,350 | ~$2,777,743 | ~1.8512% | ~$51,421 | +39.6% |
| 2031 | ~$3,696,027 | ~$3,055,518 | ~1.8024% | ~$55,072 | +51.7% |
In 2025, this property's market value of $1,836,550 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 4× 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 | $1,836,550 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,973,972 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $2,012,766 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,821,820 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,761,760 | $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 | — |