8615 ROCKWOOD LN TX 78757
| Owner | ROCKWOOD HOLDINGS LLC |
|---|---|
| Parcel ID | 0244071204 |
| Short ID | 250017 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 68,991 SF |
| Land SF | 152,896 SF |
| Acres | 3.510 |
| Year Built | 1983 |
| Legal | LOT 1-A * 2ND RESUB TRT 2 GRAMERCY PARK |
| Neighborhood | 08NC1 |
| Land | $6,115,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,115,840 |
| Improvement | $7,134,160 |
|---|---|
| Total Improvement | $7,134,160 |
| Market | $13,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,250,000 |
| Taxable Value | $13,250,000 |
|---|
Appreciation: Market value has risen +22.0% from $10,860,000 (2021) to $13,250,000 (2025), a CAGR of 5.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $271,159. 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 46% of market value ($6,115,840 land vs $7,134,160 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $13,250,000, 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 +2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $14,225,792 by 2031, with an estimated annual tax burden around $267,977. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 69,722 SF | ✗ |
| 3RD | 3rd Floor | 23,228 SF | ✓ |
| 1ST | 1st Floor | 22,925 SF | ✓ |
| 2ND | 2nd Floor | 22,838 SF | ✓ |
| 591 | MASONRY TRIM SF | 10,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 5,859 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 4,081 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 3,691 SF | ✗ |
| 541 | FENCE COMM LF | 1,044 SF | ✗ |
| 571C | STORAGE DET COMM | 825 SF | ✓ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 581C | STORAGE ATT COMM | 750 SF | ✓ |
| 511 | DECK | 378 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 519 | DECK UNCOVRED FV | 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% | $117,963.00 | $117,963.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $66,812.17 | $66,812.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $47,920.24 | $47,920.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,047.93 | $15,047.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,183.50 | $13,183.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $260,926.84 | $260,926.84 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $117,963.00 | 45.2% |
| CAT City of Austin | 0.5240% | $66,812.17 | 25.6% |
| TCO Travis County | 0.3758% | $47,920.24 | 18.4% |
| THD Travis Central Health | 0.1180% | $15,047.93 | 5.8% |
| ACT Austin Community College | 0.1034% | $13,183.50 | 5.1% |
| Total | 2.0465% | $260,926.84 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,429,485 | $13,250,000 | -6.2% |
| Assessed Value | $12,429,485 | $13,250,000 | -6.2% |
| Land Value | $6,115,840 | $6,115,840 | +0.0% |
| Improvement Value | $6,313,645 | $7,134,160 | -11.5% |
| Taxable Value | $12,429,485 | $13,250,000 | -6.2% |
| Total Tax 2026 = estimate |
~$254,368
Estimated
|
~$260,927
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $12,429,485 | $6,115,840 | $6,313,645 | — | $12,429,485 | $12,429,485 | Not yet — post-cert | Preliminary |
| 2025 | $13,250,000 | $6,115,840 | $7,134,160 | — | $13,250,000 | $13,250,000 | ~$260,927 | Partial |
| 2024 | $13,500,000 | $6,115,840 | $7,384,160 | — | $13,500,000 | $13,500,000 | $267,545 | Verified |
| 2023 | $14,850,000 | $6,115,840 | $8,734,160 | — | $14,850,000 | $14,850,000 | $242,158 | Verified |
| 2022 | $13,210,000 | $6,115,840 | $7,094,160 | — | $13,210,000 | $13,210,000 | $243,814 | Verified |
| 2021 | $10,860,000 | $6,115,840 | $4,744,160 | — | $10,860,000 | $10,860,000 | $236,387 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | No billing data | Verified |
| 2023 | +12.4% | +12.4% | ~100% | No billing data | Verified |
| 2022 | +21.6% | +21.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.2% | +3.4% | +2.7% | +21.6% | 2022 | -9.1% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$260,927 | $250,166 | ~$262,620 | $267,545 | 2024 | $236,387 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,769,615 | ~$12,769,615 | ~2.0139% | ~$257,172 | +2.7% |
| 2028 | ~$13,119,052 | ~$13,119,052 | ~1.9814% | ~$259,939 | +5.5% |
| 2029 | ~$13,478,052 | ~$13,478,052 | ~1.9488% | ~$262,666 | +8.4% |
| 2030 | ~$13,846,875 | ~$13,846,875 | ~1.9163% | ~$265,346 | +11.4% |
| 2031 | ~$14,225,792 | ~$14,225,792 | ~1.8837% | ~$267,977 | +14.5% |
| 2027 | ~$12,521,025 | ~$12,521,025 | ~2.0465% | ~$256,241 | +0.7% |
| 2028 | ~$12,613,239 | ~$12,613,239 | ~2.0465% | ~$258,128 | +1.5% |
| 2029 | ~$12,706,133 | ~$12,706,133 | ~2.0465% | ~$260,029 | +2.2% |
| 2030 | ~$12,799,710 | ~$12,799,710 | ~2.0465% | ~$261,944 | +3.0% |
| 2031 | ~$12,893,977 | ~$12,893,977 | ~2.0465% | ~$263,873 | +3.7% |
| 2027 | ~$13,018,204 | ~$13,018,204 | ~1.9977% | ~$260,060 | +4.7% |
| 2028 | ~$13,634,809 | ~$13,634,809 | ~1.9488% | ~$265,721 | +9.7% |
| 2029 | ~$14,280,618 | ~$14,280,618 | ~1.9000% | ~$271,334 | +14.9% |
| 2030 | ~$14,957,016 | ~$14,957,016 | ~1.8512% | ~$276,883 | +20.3% |
| 2031 | ~$15,665,451 | ~$15,665,451 | ~1.8024% | ~$282,350 | +26.0% |
In 2025, this property's market value of $13,250,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 26× 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 | $13,250,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $13,500,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $14,850,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $13,210,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $10,860,000 | $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 | 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 | — |