DESSAU RD 78753
| Owner | MMI TAU PROPCO LLC |
|---|---|
| Parcel ID | 0250300202 |
| Short ID | 961824 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 379,500 SF |
| Land SF | 783,566 SF |
| Acres | 17.988 |
| Year Built | 2024 |
| Legal | AFFINITY AT TECH RIDGE SUBD BLK A LOT 1 |
| Neighborhood | NE1 |
| Land | $4,701,396 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,701,396 |
| Improvement | $85,298,604 |
|---|---|
| Total Improvement | $85,298,604 |
| Market | $90,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $90,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $90,000,000 |
| Taxable Value | $90,000,000 |
|---|
Appreciation: Market value has risen +1814.3% from $4,701,396 (2022) to $90,000,000 (2025), a CAGR of 167.5% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 fell -15.5%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,005,366. Pflugerville ISD is the largest single contributor, at 49.7% 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 5% of market value ($4,701,396 land vs $85,298,604 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $90,000,000, 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 +112.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,191,383,978 by 2031, with an estimated annual tax burden around $2,921,460. 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 | 379,500 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +41,775 |
| Travis County | 0.3444% | 0.3758% | +28,260 |
| Travis Central Health | 0.1080% | 0.1180% | +9,049 |
| Austin Community College | 0.1013% | 0.1034% | +1,890 |
| Pflugerville ISD | 1.1069% | 1.1069% | +0 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $996,210.00 | $259,594.30 | $736,615.70 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $471,615.30 | $122,894.41 | $348,720.89 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $338,260.50 | $88,144.56 | $250,115.94 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $106,220.70 | $27,679.19 | $78,541.51 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $93,060.00 | $24,249.75 | $68,810.25 |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $2,005,366.50 | $522,562.21 | $1,482,804.29 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $996,210.00 | 49.7% |
| CAT City of Austin | 0.5240% | $471,615.30 | 23.5% |
| TCO Travis County | 0.3758% | $338,260.50 | 16.9% |
| THD Travis Central Health | 0.1180% | $106,220.70 | 5.3% |
| ACT Austin Community College | 0.1034% | $93,060.00 | 4.6% |
| Total | 2.2282% | $2,005,366.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $96,248,949 | $90,000,000 | +6.9% |
| Assessed Value | $96,248,949 | $90,000,000 | +6.9% |
| Land Value | $4,701,396 | $4,701,396 | +0.0% |
| Improvement Value | $91,547,553 | $85,298,604 | +7.3% |
| Taxable Value | $96,248,949 | $90,000,000 | +6.9% |
| Total Tax 2026 = estimate |
~$2,144,605
Estimated
|
$2,005,366 | ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $96,248,949 | $4,701,396 | $91,547,553 | — | $96,248,949 | $96,248,949 | Not yet — post-cert | Preliminary |
| 2025 | $90,000,000 | $4,701,396 | $85,298,604 | — | $90,000,000 | $90,000,000 | $2,005,366 | Verified |
| 2024 | $24,439,191 | $4,701,396 | $19,737,795 | — | $24,439,191 | $24,439,191 | $522,562 | Verified |
| 2023 | $13,538,778 | $4,701,396 | $8,837,382 | — | $13,538,778 | $13,538,778 | $278,756 | Verified |
| 2022 | $4,701,396 | $4,701,396 | — | — | $4,701,396 | $4,701,396 | $105,449 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | +268.3% ! | +268.3% | ~100% | 2.2300% | Verified |
| 2024 | +80.5% ! | +80.5% | ~100% | No billing data | Verified |
| 2023 | +188.0% ! | +188.0% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1814.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +135.9% | +112.7% | +268.3% | 2025 | +6.9% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
| Tax Amount | $2,005,366 | $728,033 | ~$2,597,175 | $2,005,366 | 2025 | $105,449 | 2022 |
Market value changed by 188% 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 | ~$204,733,206 | ~$105,873,844 | ~2.1595% | ~$2,286,331 | +112.7% |
| 2028 | ~$435,492,397 | ~$116,461,228 | ~2.0908% | ~$2,434,957 | +352.5% |
| 2029 | ~$926,345,226 | ~$128,107,351 | ~2.0221% | ~$2,590,445 | +862.4% |
| 2030 | ~$1,970,448,816 | ~$140,918,086 | ~1.9534% | ~$2,752,681 | +1947.2% |
| 2031 | ~$4,191,383,978 | ~$155,009,895 | ~1.8847% | ~$2,921,460 | +4254.7% |
| 2027 | ~$202,808,227 | ~$105,873,844 | ~2.2282% | ~$2,359,065 | +110.7% |
| 2028 | ~$427,341,568 | ~$116,461,228 | ~2.2282% | ~$2,594,972 | +344.0% |
| 2029 | ~$900,460,592 | ~$128,107,351 | ~2.2282% | ~$2,854,469 | +835.6% |
| 2030 | ~$1,897,379,844 | ~$140,918,086 | ~2.2282% | ~$3,139,916 | +1871.3% |
| 2031 | ~$3,998,009,801 | ~$155,009,895 | ~2.2282% | ~$3,453,907 | +4053.8% |
| 2027 | ~$206,658,185 | ~$105,873,844 | ~2.1251% | ~$2,249,964 | +114.7% |
| 2028 | ~$443,720,225 | ~$116,461,228 | ~2.0221% | ~$2,354,950 | +361.0% |
| 2029 | ~$952,721,220 | ~$128,107,351 | ~1.9190% | ~$2,458,434 | +889.9% |
| 2030 | ~$2,045,608,183 | ~$140,918,086 | ~1.8160% | ~$2,559,064 | +2025.3% |
| 2031 | ~$4,392,169,244 | ~$155,009,895 | ~1.7129% | ~$2,655,236 | +4463.3% |
In 2025, this property's market value of $90,000,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 173× 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 | $90,000,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $24,439,191 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $13,538,778 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $4,701,396 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 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 | 2022–2024 | 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 | 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 | — |