5724 E HOWARD LN TX 78753
| Owner | TCHFC HOWARD LANE LAND LLC |
|---|---|
| Parcel ID | 0250430207 |
| Short ID | 814420 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 381,495 SF |
| Land SF | 589,802 SF |
| Acres | 13.540 |
| Year Built | 2024 |
| Legal | LOT A LESS 9.5723AC M & J ADDN SEC 3 (1-D-1) |
| Neighborhood | 1NE1 |
| Land | $7,667,431 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,667,431 |
| Improvement | $81,015,234 |
|---|---|
| Total Improvement | $81,015,234 |
| Market | $88,682,665 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $88,682,665 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $88,682,665 |
| Taxable Value | $88,682,665 |
|---|
Appreciation: Market value has risen +9931.2% from $884,068 (2021) to $88,682,665 (2025), a CAGR of 216.5% over 4 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 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 9% of market value ($7,667,431 land vs $81,015,234 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $88,682,665, 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 +171.3% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $12,634,374,097 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 |
|---|---|---|---|
| 1ST | 1st Floor | 381,495 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $85,963,540 | $88,682,665 | -3.1% |
| Assessed Value | $85,963,540 | $88,682,665 | -3.1% |
| Land Value | $7,667,431 | $7,667,431 | +0.0% |
| Improvement Value | $78,296,109 | $81,015,234 | -3.4% |
| 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 | $85,963,540 | $7,667,431 | $78,296,109 | — | $85,963,540 | $— | Not yet — post-cert | Preliminary |
| 2025 | $88,682,665 | $7,667,431 | $81,015,234 | — | $88,682,665 | $— | not in county billing file Why? | Partial |
| 2024 | $35,744,509 | $7,667,431 | $28,077,078 | — | $35,744,509 | $— | not in county billing file Why? | Partial |
| 2023 | $20,556,308 | $1,179,605 | $19,376,703 | — | $20,556,308 | $— | not in county billing file Why? | Partial |
| 2022 | $1,586,802 | $1,179,605 | $407,197 | −$1,177,743 | $409,059 | $— | not in county billing file Why? | Partial |
| 2021 | $884,068 | — | — | −$882,656 | $1,412 | $1,412 | $26 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2025 | +148.1% ! | +148.1% | ~100% | Not available | Partial |
| 2024 | +73.9% | +73.9% | ~100% | No billing data | Verified |
| 2023 | +1195.5% ! | +4925.3% | ~100% | No billing data | Verified |
| 2022 | +79.5% ! | +28870.2% | 25.8% | No billing data | Verified |
| 2021 | base year | — | 0.2% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9931.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +298.8% | +171.3% | +1195.5% | 2023 | -3.1% | 2026 |
| Assessment Ratio | 100.0% | 71.0% | — | 100.0% | 2023 | 0.2% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $26 | $26 | — | $26 | 2021 | $26 | 2021 |
Market value changed by 79% 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 | ~$233,218,061 | ~$233,218,061 | ~0.0000% | ~$0 | +171.3% |
| 2028 | ~$632,717,822 | ~$632,717,822 | ~0.0000% | ~$0 | +636.0% |
| 2029 | ~$1,716,555,919 | ~$1,716,555,919 | ~0.0000% | ~$0 | +1896.8% |
| 2030 | ~$4,656,995,775 | ~$4,656,995,775 | ~0.0000% | ~$0 | +5317.4% |
| 2031 | ~$12,634,374,097 | ~$12,634,374,097 | ~0.0000% | ~$0 | +14597.4% |
| 2027 | ~$231,498,790 | ~$231,498,790 | ~0.0000% | ~$0 | +169.3% |
| 2028 | ~$623,423,485 | ~$623,423,485 | ~0.0000% | ~$0 | +625.2% |
| 2029 | ~$1,678,872,024 | ~$1,678,872,024 | ~0.0000% | ~$0 | +1853.0% |
| 2030 | ~$4,521,182,375 | ~$4,521,182,375 | ~0.0000% | ~$0 | +5159.4% |
| 2031 | ~$12,175,490,313 | ~$12,175,490,313 | ~0.0000% | ~$0 | +14063.6% |
| 2027 | ~$234,937,331 | ~$234,937,331 | ~0.0000% | ~$0 | +173.3% |
| 2028 | ~$642,080,930 | ~$642,080,930 | ~0.0000% | ~$0 | +646.9% |
| 2029 | ~$1,754,799,538 | ~$1,754,799,538 | ~0.0000% | ~$0 | +1941.3% |
| 2030 | ~$4,795,846,248 | ~$4,795,846,248 | ~0.0000% | ~$0 | +5478.9% |
| 2031 | ~$13,106,990,703 | ~$13,106,990,703 | ~0.0000% | ~$0 | +15147.2% |
In 2025, this property's market value of $88,682,665 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 171× 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 | $88,682,665 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $35,744,509 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $20,556,308 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,586,802 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $884,068 | $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 | — |