12118 WALNUT PARK XING TX 78753
| Owner | CVIII CANYON RIDGE APARTMENTS LLC |
|---|---|
| Parcel ID | 0254230303 |
| Short ID | 762316 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 221,092 SF |
| Land SF | 1,176,817 SF |
| Acres | 27.016 |
| Year Built | 1999 |
| Legal | LOT 2 BLK C PARK 35 |
| Neighborhood | 08NO1 |
| Land | $3,309,798 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,309,798 |
| Improvement | $37,856,352 |
|---|---|
| Total Improvement | $37,856,352 |
| Market | $41,166,150 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $41,166,150 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $41,166,150 |
| Taxable Value | $41,166,150 |
|---|
Appreciation: Market value has risen +6.1% from $38,800,000 (2021) to $41,166,150 (2025), a CAGR of 1.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $917,258. 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 8% of market value ($3,309,798 land vs $37,856,352 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $41,166,150, 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 +0.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $39,344,334 by 2031, with an estimated annual tax burden around $741,520. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 221,092 SF | ✗ |
| SO | Sketch Only | 175,246 SF | ✗ |
| 551 | PAVED AREA | 120,000 SF | ✗ |
| 2ND | 2nd Floor | 86,540 SF | ✓ |
| 1ST | 1st Floor | 73,948 SF | ✓ |
| 3RD | 3rd Floor | 60,604 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 21,522 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 21,079 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 17,202 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 17,100 SF | ✗ |
| 581C | STORAGE ATT COMM | 4,622 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 3,404 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 2,160 SF | ✓ |
| 602 | POOL RES CONC | 1,236 SF | ✗ |
| 482 | LIGHT POLES | 14 SF | ✓ |
| MISC | Miscellaneous | 10 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 447C | SPA CON COMM | 1 SF | ✗ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 539 | FENCE 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $438,332.40 | $438,332.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $207,510.73 | $207,510.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $148,834.62 | $148,834.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $46,737.11 | $46,737.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $40,946.40 | $40,946.40 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $882,361.26 | $882,361.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $438,332.40 | 49.7% |
| CAT City of Austin | 0.5240% | $207,510.73 | 23.5% |
| TCO Travis County | 0.3758% | $148,834.62 | 16.9% |
| THD Travis Central Health | 0.1180% | $46,737.11 | 5.3% |
| ACT Austin Community College | 0.1034% | $40,946.40 | 4.6% |
| Total | 2.2282% | $882,361.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $39,071,219 | $41,166,150 | -5.1% |
| Assessed Value | $39,071,219 | $41,166,150 | -5.1% |
| Land Value | $3,309,798 | $3,309,798 | +0.0% |
| Improvement Value | $35,761,421 | $37,856,352 | -5.5% |
| Taxable Value | $39,071,219 | $41,166,150 | -5.1% |
| Total Tax 2026 = estimate |
~$870,579
Estimated
|
~$882,361
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $39,071,219 | $3,309,798 | $35,761,421 | — | $39,071,219 | $39,071,219 | Not yet — post-cert | Preliminary |
| 2025 | $41,166,150 | $3,309,798 | $37,856,352 | — | $41,166,150 | $41,166,150 | ~$882,361 | Partial |
| 2024 | $42,780,000 | $3,309,798 | $39,470,202 | — | $42,780,000 | $42,780,000 | $877,452 | Verified |
| 2023 | $45,490,000 | $3,309,798 | $42,180,202 | — | $45,490,000 | $45,490,000 | $868,199 | Verified |
| 2022 | $42,900,000 | $3,309,798 | $39,590,202 | — | $42,900,000 | $42,900,000 | $932,195 | Verified |
| 2021 | $38,800,000 | $3,309,798 | $35,490,202 | — | $38,800,000 | $38,800,000 | $915,998 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2025 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2024 | -6.0% | -6.0% | ~100% | No billing data | Verified |
| 2023 | +6.0% | +6.0% | ~100% | No billing data | Verified |
| 2022 | +10.6% | +10.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.1% | +0.3% | +0.1% | +10.6% | 2022 | -6.0% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$882,361 | $895,241 | ~$793,291 | $932,195 | 2022 | $868,199 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$39,125,690 | ~$39,125,690 | ~2.1595% | ~$844,914 | +0.1% |
| 2028 | ~$39,180,237 | ~$39,180,237 | ~2.0908% | ~$819,176 | +0.3% |
| 2029 | ~$39,234,860 | ~$39,234,860 | ~2.0221% | ~$793,364 | +0.4% |
| 2030 | ~$39,289,559 | ~$39,289,559 | ~1.9534% | ~$767,479 | +0.6% |
| 2031 | ~$39,344,334 | ~$39,344,334 | ~1.8847% | ~$741,520 | +0.7% |
| 2027 | ~$38,344,266 | ~$38,344,266 | ~2.2282% | ~$854,381 | -1.9% |
| 2028 | ~$37,630,838 | ~$37,630,838 | ~2.2282% | ~$838,485 | -3.7% |
| 2029 | ~$36,930,684 | ~$36,930,684 | ~2.2282% | ~$822,884 | -5.5% |
| 2030 | ~$36,243,557 | ~$36,243,557 | ~2.2282% | ~$807,574 | -7.2% |
| 2031 | ~$35,569,214 | ~$35,569,214 | ~2.2282% | ~$792,548 | -9.0% |
| 2027 | ~$39,907,114 | ~$39,907,114 | ~2.1251% | ~$848,081 | +2.1% |
| 2028 | ~$40,760,893 | ~$40,760,893 | ~2.0221% | ~$824,222 | +4.3% |
| 2029 | ~$41,632,937 | ~$41,632,937 | ~1.9190% | ~$798,953 | +6.6% |
| 2030 | ~$42,523,638 | ~$42,523,638 | ~1.8160% | ~$772,227 | +8.8% |
| 2031 | ~$43,433,395 | ~$43,433,395 | ~1.7129% | ~$743,991 | +11.2% |
In 2025, this property's market value of $41,166,150 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 79× 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 | $41,166,150 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $42,780,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $45,490,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $42,900,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $38,800,000 | $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 | — |