11501 1/2 BURNET RD 78758
| Owner | ONE UPTOWN MULTIFAMILY PROPERTY LP |
|---|---|
| Parcel ID | 0256081703 |
| Short ID | 960043 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | 368,280 SF |
| Land SF | 82,394 SF |
| Acres | 1.892 |
| Year Built | 2024 |
| Legal | ONE UPTOWN CONDOMINIUM UNT MULTIFAMILY UNIT PLUS 45.00% INT IN COM AREA |
| Neighborhood | NO2 |
| Land | $5,355,587 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,355,587 |
| Improvement | $115,034,413 |
|---|---|
| Total Improvement | $115,034,413 |
| Market | $120,390,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $120,390,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $120,390,000 |
| Taxable Value | $120,390,000 |
|---|
Appreciation: Market value has risen +1729.3% from $6,581,249 (2022) to $120,390,000 (2025), a CAGR of 163.5% over 3 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,463,763. 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 4% of market value ($5,355,587 land vs $115,034,413 improvements), about $65/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $120,390,000, 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 +104.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,171,399,833 by 2031, with an estimated annual tax burden around $3,512,488. 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 | 368,280 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% | $1,113,848.28 | $1,113,848.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $630,864.07 | $630,864.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $452,479.80 | $452,479.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $142,087.89 | $142,087.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $124,483.26 | $124,483.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,463,763.30 | $2,463,763.30 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,113,848.28 | 45.2% |
| CAT City of Austin | 0.5240% | $630,864.07 | 25.6% |
| TCO Travis County | 0.3758% | $452,479.80 | 18.4% |
| THD Travis Central Health | 0.1180% | $142,087.89 | 5.8% |
| ACT Austin Community College | 0.1034% | $124,483.26 | 5.1% |
| Total | 2.0465% | $2,463,763.30 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $115,779,022 | $120,390,000 | -3.8% |
| Assessed Value | $115,779,022 | $120,390,000 | -3.8% |
| Land Value | $5,355,587 | $5,355,587 | +0.0% |
| Improvement Value | $110,423,435 | $115,034,413 | -4.0% |
| Taxable Value | $115,779,022 | $120,390,000 | -3.8% |
| Total Tax 2026 = estimate |
~$2,369,400
Estimated
|
~$2,463,763
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $115,779,022 | $5,355,587 | $110,423,435 | — | $115,779,022 | $115,779,022 | Not yet — post-cert | Preliminary |
| 2025 | $120,390,000 | $5,355,587 | $115,034,413 | — | $120,390,000 | $120,390,000 | ~$2,463,763 | Partial |
| 2024 | $92,781,577 | $5,355,587 | $87,425,990 | — | $92,781,577 | $92,781,577 | $1,823,120 | Verified |
| 2023 | $34,434,790 | $5,355,587 | $29,079,203 | — | $34,434,790 | $34,434,790 | $623,010 | Verified |
| 2022 | $6,581,249 | $5,355,587 | $1,225,662 | — | $6,581,249 | $6,581,249 | $129,975 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2025 | +29.8% | +29.8% | ~100% | Not available | Partial |
| 2024 | +169.4% ! | +169.4% | ~100% | No billing data | Verified |
| 2023 | +423.2% ! | +423.2% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1729.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.8% | +154.7% | +104.8% | +423.2% | 2023 | -3.8% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,463,763 | $1,259,967 | ~$3,020,939 | $2,463,763 | 2025 | $129,975 | 2022 |
Market value changed by 423% 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 | ~$237,115,675 | ~$127,356,924 | ~2.0139% | ~$2,564,888 | +104.8% |
| 2028 | ~$485,613,391 | ~$140,092,617 | ~1.9814% | ~$2,775,778 | +319.4% |
| 2029 | ~$994,537,223 | ~$154,101,878 | ~1.9488% | ~$3,003,198 | +759.0% |
| 2030 | ~$2,036,814,279 | ~$169,512,066 | ~1.9163% | ~$3,248,344 | +1659.2% |
| 2031 | ~$4,171,399,833 | ~$186,463,273 | ~1.8837% | ~$3,512,488 | +3502.9% |
| 2027 | ~$234,800,095 | ~$127,356,924 | ~2.0465% | ~$2,606,340 | +102.8% |
| 2028 | ~$476,175,075 | ~$140,092,617 | ~2.0465% | ~$2,866,974 | +311.3% |
| 2029 | ~$965,684,032 | ~$154,101,878 | ~2.0465% | ~$3,153,672 | +734.1% |
| 2030 | ~$1,958,409,204 | ~$169,512,066 | ~2.0465% | ~$3,469,039 | +1591.5% |
| 2031 | ~$3,971,657,894 | ~$186,463,273 | ~2.0465% | ~$3,815,943 | +3330.4% |
| 2027 | ~$239,431,256 | ~$127,356,924 | ~1.9977% | ~$2,544,161 | +106.8% |
| 2028 | ~$495,144,329 | ~$140,092,617 | ~1.9488% | ~$2,730,180 | +327.7% |
| 2029 | ~$1,023,959,492 | ~$154,101,878 | ~1.9000% | ~$2,927,961 | +784.4% |
| 2030 | ~$2,117,550,335 | ~$169,512,066 | ~1.8512% | ~$3,137,997 | +1729.0% |
| 2031 | ~$4,379,098,449 | ~$186,463,273 | ~1.8024% | ~$3,360,760 | +3682.3% |
In 2025, this property's market value of $120,390,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 232× 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 | $120,390,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $92,781,577 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $34,434,790 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $6,581,249 | $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 | Partial |
| 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 | — |