12300 TECH RIDGE BLVD TX 78753
| Owner | TECH RIDGE VENTURE LLC |
|---|---|
| Parcel ID | 0256230305 |
| Short ID | 888482 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 374,432 SF |
| Land SF | 622,080 SF |
| Acres | 14.281 |
| Year Built | 2024 |
| Legal | LOT 7 BLK B TECH RIDGE CENTER PHS IV 2ND AMD LTS 5-7 BLK B |
| Neighborhood | 53NEA |
| Land | $5,598,723 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,598,723 |
| Improvement | $65,228,454 |
|---|---|
| Total Improvement | $65,228,454 |
| Market | $70,827,177 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $70,827,177 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $70,827,177 |
| Taxable Value | $70,827,177 |
|---|
Appreciation: Market value has risen +3300.9% from $2,082,582 (2021) to $70,827,177 (2025), a CAGR of 141.5% 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.
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 $1,578,161. 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 ($5,598,723 land vs $65,228,454 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $70,827,177, 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 +109.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,388,908,624 by 2031, with an estimated annual tax burden around $2,549,969. 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 | 374,432 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% | $783,986.02 | $783,986.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $371,146.45 | $371,146.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $266,200.40 | $266,200.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $83,592.36 | $83,592.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $73,235.30 | $73,235.30 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,578,160.53 | $1,578,160.53 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IPF Pflugerville ISD | 1.1069% | $783,986.02 | 49.7% |
| CAT City of Austin | 0.5240% | $371,146.45 | 23.5% |
| TCO Travis County | 0.3758% | $266,200.40 | 16.9% |
| THD Travis Central Health | 0.1180% | $83,592.36 | 5.3% |
| ACT Austin Community College | 0.1034% | $73,235.30 | 4.6% |
| Total | 2.2282% | $1,578,160.53 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $84,010,000 | $70,827,177 | +18.6% |
| Assessed Value | $84,010,000 | $70,827,177 | +18.6% |
| Land Value | $3,963,524 | $5,598,723 | -29.2% |
| Improvement Value | $80,046,476 | $65,228,454 | +22.7% |
| Taxable Value | $84,010,000 | $70,827,177 | +18.6% |
| Total Tax 2026 = estimate |
~$1,871,898
Estimated
|
~$1,578,161
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $84,010,000 | $3,963,524 | $80,046,476 | — | $84,010,000 | $84,010,000 | Not yet — post-cert | Preliminary |
| 2025 | $70,827,177 | $5,598,723 | $65,228,454 | — | $70,827,177 | $70,827,177 | ~$1,578,161 | Partial |
| 2024 | $12,212,465 | $5,598,723 | $6,613,742 | — | $12,212,465 | $12,212,465 | $225,775 | Verified |
| 2023 | $11,304,112 | $5,598,723 | $5,705,389 | — | $11,304,112 | $11,304,112 | $232,746 | Verified |
| 2022 | $2,599,706 | $2,397,717 | $201,989 | — | $2,599,706 | $2,599,706 | $58,309 | Verified |
| 2021 | $2,082,582 | $1,918,174 | $164,408 | — | $2,082,582 | $2,082,582 | $52,127 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.6% | +18.6% | ~100% | Not available | Partial |
| 2025 | +480.0% ! | +480.0% | ~100% | Not available | Partial |
| 2024 | +8.0% | +8.0% | ~100% | No billing data | Verified |
| 2023 | +334.8% ! | +334.8% | ~100% | No billing data | Verified |
| 2022 | +24.8% | +24.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3300.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.6% | +173.2% | +109.5% | +480.0% | 2025 | +8.0% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,578,161 | $429,423 | ~$2,266,920 | $1,578,161 | 2025 | $52,127 | 2021 |
Market value changed by 335% 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 | ~$175,985,449 | ~$92,411,000 | ~2.1595% | ~$1,995,603 | +109.5% |
| 2028 | ~$368,657,042 | ~$101,652,100 | ~2.0908% | ~$2,125,330 | +338.8% |
| 2029 | ~$772,268,480 | ~$111,817,310 | ~2.0221% | ~$2,261,046 | +819.3% |
| 2030 | ~$1,617,759,967 | ~$122,999,041 | ~1.9534% | ~$2,402,652 | +1825.7% |
| 2031 | ~$3,388,908,624 | ~$135,298,945 | ~1.8847% | ~$2,549,969 | +3933.9% |
| 2027 | ~$174,305,249 | ~$92,411,000 | ~2.2282% | ~$2,059,088 | +107.5% |
| 2028 | ~$361,651,228 | ~$101,652,100 | ~2.2282% | ~$2,264,997 | +330.5% |
| 2029 | ~$750,359,567 | ~$111,817,310 | ~2.2282% | ~$2,491,497 | +793.2% |
| 2030 | ~$1,556,857,647 | ~$122,999,041 | ~2.2282% | ~$2,740,646 | +1753.2% |
| 2031 | ~$3,230,192,349 | ~$135,298,945 | ~2.2282% | ~$3,014,711 | +3745.0% |
| 2027 | ~$177,665,649 | ~$92,411,000 | ~2.1251% | ~$1,963,861 | +111.5% |
| 2028 | ~$375,730,064 | ~$101,652,100 | ~2.0221% | ~$2,055,496 | +347.2% |
| 2029 | ~$794,599,757 | ~$111,817,310 | ~1.9190% | ~$2,145,821 | +845.8% |
| 2030 | ~$1,680,431,867 | ~$122,999,041 | ~1.8160% | ~$2,233,655 | +1900.3% |
| 2031 | ~$3,553,803,328 | ~$135,298,945 | ~1.7129% | ~$2,317,598 | +4130.2% |
In 2025, this property's market value of $70,827,177 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 136× 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 | $70,827,177 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $12,212,465 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $11,304,112 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,599,706 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,082,582 | $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 | — |