13301 LEGENDARY DR TX 78727
| Owner | LCP MFI MONTERRA LLC |
|---|---|
| Parcel ID | 0270030402 |
| Short ID | 820452 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 226,616 SF |
| Land SF | 853,515 SF |
| Acres | 19.594 |
| Year Built | 2013 |
| Legal | LOT 2 PARMER LANE LUXURY APARTMENTS SUBD |
| Neighborhood | 08FNW |
| Land | $8,535,146 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,535,146 |
| Improvement | $47,464,854 |
|---|---|
| Total Improvement | $47,464,854 |
| Market | $56,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $56,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $56,000,000 |
| Taxable Value | $56,000,000 |
|---|
Appreciation: Market value has risen +23.1% from $45,500,000 (2021) to $56,000,000 (2025), a CAGR of 5.3% over 4 years. This represents moderate, steady growth. 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 outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,128,056. Round Rock ISD is the largest single contributor, at 44.3% 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 15% of market value ($8,535,146 land vs $47,464,854 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $56,000,000, 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 +1.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $52,560,504 by 2031, with an estimated annual tax burden around $904,904. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 120,000 SF | ✗ |
| 2ND | 2nd Floor | 75,539 SF | ✓ |
| 1ST | 1st Floor | 75,539 SF | ✓ |
| 3RD | 3rd Floor | 75,538 SF | ✓ |
| MISC | Miscellaneous | 10,310 SF | ✓ |
| 601 | POOL COMM'L | 1,000 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $473,343.00 | $473,343.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $277,729.01 | $277,729.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $199,197.85 | $199,197.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $62,552.19 | $62,552.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $54,802.00 | $54,802.00 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $1,067,624.05 | $1,067,624.05 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $473,343.00 | 44.3% |
| CAT City of Austin | 0.5240% | $277,729.01 | 26.0% |
| TCO Travis County | 0.3758% | $199,197.85 | 18.7% |
| THD Travis Central Health | 0.1180% | $62,552.19 | 5.9% |
| ACT Austin Community College | 0.1034% | $54,802.00 | 5.1% |
| Total | 2.0144% | $1,067,624.05 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $48,902,995 | $56,000,000 | -12.7% |
| Assessed Value | $48,902,995 | $56,000,000 | -12.7% |
| Land Value | $8,535,146 | $8,535,146 | +0.0% |
| Improvement Value | $40,367,849 | $47,464,854 | -15.0% |
| Taxable Value | $48,902,995 | $56,000,000 | -12.7% |
| Total Tax 2026 = estimate |
~$985,095
Estimated
|
~$1,067,624
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $48,902,995 | $8,535,146 | $40,367,849 | — | $48,902,995 | $48,902,995 | Not yet — post-cert | Preliminary |
| 2025 | $56,000,000 | $8,535,146 | $47,464,854 | — | $56,000,000 | $56,000,000 | ~$1,067,624 | Partial |
| 2024 | $58,000,000 | $8,535,146 | $49,464,854 | — | $58,000,000 | $58,000,000 | $1,079,698 | Verified |
| 2023 | $58,300,000 | $8,535,146 | $49,764,854 | — | $58,300,000 | $58,300,000 | $1,016,903 | Verified |
| 2022 | $53,000,000 | $8,535,146 | $44,464,854 | — | $53,000,000 | $53,000,000 | $1,033,134 | Verified |
| 2021 | $45,500,000 | $6,828,117 | $38,671,883 | — | $45,500,000 | $45,500,000 | $1,001,666 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.7% | -12.7% | ~100% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | No billing data | Verified |
| 2023 | +10.0% | +10.0% | ~100% | No billing data | Verified |
| 2022 | +16.5% | +16.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.7% | +2.0% | +1.5% | +16.5% | 2022 | -12.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,067,624 | $1,039,805 | ~$938,299 | $1,079,698 | 2024 | $1,001,666 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$49,613,546 | ~$49,613,546 | ~1.9558% | ~$970,360 | +1.5% |
| 2028 | ~$50,334,422 | ~$50,334,422 | ~1.8973% | ~$954,989 | +2.9% |
| 2029 | ~$51,065,771 | ~$51,065,771 | ~1.8387% | ~$938,967 | +4.4% |
| 2030 | ~$51,807,747 | ~$51,807,747 | ~1.7802% | ~$922,277 | +5.9% |
| 2031 | ~$52,560,504 | ~$52,560,504 | ~1.7216% | ~$904,904 | +7.5% |
| 2027 | ~$48,635,486 | ~$48,635,486 | ~2.0144% | ~$979,706 | -0.5% |
| 2028 | ~$48,369,441 | ~$48,369,441 | ~2.0144% | ~$974,347 | -1.1% |
| 2029 | ~$48,104,851 | ~$48,104,851 | ~2.0144% | ~$969,017 | -1.6% |
| 2030 | ~$47,841,708 | ~$47,841,708 | ~2.0144% | ~$963,716 | -2.2% |
| 2031 | ~$47,580,005 | ~$47,580,005 | ~2.0144% | ~$958,444 | -2.7% |
| 2027 | ~$50,591,606 | ~$50,591,606 | ~1.9266% | ~$974,679 | +3.5% |
| 2028 | ~$52,338,525 | ~$52,338,525 | ~1.8387% | ~$962,369 | +7.0% |
| 2029 | ~$54,145,764 | ~$54,145,764 | ~1.7509% | ~$948,047 | +10.7% |
| 2030 | ~$56,015,407 | ~$56,015,407 | ~1.6631% | ~$931,589 | +14.5% |
| 2031 | ~$57,949,608 | ~$57,949,608 | ~1.5753% | ~$912,864 | +18.5% |
In 2025, this property's market value of $56,000,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 108× 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 | $56,000,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $58,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $58,300,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $53,000,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $45,500,000 | $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 | — |