3101 WELLS BRANCH PKWY TX 78728
| Owner | COLLINS WAYMAN LLC & WFP WAYMAN LLC |
|---|---|
| Parcel ID | 0270160502 |
| Short ID | 362997 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 242,744 SF |
| Land SF | 532,825 SF |
| Acres | 12.232 |
| Year Built | 1995 |
| Legal | LOT 1 BLK A SUMMIT PARK AT WELLS BRANCH PHS D |
| Neighborhood | 08NO2 |
| Land | $5,328,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,328,250 |
| Improvement | $35,301,750 |
|---|---|
| Total Improvement | $35,301,750 |
| Market | $40,630,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,630,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,630,000 |
| Taxable Value | $40,630,000 |
|---|
Appreciation: Market value has risen +11.4% from $36,480,000 (2021) to $40,630,000 (2025), a CAGR of 2.7% 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 7 taxing entities is 1.8536% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $753,131. Round Rock ISD is the largest single contributor, at 48.2% 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 13% of market value ($5,328,250 land vs $35,301,750 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $40,630,000, 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 +0.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $37,361,589 by 2031, with an estimated annual tax burden around $541,258. 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.
24 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 363,469 SF | ✗ |
| 2ND | 2nd Floor | 90,356 SF | ✓ |
| 3RD | 3rd Floor | 76,196 SF | ✓ |
| 1ST | 1st Floor | 76,192 SF | ✓ |
| 551 | PAVED AREA | 63,600 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 21,824 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 18,932 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 15,876 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 15,140 SF | ✗ |
| 581C | STORAGE ATT COMM | 5,328 SF | ✓ |
| 611 | TERRACE | 1,716 SF | ✗ |
| 601 | POOL COMM'L | 1,600 SF | ✗ |
| 571C | STORAGE DET COMM | 80 SF | ✓ |
| MISC | Miscellaneous | 8 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 | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 549 | FENCE COMM 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $362,866.53 | $362,866.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $152,705.82 | $152,705.82 | Paid |
| U32 Wells Branch MUD | 0.3350% | 0.2829% | 0.2570% | 0.2400% | 0.2400% | +0.0000% | $97,512.00 | $97,512.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $47,952.74 | $47,952.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $42,011.42 | $42,011.42 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $37,690.42 | $37,690.42 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $12,392.15 | $12,392.15 | Paid |
| Combined Rate | 2.1776% | 1.9656% | 1.7802% | 1.8177% | 1.8536% | +0.0359% | $753,131.08 | $753,131.08 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $362,866.53 | 48.2% |
| TCO Travis County | 0.3758% | $152,705.82 | 20.3% |
| U32 Wells Branch MUD | 0.2400% | $97,512.00 | 12.9% |
| THD Travis Central Health | 0.1180% | $47,952.74 | 6.4% |
| ACT Austin Community College | 0.1034% | $42,011.42 | 5.6% |
| E02 Travis County ESD # 02 | 0.0928% | $37,690.42 | 5.0% |
| E17 Travis County ESD #17 | 0.0305% | $12,392.15 | 1.6% |
| Total | 1.8536% | $753,131.08 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $36,918,163 | $40,630,000 | -9.1% |
| Assessed Value | $36,918,163 | $40,630,000 | -9.1% |
| Land Value | $5,328,250 | $5,328,250 | +0.0% |
| Improvement Value | $31,589,913 | $35,301,750 | -10.5% |
| Taxable Value | $36,918,163 | $40,630,000 | -9.1% |
| Total Tax 2026 = estimate |
~$684,327
Estimated
|
~$753,131
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $36,918,163 | $5,328,250 | $31,589,913 | — | $36,918,163 | $36,918,163 | Not yet — post-cert | Preliminary |
| 2025 | $40,630,000 | $5,328,250 | $35,301,750 | — | $40,630,000 | $40,630,000 | ~$753,131 | Partial |
| 2024 | $48,993,031 | $5,328,250 | $43,664,781 | — | $48,993,031 | $48,993,031 | $856,345 | Verified |
| 2023 | $50,250,000 | $4,262,600 | $45,987,400 | — | $50,250,000 | $50,250,000 | $848,329 | Verified |
| 2022 | $45,900,000 | $4,262,600 | $41,637,400 | — | $45,900,000 | $45,900,000 | $851,814 | Verified |
| 2021 | $36,480,000 | $4,262,600 | $32,217,400 | — | $36,480,000 | $36,480,000 | $794,381 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.1% | -9.1% | ~100% | Not available | Partial |
| 2025 | -17.1% | -17.1% | ~100% | Not available | Partial |
| 2024 | -2.5% | -2.5% | ~100% | No billing data | Verified |
| 2023 | +9.5% | +9.5% | ~100% | No billing data | Verified |
| 2022 | +25.8% | +25.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.1% | +1.3% | +0.2% | +25.8% | 2022 | -17.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$753,131 | $820,800 | ~$598,766 | $856,345 | 2024 | $753,131 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$37,006,425 | ~$37,006,425 | ~1.7726% | ~$655,993 | +0.2% |
| 2028 | ~$37,094,898 | ~$37,094,898 | ~1.6917% | ~$627,520 | +0.5% |
| 2029 | ~$37,183,583 | ~$37,183,583 | ~1.6107% | ~$598,906 | +0.7% |
| 2030 | ~$37,272,480 | ~$37,272,480 | ~1.5297% | ~$570,152 | +1.0% |
| 2031 | ~$37,361,589 | ~$37,361,589 | ~1.4487% | ~$541,258 | +1.2% |
| 2027 | ~$36,268,062 | ~$36,268,062 | ~1.8536% | ~$672,277 | -1.8% |
| 2028 | ~$35,629,409 | ~$35,629,409 | ~1.8536% | ~$660,438 | -3.5% |
| 2029 | ~$35,002,001 | ~$35,002,001 | ~1.8536% | ~$648,809 | -5.2% |
| 2030 | ~$34,385,642 | ~$34,385,642 | ~1.8536% | ~$637,384 | -6.9% |
| 2031 | ~$33,780,137 | ~$33,780,137 | ~1.8536% | ~$626,160 | -8.5% |
| 2027 | ~$37,744,788 | ~$37,744,788 | ~1.7322% | ~$653,798 | +2.2% |
| 2028 | ~$38,589,923 | ~$38,589,923 | ~1.6107% | ~$621,558 | +4.5% |
| 2029 | ~$39,453,980 | ~$39,453,980 | ~1.4892% | ~$587,546 | +6.9% |
| 2030 | ~$40,337,384 | ~$40,337,384 | ~1.3677% | ~$551,700 | +9.3% |
| 2031 | ~$41,240,568 | ~$41,240,568 | ~1.2462% | ~$513,954 | +11.7% |
In 2025, this property's market value of $40,630,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 78× 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 | $40,630,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $48,993,031 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $50,250,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $45,900,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $36,480,000 | $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 | — |