1720 SOUTH LAKESHORE BLVD TX 78741
| Owner | 1620 EAST RIVERSIDE DRIVE LLC |
|---|---|
| Parcel ID | 0302060131 |
| Short ID | 283714 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 307,861 SF |
| Land SF | 456,692 SF |
| Acres | 10.484 |
| Year Built | 2020 |
| Legal | LOT 1 LADY BIRD LAKE VILLAGE & LOT 1A SHAMROCK ADDN & 6.9290 ACR OF TRT A&B ABS 24 DELVALLE S |
| Neighborhood | 08SE |
| Land | $44,755,792 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $44,755,792 |
| Improvement | $111,764,208 |
|---|---|
| Total Improvement | $111,764,208 |
| Market | $156,520,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $156,520,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $156,520,000 |
| Taxable Value | $156,520,000 |
|---|
Appreciation: Market value has risen +58.8% from $98,580,000 (2021) to $156,520,000 (2025), a CAGR of 12.3% over 4 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 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $3,203,158. 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 29% of market value ($44,755,792 land vs $111,764,208 improvements), about $98/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $156,520,000, 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 +8.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $217,652,876 by 2031, with an estimated annual tax burden around $4,100,020. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 233,121 SF | ✓ |
| 1ST | 1st Floor | 164,894 SF | ✓ |
| BELOW | Below | 82,361 SF | ✓ |
| 3RD | 3rd Floor | 77,779 SF | ✓ |
| 2ND | 2nd Floor | 65,188 SF | ✓ |
| 4TH | 4th Floor | 32,028 SF | ✓ |
| 5TH | 5th Floor | 16,258 SF | ✓ |
| MISC | Miscellaneous | 7,841 SF | ✓ |
| 601 | POOL COMM'L | 2,000 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% | $1,168,769.76 | $1,168,769.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $661,970.63 | $661,970.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $474,790.61 | $474,790.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $149,093.94 | $149,093.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $130,621.26 | $130,621.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,585,246.20 | $2,585,246.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $1,168,769.76 | 45.2% |
| CAT City of Austin | 0.5240% | $661,970.63 | 25.6% |
| TCO Travis County | 0.3758% | $474,790.61 | 18.4% |
| THD Travis Central Health | 0.1180% | $149,093.94 | 5.8% |
| ACT Austin Community College | 0.1034% | $130,621.26 | 5.1% |
| Total | 2.0465% | $2,585,246.20 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $146,479,420 | $156,520,000 | -6.4% |
| Assessed Value | $146,479,420 | $156,520,000 | -6.4% |
| Land Value | $44,755,792 | $44,755,792 | +0.0% |
| Improvement Value | $101,723,628 | $111,764,208 | -9.0% |
| Taxable Value | $146,479,420 | $156,520,000 | -6.4% |
| Total Tax 2026 = estimate |
~$2,997,679
Estimated
|
~$2,585,246
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $146,479,420 | $44,755,792 | $101,723,628 | — | $146,479,420 | $146,479,420 | Not yet — post-cert | Preliminary |
| 2025 | $156,520,000 | $44,755,792 | $111,764,208 | — | $156,520,000 | $156,520,000 | ~$2,585,246 | Partial |
| 2024 | $136,000,000 | $44,755,792 | $91,244,208 | — | $136,000,000 | $136,000,000 | $2,544,826 | Verified |
| 2023 | $140,611,158 | $31,968,423 | $108,642,735 | — | $140,611,158 | $140,611,158 | $2,187,710 | Verified |
| 2022 | $120,390,000 | $31,968,423 | $88,421,577 | — | $120,390,000 | $120,390,000 | $2,154,527 | Verified |
| 2021 | $98,580,000 | $31,968,424 | $66,611,576 | — | $98,580,000 | $98,580,000 | $1,967,887 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.4% | -6.4% | ~100% | Not available | Partial |
| 2025 | +15.1% | +15.1% | ~100% | Not available | Partial |
| 2024 | -3.3% | -3.3% | ~100% | No billing data | Verified |
| 2023 | +16.8% | +16.8% | ~100% | No billing data | Verified |
| 2022 | +22.1% | +22.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.4% | +8.9% | +8.2% | +22.1% | 2022 | -6.4% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,585,246 | $2,288,039 | ~$3,633,446 | $2,585,246 | 2025 | $1,967,887 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$158,552,893 | ~$158,552,893 | ~2.0139% | ~$3,193,155 | +8.2% |
| 2028 | ~$171,621,515 | ~$171,621,515 | ~1.9814% | ~$3,400,488 | +17.2% |
| 2029 | ~$185,767,309 | ~$185,767,309 | ~1.9488% | ~$3,620,307 | +26.8% |
| 2030 | ~$201,079,062 | ~$201,079,062 | ~1.9163% | ~$3,853,260 | +37.3% |
| 2031 | ~$217,652,876 | ~$217,652,876 | ~1.8837% | ~$4,100,020 | +48.6% |
| 2027 | ~$155,623,305 | ~$155,623,305 | ~2.0465% | ~$3,184,808 | +6.2% |
| 2028 | ~$165,337,991 | ~$165,337,991 | ~2.0465% | ~$3,383,617 | +12.9% |
| 2029 | ~$175,659,110 | ~$175,659,110 | ~2.0465% | ~$3,594,837 | +19.9% |
| 2030 | ~$186,624,518 | ~$186,624,518 | ~2.0465% | ~$3,819,243 | +27.4% |
| 2031 | ~$198,274,435 | ~$198,274,435 | ~2.0465% | ~$4,057,657 | +35.4% |
| 2027 | ~$161,482,482 | ~$161,127,362 | ~1.9977% | ~$3,218,780 | +10.2% |
| 2028 | ~$178,022,222 | ~$177,240,098 | ~1.9488% | ~$3,454,125 | +21.5% |
| 2029 | ~$196,256,035 | ~$194,964,108 | ~1.9000% | ~$3,704,351 | +34.0% |
| 2030 | ~$216,357,435 | ~$214,460,519 | ~1.8512% | ~$3,970,080 | +47.7% |
| 2031 | ~$238,517,708 | ~$235,906,571 | ~1.8024% | ~$4,251,912 | +62.8% |
In 2025, this property's market value of $156,520,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 302× 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 | $156,520,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $136,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $140,611,158 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $120,390,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $98,580,000 | $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 | — |