2520 ELMONT DR TX 78741
| Owner | ELMONT DRIVE LADY BIRD LLC |
|---|---|
| Parcel ID | 0303090106 |
| Short ID | 285039 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 46,514 SF |
| Land SF | 89,058 SF |
| Acres | 2.044 |
| Year Built | 1972 |
| Legal | LOT 1-2 S S & F SUBD NO 1 |
| Neighborhood | 08SE |
| Land | $5,343,505 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,343,505 |
| Improvement | $4,259,253 |
|---|---|
| Total Improvement | $4,259,253 |
| Market | $9,602,758 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,602,758 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,602,758 |
| Taxable Value | $9,602,758 |
|---|
Appreciation: Market value has fallen -32.6% from $14,246,371 (2021) to $9,602,758 (2025), a CAGR of -9.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $196,519. 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 56% of market value ($5,343,505 land vs $4,259,253 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $9,602,758, 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 -7.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,631,592 by 2031, with an estimated annual tax burden around $124,922. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 77,905 SF | ✗ |
| 551 | PAVED AREA | 36,585 SF | ✗ |
| 1ST | 1st Floor | 23,257 SF | ✓ |
| 2ND | 2nd Floor | 23,257 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 712 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 640 SF | ✗ |
| 571C | STORAGE DET COMM | 444 SF | ✓ |
| 601 | POOL COMM'L | 392 SF | ✗ |
| 581C | STORAGE ATT COMM | 296 SF | ✓ |
| MISC | Miscellaneous | 13 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 142 | BATHTUB AVG | 2 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 303 | STAIRWAYS FV | 2 SF | ✓ |
| 509 | CANOPY FV | 2 SF | ✗ |
| 299 | ALL FLAT VALUE | 2 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 531 | OBS FENCE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $88,844.72 | $88,844.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $50,320.08 | $50,320.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $36,091.49 | $36,091.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,333.46 | $11,333.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,929.25 | $9,929.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $196,519.00 | $196,519.00 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $88,844.72 | 45.2% |
| CAT City of Austin | 0.5240% | $50,320.08 | 25.6% |
| TCO Travis County | 0.3758% | $36,091.49 | 18.4% |
| THD Travis Central Health | 0.1180% | $11,333.46 | 5.8% |
| ACT Austin Community College | 0.1034% | $9,929.25 | 5.1% |
| Total | 2.0465% | $196,519.00 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,719,883 | $9,602,758 | +1.2% |
| Assessed Value | $9,719,883 | $9,602,758 | +1.2% |
| Land Value | $5,343,505 | $5,343,505 | +0.0% |
| Improvement Value | $4,376,378 | $4,259,253 | +2.7% |
| Taxable Value | $9,719,883 | $9,602,758 | +1.2% |
| Total Tax 2026 = estimate |
~$198,916
Estimated
|
~$196,519
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,719,883 | $5,343,505 | $4,376,378 | — | $9,719,883 | $9,719,883 | Not yet — post-cert | Preliminary |
| 2025 | $9,602,758 | $5,343,505 | $4,259,253 | — | $9,602,758 | $9,602,758 | ~$196,519 | Partial |
| 2024 | $9,329,000 | $5,343,505 | $3,985,495 | — | $9,329,000 | $9,329,000 | $184,883 | Verified |
| 2023 | $15,352,617 | $4,452,921 | $10,899,696 | — | $15,352,617 | $15,352,617 | $265,063 | Verified |
| 2022 | $14,610,000 | $4,452,921 | $10,157,079 | — | $14,610,000 | $14,610,000 | $288,536 | Verified |
| 2021 | $14,246,371 | $4,452,921 | $9,793,450 | — | $14,246,371 | $14,246,371 | $310,098 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | +2.9% | +2.9% | ~100% | Not available | Partial |
| 2024 | -39.2% | -39.2% | ~100% | No billing data | Verified |
| 2023 | +5.1% | +5.1% | ~100% | No billing data | Verified |
| 2022 | +2.6% | +2.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.2% | -5.5% | -7.4% | +5.1% | 2023 | -39.2% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$196,519 | $249,020 | ~$151,863 | $310,098 | 2021 | $184,883 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$9,004,351 | ~$9,004,351 | ~2.0139% | ~$181,342 | -7.4% |
| 2028 | ~$8,341,492 | ~$8,341,492 | ~1.9814% | ~$165,277 | -14.2% |
| 2029 | ~$7,727,431 | ~$7,727,431 | ~1.9488% | ~$150,595 | -20.5% |
| 2030 | ~$7,158,573 | ~$7,158,573 | ~1.9163% | ~$137,179 | -26.4% |
| 2031 | ~$6,631,592 | ~$6,631,592 | ~1.8837% | ~$124,922 | -31.8% |
| 2027 | ~$9,233,889 | ~$9,233,889 | ~2.0465% | ~$188,970 | -5.0% |
| 2028 | ~$8,772,194 | ~$8,772,194 | ~2.0465% | ~$179,522 | -9.8% |
| 2029 | ~$8,333,585 | ~$8,333,585 | ~2.0465% | ~$170,546 | -14.3% |
| 2030 | ~$7,916,905 | ~$7,916,905 | ~2.0465% | ~$162,018 | -18.5% |
| 2031 | ~$7,521,060 | ~$7,521,060 | ~2.0465% | ~$153,917 | -22.6% |
| 2027 | ~$9,198,748 | ~$9,198,748 | ~1.9977% | ~$183,760 | -5.4% |
| 2028 | ~$8,705,554 | ~$8,705,554 | ~1.9488% | ~$169,657 | -10.4% |
| 2029 | ~$8,238,803 | ~$8,238,803 | ~1.9000% | ~$156,539 | -15.2% |
| 2030 | ~$7,797,077 | ~$7,797,077 | ~1.8512% | ~$144,339 | -19.8% |
| 2031 | ~$7,379,034 | ~$7,379,034 | ~1.8024% | ~$132,998 | -24.1% |
In 2025, this property's market value of $9,602,758 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 18× 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 | $9,602,758 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $9,329,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $15,352,617 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $14,610,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $14,246,371 | $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 | — |