2223 WATERLOO CITY LN TX 78741
| Owner | ORACLE AMERICA INC |
|---|---|
| Parcel ID | 0303090111 |
| Short ID | 810182 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 344,230 SF |
| Land SF | 261,273 SF |
| Acres | 5.998 |
| Year Built | 2024 |
| Legal | LOT 9 LAKESHORE PHS I |
| Neighborhood | 08SE |
| Land | $18,289,102 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,289,102 |
| Improvement | $27,540,898 |
|---|---|
| Total Improvement | $27,540,898 |
| Market | $45,830,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $45,830,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $45,830,000 |
| Taxable Value | $45,830,000 |
|---|
Appreciation: Market value has fallen -14.2% from $53,400,000 (2021) to $45,830,000 (2025), a CAGR of -3.7% 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 $937,904. 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 40% of market value ($18,289,102 land vs $27,540,898 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $45,830,000, 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 -4.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $33,046,753 by 2031, with an estimated annual tax burden around $622,516. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 240,186 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| 2ND | 2nd Floor | 65,498 SF | ✓ |
| 3RD | 3rd Floor | 38,546 SF | ✓ |
| MISC | Miscellaneous | 4,000 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 041C | GARAGE ATT 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $424,019.16 | $424,019.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $240,156.99 | $240,156.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $172,249.76 | $172,249.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $54,089.94 | $54,089.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $47,388.22 | $47,388.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $937,904.07 | $937,904.07 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $424,019.16 | 45.2% |
| CAT City of Austin | 0.5240% | $240,156.99 | 25.6% |
| TCO Travis County | 0.3758% | $172,249.76 | 18.4% |
| THD Travis Central Health | 0.1180% | $54,089.94 | 5.8% |
| ACT Austin Community College | 0.1034% | $47,388.22 | 5.1% |
| Total | 2.0465% | $937,904.07 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $42,008,292 | $45,830,000 | -8.3% |
| Assessed Value | $42,008,292 | $45,830,000 | -8.3% |
| Land Value | $18,289,102 | $18,289,102 | +0.0% |
| Improvement Value | $23,719,190 | $27,540,898 | -13.9% |
| Taxable Value | $42,008,292 | $45,830,000 | -8.3% |
| Total Tax 2026 = estimate |
~$859,693
Estimated
|
~$937,904
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $42,008,292 | $18,289,102 | $23,719,190 | — | $42,008,292 | $42,008,292 | Not yet — post-cert | Preliminary |
| 2025 | $45,830,000 | $18,289,102 | $27,540,898 | — | $45,830,000 | $45,830,000 | ~$937,904 | Partial |
| 2024 | $53,920,000 | $18,289,102 | $35,630,898 | — | $53,920,000 | $53,920,000 | $1,068,594 | Verified |
| 2023 | $62,650,000 | $13,063,644 | $49,586,356 | — | $62,650,000 | $62,650,000 | $1,082,858 | Verified |
| 2022 | $59,690,000 | $13,063,644 | $46,626,356 | — | $59,690,000 | $59,690,000 | $1,178,832 | Verified |
| 2021 | $53,400,000 | $13,063,644 | $40,336,356 | — | $53,400,000 | $53,400,000 | $1,098,118 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2025 | -15.0% | -15.0% | ~100% | Not available | Partial |
| 2024 | -13.9% | -13.9% | ~100% | No billing data | Verified |
| 2023 | +5.0% | +5.0% | ~100% | No billing data | Verified |
| 2022 | +11.8% | +11.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -14.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.3% | -4.1% | -4.7% | +11.8% | 2022 | -15.0% | 2025 |
| 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 |
$937,904 | $1,073,261 | ~$711,676 | $1,178,832 | 2022 | $937,904 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$40,039,973 | ~$40,039,973 | ~2.0139% | ~$806,380 | -4.7% |
| 2028 | ~$38,163,881 | ~$38,163,881 | ~1.9814% | ~$756,175 | -9.2% |
| 2029 | ~$36,375,694 | ~$36,375,694 | ~1.9488% | ~$708,904 | -13.4% |
| 2030 | ~$34,671,293 | ~$34,671,293 | ~1.9163% | ~$664,403 | -17.5% |
| 2031 | ~$33,046,753 | ~$33,046,753 | ~1.8837% | ~$622,516 | -21.3% |
| 2027 | ~$39,907,877 | ~$39,907,877 | ~2.0465% | ~$816,709 | -5.0% |
| 2028 | ~$37,912,484 | ~$37,912,484 | ~2.0465% | ~$775,873 | -9.7% |
| 2029 | ~$36,016,859 | ~$36,016,859 | ~2.0465% | ~$737,080 | -14.3% |
| 2030 | ~$34,216,016 | ~$34,216,016 | ~2.0465% | ~$700,226 | -18.5% |
| 2031 | ~$32,505,216 | ~$32,505,216 | ~2.0465% | ~$665,214 | -22.6% |
| 2027 | ~$40,880,139 | ~$40,880,139 | ~1.9977% | ~$816,647 | -2.7% |
| 2028 | ~$39,782,283 | ~$39,782,283 | ~1.9488% | ~$775,293 | -5.3% |
| 2029 | ~$38,713,911 | ~$38,713,911 | ~1.9000% | ~$735,571 | -7.8% |
| 2030 | ~$37,674,230 | ~$37,674,230 | ~1.8512% | ~$697,423 | -10.3% |
| 2031 | ~$36,662,470 | ~$36,662,470 | ~1.8024% | ~$660,794 | -12.7% |
In 2025, this property's market value of $45,830,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 88× 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 | $45,830,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $53,920,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $62,650,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $59,690,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $53,400,000 | $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 | — |