500 BASTROP HWY TX 78742
| Owner | CACTUS ROSE OWNER LLC |
|---|---|
| Parcel ID | 0306200304 |
| Short ID | 287058 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 278,730 SF |
| Land SF | 861,747 SF |
| Acres | 19.783 |
| Year Built | 2020 |
| Legal | LOT 1 LENOX OAKS PHS 2 & LOT 1 LENOX OAKS, PHASE 1 LOT 1 |
| Neighborhood | 08SE |
| Land | $6,463,106 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,463,106 |
| Improvement | $64,908,516 |
|---|---|
| Total Improvement | $64,908,516 |
| Market | $71,371,622 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $71,371,622 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $71,371,622 |
| Taxable Value | $71,371,622 |
|---|
Appreciation: Market value has risen +28.7% from $55,474,369 (2021) to $71,371,622 (2025), a CAGR of 6.5% 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 6 taxing entities is 2.9954% in 2025 (+0.0167% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,137,855. Del Valle ISD is the largest single contributor, at 45.7% 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 9% of market value ($6,463,106 land vs $64,908,516 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $71,371,622, 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 +2.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $70,235,254 by 2031, with an estimated annual tax burden around $1,767,307. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 278,730 SF | ✓ |
| 551 | PAVED AREA | 70,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $675,405.47 | $675,405.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $373,999.43 | $373,999.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $268,246.67 | $268,246.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $84,234.93 | $84,234.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $73,798.26 | $73,798.26 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,793.90 | $1,793.90 | Paid |
| Combined Rate | 3.3787% | 3.1595% | 2.8120% | 2.9787% | 2.9954% | +0.0167% | $1,477,478.66 | $1,477,478.66 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $675,405.47 | 45.7% |
| CAT City of Austin | 0.5240% | $373,999.43 | 25.3% |
| TCO Travis County | 0.3758% | $268,246.67 | 18.2% |
| THD Travis Central Health | 0.1180% | $84,234.93 | 5.7% |
| ACT Austin Community College | 0.1034% | $73,798.26 | 5.0% |
| IAU Austin ISD | 0.9252% | $1,793.90 | 0.1% |
| Total | 2.9954% | $1,477,478.66 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $62,420,000 | $71,371,622 | -12.5% |
| Assessed Value | $62,420,000 | $71,371,622 | -12.5% |
| Land Value | $6,463,106 | $6,463,106 | +0.0% |
| Improvement Value | $55,956,894 | $64,908,516 | -13.8% |
| Taxable Value | $62,420,000 | $71,371,622 | -12.5% |
| Total Tax 2026 = estimate |
~$1,869,719
Estimated
|
~$1,477,479
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $62,420,000 | $6,463,106 | $55,956,894 | — | $62,420,000 | $62,420,000 | Not yet — post-cert | Preliminary |
| 2025 | $71,371,622 | $6,463,106 | $64,908,516 | — | $71,371,622 | $71,371,622 | ~$1,477,479 | Partial |
| 2024 | $68,600,000 | $6,463,106 | $62,136,894 | — | $68,600,000 | $68,600,000 | $1,391,265 | Verified |
| 2023 | $70,561,378 | $4,308,737 | $66,252,641 | — | $70,561,378 | $70,561,378 | $1,377,559 | Verified |
| 2022 | $70,660,000 | $4,308,737 | $66,351,263 | — | $70,660,000 | $70,660,000 | $1,528,078 | Verified |
| 2021 | $55,474,369 | $5,016,370 | $50,457,999 | — | $55,474,369 | $55,474,369 | $1,285,118 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.5% | -12.5% | ~100% | Not available | Partial |
| 2025 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2024 | -2.8% | -2.8% | ~100% | No billing data | Verified |
| 2023 | -0.1% | -0.1% | ~100% | No billing data | Verified |
| 2022 | +27.4% | +27.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.5% | +3.2% | +2.4% | +27.4% | 2022 | -12.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,477,479 | $1,411,900 | ~$1,812,232 | $1,528,078 | 2022 | $1,285,118 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$63,910,180 | ~$63,910,180 | ~2.8996% | ~$1,853,115 | +2.4% |
| 2028 | ~$65,435,936 | ~$65,435,936 | ~2.8037% | ~$1,834,652 | +4.8% |
| 2029 | ~$66,998,118 | ~$66,998,118 | ~2.7079% | ~$1,814,252 | +7.3% |
| 2030 | ~$68,597,593 | ~$68,597,593 | ~2.6121% | ~$1,791,832 | +9.9% |
| 2031 | ~$70,235,254 | ~$70,235,254 | ~2.5163% | ~$1,767,307 | +12.5% |
| 2027 | ~$62,661,780 | ~$62,661,780 | ~2.9954% | ~$1,876,962 | +0.4% |
| 2028 | ~$62,904,497 | ~$62,904,497 | ~2.9954% | ~$1,884,232 | +0.8% |
| 2029 | ~$63,148,154 | ~$63,148,154 | ~2.9954% | ~$1,891,530 | +1.2% |
| 2030 | ~$63,392,755 | ~$63,392,755 | ~2.9954% | ~$1,898,857 | +1.6% |
| 2031 | ~$63,638,303 | ~$63,638,303 | ~2.9954% | ~$1,906,212 | +2.0% |
| 2027 | ~$65,158,580 | ~$65,158,580 | ~2.8516% | ~$1,858,094 | +4.4% |
| 2028 | ~$68,017,312 | ~$68,017,312 | ~2.7079% | ~$1,841,851 | +9.0% |
| 2029 | ~$71,001,465 | ~$71,001,465 | ~2.5642% | ~$1,820,605 | +13.7% |
| 2030 | ~$74,116,544 | ~$74,116,544 | ~2.4204% | ~$1,793,949 | +18.7% |
| 2031 | ~$77,368,292 | ~$77,368,292 | ~2.2767% | ~$1,761,451 | +23.9% |
In 2025, this property's market value of $71,371,622 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 137× 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 | $71,371,622 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $68,600,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $70,561,378 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $70,660,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $55,474,369 | $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 | — |