1600 WICKERSHAM LN TX 78741
| Owner | BP RIVERSIDE WEST LLC |
|---|---|
| Parcel ID | 0307110502 |
| Short ID | 287990 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 264,744 SF |
| Land SF | 833,216 SF |
| Acres | 19.128 |
| Year Built | 1998 |
| Legal | LOT 5-9 BLK A PARKE GREEN SUBD |
| Neighborhood | 08SH |
| Land | $33,745,235 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $33,745,235 |
| Improvement | $13,254,765 |
|---|---|
| Total Improvement | $13,254,765 |
| Market | $47,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,000,000 |
| Taxable Value | $47,000,000 |
|---|
Appreciation: Market value has risen +16.5% from $40,356,819 (2021) to $47,000,000 (2025), a CAGR of 3.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $972,987. Del Valle ISD is the largest single contributor, at 45.8% 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 72% of market value ($33,745,235 land vs $13,254,765 improvements), about $40/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $47,000,000, 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 +2.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $53,901,414 by 2031, with an estimated annual tax burden around $949,577. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 264,744 SF | ✗ |
| SO | Sketch Only | 177,841 SF | ✗ |
| 551 | PAVED AREA | 103,000 SF | ✗ |
| 1ST | 1st Floor | 90,051 SF | ✓ |
| 3RD | 3rd Floor | 88,189 SF | ✓ |
| 2ND | 2nd Floor | 86,504 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 21,547 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 21,008 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 21,008 SF | ✗ |
| 611 | TERRACE | 13,115 SF | ✗ |
| 412 | TENNIS COURT | 11,880 SF | ✗ |
| 450 | SPORT COURT | 5,600 SF | ✗ |
| 581C | STORAGE ATT COMM | 3,357 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 1,944 SF | ✗ |
| 601 | POOL COMM'L | 1,200 SF | ✗ |
| 571C | STORAGE DET COMM | 640 SF | ✓ |
| 482 | LIGHT POLES | 48 SF | ✓ |
| MISC | Miscellaneous | 5 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 447C | SPA CON COMM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $412,771.50 | $412,771.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $227,947.40 | $227,947.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $163,492.58 | $163,492.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,340.01 | $51,340.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $44,979.00 | $44,979.00 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $900,530.49 | $900,530.49 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $412,771.50 | 45.8% |
| CAT City of Austin | 0.5240% | $227,947.40 | 25.3% |
| TCO Travis County | 0.3758% | $163,492.58 | 18.2% |
| THD Travis Central Health | 0.1180% | $51,340.01 | 5.7% |
| ACT Austin Community College | 0.1034% | $44,979.00 | 5.0% |
| Total | 2.0702% | $900,530.49 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,640,000 | $47,000,000 | -0.8% |
| Assessed Value | $46,640,000 | $47,000,000 | -0.8% |
| Land Value | $33,745,235 | $33,745,235 | +0.0% |
| Improvement Value | $12,894,765 | $13,254,765 | -2.7% |
| Taxable Value | $46,640,000 | $47,000,000 | -0.8% |
| Total Tax 2026 = estimate |
~$965,534
Estimated
|
~$900,530
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $46,640,000 | $33,745,235 | $12,894,765 | — | $46,640,000 | $46,640,000 | Not yet — post-cert | Preliminary |
| 2025 | $47,000,000 | $33,745,235 | $13,254,765 | — | $47,000,000 | $47,000,000 | ~$900,530 | Partial |
| 2024 | $38,710,727 | $33,745,235 | $4,965,492 | — | $38,710,727 | $38,710,727 | $732,903 | Verified |
| 2023 | $34,681,116 | $33,745,235 | $935,881 | — | $34,681,116 | $34,681,116 | $664,538 | Verified |
| 2022 | $39,640,000 | $33,745,235 | $5,894,765 | — | $39,640,000 | $39,640,000 | $857,383 | Verified |
| 2021 | $40,356,819 | $33,745,236 | $6,611,583 | — | $40,356,819 | $40,356,819 | $893,983 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2025 | +21.4% | +21.4% | ~100% | Not available | Partial |
| 2024 | +11.6% | +11.6% | ~100% | No billing data | Verified |
| 2023 | -12.5% | -12.5% | ~100% | No billing data | Verified |
| 2022 | -1.8% | -1.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.8% | +3.6% | +2.9% | +21.4% | 2025 | -12.5% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$900,530 | $809,867 | ~$957,935 | $900,530 | 2025 | $664,538 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$48,009,465 | ~$48,009,465 | ~2.0085% | ~$964,264 | +2.9% |
| 2028 | ~$49,419,140 | ~$49,419,140 | ~1.9468% | ~$962,086 | +6.0% |
| 2029 | ~$50,870,208 | ~$50,870,208 | ~1.8851% | ~$958,949 | +9.1% |
| 2030 | ~$52,363,882 | ~$52,363,882 | ~1.8234% | ~$954,798 | +12.3% |
| 2031 | ~$53,901,414 | ~$53,901,414 | ~1.7617% | ~$949,577 | +15.6% |
| 2027 | ~$47,076,665 | ~$47,076,665 | ~2.0702% | ~$974,574 | +0.9% |
| 2028 | ~$47,517,418 | ~$47,517,418 | ~2.0702% | ~$983,698 | +1.9% |
| 2029 | ~$47,962,297 | ~$47,962,297 | ~2.0702% | ~$992,908 | +2.8% |
| 2030 | ~$48,411,342 | ~$48,411,342 | ~2.0702% | ~$1,002,204 | +3.8% |
| 2031 | ~$48,864,591 | ~$48,864,591 | ~2.0702% | ~$1,011,587 | +4.8% |
| 2027 | ~$48,942,265 | ~$48,942,265 | ~1.9776% | ~$967,900 | +4.9% |
| 2028 | ~$51,358,175 | ~$51,358,175 | ~1.8851% | ~$968,148 | +10.1% |
| 2029 | ~$53,893,341 | ~$53,893,341 | ~1.7925% | ~$966,061 | +15.6% |
| 2030 | ~$56,553,648 | ~$56,553,648 | ~1.7000% | ~$961,409 | +21.3% |
| 2031 | ~$59,345,275 | ~$59,345,275 | ~1.6074% | ~$953,943 | +27.2% |
In 2025, this property's market value of $47,000,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 91× 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 | $47,000,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $38,710,727 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $34,681,116 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $39,640,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $40,356,819 | $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 | — |