1900 AIRPORT COMMERCE DR TX 78741
| Owner | AUSTIN-RIVERSIDE OZ SPE LLC ETAL |
|---|---|
| Parcel ID | 0312180606 |
| Short ID | 806072 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 221,646 SF |
| Land SF | 292,200 SF |
| Acres | 6.708 |
| Year Built | 2020 |
| Legal | LOT 1 BLK A 7400 RIVERSIDE |
| Neighborhood | 08SE1 |
| Land | $2,922,005 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,922,005 |
| Improvement | $49,967,995 |
|---|---|
| Total Improvement | $49,967,995 |
| Market | $52,890,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $52,890,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $52,890,000 |
| Taxable Value | $52,890,000 |
|---|
Appreciation: Market value has fallen -7.2% from $57,000,000 (2021) to $52,890,000 (2025), a CAGR of -1.9% 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 $1,094,921. 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 6% of market value ($2,922,005 land vs $49,967,995 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $52,890,000, 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 -2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $43,469,599 by 2031, with an estimated annual tax burden around $765,801. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 221,646 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Del Valle ISD | 0.9969% | 0.9489% | -25,387 |
| City of Austin | 0.4776% | 0.5240% | +24,550 |
| Travis County | 0.3444% | 0.3758% | +16,607 |
| Travis Central Health | 0.1080% | 0.1180% | +5,318 |
| Austin Community College | 0.1013% | 0.1034% | +1,111 |
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% | $501,873.21 | $474,450.23 | $27,422.98 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $277,152.59 | $262,008.63 | $15,143.96 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $198,784.42 | $187,922.59 | $10,861.83 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $62,422.36 | $59,011.52 | $3,410.84 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $54,688.26 | $51,700.03 | $2,988.23 |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $1,094,920.84 | $1,035,093.00 | $59,827.84 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $501,873.21 | 45.8% |
| CAT City of Austin | 0.5240% | $277,152.59 | 25.3% |
| TCO Travis County | 0.3758% | $198,784.42 | 18.2% |
| THD Travis Central Health | 0.1180% | $62,422.36 | 5.7% |
| ACT Austin Community College | 0.1034% | $54,688.26 | 5.0% |
| Total | 2.0702% | $1,094,920.84 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $49,777,175 | $52,890,000 | -5.9% |
| Assessed Value | $49,777,175 | $52,890,000 | -5.9% |
| Land Value | $2,922,005 | $2,922,005 | +0.0% |
| Improvement Value | $46,855,170 | $49,967,995 | -6.2% |
| Taxable Value | $49,777,175 | $52,890,000 | -5.9% |
| Total Tax 2026 = estimate |
~$1,030,480
Estimated
|
$1,094,921 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $49,777,175 | $2,922,005 | $46,855,170 | — | $49,777,175 | $49,777,175 | Not yet — post-cert | Preliminary |
| 2025 | $52,890,000 | $2,922,005 | $49,967,995 | — | $52,890,000 | $52,890,000 | $1,094,921 | Verified |
| 2024 | $65,849,250 | $2,922,005 | $62,927,245 | — | $65,849,250 | $65,849,250 | $1,222,854 | Verified |
| 2023 | $76,048,857 | $2,922,005 | $73,126,852 | — | $76,048,857 | $76,048,857 | $1,327,732 | Verified |
| 2022 | $64,737,479 | $3,105,392 | $61,632,087 | — | $64,737,479 | $64,737,479 | $1,341,960 | Verified |
| 2021 | $57,000,000 | $3,105,392 | $53,894,608 | — | $57,000,000 | $57,000,000 | $1,022,034 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | -19.7% | -19.7% | ~100% | 2.0700% | Verified |
| 2024 | -13.4% | -13.4% | ~100% | No billing data | Verified |
| 2023 | +17.5% | +17.5% | ~100% | No billing data | Verified |
| 2022 | +13.6% | +13.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.9% | -1.6% | -2.7% | +17.5% | 2023 | -19.7% | 2025 |
| 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 | $1,094,921 | $1,201,900 | ~$867,249 | $1,341,960 | 2022 | $1,022,034 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$48,446,379 | ~$48,446,379 | ~2.0085% | ~$973,039 | -2.7% |
| 2028 | ~$47,151,162 | ~$47,151,162 | ~1.9468% | ~$917,933 | -5.3% |
| 2029 | ~$45,890,573 | ~$45,890,573 | ~1.8851% | ~$865,078 | -7.8% |
| 2030 | ~$44,663,686 | ~$44,663,686 | ~1.8234% | ~$814,394 | -10.3% |
| 2031 | ~$43,469,599 | ~$43,469,599 | ~1.7617% | ~$765,801 | -12.7% |
| 2027 | ~$47,450,836 | ~$47,450,836 | ~2.0702% | ~$982,320 | -4.7% |
| 2028 | ~$45,233,218 | ~$45,233,218 | ~2.0702% | ~$936,411 | -9.1% |
| 2029 | ~$43,119,241 | ~$43,119,241 | ~2.0702% | ~$892,648 | -13.4% |
| 2030 | ~$41,104,060 | ~$41,104,060 | ~2.0702% | ~$850,930 | -17.4% |
| 2031 | ~$39,183,059 | ~$39,183,059 | ~2.0702% | ~$811,162 | -21.3% |
| 2027 | ~$49,441,923 | ~$49,441,923 | ~1.9776% | ~$977,782 | -0.7% |
| 2028 | ~$49,108,928 | ~$49,108,928 | ~1.8851% | ~$925,747 | -1.3% |
| 2029 | ~$48,778,176 | ~$48,778,176 | ~1.7925% | ~$874,369 | -2.0% |
| 2030 | ~$48,449,652 | ~$48,449,652 | ~1.7000% | ~$823,641 | -2.7% |
| 2031 | ~$48,123,341 | ~$48,123,341 | ~1.6074% | ~$773,557 | -3.3% |
In 2025, this property's market value of $52,890,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 102× 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 | $52,890,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $65,849,250 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $76,048,857 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $64,737,479 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $57,000,000 | $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 | Verified |
| 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 | — |