MCKINNEY FALLS PKWY TX 78744
| Owner | TRAVIS COUNTY FACILITIES CORP |
|---|---|
| Parcel ID | 0324100103 |
| Short ID | 788735 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 335,913 SF |
| Land SF | 602,522 SF |
| Acres | 13.832 |
| Year Built | 2024 |
| Legal | ABS 24 DELVALLE S ACR 13.5883 (1-D-1W) |
| Neighborhood | 1SE2 |
| Land | $1,928,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,928,070 |
| Improvement | $94,194,076 |
|---|---|
| Total Improvement | $94,194,076 |
| Market | $96,122,146 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $96,122,146 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $96,122,146 |
| Taxable Value | $96,122,146 |
|---|
| Total Due | $797.61 |
|---|---|
| First Delinquent | 2023 |
Appreciation: Market value has risen +16139.4% from $591,906 (2021) to $96,122,146 (2025), a CAGR of 257.0% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader multi-family market over the same period.
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 2% of market value ($1,928,070 land vs $94,194,076 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $96,122,146, 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 +255.5% Base-scenario CAGR (Based on 2022–2026 preliminary trend, projected forward from 2026), the model projects market value near $53,634,233,690 by 2031, with an estimated annual tax burden around $0. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $797.61 in unpaid taxes since 2023. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 335,913 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $94,503,524 | $96,122,146 | -1.7% |
| Assessed Value | $94,503,524 | $96,122,146 | -1.7% |
| Land Value | $1,928,070 | $1,928,070 | +0.0% |
| Improvement Value | $92,575,454 | $94,194,076 | -1.7% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $94,503,524 | $1,928,070 | $92,575,454 | — | $94,503,524 | $— | Not yet — post-cert | Preliminary |
| 2025 | $96,122,146 | $1,928,070 | $94,194,076 | — | $96,122,146 | $— | not in county billing file Why? | Partial |
| 2024 | $602,522 | $602,522 | — | — | $602,522 | $— | not in county billing file Why? | Partial |
| 2023 | $602,522 | $602,522 | — | — | $602,522 | $28,063 | $548 | Verified |
| 2022 | $591,906 | $591,906 | — | — | $591,906 | $591,906 | $12,802 | Verified |
| 2021 | $591,906 | — | — | −$590,716 | $1,190 | $1,190 | $24 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2025 | +15853.3% ! | +15853.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +1.8% | +1.8% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +49640.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | 0.2% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16139.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.7% | +3170.7% | +255.5% | +15853.3% | 2025 | -1.7% | 2026 |
| Assessment Ratio | 100.0% | 83.4% | — | 100.0% | 2022 | 0.2% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $548 | $4,458 | — | $12,802 | 2022 | $24 | 2021 |
Market value changed by 15853% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$335,928,475 | ~$335,928,475 | ~0.0000% | ~$0 | +255.5% |
| 2028 | ~$1,194,113,571 | ~$1,194,113,571 | ~0.0000% | ~$0 | +1163.6% |
| 2029 | ~$4,244,675,058 | ~$4,244,675,058 | ~0.0000% | ~$0 | +4391.6% |
| 2030 | ~$15,088,402,632 | ~$15,088,402,632 | ~0.0000% | ~$0 | +15866.0% |
| 2031 | ~$53,634,233,690 | ~$53,634,233,690 | ~0.0000% | ~$0 | +56653.7% |
| 2027 | ~$334,038,405 | ~$334,038,405 | ~0.0000% | ~$0 | +253.5% |
| 2028 | ~$1,180,714,233 | ~$1,180,714,233 | ~0.0000% | ~$0 | +1149.4% |
| 2029 | ~$4,173,430,602 | ~$4,173,430,602 | ~0.0000% | ~$0 | +4316.2% |
| 2030 | ~$14,751,683,766 | ~$14,751,683,766 | ~0.0000% | ~$0 | +15509.7% |
| 2031 | ~$52,142,276,867 | ~$52,142,276,867 | ~0.0000% | ~$0 | +55075.0% |
| 2027 | ~$337,818,546 | ~$337,818,546 | ~0.0000% | ~$0 | +257.5% |
| 2028 | ~$1,207,588,511 | ~$1,207,588,511 | ~0.0000% | ~$0 | +1177.8% |
| 2029 | ~$4,316,725,742 | ~$4,316,725,742 | ~0.0000% | ~$0 | +4467.8% |
| 2030 | ~$15,430,853,274 | ~$15,430,853,274 | ~0.0000% | ~$0 | +16228.3% |
| 2031 | ~$55,160,148,452 | ~$55,160,148,452 | ~0.0000% | ~$0 | +58268.4% |
In 2025, this property's market value of $96,122,146 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 185× 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 | $96,122,146 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $602,522 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $602,522 | $503,694 | $616,727 | $918,308 | ↓ Below median | +0.9% |
| 2022 | $591,906 | $506,269 | $614,560 | $904,074 | ↓ Below median | +39.0% |
| 2021 | $591,906 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |