7501 RIALTO BLVD TX 78735
| Owner | CATH AUSTIN APARTMENTS LLC & |
|---|---|
| Parcel ID | 0402360202 |
| Short ID | 508860 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 254,495 SF |
| Land SF | 1,002,837 SF |
| Acres | 23.022 |
| Year Built | 2001 |
| Legal | LOT 8-10 BLK L LANTANA PHS 1 SEC 2 |
| Neighborhood | 08SW1 |
| Land | $4,011,348 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,011,348 |
| Improvement | $51,078,652 |
|---|---|
| Total Improvement | $51,078,652 |
| Market | $55,090,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $55,090,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $55,090,000 |
| Taxable Value | $55,090,000 |
|---|
Appreciation: Market value has risen +20.3% from $45,780,000 (2021) to $55,090,000 (2025), a CAGR of 4.7% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,127,409. 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 7% of market value ($4,011,348 land vs $51,078,652 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $55,090,000, 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 +3.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $63,324,642 by 2031, with an estimated annual tax burden around $1,192,873. 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 | 297,000 SF | ✗ |
| 1ST | 1st Floor | 254,493 SF | ✓ |
| SO | Sketch Only | 238,112 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 40,827 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 33,916 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 26,360 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 20,532 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 10,596 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 7,920 SF | ✓ |
| 581C | STORAGE ATT COMM | 5,040 SF | ✓ |
| 601 | POOL COMM'L | 3,000 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 2,440 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 440 SF | ✗ |
| 571C | STORAGE DET COMM | 292 SF | ✓ |
| MISC | Miscellaneous | 14 SF | ✓ |
| BELOW | Below | 2 SF | ✓ |
| 2ND | 2nd Floor | 1 SF | ✓ |
| 3RD | 3rd Floor | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 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% | $509,692.68 | $509,692.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $288,680.97 | $288,680.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $207,053.01 | $207,053.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $65,018.87 | $65,018.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $56,963.06 | $56,963.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,127,408.59 | $1,127,408.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $509,692.68 | 45.2% |
| CAT City of Austin | 0.5240% | $288,680.97 | 25.6% |
| TCO Travis County | 0.3758% | $207,053.01 | 18.4% |
| THD Travis Central Health | 0.1180% | $65,018.87 | 5.8% |
| ACT Austin Community College | 0.1034% | $56,963.06 | 5.1% |
| Total | 2.0465% | $1,127,408.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $53,842,382 | $55,090,000 | -2.3% |
| Assessed Value | $53,842,382 | $55,090,000 | -2.3% |
| Land Value | $4,011,348 | $4,011,348 | +0.0% |
| Improvement Value | $49,831,034 | $51,078,652 | -2.4% |
| Taxable Value | $53,842,382 | $55,090,000 | -2.3% |
| Total Tax 2026 = estimate |
~$1,101,876
Estimated
|
~$1,127,409
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $53,842,382 | $4,011,348 | $49,831,034 | — | $53,842,382 | $53,842,382 | Not yet — post-cert | Preliminary |
| 2025 | $55,090,000 | $4,011,348 | $51,078,652 | — | $55,090,000 | $55,090,000 | ~$1,127,409 | Partial |
| 2024 | $61,140,000 | $4,011,348 | $57,128,652 | — | $61,140,000 | $61,140,000 | $1,174,259 | Verified |
| 2023 | $71,717,450 | $4,011,348 | $67,706,102 | — | $71,717,450 | $71,717,450 | $1,069,502 | Verified |
| 2022 | $59,550,000 | $4,011,348 | $55,538,652 | — | $59,550,000 | $59,550,000 | $1,034,412 | Verified |
| 2021 | $45,780,000 | $4,011,348 | $41,768,652 | — | $45,780,000 | $45,780,000 | $959,604 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2025 | -9.9% | -9.9% | ~100% | Not available | Partial |
| 2024 | -14.7% | -14.7% | ~100% | No billing data | Verified |
| 2023 | +20.4% | +20.4% | ~100% | No billing data | Verified |
| 2022 | +30.1% | +30.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | +4.7% | +3.3% | +30.1% | 2022 | -14.7% | 2024 |
| 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 |
$1,127,409 | $1,073,037 | ~$1,156,527 | $1,174,259 | 2024 | $959,604 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$55,617,820 | ~$55,617,820 | ~2.0139% | ~$1,120,108 | +3.3% |
| 2028 | ~$57,451,802 | ~$57,451,802 | ~1.9814% | ~$1,138,343 | +6.7% |
| 2029 | ~$59,346,259 | ~$59,346,259 | ~1.9488% | ~$1,156,563 | +10.2% |
| 2030 | ~$61,303,186 | ~$61,303,186 | ~1.9163% | ~$1,174,747 | +13.9% |
| 2031 | ~$63,324,642 | ~$63,324,642 | ~1.8837% | ~$1,192,873 | +17.6% |
| 2027 | ~$54,540,972 | ~$54,540,972 | ~2.0465% | ~$1,116,173 | +1.3% |
| 2028 | ~$55,248,626 | ~$55,248,626 | ~2.0465% | ~$1,130,655 | +2.6% |
| 2029 | ~$55,965,462 | ~$55,965,462 | ~2.0465% | ~$1,145,325 | +3.9% |
| 2030 | ~$56,691,598 | ~$56,691,598 | ~2.0465% | ~$1,160,185 | +5.3% |
| 2031 | ~$57,427,156 | ~$57,427,156 | ~2.0465% | ~$1,175,238 | +6.7% |
| 2027 | ~$56,694,667 | ~$56,694,667 | ~1.9977% | ~$1,132,568 | +5.3% |
| 2028 | ~$59,698,052 | ~$59,698,052 | ~1.9488% | ~$1,163,419 | +10.9% |
| 2029 | ~$62,860,540 | ~$62,860,540 | ~1.9000% | ~$1,194,361 | +16.7% |
| 2030 | ~$66,190,560 | ~$66,190,560 | ~1.8512% | ~$1,225,316 | +22.9% |
| 2031 | ~$69,696,986 | ~$69,696,986 | ~1.8024% | ~$1,256,198 | +29.4% |
In 2025, this property's market value of $55,090,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 106× 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 | $55,090,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $61,140,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $71,717,450 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $59,550,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $45,780,000 | $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 | — |