1303 SUMMER OAK DR TX 78704
| Owner | TRAMOR AT OAK RUN LTD |
|---|---|
| Parcel ID | 0406090603 |
| Short ID | 308084 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 277,082 SF |
| Land SF | 1,049,324 SF |
| Acres | 24.089 |
| Year Built | 1984 |
| Legal | LOT 1, 3-5, 6-9, 11 OAK RUN 1-A, LOT A-B BLK L SOUTHRIDGE SEC 3 & 5 RESUB OF LOT 2A & LOT 2 PLUS E TRI OF LOT 3 BLK N SOUTHRIDGE SEC 2 |
| Neighborhood | 08SC1 |
| Land | $15,739,857 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,739,857 |
| Improvement | $42,388,067 |
|---|---|
| Total Improvement | $42,388,067 |
| Market | $58,127,924 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,127,924 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,127,924 |
| Taxable Value | $58,127,924 |
|---|
Appreciation: Market value has risen +14.9% from $50,574,827 (2021) to $58,127,924 (2025), a CAGR of 3.5% over 4 years. Growth has been relatively flat for this asset class. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,189,579. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($430,568, ~0.7% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
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 27% of market value ($15,739,857 land vs $42,388,067 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $58,127,924, 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 -0.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $48,722,452 by 2031, with an estimated annual tax burden around $917,806. 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.
38 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 518,853 SF | ✗ |
| 551 | PAVED AREA | 170,182 SF | ✗ |
| 1ST | 1st Floor | 146,383 SF | ✓ |
| 2ND | 2nd Floor | 116,736 SF | ✓ |
| 591 | MASONRY TRIM SF | 38,076 SF | ✗ |
| 3RD | 3rd Floor | 11,163 SF | ✓ |
| 412 | TENNIS COURT | 10,573 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 8,425 SF | ✗ |
| 511 | DECK | 8,054 SF | ✗ |
| 611 | TERRACE | 6,070 SF | ✗ |
| 581C | STORAGE ATT COMM | 4,857 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 4,544 SF | ✗ |
| 053 | CARPORT DET BASE | 2,651 SF | ✗ |
| 601 | POOL COMM'L | 2,587 SF | ✗ |
| 4TH | 4th Floor | 2,421 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,756 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 1,620 SF | ✗ |
| 1/2 | Half Floor | 1,464 SF | ✓ |
| FBSMT | Finished Basement | 1,336 SF | ✓ |
| 063 | CARPORT ATT BASE | 1,182 SF | ✗ |
| 541 | FENCE COMM LF | 1,105 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 929 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 360 SF | ✓ |
| MISC | Miscellaneous | 52 SF | ✓ |
| 016 | PORCH OPEN BASMT | 16 SF | ✗ |
| 521 | FIREPLACE | 11 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 10 SF | ✓ |
| 251 | BATHROOM | 10 SF | ✓ |
| 242 | OBS OVEN/BURN | 9 SF | ✓ |
| 413 | STAIRWAY EXT | 9 SF | ✓ |
| 142 | BATHTUB AVG | 7 SF | ✓ |
| 152 | COMMODE AVG | 7 SF | ✓ |
| 162 | LAVATORY AVG | 7 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 305 | BALCONY FV | 2 SF | ✓ |
| 531 | OBS FENCE | 2 SF | ✗ |
| 269 | OBS RANGE DRP-IN | 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% | $537,799.55 | $537,799.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $304,600.20 | $304,600.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $218,470.90 | $218,470.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $68,604.32 | $68,604.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $60,104.27 | $60,104.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,189,579.24 | $1,189,579.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $537,799.55 | 45.2% |
| CAT City of Austin | 0.5240% | $304,600.20 | 25.6% |
| TCO Travis County | 0.3758% | $218,470.90 | 18.4% |
| THD Travis Central Health | 0.1180% | $68,604.32 | 5.8% |
| ACT Austin Community College | 0.1034% | $60,104.27 | 5.1% |
| Total | 2.0465% | $1,189,579.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $49,640,000 | $58,127,924 | -14.6% |
| Assessed Value | $49,640,000 | $58,127,924 | -14.6% |
| Land Value | $15,739,857 | $15,739,857 | +0.0% |
| Improvement Value | $33,900,143 | $42,388,067 | -20.0% |
| Taxable Value | $49,640,000 | $58,127,924 | -14.6% |
| HS Cap Loss | — | -$430,568 (2024) | |
| Total Tax 2026 = estimate |
~$1,015,875
Estimated
|
~$1,189,579
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $49,640,000 | $15,739,857 | $33,900,143 | — | $49,640,000 | $49,640,000 | Not yet — post-cert | Preliminary |
| 2025 | $58,127,924 | $15,739,857 | $42,388,067 | — | $58,127,924 | $58,127,924 | ~$1,189,579 | Partial |
| 2024 | $59,231,634 | $15,739,857 | $43,491,777 | — | $59,231,634 | $59,231,634 | $1,173,861 | Verified |
| 2023 | $63,063,742 | $15,739,857 | $47,323,885 | — | $63,063,742 | $63,063,742 | $1,113,013 | Verified |
| 2022 | $55,794,902 | $15,739,857 | $40,055,045 | — | $55,794,902 | $55,794,902 | $1,029,627 | Verified |
| 2021 | $50,574,827 | $15,739,857 | $34,834,970 | — | $50,574,827 | $50,574,827 | $1,020,624 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.6% | -14.6% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | -6.1% | -6.1% | ~100% | No billing data | Verified |
| 2023 | +13.0% | +13.0% | ~100% | No billing data | Verified |
| 2022 | +10.3% | +10.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.6% | +0.1% | -0.4% | +13.0% | 2023 | -14.6% | 2026 |
| 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 |
$1,189,579 | $1,105,341 | ~$956,768 | $1,189,579 | 2025 | $1,020,624 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$49,455,118 | ~$49,455,118 | ~2.0139% | ~$995,995 | -0.4% |
| 2028 | ~$49,270,925 | ~$49,270,925 | ~1.9814% | ~$976,248 | -0.7% |
| 2029 | ~$49,087,418 | ~$49,087,418 | ~1.9488% | ~$956,635 | -1.1% |
| 2030 | ~$48,904,595 | ~$48,904,595 | ~1.9163% | ~$937,154 | -1.5% |
| 2031 | ~$48,722,452 | ~$48,722,452 | ~1.8837% | ~$917,806 | -1.8% |
| 2027 | ~$48,462,318 | ~$48,462,318 | ~2.0465% | ~$991,774 | -2.4% |
| 2028 | ~$47,312,577 | ~$47,312,577 | ~2.0465% | ~$968,245 | -4.7% |
| 2029 | ~$46,190,112 | ~$46,190,112 | ~2.0465% | ~$945,274 | -6.9% |
| 2030 | ~$45,094,277 | ~$45,094,277 | ~2.0465% | ~$922,848 | -9.2% |
| 2031 | ~$44,024,440 | ~$44,024,440 | ~2.0465% | ~$900,954 | -11.3% |
| 2027 | ~$50,447,918 | ~$50,447,918 | ~1.9977% | ~$1,007,779 | +1.6% |
| 2028 | ~$51,268,986 | ~$51,268,986 | ~1.9488% | ~$999,150 | +3.3% |
| 2029 | ~$52,103,417 | ~$52,103,417 | ~1.9000% | ~$989,974 | +5.0% |
| 2030 | ~$52,951,429 | ~$52,951,429 | ~1.8512% | ~$980,234 | +6.7% |
| 2031 | ~$53,813,243 | ~$53,813,243 | ~1.8024% | ~$969,914 | +8.4% |
In 2025, this property's market value of $58,127,924 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 112× 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 | $58,127,924 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $59,231,634 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $63,063,742 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $55,794,902 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $50,574,827 | $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 | — |