126 W ALPINE RD TX 78704
| Owner | 116 ALPINE LP |
|---|---|
| Parcel ID | 0407030263 |
| Short ID | 309750 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 25,451 SF |
| Land SF | 60,553 SF |
| Acres | 1.390 |
| Year Built | 1979 |
| Legal | LOT 1 S H B ADDN |
| Neighborhood | 06SC1 |
| Land | $4,238,710 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,238,710 |
| Improvement | $211,290 |
|---|---|
| Total Improvement | $211,290 |
| Market | $4,450,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,450,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,450,000 |
| Taxable Value | $4,450,000 |
|---|
Appreciation: Market value has fallen -12.4% from $5,080,000 (2021) to $4,450,000 (2025), a CAGR of -3.3% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $91,069. 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 95% of market value ($4,238,710 land vs $211,290 improvements), about $70/SF of land. With value concentrated in the land under a ~47-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,450,000, 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 +2.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,690,701 by 2031, with an estimated annual tax burden around $126,036. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 43,612 SF | ✗ |
| 551 | PAVED AREA | 19,430 SF | ✗ |
| 1ST | 1st Floor | 12,751 SF | ✓ |
| 2ND | 2nd Floor | 12,700 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 644 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 528 SF | ✗ |
| 581C | STORAGE ATT COMM | 256 SF | ✓ |
| MISC | Miscellaneous | 3 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $20,585.70 | $20,585.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,659.38 | $11,659.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,362.55 | $8,362.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,626.01 | $2,626.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,300.65 | $2,300.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,534.29 | $45,534.29 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $20,585.70 | 45.2% |
| CAT City of Austin | 0.5240% | $11,659.38 | 25.6% |
| TCO Travis County | 0.3758% | $8,362.55 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,626.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,300.65 | 5.1% |
| Total | 2.0465% | $45,534.29 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,829,988 | $4,450,000 | +31.0% |
| Assessed Value | $5,340,000 | $4,450,000 | +20.0% |
| Land Value | $4,238,710 | $4,238,710 | +0.0% |
| Improvement Value | $1,591,278 | $211,290 | +653.1% |
| Taxable Value | $5,340,000 | $4,450,000 | +20.0% |
| Exemptions | — | I | |
| HS Cap Loss | -$489,988 | — | |
| Total Tax 2026 = estimate |
~$109,282
Estimated
|
~$45,534
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,829,988 | $4,238,710 | $1,591,278 | −$489,988 | $5,340,000 | $5,340,000 | Not yet — post-cert | Preliminary |
| 2025 | $4,450,000 | $4,238,710 | $211,290 | — | $4,450,000 | $4,450,000 | ~$45,534 | Partial |
| 2024 | $6,604,000 | $4,238,710 | $2,365,290 | — | $6,604,000 | $3,302,000 | $65,440 | Verified |
| 2023 | $5,715,000 | $4,238,710 | $1,476,290 | — | $5,715,000 | $5,715,000 | $90,810 | Verified |
| 2022 | $5,324,468 | $3,027,650 | $2,296,818 | — | $5,324,468 | $5,324,468 | $97,190 | Verified |
| 2021 | $5,080,000 | $3,027,650 | $2,052,350 | — | $5,080,000 | $5,080,000 | $106,846 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.0% | +20.0% | 91.6% | Not available | Partial |
| 2025 | -32.6% | -32.6% | ~100% | Not available | Partial |
| 2024 | +15.6% | +15.6% | ~100% | No billing data | Verified |
| 2023 | +7.3% | +7.3% | ~100% | No billing data | Verified |
| 2022 | +4.8% | +4.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.0% | +5.2% | +2.8% | +31.0% | 2026 | -32.6% | 2025 |
| Assessment Ratio | 91.6% | 98.6% | — | 100.0% | 2021 | 91.6% | 2026 |
| Effective Tax Rate (2025) | 1.0200% | 1.0200% | — | 1.0200% | 2025 | 1.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$45,534 | $81,164 | ~$122,905 | $106,846 | 2021 | $45,534 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,992,782 | ~$5,874,000 | ~2.0139% | ~$118,299 | +2.8% |
| 2028 | ~$6,160,121 | ~$6,160,121 | ~1.9814% | ~$122,056 | +5.7% |
| 2029 | ~$6,332,133 | ~$6,332,133 | ~1.9488% | ~$123,403 | +8.6% |
| 2030 | ~$6,508,948 | ~$6,508,948 | ~1.9163% | ~$124,730 | +11.6% |
| 2031 | ~$6,690,701 | ~$6,690,701 | ~1.8837% | ~$126,036 | +14.8% |
| 2027 | ~$5,876,182 | ~$5,874,000 | ~2.0465% | ~$120,211 | +0.8% |
| 2028 | ~$5,922,742 | ~$5,922,742 | ~2.0465% | ~$121,208 | +1.6% |
| 2029 | ~$5,969,670 | ~$5,969,670 | ~2.0465% | ~$122,168 | +2.4% |
| 2030 | ~$6,016,971 | ~$6,016,971 | ~2.0465% | ~$123,136 | +3.2% |
| 2031 | ~$6,064,646 | ~$6,064,646 | ~2.0465% | ~$124,112 | +4.0% |
| 2027 | ~$6,109,381 | ~$5,874,000 | ~1.9977% | ~$117,343 | +4.8% |
| 2028 | ~$6,402,164 | ~$6,402,164 | ~1.9488% | ~$124,768 | +9.8% |
| 2029 | ~$6,708,978 | ~$6,708,978 | ~1.9000% | ~$127,472 | +15.1% |
| 2030 | ~$7,030,496 | ~$7,030,496 | ~1.8512% | ~$130,148 | +20.6% |
| 2031 | ~$7,367,422 | ~$7,367,422 | ~1.8024% | ~$132,788 | +26.4% |
In 2025, this property's market value of $4,450,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 9× 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 | $4,450,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $6,604,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $5,715,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $5,324,468 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $5,080,000 | $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 | — |