6701 RIALTO BLVD TX 78735
| Owner | IMP OAK HILL HP |
|---|---|
| Parcel ID | 0407370134 |
| Short ID | 865131 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 359,339 SF |
| Land SF | 1,027,755 SF |
| Acres | 23.594 |
| Year Built | 2018 |
| Legal | LOT 9B BLK A RIALTO PARK AT LANTANA RESUB LT 9 BLK A |
| Neighborhood | 08SW1 |
| Land | $4,111,019 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,111,019 |
| Improvement | $101,008,981 |
|---|---|
| Total Improvement | $101,008,981 |
| Market | $105,120,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $105,120,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $105,120,000 |
| Taxable Value | $105,120,000 |
|---|
Appreciation: Market value has risen +28.1% from $82,065,980 (2021) to $105,120,000 (2025), a CAGR of 6.4% 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 $2,151,265. 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 4% of market value ($4,111,019 land vs $101,008,981 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $105,120,000, 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 +4.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $125,924,769 by 2031, with an estimated annual tax burden around $2,372,098. 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 | 359,339 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% | $972,570.24 | $972,570.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $550,846.67 | $550,846.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $395,088.26 | $395,088.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $124,065.78 | $124,065.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $108,694.08 | $108,694.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,151,265.03 | $2,151,265.03 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $972,570.24 | 45.2% |
| CAT City of Austin | 0.5240% | $550,846.67 | 25.6% |
| TCO Travis County | 0.3758% | $395,088.26 | 18.4% |
| THD Travis Central Health | 0.1180% | $124,065.78 | 5.8% |
| ACT Austin Community College | 0.1034% | $108,694.08 | 5.1% |
| Total | 2.0465% | $2,151,265.03 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $101,656,970 | $105,120,000 | -3.3% |
| Assessed Value | $101,656,970 | $105,120,000 | -3.3% |
| Land Value | $4,111,019 | $4,111,019 | +0.0% |
| Improvement Value | $97,545,951 | $101,008,981 | -3.4% |
| Taxable Value | $101,656,970 | $105,120,000 | -3.3% |
| Total Tax 2026 = estimate |
~$2,080,395
Estimated
|
~$2,151,265
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $101,656,970 | $4,111,019 | $97,545,951 | — | $101,656,970 | $101,656,970 | Not yet — post-cert | Preliminary |
| 2025 | $105,120,000 | $4,111,019 | $101,008,981 | — | $105,120,000 | $105,120,000 | ~$2,151,265 | Partial |
| 2024 | $113,520,000 | $4,111,019 | $109,408,981 | — | $113,520,000 | $113,520,000 | $1,975,361 | Verified |
| 2023 | $129,670,000 | $4,111,019 | $125,558,981 | — | $129,670,000 | $129,670,000 | $1,966,800 | Verified |
| 2022 | $115,490,000 | $4,695,768 | $110,794,232 | — | $115,490,000 | $115,490,000 | $1,896,400 | Verified |
| 2021 | $82,065,980 | $4,695,768 | $77,370,212 | — | $82,065,980 | $82,065,980 | $1,743,508 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2025 | -7.4% | -7.4% | ~100% | Not available | Partial |
| 2024 | -12.5% | -12.5% | ~100% | No billing data | Verified |
| 2023 | +12.3% | +12.3% | ~100% | No billing data | Verified |
| 2022 | +40.7% | +40.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.3% | +6.0% | +4.4% | +40.7% | 2022 | -12.5% | 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 |
$2,151,265 | $1,946,667 | ~$2,253,577 | $2,151,265 | 2025 | $1,743,508 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$106,104,050 | ~$106,104,050 | ~2.0139% | ~$2,136,868 | +4.4% |
| 2028 | ~$110,745,672 | ~$110,745,672 | ~1.9814% | ~$2,194,301 | +8.9% |
| 2029 | ~$115,590,345 | ~$115,590,345 | ~1.9488% | ~$2,252,670 | +13.7% |
| 2030 | ~$120,646,954 | ~$120,646,954 | ~1.9163% | ~$2,311,947 | +18.7% |
| 2031 | ~$125,924,769 | ~$125,924,769 | ~1.8837% | ~$2,372,098 | +23.9% |
| 2027 | ~$104,070,911 | ~$104,070,911 | ~2.0465% | ~$2,129,796 | +2.4% |
| 2028 | ~$106,542,172 | ~$106,542,172 | ~2.0465% | ~$2,180,370 | +4.8% |
| 2029 | ~$109,072,117 | ~$109,072,117 | ~2.0465% | ~$2,232,145 | +7.3% |
| 2030 | ~$111,662,137 | ~$111,662,137 | ~2.0465% | ~$2,285,149 | +9.8% |
| 2031 | ~$114,313,660 | ~$114,313,660 | ~2.0465% | ~$2,339,412 | +12.5% |
| 2027 | ~$108,137,189 | ~$108,137,189 | ~1.9977% | ~$2,160,216 | +6.4% |
| 2028 | ~$115,030,496 | ~$115,030,496 | ~1.9488% | ~$2,241,760 | +13.2% |
| 2029 | ~$122,363,224 | ~$122,363,224 | ~1.9000% | ~$2,324,922 | +20.4% |
| 2030 | ~$130,163,383 | ~$130,163,383 | ~1.8512% | ~$2,409,577 | +28.0% |
| 2031 | ~$138,460,770 | ~$138,460,770 | ~1.8024% | ~$2,495,577 | +36.2% |
In 2025, this property's market value of $105,120,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 203× 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 | $105,120,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $113,520,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $129,670,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $115,490,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $82,065,980 | $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 | — |