2309 BERKELEY AVE TX 78745
| Owner | TPI PROPERTIES LTD |
|---|---|
| Parcel ID | 0415170502 |
| Short ID | 323566 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 192,532 SF |
| Land SF | 454,331 SF |
| Acres | 10.430 |
| Year Built | 1983 |
| Legal | LOT 1 CHERRY CREEK MANOR CONDOMINIUMS |
| Neighborhood | 08SC2 |
| Land | $6,814,965 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,814,965 |
| Improvement | $32,977,512 |
|---|---|
| Total Improvement | $32,977,512 |
| Market | $39,792,477 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $39,792,477 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $39,792,477 |
| Taxable Value | $39,792,477 |
|---|
Appreciation: Market value has risen +25.1% from $31,812,122 (2021) to $39,792,477 (2025), a CAGR of 5.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $814,347. 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 17% of market value ($6,814,965 land vs $32,977,512 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $39,792,477, 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 +1.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $38,177,978 by 2031, with an estimated annual tax burden around $719,175. 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.
24 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 225,000 SF | ✗ |
| SO | Sketch Only | 211,528 SF | ✗ |
| 1ST | 1st Floor | 100,235 SF | ✓ |
| 2ND | 2nd Floor | 92,297 SF | ✓ |
| 611 | TERRACE | 17,527 SF | ✗ |
| 591 | MASONRY TRIM SF | 13,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 12,309 SF | ✗ |
| 511 | DECK | 6,184 SF | ✗ |
| 581C | STORAGE ATT COMM | 3,570 SF | ✓ |
| 601 | POOL COMM'L | 1,434 SF | ✗ |
| 571C | STORAGE DET COMM | 150 SF | ✓ |
| 482 | LIGHT POLES | 41 SF | ✓ |
| MISC | Miscellaneous | 14 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 229 | FOUNTAIN WTR FV | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
| 539 | FENCE FV | 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% | $368,160.00 | $368,160.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $208,519.34 | $208,519.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $149,558.04 | $149,558.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $46,964.28 | $46,964.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $41,145.42 | $41,145.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $814,347.08 | $814,347.08 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $368,160.00 | 45.2% |
| CAT City of Austin | 0.5240% | $208,519.34 | 25.6% |
| TCO Travis County | 0.3758% | $149,558.04 | 18.4% |
| THD Travis Central Health | 0.1180% | $46,964.28 | 5.8% |
| ACT Austin Community College | 0.1034% | $41,145.42 | 5.1% |
| Total | 2.0465% | $814,347.08 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $34,850,000 | $39,792,477 | -12.4% |
| Assessed Value | $34,850,000 | $39,792,477 | -12.4% |
| Land Value | $6,814,965 | $6,814,965 | +0.0% |
| Improvement Value | $28,035,035 | $32,977,512 | -15.0% |
| Taxable Value | $34,850,000 | $39,792,477 | -12.4% |
| Total Tax 2026 = estimate |
~$713,200
Estimated
|
~$814,347
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $34,850,000 | $6,814,965 | $28,035,035 | — | $34,850,000 | $34,850,000 | Not yet — post-cert | Preliminary |
| 2025 | $39,792,477 | $6,814,965 | $32,977,512 | — | $39,792,477 | $39,792,477 | ~$814,347 | Partial |
| 2024 | $41,083,690 | $6,814,965 | $34,268,725 | — | $41,083,690 | $41,083,690 | $814,202 | Verified |
| 2023 | $43,827,636 | $6,814,965 | $37,012,671 | — | $43,827,636 | $43,827,636 | $773,453 | Verified |
| 2022 | $37,747,834 | $6,814,965 | $30,932,869 | — | $37,747,834 | $37,747,834 | $696,591 | Verified |
| 2021 | $31,812,122 | $6,814,965 | $24,997,157 | — | $31,812,122 | $31,812,122 | $641,984 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.4% | -12.4% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | -6.3% | -6.3% | ~100% | No billing data | Verified |
| 2023 | +16.1% | +16.1% | ~100% | No billing data | Verified |
| 2022 | +18.7% | +18.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.4% | +2.6% | +1.8% | +18.7% | 2022 | -12.4% | 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 |
$814,347 | $748,115 | ~$717,174 | $814,347 | 2025 | $641,984 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$35,491,537 | ~$35,491,537 | ~2.0139% | ~$714,777 | +1.8% |
| 2028 | ~$36,144,884 | ~$36,144,884 | ~1.9814% | ~$716,170 | +3.7% |
| 2029 | ~$36,810,259 | ~$36,810,259 | ~1.9488% | ~$717,373 | +5.6% |
| 2030 | ~$37,487,881 | ~$37,487,881 | ~1.9163% | ~$718,377 | +7.6% |
| 2031 | ~$38,177,978 | ~$38,177,978 | ~1.8837% | ~$719,175 | +9.5% |
| 2027 | ~$34,794,537 | ~$34,794,537 | ~2.0465% | ~$712,065 | -0.2% |
| 2028 | ~$34,739,163 | ~$34,739,163 | ~2.0465% | ~$710,932 | -0.3% |
| 2029 | ~$34,683,877 | ~$34,683,877 | ~2.0465% | ~$709,800 | -0.5% |
| 2030 | ~$34,628,678 | ~$34,628,678 | ~2.0465% | ~$708,671 | -0.6% |
| 2031 | ~$34,573,568 | ~$34,573,568 | ~2.0465% | ~$707,543 | -0.8% |
| 2027 | ~$36,188,537 | ~$36,188,537 | ~1.9977% | ~$722,925 | +3.8% |
| 2028 | ~$37,578,486 | ~$37,578,486 | ~1.9488% | ~$732,344 | +7.8% |
| 2029 | ~$39,021,820 | ~$39,021,820 | ~1.9000% | ~$741,421 | +12.0% |
| 2030 | ~$40,520,591 | ~$40,520,591 | ~1.8512% | ~$750,115 | +16.3% |
| 2031 | ~$42,076,927 | ~$42,076,927 | ~1.8024% | ~$758,382 | +20.7% |
In 2025, this property's market value of $39,792,477 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 77× 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 | $39,792,477 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $41,083,690 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $43,827,636 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $37,747,834 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $31,812,122 | $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 | — |