6001 S CONGRESS AVE TX 78745
| Owner | WMCI AUSTIN X LLC & |
|---|---|
| Parcel ID | 0418070701 |
| Short ID | 512106 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 198,334 SF |
| Land SF | 265,686 SF |
| Acres | 6.099 |
| Year Built | 2020 |
| Legal | ABS 6 SUR 19 CANNON W ACR 6.0993 |
| Neighborhood | 08SC2 |
| Land | $6,642,150 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,642,150 |
| Improvement | $43,357,850 |
|---|---|
| Total Improvement | $43,357,850 |
| Market | $50,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $50,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $50,000,000 |
| Taxable Value | $50,000,000 |
|---|
Appreciation: Market value has risen +4.1% from $48,045,655 (2021) to $50,000,000 (2025), a CAGR of 1.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $1,023,242. 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 13% of market value ($6,642,150 land vs $43,357,850 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $50,000,000, 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 -0.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $47,029,434 by 2031, with an estimated annual tax burden around $885,913. 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 | 198,334 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% | $462,600.00 | $462,600.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $262,008.50 | $262,008.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $187,922.50 | $187,922.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $59,011.50 | $59,011.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $51,700.00 | $51,700.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,023,242.50 | $1,023,242.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $462,600.00 | 45.2% |
| CAT City of Austin | 0.5240% | $262,008.50 | 25.6% |
| TCO Travis County | 0.3758% | $187,922.50 | 18.4% |
| THD Travis Central Health | 0.1180% | $59,011.50 | 5.8% |
| ACT Austin Community College | 0.1034% | $51,700.00 | 5.1% |
| Total | 2.0465% | $1,023,242.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $47,534,829 | $50,000,000 | -4.9% |
| Assessed Value | $47,534,829 | $50,000,000 | -4.9% |
| Land Value | $6,642,150 | $6,642,150 | +0.0% |
| Improvement Value | $40,892,679 | $43,357,850 | -5.7% |
| Taxable Value | $47,534,829 | $50,000,000 | -4.9% |
| Total Tax 2026 = estimate |
~$972,793
Estimated
|
~$1,023,242
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $47,534,829 | $6,642,150 | $40,892,679 | — | $47,534,829 | $47,534,829 | Not yet — post-cert | Preliminary |
| 2025 | $50,000,000 | $6,642,150 | $43,357,850 | — | $50,000,000 | $50,000,000 | ~$1,023,242 | Partial |
| 2024 | $59,160,000 | $6,642,150 | $52,517,850 | — | $59,160,000 | $59,160,000 | $1,172,441 | Verified |
| 2023 | $75,598,974 | $6,642,150 | $68,956,824 | — | $75,598,974 | $75,598,974 | $1,233,002 | Verified |
| 2022 | $64,500,000 | $13,284,300 | $51,215,700 | — | $64,500,000 | $64,500,000 | $1,180,014 | Verified |
| 2021 | $48,045,655 | $6,642,150 | $41,403,505 | — | $48,045,655 | $48,045,655 | $1,045,800 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2025 | -15.5% | -15.5% | ~100% | Not available | Partial |
| 2024 | -21.7% | -21.7% | ~100% | No billing data | Verified |
| 2023 | +17.2% | +17.2% | ~100% | No billing data | Verified |
| 2022 | +34.2% | +34.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.9% | +1.9% | -0.2% | +34.2% | 2022 | -21.7% | 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 |
$1,023,242 | $1,130,900 | ~$920,525 | $1,233,002 | 2023 | $1,023,242 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$47,433,317 | ~$47,433,317 | ~2.0139% | ~$955,277 | -0.2% |
| 2028 | ~$47,332,023 | ~$47,332,023 | ~1.9814% | ~$937,831 | -0.4% |
| 2029 | ~$47,230,944 | ~$47,230,944 | ~1.9488% | ~$920,455 | -0.6% |
| 2030 | ~$47,130,081 | ~$47,130,081 | ~1.9163% | ~$903,150 | -0.9% |
| 2031 | ~$47,029,434 | ~$47,029,434 | ~1.8837% | ~$885,913 | -1.1% |
| 2027 | ~$46,482,621 | ~$46,482,621 | ~2.0465% | ~$951,260 | -2.2% |
| 2028 | ~$45,453,704 | ~$45,453,704 | ~2.0465% | ~$930,203 | -4.4% |
| 2029 | ~$44,447,562 | ~$44,447,562 | ~2.0465% | ~$909,613 | -6.5% |
| 2030 | ~$43,463,692 | ~$43,463,692 | ~2.0465% | ~$889,478 | -8.6% |
| 2031 | ~$42,501,601 | ~$42,501,601 | ~2.0465% | ~$869,789 | -10.6% |
| 2027 | ~$48,384,014 | ~$48,384,014 | ~1.9977% | ~$966,549 | +1.8% |
| 2028 | ~$49,248,369 | ~$49,248,369 | ~1.9488% | ~$959,772 | +3.6% |
| 2029 | ~$50,128,166 | ~$50,128,166 | ~1.9000% | ~$952,444 | +5.5% |
| 2030 | ~$51,023,679 | ~$51,023,679 | ~1.8512% | ~$944,547 | +7.3% |
| 2031 | ~$51,935,191 | ~$51,935,191 | ~1.8024% | ~$936,065 | +9.3% |
In 2025, this property's market value of $50,000,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 96× 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 | $50,000,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $59,160,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $75,598,974 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $64,500,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $48,045,655 | $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 | — |