401 LITTLE TEXAS LN TX 78745
| Owner | GEP X SOCO LLC |
|---|---|
| Parcel ID | 0420050221 |
| Short ID | 532172 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 512,488 SF |
| Land SF | 1,154,339 SF |
| Acres | 26.500 |
| Year Built | 2001 |
| Legal | LOT 2-4 ALEXAN STASSNEY HEIGHTS SUBD |
| Neighborhood | 08SC2 |
| Land | $17,315,085 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,315,085 |
| Improvement | $87,084,915 |
|---|---|
| Total Improvement | $87,084,915 |
| Market | $104,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $104,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $104,400,000 |
| Taxable Value | $104,400,000 |
|---|
Appreciation: Market value has risen +14.7% from $90,998,984 (2021) to $104,400,000 (2025), a CAGR of 3.5% 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 $2,136,530. 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 ($17,315,085 land vs $87,084,915 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $104,400,000, 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 +2.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $111,377,237 by 2031, with an estimated annual tax burden around $2,098,060. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 515,440 SF | ✗ |
| SO | Sketch Only | 374,838 SF | ✗ |
| 551 | PAVED AREA | 364,568 SF | ✗ |
| 1ST | 1st Floor | 189,509 SF | ✓ |
| 2ND | 2nd Floor | 181,336 SF | ✓ |
| 3RD | 3rd Floor | 141,643 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 66,595 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 64,592 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 55,124 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 29,880 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 27,084 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 27,045 SF | ✓ |
| MISC | Miscellaneous | 6,314 SF | ✓ |
| 581C | STORAGE ATT COMM | 5,682 SF | ✓ |
| 482 | LIGHT POLES | 36 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 172 | SHOWER STALL AVG | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 152 | COMMODE AVG | 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% | $934,452.00 | $934,452.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $529,257.17 | $529,257.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $379,603.45 | $379,603.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $119,203.23 | $119,203.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $104,434.00 | $104,434.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,066,949.85 | $2,066,949.85 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $934,452.00 | 45.2% |
| CAT City of Austin | 0.5240% | $529,257.17 | 25.6% |
| TCO Travis County | 0.3758% | $379,603.45 | 18.4% |
| THD Travis Central Health | 0.1180% | $119,203.23 | 5.8% |
| ACT Austin Community College | 0.1034% | $104,434.00 | 5.1% |
| Total | 2.0465% | $2,066,949.85 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $100,673,807 | $104,400,000 | -3.6% |
| Assessed Value | $100,673,807 | $104,400,000 | -3.6% |
| Land Value | $17,315,085 | $17,315,085 | +0.0% |
| Improvement Value | $83,358,722 | $87,084,915 | -4.3% |
| Taxable Value | $100,673,807 | $104,400,000 | -3.6% |
| Total Tax 2026 = estimate |
~$2,060,274
Estimated
|
~$2,066,950
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $100,673,807 | $17,315,085 | $83,358,722 | — | $100,673,807 | $100,673,807 | Not yet — post-cert | Preliminary |
| 2025 | $104,400,000 | $17,315,085 | $87,084,915 | — | $104,400,000 | $104,400,000 | ~$2,066,950 | Partial |
| 2024 | $110,430,000 | $17,315,085 | $93,114,915 | — | $110,430,000 | $110,430,000 | $2,155,984 | Verified |
| 2023 | $124,800,000 | $17,315,085 | $107,484,915 | — | $124,800,000 | $124,800,000 | $2,073,190 | Verified |
| 2022 | $109,880,000 | $11,543,390 | $98,336,610 | — | $109,880,000 | $109,880,000 | $2,115,541 | Verified |
| 2021 | $90,998,984 | $11,543,390 | $79,455,594 | — | $90,998,984 | $90,998,984 | $1,866,823 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2025 | -5.5% | -5.5% | ~100% | Not available | Partial |
| 2024 | -11.5% | -11.5% | ~100% | No billing data | Verified |
| 2023 | +13.6% | +13.6% | ~100% | No billing data | Verified |
| 2022 | +20.7% | +20.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.6% | +2.7% | +2.0% | +20.7% | 2022 | -11.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,066,950 | $2,055,698 | ~$2,084,033 | $2,155,984 | 2024 | $1,866,823 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$102,728,863 | ~$102,728,863 | ~2.0139% | ~$2,068,894 | +2.0% |
| 2028 | ~$104,825,869 | ~$104,825,869 | ~1.9814% | ~$2,077,007 | +4.1% |
| 2029 | ~$106,965,681 | ~$106,965,681 | ~1.9488% | ~$2,084,589 | +6.2% |
| 2030 | ~$109,149,173 | ~$109,149,173 | ~1.9163% | ~$2,091,616 | +8.4% |
| 2031 | ~$111,377,237 | ~$111,377,237 | ~1.8837% | ~$2,098,060 | +10.6% |
| 2027 | ~$100,715,387 | ~$100,715,387 | ~2.0465% | ~$2,061,125 | +0.0% |
| 2028 | ~$100,756,984 | ~$100,756,984 | ~2.0465% | ~$2,061,977 | +0.1% |
| 2029 | ~$100,798,598 | ~$100,798,598 | ~2.0465% | ~$2,062,828 | +0.1% |
| 2030 | ~$100,840,230 | ~$100,840,230 | ~2.0465% | ~$2,063,680 | +0.2% |
| 2031 | ~$100,881,878 | ~$100,881,878 | ~2.0465% | ~$2,064,533 | +0.2% |
| 2027 | ~$104,742,339 | ~$104,742,339 | ~1.9977% | ~$2,092,398 | +4.0% |
| 2028 | ~$108,975,293 | ~$108,975,293 | ~1.9488% | ~$2,123,754 | +8.2% |
| 2029 | ~$113,379,313 | ~$113,379,313 | ~1.9000% | ~$2,154,226 | +12.6% |
| 2030 | ~$117,961,313 | ~$117,961,313 | ~1.8512% | ~$2,183,693 | +17.2% |
| 2031 | ~$122,728,486 | ~$122,728,486 | ~1.8024% | ~$2,212,023 | +21.9% |
In 2025, this property's market value of $104,400,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 201× 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 | $104,400,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $110,430,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $124,800,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $109,880,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $90,998,984 | $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 | — |