601 E STASSNEY LN TX 78745
| Owner | HOUSING AUTHORITY OF THE CITY OF AUSTIN |
|---|---|
| Parcel ID | 0420050312 |
| Short ID | 755501 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 182,254 SF |
| Land SF | 376,738 SF |
| Acres | 8.649 |
| Year Built | 2008 |
| Legal | LOT 1 BLK A STASSNEY HEIGHTS SOUTH RETAIL SUBD REPLAT LTS 8,10&11 BLK A |
| Neighborhood | 08SC2 |
| Land | $5,651,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,651,070 |
| Improvement | $43,891,642 |
|---|---|
| Total Improvement | $43,891,642 |
| Market | $49,542,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $49,542,712 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $49,542,712 |
| Taxable Value | $49,542,712 |
|---|
Appreciation: Market value has risen +54.0% from $32,170,000 (2021) to $49,542,712 (2025), a CAGR of 11.4% over 4 years. This is strong appreciation — well above typical inflation. 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.
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 11% of market value ($5,651,070 land vs $43,891,642 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $49,542,712, 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 +5.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $54,541,754 by 2031, with an estimated annual tax burden around $0. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 135,470 SF | ✗ |
| 1ST | 1st Floor | 60,752 SF | ✓ |
| 2ND | 2nd Floor | 60,752 SF | ✓ |
| 3RD | 3rd Floor | 60,750 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| MISC | Miscellaneous | 1,400 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 180 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,888,044 | $49,542,712 | -15.5% |
| Assessed Value | $41,888,044 | $49,542,712 | -15.5% |
| Land Value | $5,651,070 | $5,651,070 | +0.0% |
| Improvement Value | $36,236,974 | $43,891,642 | -17.4% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $41,888,044 | $5,651,070 | $36,236,974 | — | $41,888,044 | $— | Not yet — post-cert | Preliminary |
| 2025 | $49,542,712 | $5,651,070 | $43,891,642 | — | $49,542,712 | $— | not in county billing file Why? | Partial |
| 2024 | $53,296,159 | $5,651,070 | $47,645,089 | — | $53,296,159 | $— | not in county billing file Why? | Partial |
| 2023 | $56,375,460 | $5,651,070 | $50,724,390 | — | $56,375,460 | $— | not in county billing file Why? | Partial |
| 2022 | $54,138,719 | $7,534,760 | $46,603,959 | — | $54,138,719 | $— | not in county billing file Why? | Partial |
| 2021 | $32,170,000 | $3,767,380 | $28,402,620 | — | $32,170,000 | $32,170,000 | $656,411 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -15.5% | -15.5% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -5.5% | -5.5% | ~100% | No billing data | Verified |
| 2023 | +4.1% | +4.1% | ~100% | No billing data | Verified |
| 2022 | +68.3% | +68.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.5% | +8.9% | +5.4% | +68.3% | 2022 | -15.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $656,411 | $656,411 | — | $656,411 | 2021 | $656,411 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$44,158,863 | ~$44,158,863 | ~0.0000% | ~$0 | +5.4% |
| 2028 | ~$46,552,787 | ~$46,552,787 | ~0.0000% | ~$0 | +11.1% |
| 2029 | ~$49,076,490 | ~$49,076,490 | ~0.0000% | ~$0 | +17.2% |
| 2030 | ~$51,737,007 | ~$51,737,007 | ~0.0000% | ~$0 | +23.5% |
| 2031 | ~$54,541,754 | ~$54,541,754 | ~0.0000% | ~$0 | +30.2% |
| 2027 | ~$43,321,102 | ~$43,321,102 | ~0.0000% | ~$0 | +3.4% |
| 2028 | ~$44,803,188 | ~$44,803,188 | ~0.0000% | ~$0 | +7.0% |
| 2029 | ~$46,335,978 | ~$46,335,978 | ~0.0000% | ~$0 | +10.6% |
| 2030 | ~$47,921,208 | ~$47,921,208 | ~0.0000% | ~$0 | +14.4% |
| 2031 | ~$49,560,670 | ~$49,560,670 | ~0.0000% | ~$0 | +18.3% |
| 2027 | ~$44,996,624 | ~$44,996,624 | ~0.0000% | ~$0 | +7.4% |
| 2028 | ~$48,335,897 | ~$48,335,897 | ~0.0000% | ~$0 | +15.4% |
| 2029 | ~$51,922,983 | ~$51,922,983 | ~0.0000% | ~$0 | +24.0% |
| 2030 | ~$55,776,272 | ~$55,776,272 | ~0.0000% | ~$0 | +33.2% |
| 2031 | ~$59,915,520 | ~$59,915,520 | ~0.0000% | ~$0 | +43.0% |
In 2025, this property's market value of $49,542,712 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 95× 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 | $49,542,712 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $53,296,159 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $56,375,460 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $54,138,719 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $32,170,000 | $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 |
| 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 | — |