8600 BRODIE LN TX 78745
| Owner | SHLP RIDGEVIEW APARTMENTS, LLC |
|---|---|
| Parcel ID | 0423270504 |
| Short ID | 532699 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 320,890 SF |
| Land SF | 1,098,060 SF |
| Acres | 25.208 |
| Year Built | 2002 |
| Legal | LOT 2 BLK A DEERFIELD AT BRODIE SUBD PHS II REPLAT |
| Neighborhood | 08SW |
| Land | $5,490,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,490,300 |
| Improvement | $56,529,700 |
|---|---|
| Total Improvement | $56,529,700 |
| Market | $62,020,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $62,020,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $62,020,000 |
| Taxable Value | $62,020,000 |
|---|
Appreciation: Market value has risen +21.9% from $50,870,000 (2021) to $62,020,000 (2025), a CAGR of 5.1% 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 $1,269,230. 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 9% of market value ($5,490,300 land vs $56,529,700 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $62,020,000, 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 +4.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $81,421,402 by 2031, with an estimated annual tax burden around $1,533,770. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 320,890 SF | ✗ |
| SO | Sketch Only | 123,905 SF | ✗ |
| 2ND | 2nd Floor | 114,528 SF | ✓ |
| 3RD | 3rd Floor | 108,269 SF | ✓ |
| 1ST | 1st Floor | 98,093 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 36,100 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 34,500 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 34,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 24,742 SF | ✓ |
| 581C | STORAGE ATT COMM | 7,819 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 480 SF | ✗ |
| 613C | TERRACE COVERED COMM | 390 SF | ✗ |
| MISC | Miscellaneous | 5 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% | $545,868.00 | $545,868.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $309,170.03 | $309,170.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $221,748.55 | $221,748.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $69,633.57 | $69,633.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $61,006.00 | $61,006.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,207,426.15 | $1,207,426.15 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $545,868.00 | 45.2% |
| CAT City of Austin | 0.5240% | $309,170.03 | 25.6% |
| TCO Travis County | 0.3758% | $221,748.55 | 18.4% |
| THD Travis Central Health | 0.1180% | $69,633.57 | 5.8% |
| ACT Austin Community College | 0.1034% | $61,006.00 | 5.1% |
| Total | 2.0465% | $1,207,426.15 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $64,357,647 | $62,020,000 | +3.8% |
| Assessed Value | $64,357,647 | $62,020,000 | +3.8% |
| Land Value | $5,490,300 | $5,490,300 | +0.0% |
| Improvement Value | $58,867,347 | $56,529,700 | +4.1% |
| Taxable Value | $64,357,647 | $62,020,000 | +3.8% |
| Total Tax 2026 = estimate |
~$1,317,070
Estimated
|
~$1,207,426
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $64,357,647 | $5,490,300 | $58,867,347 | — | $64,357,647 | $64,357,647 | Not yet — post-cert | Preliminary |
| 2025 | $62,020,000 | $5,490,300 | $56,529,700 | — | $62,020,000 | $62,020,000 | ~$1,207,426 | Partial |
| 2024 | $70,540,000 | $5,490,300 | $65,049,700 | — | $70,540,000 | $70,540,000 | $1,346,916 | Verified |
| 2023 | $72,990,000 | $5,490,300 | $67,499,700 | — | $72,990,000 | $72,990,000 | $1,226,655 | Verified |
| 2022 | $69,000,000 | $5,490,300 | $63,509,700 | — | $69,000,000 | $69,000,000 | $1,287,648 | Verified |
| 2021 | $50,870,000 | $5,490,300 | $45,379,700 | — | $50,870,000 | $50,870,000 | $1,056,101 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.8% | +3.8% | ~100% | Not available | Partial |
| 2025 | -12.1% | -12.1% | ~100% | Not available | Partial |
| 2024 | -3.4% | -3.4% | ~100% | No billing data | Verified |
| 2023 | +5.8% | +5.8% | ~100% | No billing data | Verified |
| 2022 | +35.6% | +35.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.8% | +5.9% | +4.8% | +35.6% | 2022 | -12.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,207,426 | $1,224,949 | ~$1,445,232 | $1,346,916 | 2024 | $1,056,101 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$67,457,127 | ~$67,457,127 | ~2.0139% | ~$1,358,544 | +4.8% |
| 2028 | ~$70,705,879 | ~$70,705,879 | ~1.9814% | ~$1,400,958 | +9.9% |
| 2029 | ~$74,111,091 | ~$74,111,091 | ~1.9488% | ~$1,444,306 | +15.2% |
| 2030 | ~$77,680,300 | ~$77,680,300 | ~1.9163% | ~$1,488,581 | +20.7% |
| 2031 | ~$81,421,402 | ~$81,421,402 | ~1.8837% | ~$1,533,770 | +26.5% |
| 2027 | ~$66,169,974 | ~$66,169,974 | ~2.0465% | ~$1,354,159 | +2.8% |
| 2028 | ~$68,033,337 | ~$68,033,337 | ~2.0465% | ~$1,392,292 | +5.7% |
| 2029 | ~$69,949,172 | ~$69,949,172 | ~2.0465% | ~$1,431,499 | +8.7% |
| 2030 | ~$71,918,958 | ~$71,918,958 | ~2.0465% | ~$1,471,811 | +11.7% |
| 2031 | ~$73,944,214 | ~$73,944,214 | ~2.0465% | ~$1,513,257 | +14.9% |
| 2027 | ~$68,744,280 | ~$68,744,280 | ~1.9977% | ~$1,373,279 | +6.8% |
| 2028 | ~$73,429,907 | ~$73,429,907 | ~1.9488% | ~$1,431,031 | +14.1% |
| 2029 | ~$78,434,908 | ~$78,434,908 | ~1.9000% | ~$1,490,276 | +21.9% |
| 2030 | ~$83,781,050 | ~$83,781,050 | ~1.8512% | ~$1,550,950 | +30.2% |
| 2031 | ~$89,491,587 | ~$89,491,587 | ~1.8024% | ~$1,612,971 | +39.1% |
In 2025, this property's market value of $62,020,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 119× 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 | $62,020,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $70,540,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $72,990,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $69,000,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $50,870,000 | $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 |
| 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 | — |