10300 S IH 35 SVRD SB TX
| Owner | BELL FUND VII SOUTHPARK MEADOWS LLC |
|---|---|
| Parcel ID | 0436110203 |
| Short ID | 887111 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 175,200 SF |
| Land SF | 399,119 SF |
| Acres | 9.163 |
| Year Built | 2020 |
| Legal | LOT 1 LENOX SPRINGS SEC 2 |
| Neighborhood | 08SC3 |
| Land | $7,982,386 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,982,386 |
| Improvement | $35,687,614 |
|---|---|
| Total Improvement | $35,687,614 |
| Market | $43,670,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,670,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,670,000 |
| Taxable Value | $43,670,000 |
|---|
Appreciation: Market value has risen +144.1% from $17,889,922 (2021) to $43,670,000 (2025), a CAGR of 25.0% 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.
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 $893,700. 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 18% of market value ($7,982,386 land vs $35,687,614 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,670,000, 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 +18.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $98,012,345 by 2031, with an estimated annual tax burden around $1,270,368. 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 | 175,200 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% | $404,034.84 | $404,034.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $228,838.22 | $228,838.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $164,131.51 | $164,131.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,540.64 | $51,540.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $45,154.78 | $45,154.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $893,699.99 | $893,699.99 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $404,034.84 | 45.2% |
| CAT City of Austin | 0.5240% | $228,838.22 | 25.6% |
| TCO Travis County | 0.3758% | $164,131.51 | 18.4% |
| THD Travis Central Health | 0.1180% | $51,540.64 | 5.8% |
| ACT Austin Community College | 0.1034% | $45,154.78 | 5.1% |
| Total | 2.0465% | $893,699.99 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,874,016 | $43,670,000 | -4.1% |
| Assessed Value | $41,874,016 | $43,670,000 | -4.1% |
| Land Value | $7,982,386 | $7,982,386 | +0.0% |
| Improvement Value | $33,891,630 | $35,687,614 | -5.0% |
| Taxable Value | $41,874,016 | $43,670,000 | -4.1% |
| Total Tax 2026 = estimate |
~$856,945
Estimated
|
~$893,700
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $41,874,016 | $7,982,386 | $33,891,630 | — | $41,874,016 | $41,874,016 | Not yet — post-cert | Preliminary |
| 2025 | $43,670,000 | $7,982,386 | $35,687,614 | — | $43,670,000 | $43,670,000 | ~$893,700 | Partial |
| 2024 | $45,880,000 | $7,982,386 | $37,897,614 | — | $45,880,000 | $45,880,000 | $859,687 | Verified |
| 2023 | $50,143,448 | $7,982,386 | $42,161,062 | — | $50,143,448 | $50,143,448 | $776,864 | Verified |
| 2022 | $45,950,000 | $2,394,716 | $43,555,284 | — | $45,950,000 | $45,950,000 | $833,337 | Verified |
| 2021 | $17,889,922 | $2,040,699 | $15,849,223 | — | $17,889,922 | $17,889,922 | $371,970 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | -8.5% | -8.5% | ~100% | No billing data | Verified |
| 2023 | +9.1% | +9.1% | ~100% | No billing data | Verified |
| 2022 | +156.8% ! | +156.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +144.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.1% | +29.7% | +18.5% | +156.8% | 2022 | -8.5% | 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 |
$893,700 | $747,111 | ~$1,092,589 | $893,700 | 2025 | $371,970 | 2021 |
Market value changed by 157% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$49,637,723 | ~$46,061,418 | ~2.0139% | ~$927,648 | +18.5% |
| 2028 | ~$58,840,869 | ~$50,667,559 | ~1.9814% | ~$1,003,921 | +40.5% |
| 2029 | ~$69,750,338 | ~$55,734,315 | ~1.9488% | ~$1,086,172 | +66.6% |
| 2030 | ~$82,682,490 | ~$61,307,747 | ~1.9163% | ~$1,174,835 | +97.5% |
| 2031 | ~$98,012,345 | ~$67,438,522 | ~1.8837% | ~$1,270,368 | +134.1% |
| 2027 | ~$48,800,242 | ~$46,061,418 | ~2.0465% | ~$942,640 | +16.5% |
| 2028 | ~$56,872,110 | ~$50,667,559 | ~2.0465% | ~$1,036,904 | +35.8% |
| 2029 | ~$66,279,116 | ~$55,734,315 | ~2.0465% | ~$1,140,594 | +58.3% |
| 2030 | ~$77,242,100 | ~$61,307,747 | ~2.0465% | ~$1,254,654 | +84.5% |
| 2031 | ~$90,018,430 | ~$67,438,522 | ~2.0465% | ~$1,380,119 | +115.0% |
| 2027 | ~$50,475,203 | ~$46,061,418 | ~1.9977% | ~$920,152 | +20.5% |
| 2028 | ~$60,843,128 | ~$50,667,559 | ~1.9488% | ~$987,429 | +45.3% |
| 2029 | ~$73,340,690 | ~$55,734,315 | ~1.9000% | ~$1,058,961 | +75.1% |
| 2030 | ~$88,405,331 | ~$61,307,747 | ~1.8512% | ~$1,134,925 | +111.1% |
| 2031 | ~$106,564,343 | ~$67,438,522 | ~1.8024% | ~$1,215,493 | +154.5% |
In 2025, this property's market value of $43,670,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 84× 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 | $43,670,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $45,880,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $50,143,448 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $45,950,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $17,889,922 | $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 | — |