600 E F M RD 1626 TX
| Owner | SW DC PHASE II DEVELOPMENT LLC |
|---|---|
| Parcel ID | 0440110409 |
| Short ID | 934804 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 306,900 SF |
| Land SF | 697,047 SF |
| Acres | 16.002 |
| Year Built | 2022 |
| Legal | LOT 3 DOUBLE CREEK SUBD SEC 2 |
| Neighborhood | 1SO3 |
| Land | $13,940,942 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,940,942 |
| Improvement | $32,771,549 |
|---|---|
| Total Improvement | $32,771,549 |
| Market | $46,712,491 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,712,491 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,712,491 |
| Taxable Value | $46,712,491 |
|---|
Appreciation: Market value has risen +1575.4% from $2,788,188 (2021) to $46,712,491 (2025), a CAGR of 102.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $955,964. 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 30% of market value ($13,940,942 land vs $32,771,549 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,712,491, 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 +90.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,786,225,151 by 2031, with an estimated annual tax burden around $2,140,987. 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 | 306,900 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% | $432,183.97 | $432,183.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $244,781.39 | $244,781.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $175,566.56 | $175,566.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55,131.48 | $55,131.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,300.72 | $48,300.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $955,964.12 | $955,964.12 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $432,183.97 | 45.2% |
| CAT City of Austin | 0.5240% | $244,781.39 | 25.6% |
| TCO Travis County | 0.3758% | $175,566.56 | 18.4% |
| THD Travis Central Health | 0.1180% | $55,131.48 | 5.8% |
| ACT Austin Community College | 0.1034% | $48,300.72 | 5.1% |
| Total | 2.0465% | $955,964.12 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $70,571,464 | $46,712,491 | +51.1% |
| Assessed Value | $70,571,464 | $46,712,491 | +51.1% |
| Land Value | $13,940,942 | $13,940,942 | +0.0% |
| Improvement Value | $56,630,522 | $32,771,549 | +72.8% |
| Taxable Value | $70,571,464 | $46,712,491 | +51.1% |
| Total Tax 2026 = estimate |
~$1,444,234
Estimated
|
~$955,964
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $70,571,464 | $13,940,942 | $56,630,522 | — | $70,571,464 | $70,571,464 | Not yet — post-cert | Preliminary |
| 2025 | $46,712,491 | $13,940,942 | $32,771,549 | — | $46,712,491 | $46,712,491 | ~$955,964 | Partial |
| 2024 | $31,529,074 | $13,940,942 | $17,588,132 | — | $31,529,074 | $31,529,074 | $624,848 | Verified |
| 2023 | $14,615,201 | $13,940,942 | $674,259 | — | $14,615,201 | $14,615,201 | $171,156 | Verified |
| 2022 | $2,788,188 | $2,788,188 | — | — | $2,788,188 | $2,788,188 | $55,065 | Verified |
| 2021 | $2,788,188 | $2,788,188 | — | — | $2,788,188 | $2,788,188 | $60,690 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +51.1% | +51.1% | ~100% | Not available | Partial |
| 2025 | +48.2% | +48.2% | ~100% | Not available | Partial |
| 2024 | +115.7% ! | +115.7% | ~100% | No billing data | Verified |
| 2023 | +424.2% ! | +424.2% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1575.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +51.1% | +127.8% | +90.8% | +424.2% | 2023 | +0.0% | 2022 |
| 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 |
$955,964 | $373,544 | ~$1,841,371 | $955,964 | 2025 | $55,065 | 2022 |
Market value changed by 424% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$134,676,103 | ~$77,628,610 | ~2.0139% | ~$1,563,391 | +90.8% |
| 2028 | ~$257,011,145 | ~$85,391,471 | ~1.9814% | ~$1,691,936 | +264.2% |
| 2029 | ~$490,471,042 | ~$93,930,619 | ~1.9488% | ~$1,830,557 | +595.0% |
| 2030 | ~$935,997,709 | ~$103,323,680 | ~1.9163% | ~$1,979,982 | +1226.3% |
| 2031 | ~$1,786,225,151 | ~$113,656,048 | ~1.8837% | ~$2,140,987 | +2431.1% |
| 2027 | ~$133,264,674 | ~$77,628,610 | ~2.0465% | ~$1,588,658 | +88.8% |
| 2028 | ~$251,652,329 | ~$85,391,471 | ~2.0465% | ~$1,747,524 | +256.6% |
| 2029 | ~$475,211,420 | ~$93,930,619 | ~2.0465% | ~$1,922,276 | +573.4% |
| 2030 | ~$897,372,554 | ~$103,323,680 | ~2.0465% | ~$2,114,504 | +1171.6% |
| 2031 | ~$1,694,566,811 | ~$113,656,048 | ~2.0465% | ~$2,325,954 | +2301.2% |
| 2027 | ~$136,087,532 | ~$77,628,610 | ~1.9977% | ~$1,550,757 | +92.8% |
| 2028 | ~$262,426,418 | ~$85,391,471 | ~1.9488% | ~$1,664,143 | +271.9% |
| 2029 | ~$506,053,886 | ~$93,930,619 | ~1.9000% | ~$1,784,697 | +617.1% |
| 2030 | ~$975,856,540 | ~$103,323,680 | ~1.8512% | ~$1,912,722 | +1282.8% |
| 2031 | ~$1,881,807,475 | ~$113,656,048 | ~1.8024% | ~$2,048,504 | +2566.5% |
In 2025, this property's market value of $46,712,491 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 90× 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 | $46,712,491 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $31,529,074 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $14,615,201 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,788,188 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,788,188 | $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 | — |