12607 PALMER RD BUDA, TX 78610
| Owner | RCD REALTY LTD |
|---|---|
| Parcel ID | 0456080314 |
| Short ID | 352564 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 5,539 SF |
| Land SF | 391,038 SF |
| Acres | 8.977 |
| Year Built | 2004 |
| Legal | ABS 155 SUR 6 CAPLES E ACR 2.9770 |
| Neighborhood | _RGN420 |
| Land | $548,005 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $548,005 |
| Improvement | $1,324,178 |
|---|---|
| Total Improvement | $1,324,178 |
| Market | $1,872,183 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,872,183 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,872,183 |
| Taxable Value | $1,872,183 |
|---|
Appreciation: Market value has risen +278.5% from $494,602 (2021) to $1,872,183 (2025), a CAGR of 39.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 7 taxing entities is 2.1962% in 2025 (+0.0266% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $41,116. Del Valle ISD is the largest single contributor, at 43.2% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($520,344, ~27.8% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 29% of market value ($548,005 land vs $1,324,178 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,872,183, 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 +28.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,076,654 by 2031, with an estimated annual tax burden around $59,395. 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 |
|---|---|---|---|
| 301 | BARN SF | 6,345 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 5,538 SF | ✗ |
| 1ST | 1st Floor | 4,021 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,312 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 1,662 SF | ✗ |
| 2ND | 2nd Floor | 1,518 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 528 SF | ✓ |
| 571 | STORAGE DET | 384 SF | ✓ |
| 581 | STORAGE ATT | 300 SF | ✓ |
| 581C | STORAGE ATT COMM | 252 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $16,450.56 | $16,450.56 | Paid |
| VCR City of Creedmoor | 0.2753% | 0.5010% | 0.4500% | 0.4190% | 0.4500% | +0.0310% | $7,801.40 | $7,801.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,515.82 | $6,515.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,046.10 | $2,046.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,792.59 | $1,792.59 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,733.65 | $1,733.65 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,733.65 | $1,733.65 | Paid |
| Combined Rate | 2.2513% | 2.3910% | 2.1567% | 2.1696% | 2.1962% | +0.0266% | $38,073.77 | $38,073.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $16,450.56 | 43.2% |
| VCR City of Creedmoor | 0.4500% | $7,801.40 | 20.5% |
| TCO Travis County | 0.3758% | $6,515.82 | 17.1% |
| THD Travis Central Health | 0.1180% | $2,046.10 | 5.4% |
| ACT Austin Community College | 0.1034% | $1,792.59 | 4.7% |
| E11 Travis County ESD # 11 | 0.1000% | $1,733.65 | 4.6% |
| E15 Travis County ESD # 15 | 0.1000% | $1,733.65 | 4.6% |
| Total | 2.1962% | $38,073.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,733,645 | $1,872,183 | -7.4% |
| Assessed Value | $1,733,645 | $1,872,183 | -7.4% |
| Land Value | $494,767 | $548,005 | -9.7% |
| Improvement Value | $1,238,878 | $1,324,178 | -6.4% |
| Taxable Value | $1,733,645 | $1,872,183 | -7.4% |
| HS Cap Loss | — | -$520,344 (2024) | |
| Total Tax 2026 = estimate |
~$38,074
Estimated
|
~$38,074
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,733,645 | $494,767 | $1,238,878 | — | $1,733,645 | $1,733,645 | Not yet — post-cert | Preliminary |
| 2025 | $1,872,183 | $548,005 | $1,324,178 | — | $1,872,183 | $1,872,183 | ~$38,074 | Partial |
| 2024 | $588,003 | $293,018 | $294,985 | — | $588,003 | $588,003 | $27,085 | Verified |
| 2023 | $748,669 | $211,294 | $537,375 | — | $748,669 | $— | $10,200 | Verified |
| 2022 | $410,446 | $211,294 | $199,152 | — | $410,446 | $— | $12,417 | Verified |
| 2021 | $494,602 | $104,292 | $390,310 | −$217,241 | $277,361 | $121,889 | $11,205 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.4% | -7.4% | ~100% | Not available | Partial |
| 2025 | +218.4% ! | +218.4% | ~100% | Not available | Partial |
| 2024 | -21.5% | -21.5% | ~100% | No billing data | Verified |
| 2023 | +82.4% ! | +82.4% | ~100% | No billing data | Verified |
| 2022 | -17.0% | +48.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | 56.1% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +278.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.4% | +51.0% | +28.5% | +218.4% | 2025 | -21.5% | 2024 |
| Assessment Ratio | 100.0% | 92.7% | — | 100.0% | 2022 | 56.1% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$38,074 | $19,796 | ~$50,114 | $38,074 | 2025 | $10,200 | 2023 |
Market value changed by 82% 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 | ~$2,227,927 | ~$1,907,010 | ~2.1824% | ~$41,618 | +28.5% |
| 2028 | ~$2,863,135 | ~$2,097,710 | ~2.1686% | ~$45,491 | +65.2% |
| 2029 | ~$3,679,449 | ~$2,307,481 | ~2.1548% | ~$49,722 | +112.2% |
| 2030 | ~$4,728,502 | ~$2,538,230 | ~2.1411% | ~$54,345 | +172.7% |
| 2031 | ~$6,076,654 | ~$2,792,053 | ~2.1273% | ~$59,395 | +250.5% |
| 2027 | ~$2,193,254 | ~$1,907,010 | ~2.1962% | ~$41,881 | +26.5% |
| 2028 | ~$2,774,712 | ~$2,097,710 | ~2.1962% | ~$46,069 | +60.1% |
| 2029 | ~$3,510,320 | ~$2,307,481 | ~2.1962% | ~$50,676 | +102.5% |
| 2030 | ~$4,440,947 | ~$2,538,230 | ~2.1962% | ~$55,744 | +156.2% |
| 2031 | ~$5,618,294 | ~$2,792,053 | ~2.1962% | ~$61,318 | +224.1% |
| 2027 | ~$2,262,600 | ~$1,907,010 | ~2.1755% | ~$41,487 | +30.5% |
| 2028 | ~$2,952,946 | ~$2,097,710 | ~2.1548% | ~$45,202 | +70.3% |
| 2029 | ~$3,853,924 | ~$2,307,481 | ~2.1342% | ~$49,246 | +122.3% |
| 2030 | ~$5,029,801 | ~$2,538,230 | ~2.1135% | ~$53,646 | +190.1% |
| 2031 | ~$6,564,452 | ~$2,792,053 | ~2.0928% | ~$58,433 | +278.7% |
In 2025, this property's market value of $1,872,183 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 4× 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 | $1,872,183 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $588,003 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $748,669 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $410,446 | $506,269 | $614,560 | $904,074 | ↓ Bottom 25% | +39.0% |
| 2021 | $494,602 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 | — |