2301 S MO-PAC EXPRESSWAY TX 78746
| Owner | LG TERRACES LP |
|---|---|
| Parcel ID | 0101130214 |
| Short ID | 422326 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 206,424 SF |
| Land SF | 810,912 SF |
| Acres | 18.616 |
| Year Built | 1997 |
| Legal | LOT 4 BLK E TERRACE SEC 2 THE RESUB OF & LOT 3 BLK E TERRACE SEC 3 THE REPLAT OF |
| Neighborhood | 08ENS |
| Land | $16,218,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $16,218,240 |
| Improvement | $59,441,760 |
|---|---|
| Total Improvement | $59,441,760 |
| Market | $75,660,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $75,660,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $75,660,000 |
| Taxable Value | $75,660,000 |
|---|
Appreciation: Market value has risen +9.3% from $69,210,000 (2021) to $75,660,000 (2025), a CAGR of 2.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 +37.9%, so this parcel has lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,478,007. Eanes ISD is the largest single contributor, at 42.6% 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 21% of market value ($16,218,240 land vs $59,441,760 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~29 yrs), and rent roll drive the underwriting.
Submarket Position: At $75,660,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $84,574,258 by 2030, with an estimated annual tax burden around $1,417,141. 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.
29 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 292,292 SF | ✗ |
| SO | Sketch Only | 245,657 SF | ✗ |
| 551 | PAVED AREA | 125,000 SF | ✗ |
| 2ND | 2nd Floor | 83,684 SF | ✓ |
| 3RD | 3rd Floor | 83,684 SF | ✓ |
| 4TH | 4th Floor | 83,684 SF | ✓ |
| 1ST | 1st Floor | 39,056 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 38,063 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 23,716 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 23,716 SF | ✗ |
| 581C | STORAGE ATT COMM | 11,068 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 5,156 SF | ✓ |
| 611 | TERRACE | 4,532 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 3,312 SF | ✗ |
| BELOW | Below | 2,184 SF | ✓ |
| 601 | POOL COMM'L | 1,646 SF | ✗ |
| 482 | LIGHT POLES | 12 SF | ✓ |
| MISC | Miscellaneous | 9 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 477 | ELEVATOR RES | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 549 | FENCE COMM FV | 1 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $629,642.52 | $629,642.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $396,471.26 | $396,471.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $284,364.33 | $284,364.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $89,296.20 | $89,296.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $78,232.44 | $78,232.44 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $1,478,006.75 | $1,478,006.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $71,850,000 | $75,660,000 | -5.0% |
| Assessed Value | $71,850,000 | $75,660,000 | -5.0% |
| Land Value | $16,218,240 | $16,218,240 | +0.0% |
| Improvement Value | $55,631,760 | $59,441,760 | -6.4% |
| Taxable Value | $71,850,000 | $75,660,000 | -5.0% |
| Total Tax 2026 = estimate |
~$1,403,579
Estimated
|
~$1,478,007
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $71,850,000 | $71,850,000 | +0 (+0.0%) |
| Taxable Value | $71,850,000 | $71,850,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $71,850,000 | $16,218,240 | $55,631,760 | — | $71,850,000 | $71,850,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $75,660,000 | $16,218,240 | $59,441,760 | — | $75,660,000 | $75,660,000 | ~$1,478,007 | Partial |
| 2024 | $90,700,000 | — | — | −$74,481,760 | $16,218,240 | $— | $1,607,632 | Verified |
| 2023 | $80,600,000 | — | — | −$64,381,760 | $16,218,240 | $— | $1,666,837 | Verified |
| 2022 | $64,500,000 | — | — | −$48,281,760 | $16,218,240 | $— | $1,492,067 | Verified |
| 2021 | $69,210,000 | — | — | −$52,991,760 | $16,218,240 | $— | $1,409,100 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | 1.9200% | Verified |
| 2023 | +12.5% | +12.5% | ~100% | 1.8400% | Verified |
| 2022 | +15.2% | +15.2% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.0% | +1.8% | +3.3% | +25.0% | 2023 | -16.6% | 2025 |
| Assessment Ratio | 100.0% | 47.8% | — | 100.0% | 2025 | 17.9% | 2024 |
| 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 |
$1,478,007 | $1,530,728 | ~$1,444,010 | $1,666,837 | 2023 | $1,409,100 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$77,364,319 | ~$77,364,319 | ~1.8979% | ~$1,468,306 | +2.3% |
| 2027 | ~$79,107,030 | ~$79,107,030 | ~1.8423% | ~$1,457,419 | +4.6% |
| 2028 | ~$80,888,997 | ~$80,888,997 | ~1.7868% | ~$1,445,296 | +6.9% |
| 2029 | ~$82,711,105 | ~$82,711,105 | ~1.7312% | ~$1,431,887 | +9.3% |
| 2030 | ~$84,574,258 | ~$84,574,258 | ~1.6756% | ~$1,417,141 | +11.8% |
| 2026 | ~$75,851,119 | ~$75,851,119 | ~1.9535% | ~$1,481,740 | +0.3% |
| 2027 | ~$76,042,721 | ~$76,042,721 | ~1.9535% | ~$1,485,483 | +0.5% |
| 2028 | ~$76,234,808 | ~$76,234,808 | ~1.9535% | ~$1,489,236 | +0.8% |
| 2029 | ~$76,427,379 | ~$76,427,379 | ~1.9535% | ~$1,492,997 | +1.0% |
| 2030 | ~$76,620,437 | ~$76,620,437 | ~1.9535% | ~$1,496,769 | +1.3% |
| 2026 | ~$78,877,519 | ~$78,877,519 | ~1.8701% | ~$1,475,108 | +4.3% |
| 2027 | ~$82,231,867 | ~$82,231,867 | ~1.7868% | ~$1,469,290 | +8.7% |
| 2028 | ~$85,728,862 | ~$85,728,862 | ~1.7034% | ~$1,460,309 | +13.3% |
| 2029 | ~$89,374,570 | ~$89,374,570 | ~1.6200% | ~$1,447,907 | +18.1% |
| 2030 | ~$93,175,315 | ~$93,175,315 | ~1.5367% | ~$1,431,810 | +23.2% |
In 2025, this property's market value of $75,660,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 146× the county median of $519,778. 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 | $75,660,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $90,700,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $80,600,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $64,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $69,210,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.