TECOMA CIR TX 78735
| Owner | BMIR SANTAL L L C |
|---|---|
| Parcel ID | 0103340201 |
| Short ID | 852270 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 456,600 SF |
| Land SF | 1,955,321 SF |
| Acres | 44.888 |
| Year Built | 2016 |
| Legal | LOT 4 BLK B BARTON CREEK SEC N BLK B LOT 4 |
| Neighborhood | 08SW1 |
| Land | $6,335,241 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,335,241 |
| Improvement | $123,654,759 |
|---|---|
| Total Improvement | $123,654,759 |
| Market | $129,990,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $129,990,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $129,990,000 |
| Taxable Value | $129,990,000 |
|---|
Appreciation: Market value has risen +44.4% from $90,000,000 (2021) to $129,990,000 (2025), a CAGR of 9.6% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.0705% in 2025 (+0.0433% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,691,401. Austin ISD is the largest single contributor, at 44.7% 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 5% of market value ($6,335,241 land vs $123,654,759 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $129,990,000, 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 +9.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $205,823,158 by 2030, with an estimated annual tax burden around $3,669,218. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 300,000 SF | ✗ |
| 1ST | 1st Floor | 287,298 SF | ✓ |
| 3RD | 3rd Floor | 98,502 SF | ✓ |
| 2ND | 2nd Floor | 70,800 SF | ✓ |
| MISC | Miscellaneous | 12,000 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,161,126.00 | $1,161,126.00 | Paid |
| U4D Travis County MUD # 08 | 0.6000% | 0.5335% | 0.4855% | 0.4700% | 0.4890% | +0.0190% | $613,695.00 | $613,695.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $471,685.48 | $471,685.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $148,118.87 | $148,118.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $129,767.00 | $129,767.00 | Paid |
| E03 Travis County ESD # 03 | 0.0650% | 0.0450% | 0.0400% | 0.0530% | 0.0590% | +0.0060% | $74,045.00 | $74,045.00 | Paid |
| Combined Rate | 2.3007% | 2.0907% | 1.8889% | 2.0272% | 2.0705% | +0.0433% | $2,598,437.35 | $2,598,437.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $119,590,000 | $129,990,000 | -8.0% |
| Assessed Value | $119,590,000 | $129,990,000 | -8.0% |
| Land Value | $10,558,735 | $6,335,241 | +66.7% |
| Improvement Value | $109,031,265 | $123,654,759 | -11.8% |
| Taxable Value | $119,590,000 | $129,990,000 | -8.0% |
| Total Tax 2026 = estimate |
~$2,476,073
Estimated
|
~$2,598,437
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $129,742,995 | $119,590,000 | -10,152,995 (-7.8%) |
| Taxable Value | $129,742,995 | $119,590,000 | -10,152,995 (-7.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $119,590,000 | $10,558,735 | $109,031,265 | — | $119,590,000 | $119,590,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $129,990,000 | $6,335,241 | $123,654,759 | — | $129,990,000 | $129,990,000 | ~$2,598,437 | Partial |
| 2024 | $152,581,067 | — | — | −$146,245,826 | $6,335,241 | $— | $2,793,272 | Verified |
| 2023 | $146,000,000 | — | — | −$139,664,759 | $6,335,241 | $— | $2,882,175 | Verified |
| 2022 | $102,000,000 | — | — | −$95,664,759 | $6,335,241 | $— | $3,052,456 | Verified |
| 2021 | $90,000,000 | — | — | −$83,664,759 | $6,335,241 | $— | $2,346,693 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2024 | -19.3% | -19.3% | ~100% | 2.0300% | Verified |
| 2023 | +16.9% | +16.9% | ~100% | 1.6900% | Verified |
| 2022 | +43.1% | +43.1% | ~100% | 2.0900% | Verified |
| 2021 | base year | — | ~100% | 2.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.0% | +7.6% | +11.5% | +43.1% | 2023 | -14.8% | 2025 |
| Assessment Ratio | 100.0% | 36.9% | — | 100.0% | 2025 | 4.2% | 2024 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,598,437 | $2,734,607 | ~$3,259,541 | $3,052,456 | 2022 | $2,346,693 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$142,503,917 | ~$142,503,917 | ~2.0129% | ~$2,868,483 | +9.6% |
| 2027 | ~$156,222,528 | ~$156,222,528 | ~1.9554% | ~$3,054,717 | +20.2% |
| 2028 | ~$171,261,806 | ~$171,261,806 | ~1.8978% | ~$3,250,223 | +31.7% |
| 2029 | ~$187,748,890 | ~$187,748,890 | ~1.8403% | ~$3,455,062 | +44.4% |
| 2030 | ~$205,823,158 | ~$205,823,158 | ~1.7827% | ~$3,669,218 | +58.3% |
| 2026 | ~$139,904,117 | ~$139,904,117 | ~2.0705% | ~$2,896,670 | +7.6% |
| 2027 | ~$150,574,367 | ~$150,574,367 | ~2.0705% | ~$3,117,594 | +15.8% |
| 2028 | ~$162,058,419 | ~$162,058,419 | ~2.0705% | ~$3,355,368 | +24.7% |
| 2029 | ~$174,418,340 | ~$174,418,340 | ~2.0705% | ~$3,611,276 | +34.2% |
| 2030 | ~$187,720,932 | ~$187,720,932 | ~2.0705% | ~$3,886,702 | +44.4% |
| 2026 | ~$145,103,717 | ~$142,989,000 | ~1.9841% | ~$2,837,100 | +11.6% |
| 2027 | ~$161,974,681 | ~$157,287,900 | ~1.8978% | ~$2,985,025 | +24.6% |
| 2028 | ~$180,807,202 | ~$173,016,690 | ~1.8115% | ~$3,134,164 | +39.1% |
| 2029 | ~$201,829,349 | ~$190,318,359 | ~1.7252% | ~$3,283,280 | +55.3% |
| 2030 | ~$225,295,706 | ~$209,350,195 | ~1.6388% | ~$3,430,878 | +73.3% |
In 2025, this property's market value of $129,990,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 250× 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 | $129,990,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $152,581,067 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $146,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $102,000,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $90,000,000 | $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.