8718 SOUTHWEST PKWY TX 78735
| Owner | SAINT JUNE LP |
|---|---|
| Parcel ID | 0103400113 |
| Short ID | 784807 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 150,975 SF |
| Land SF | 1,559,012 SF |
| Acres | 35.790 |
| Year Built | 2023 |
| Legal | LOT 1 BLK A AMARRA DRIVE PHS 3 |
| Neighborhood | 59SWE |
| Land | $3,118,025 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,118,025 |
| Improvement | $52,054,603 |
|---|---|
| Total Improvement | $52,054,603 |
| Market | $55,172,628 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $55,172,628 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $55,172,628 |
| Taxable Value | $55,172,628 |
|---|
Appreciation: Market value has risen +1608.7% from $3,229,002 (2021) to $55,172,628 (2025), a CAGR of 103.3% 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 +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 2.0220% in 2025 (+0.0243% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,115,573. Austin ISD is the largest single contributor, at 45.8% 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 6% of market value ($3,118,025 land vs $52,054,603 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $55,172,628, 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 +103.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,916,650,236 by 2030, with an estimated annual tax burden around $1,556,496. 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 | 150,975 SF | ✓ |
Market value changed by 143% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $510,457.15 | $510,457.15 | Paid |
| U1D Travis County MUD # 05 | 0.5375% | 0.4915% | 0.4586% | 0.4405% | 0.4405% | +0.0000% | $243,035.43 | $243,035.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $207,363.56 | $207,363.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $65,116.39 | $65,116.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $57,048.50 | $57,048.50 | Paid |
| E03 Travis County ESD # 03 | 0.0650% | 0.0450% | 0.0400% | 0.0530% | 0.0590% | +0.0060% | $32,551.85 | $32,551.85 | Paid |
| Combined Rate | 2.2382% | 2.0487% | 1.8620% | 1.9977% | 2.0220% | +0.0243% | $1,115,572.88 | $1,115,572.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $53,759,933 | $55,172,628 | -2.6% |
| Assessed Value | $53,759,933 | $55,172,628 | -2.6% |
| Land Value | $3,118,025 | $3,118,025 | +0.0% |
| Improvement Value | $50,641,908 | $52,054,603 | -2.7% |
| Taxable Value | $53,721,939 | $55,172,628 | -2.6% |
| Total Tax 2026 = estimate |
~$1,086,240
Estimated
|
~$1,115,573
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $53,759,933 | $53,759,933 | +0 (+0.0%) |
| Taxable Value | $53,721,939 | $53,721,939 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $53,759,933 | $3,118,025 | $50,641,908 | — | $53,759,933 | $53,721,939 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $55,172,628 | $3,118,025 | $52,054,603 | — | $55,172,628 | $55,172,628 | ~$1,115,573 | Partial |
| 2024 | $12,490,326 | — | — | −$9,372,301 | $3,118,025 | $— | $1,088,754 | Verified |
| 2023 | $5,140,697 | — | — | −$2,022,672 | $3,118,025 | $— | $232,576 | Verified |
| 2022 | $3,146,797 | — | — | −$28,772 | $3,118,025 | $— | $105,319 | Verified |
| 2021 | $3,229,002 | — | — | −$110,977 | $3,118,025 | $— | $70,431 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2024 | +336.3% ! | +336.3% | ~100% | 2.0000% | Verified |
| 2023 | +143.0% ! | +143.0% | ~100% | 1.8600% | Verified |
| 2022 | +63.4% | +63.4% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1653.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +108.6% | +104.4% | +341.7% | 2025 | -2.6% | 2026 |
| Assessment Ratio | 100.0% | 80.2% | — | 100.0% | 2025 | 25.0% | 2024 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,115,573 | $522,530 | ~$1,370,580 | $1,115,573 | 2025 | $70,431 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$112,172,787 | ~$60,689,891 | ~1.9679% | ~$1,194,326 | +103.3% |
| 2027 | ~$228,061,171 | ~$66,758,880 | ~1.9139% | ~$1,277,673 | +313.4% |
| 2028 | ~$463,676,610 | ~$73,434,768 | ~1.8598% | ~$1,365,747 | +740.4% |
| 2029 | ~$942,711,984 | ~$80,778,245 | ~1.8058% | ~$1,458,659 | +1608.7% |
| 2030 | ~$1,916,650,236 | ~$88,856,069 | ~1.7517% | ~$1,556,496 | +3373.9% |
| 2026 | ~$111,069,334 | ~$60,689,891 | ~2.0220% | ~$1,227,130 | +101.3% |
| 2027 | ~$223,596,328 | ~$66,758,880 | ~2.0220% | ~$1,349,843 | +305.3% |
| 2028 | ~$450,127,106 | ~$73,434,768 | ~2.0220% | ~$1,484,828 | +715.9% |
| 2029 | ~$906,161,621 | ~$80,778,245 | ~2.0220% | ~$1,633,310 | +1542.4% |
| 2030 | ~$1,824,215,589 | ~$88,856,069 | ~2.0220% | ~$1,796,641 | +3206.4% |
| 2026 | ~$113,276,240 | ~$60,689,891 | ~1.9409% | ~$1,177,923 | +105.3% |
| 2027 | ~$232,570,151 | ~$66,758,880 | ~1.8598% | ~$1,241,588 | +321.5% |
| 2028 | ~$477,495,329 | ~$73,434,768 | ~1.7787% | ~$1,306,207 | +765.5% |
| 2029 | ~$980,357,058 | ~$80,778,245 | ~1.6977% | ~$1,371,333 | +1676.9% |
| 2030 | ~$2,012,794,476 | ~$88,856,069 | ~1.6166% | ~$1,436,423 | +3548.2% |
In 2025, this property's market value of $55,172,628 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 106× 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 | $55,172,628 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $12,490,326 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,140,697 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,146,797 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,229,002 | $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.