1221 BARTON HILLS DR TX 78704
| Owner | PARKSIDE CHAPARRAL APARTMENTS |
|---|---|
| Parcel ID | 0104071209 |
| Short ID | 104252 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 23,790 SF |
| Land SF | 46,336 SF |
| Acres | 1.064 |
| Year Built | 1973 |
| Legal | LOT 18 BLK 2 BARTON HOLLOW |
| Neighborhood | 06SC |
| Land | $6,950,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,950,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,550,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,550,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,550,000 |
| Taxable Value | $6,550,000 |
|---|
Appreciation: Market value has risen +48.8% from $4,401,150 (2021) to $6,550,000 (2025), a CAGR of 10.5% 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 +37.9%, 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 $134,045. 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 106% of market value ($6,950,400 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~53-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,550,000, 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 +10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,766,764 by 2030, with an estimated annual tax burden around $198,713. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 43,365 SF | ✗ |
| SO | Sketch Only | 29,075 SF | ✗ |
| 1ST | 1st Floor | 7,930 SF | ✓ |
| 2ND | 2nd Floor | 7,930 SF | ✓ |
| 3RD | 3rd Floor | 7,930 SF | ✓ |
| 591 | MASONRY TRIM SF | 6,300 SF | ✗ |
| 487 | PARKING UNDER | 3,870 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,634 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,040 SF | ✗ |
| 511 | DECK | 1,614 SF | ✗ |
| 611 | TERRACE | 1,203 SF | ✗ |
| 581C | STORAGE ATT COMM | 900 SF | ✓ |
| 601 | POOL COMM'L | 576 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $60,600.60 | $60,600.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,323.11 | $34,323.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,617.85 | $24,617.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,730.51 | $7,730.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,772.70 | $6,772.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $134,044.77 | $134,044.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,560,000 | $6,550,000 | +0.2% |
| Assessed Value | $6,560,000 | $6,550,000 | +0.2% |
| Land Value | $6,950,400 | $6,950,400 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $6,560,000 | $6,550,000 | +0.2% |
| Total Tax 2026 = estimate |
~$134,249
Estimated
|
~$134,045
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,612,800 | $6,560,000 | -1,052,800 (-13.8%) |
| Taxable Value | $7,612,800 | $6,560,000 | -1,052,800 (-13.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,560,000 | $6,950,400 | — | — | $6,560,000 | $6,560,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,550,000 | $6,950,400 | — | — | $6,550,000 | $6,550,000 | ~$134,045 | Partial |
| 2024 | $6,518,464 | — | — | — | $6,950,400 ! | $— | $143,702 | Verified |
| 2023 | $5,415,751 | — | — | — | $6,518,464 ! | $— | $117,935 | Verified |
| 2022 | $4,758,000 | — | — | −$2,209,520 | $2,548,480 | $— | $106,957 | Verified |
| 2021 | $4,401,150 | — | — | −$1,852,670 | $2,548,480 | $— | $103,566 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.2% | +16.2% | ~100% | Not available | Partial |
| 2025 | -9.7% | -9.7% | ~100% | Not available | Partial |
| 2024 | +11.2% | +11.2% | ~100% | 1.9800% | Verified |
| 2023 | +20.4% | +20.4% | ~100% | 1.8100% | Verified |
| 2022 | +13.8% | +13.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +8.6% | +10.4% | +20.4% | 2024 | +0.2% | 2026 |
| Assessment Ratio | 100.0% | 89.8% | — | 120.4% | 2023 | 53.6% | 2022 |
| 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 |
$134,045 | $121,241 | ~$170,905 | $143,702 | 2024 | $103,566 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,234,526 | ~$7,205,000 | ~2.0139% | ~$145,104 | +10.5% |
| 2027 | ~$7,990,590 | ~$7,925,500 | ~1.9814% | ~$157,035 | +22.0% |
| 2028 | ~$8,825,669 | ~$8,718,050 | ~1.9488% | ~$169,901 | +34.7% |
| 2029 | ~$9,748,020 | ~$9,589,855 | ~1.9163% | ~$183,770 | +48.8% |
| 2030 | ~$10,766,764 | ~$10,548,841 | ~1.8837% | ~$198,713 | +64.4% |
| 2026 | ~$7,103,526 | ~$7,103,526 | ~2.0465% | ~$145,373 | +8.5% |
| 2027 | ~$7,703,829 | ~$7,703,829 | ~2.0465% | ~$157,658 | +17.6% |
| 2028 | ~$8,354,863 | ~$8,354,863 | ~2.0465% | ~$170,981 | +27.6% |
| 2029 | ~$9,060,914 | ~$9,060,914 | ~2.0465% | ~$185,430 | +38.3% |
| 2030 | ~$9,826,632 | ~$9,826,632 | ~2.0465% | ~$201,101 | +50.0% |
| 2026 | ~$7,365,526 | ~$7,205,000 | ~1.9977% | ~$143,932 | +12.5% |
| 2027 | ~$8,282,591 | ~$7,925,500 | ~1.9488% | ~$154,455 | +26.5% |
| 2028 | ~$9,313,838 | ~$8,718,050 | ~1.9000% | ~$165,644 | +42.2% |
| 2029 | ~$10,473,484 | ~$9,589,855 | ~1.8512% | ~$177,527 | +59.9% |
| 2030 | ~$11,777,514 | ~$10,548,841 | ~1.8024% | ~$190,129 | +79.8% |
In 2025, this property's market value of $6,550,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 13× 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 | $6,550,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,518,464 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,415,751 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,758,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,401,150 | $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.