1717 TOOMEY RD TX 78704
| Owner | MOBILE MANOR INC |
|---|---|
| Parcel ID | 0105020431 |
| Short ID | 796434 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 116,474 SF |
| Land SF | 89,734 SF |
| Acres | 2.060 |
| Year Built | 2013 |
| Legal | LOT 2 WALLACE KENNETH SUBD |
| Neighborhood | 08SC |
| Land | $15,703,380 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,703,380 |
| Improvement | $71,376,620 |
|---|---|
| Total Improvement | $71,376,620 |
| Market | $87,080,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $87,080,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $87,080,000 |
| Taxable Value | $87,080,000 |
|---|
Appreciation: Market value has risen +20.1% from $72,500,000 (2021) to $87,080,000 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,782,079. 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 18% of market value ($15,703,380 land vs $71,376,620 improvements), about $175/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $87,080,000, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $109,494,912 by 2030, with an estimated annual tax burden around $2,062,602. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 123,998 SF | ✓ |
| 3RD | 3rd Floor | 41,029 SF | ✓ |
| 4TH | 4th Floor | 41,029 SF | ✓ |
| 5TH | 5th Floor | 41,029 SF | ✓ |
| 2ND | 2nd Floor | 37,837 SF | ✓ |
| 1ST | 1st Floor | 37,608 SF | ✓ |
| MISC | Miscellaneous | 7,461 SF | ✓ |
| 601 | POOL COMM'L | 1,200 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 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% | $786,420.00 | $786,420.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $445,414.45 | $445,414.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $319,468.25 | $319,468.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $100,319.55 | $100,319.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $87,890.00 | $87,890.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,739,512.25 | $1,739,512.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $76,410,000 | $87,080,000 | -12.3% |
| Assessed Value | $76,410,000 | $87,080,000 | -12.3% |
| Land Value | $15,703,380 | $15,703,380 | +0.0% |
| Improvement Value | $60,706,620 | $71,376,620 | -14.9% |
| Taxable Value | $76,410,000 | $87,080,000 | -12.3% |
| Total Tax 2026 = estimate |
~$1,563,719
Estimated
|
~$1,739,512
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $78,928,073 | $76,410,000 | -2,518,073 (-3.2%) |
| Taxable Value | $78,928,073 | $76,410,000 | -2,518,073 (-3.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $76,410,000 | $15,703,380 | $60,706,620 | — | $76,410,000 | $76,410,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $87,080,000 | $15,703,380 | $71,376,620 | — | $87,080,000 | $87,080,000 | ~$1,739,512 | Partial |
| 2024 | $98,900,000 | — | — | −$83,196,620 | $15,703,380 | $— | $1,860,747 | Verified |
| 2023 | $94,250,000 | — | — | −$78,546,620 | $15,703,380 | $— | $1,793,743 | Verified |
| 2022 | $72,500,000 | — | — | −$63,975,308 | $8,524,692 | $— | $1,865,767 | Verified |
| 2021 | $72,500,000 | — | — | −$63,975,308 | $8,524,692 | $— | $1,581,121 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2025 | -9.8% | -9.8% | ~100% | Not available | Partial |
| 2024 | -6.6% | -6.6% | ~100% | 1.9300% | Verified |
| 2023 | +4.7% | +4.7% | ~100% | 1.7400% | Verified |
| 2022 | +30.9% | +30.9% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.3% | +2.1% | +7.6% | +30.0% | 2023 | -12.3% | 2026 |
| Assessment Ratio | 100.0% | 42.7% | — | 100.0% | 2025 | 11.8% | 2021 |
| 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 |
$1,739,512 | $1,768,178 | ~$1,948,168 | $1,865,767 | 2022 | $1,581,121 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$91,161,933 | ~$91,161,933 | ~2.0139% | ~$1,835,943 | +4.7% |
| 2027 | ~$95,435,209 | ~$95,435,209 | ~1.9814% | ~$1,890,942 | +9.6% |
| 2028 | ~$99,908,797 | ~$99,908,797 | ~1.9488% | ~$1,947,062 | +14.7% |
| 2029 | ~$104,592,088 | ~$104,592,088 | ~1.9163% | ~$2,004,289 | +20.1% |
| 2030 | ~$109,494,912 | ~$109,494,912 | ~1.8837% | ~$2,062,602 | +25.7% |
| 2026 | ~$89,420,333 | ~$89,420,333 | ~2.0465% | ~$1,829,974 | +2.7% |
| 2027 | ~$91,823,563 | ~$91,823,563 | ~2.0465% | ~$1,879,155 | +5.4% |
| 2028 | ~$94,291,382 | ~$94,291,382 | ~2.0465% | ~$1,929,659 | +8.3% |
| 2029 | ~$96,825,526 | ~$96,825,526 | ~2.0465% | ~$1,981,520 | +11.2% |
| 2030 | ~$99,427,776 | ~$99,427,776 | ~2.0465% | ~$2,034,775 | +14.2% |
| 2026 | ~$92,903,533 | ~$92,903,533 | ~1.9977% | ~$1,855,899 | +6.7% |
| 2027 | ~$99,116,518 | ~$99,116,518 | ~1.9488% | ~$1,931,622 | +13.8% |
| 2028 | ~$105,745,001 | ~$105,745,001 | ~1.9000% | ~$2,009,173 | +21.4% |
| 2029 | ~$112,816,768 | ~$112,816,768 | ~1.8512% | ~$2,088,457 | +29.6% |
| 2030 | ~$120,361,464 | ~$120,361,464 | ~1.8024% | ~$2,169,360 | +38.2% |
In 2025, this property's market value of $87,080,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 168× 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 | $87,080,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $98,900,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $94,250,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $72,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $72,500,000 | $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.