1611 W 5 ST TX 78703
| Owner | MUELLER R G JR PARTNERSHIP LP |
|---|---|
| Parcel ID | 0107050302 |
| Short ID | 105459 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 137,862 SF |
| Land SF | 138,521 SF |
| Acres | 3.180 |
| Year Built | 2008 |
| Legal | ABS 697 SUR 7 SPEAR G W ACR 3.18 |
| Neighborhood | 08CEN |
| Land | $34,630,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $34,630,250 |
| Improvement | $26,669,750 |
|---|---|
| Total Improvement | $26,669,750 |
| Market | $61,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $61,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $61,300,000 |
| Taxable Value | $61,300,000 |
|---|
Appreciation: Market value has risen +684.2% from $7,816,423 (2021) to $61,300,000 (2025), a CAGR of 67.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,254,495. 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 56% of market value ($34,630,250 land vs $26,669,750 improvements), about $250/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $61,300,000, 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 +67.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $804,499,911 by 2030, with an estimated annual tax burden around $1,859,711. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 140,000 SF | ✓ |
| 2ND | 2nd Floor | 47,515 SF | ✓ |
| 3RD | 3rd Floor | 47,515 SF | ✓ |
| 1ST | 1st Floor | 42,832 SF | ✓ |
| 4TH | 4th Floor | 34,178 SF | ✓ |
| MISC | Miscellaneous | 3,517 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 1,672 SF | ✗ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 581C | STORAGE ATT COMM | 480 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 130 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% | $539,854.20 | $539,854.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $305,763.92 | $305,763.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $219,305.56 | $219,305.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $68,866.42 | $68,866.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $60,333.90 | $60,333.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,194,124.00 | $1,194,124.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,412,795 | $61,300,000 | -4.7% |
| Assessed Value | $58,412,795 | $61,300,000 | -4.7% |
| Land Value | $34,630,250 | $34,630,250 | +0.0% |
| Improvement Value | $23,782,545 | $26,669,750 | -10.8% |
| Taxable Value | $58,412,795 | $61,300,000 | -4.7% |
| Total Tax 2026 = estimate |
~$1,195,409
Estimated
|
~$1,194,124
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $58,412,795 | $58,412,795 | +0 (+0.0%) |
| Taxable Value | $58,412,795 | $58,412,795 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $58,412,795 | $34,630,250 | $23,782,545 | — | $58,412,795 | $58,412,795 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $61,300,000 | $34,630,250 | $26,669,750 | — | $61,300,000 | $61,300,000 | ~$1,194,124 | Partial |
| 2024 | $64,500,000 | — | — | — | — | $— | $1,208,981 | Verified |
| 2023 | $61,300,000 | — | — | — | — | $— | $1,171,579 | Verified |
| 2022 | $53,250,000 | — | — | — | — | $— | $1,213,115 | Verified |
| 2021 | $7,816,423 | — | — | — | — | $— | $1,160,601 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2025 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2024 | -9.0% | -9.0% | ~100% | 1.9200% | Verified |
| 2023 | +8.4% | +8.4% | ~100% | 1.6900% | Verified |
| 2022 | +16.7% | +16.7% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 14.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.7% | +118.4% | +69.0% | +581.3% | 2022 | -5.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$1,194,124 | $1,189,680 | ~$1,599,457 | $1,213,115 | 2022 | $1,160,601 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$102,582,571 | ~$67,430,000 | ~2.0139% | ~$1,357,997 | +67.3% |
| 2027 | ~$171,666,947 | ~$74,173,000 | ~1.9814% | ~$1,469,655 | +180.0% |
| 2028 | ~$287,276,294 | ~$81,590,300 | ~1.9488% | ~$1,590,064 | +368.6% |
| 2029 | ~$480,742,918 | ~$89,749,330 | ~1.9163% | ~$1,719,858 | +684.2% |
| 2030 | ~$804,499,911 | ~$98,724,263 | ~1.8837% | ~$1,859,711 | +1212.4% |
| 2026 | ~$101,356,571 | ~$67,430,000 | ~2.0465% | ~$1,379,945 | +65.3% |
| 2027 | ~$167,588,165 | ~$74,173,000 | ~2.0465% | ~$1,517,939 | +173.4% |
| 2028 | ~$277,098,886 | ~$81,590,300 | ~2.0465% | ~$1,669,733 | +352.0% |
| 2029 | ~$458,169,542 | ~$89,749,330 | ~2.0465% | ~$1,836,707 | +647.4% |
| 2030 | ~$757,561,073 | ~$98,724,263 | ~2.0465% | ~$2,020,377 | +1135.8% |
| 2026 | ~$103,808,571 | ~$67,430,000 | ~1.9977% | ~$1,347,024 | +69.3% |
| 2027 | ~$175,794,770 | ~$74,173,000 | ~1.9488% | ~$1,445,513 | +186.8% |
| 2028 | ~$297,699,901 | ~$81,590,300 | ~1.9000% | ~$1,550,229 | +385.6% |
| 2029 | ~$504,140,314 | ~$89,749,330 | ~1.8512% | ~$1,661,434 | +722.4% |
| 2030 | ~$853,737,123 | ~$98,724,263 | ~1.8024% | ~$1,779,378 | +1292.7% |
In 2025, this property's market value of $61,300,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 118× 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 | $61,300,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $64,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $61,300,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $53,250,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $7,816,423 | $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.