2600 LAKE AUSTIN BLVD TX 78703
| Owner | TOWN LAKE APARTMENTS LLC |
|---|---|
| Parcel ID | 0110061505 |
| Short ID | 109580 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 239,264 SF |
| Land SF | 522,720 SF |
| Acres | 12.000 |
| Year Built | 1995 |
| Legal | IMPS ONLY ABS 697 SUR 7 SPEAR G W ACR 12.000 |
| Neighborhood | 08CEN |
| Land | $52,272,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $52,272,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $89,104,489 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $89,104,489 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $89,104,489 |
| Taxable Value | $89,104,489 |
|---|
Appreciation: Market value has risen +27.3% from $69,973,200 (2021) to $89,104,489 (2025), a CAGR of 6.2% over 4 years. This represents moderate, steady growth. 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 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 $1,823,510. 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 59% of market value ($52,272,000 land vs $0 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $89,104,489, 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $120,533,952 by 2030, with an estimated annual tax burden around $2,270,549. 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.
25 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 255,805 SF | ✗ |
| 551 | PAVED AREA | 143,000 SF | ✗ |
| 1ST | 1st Floor | 94,131 SF | ✓ |
| 2ND | 2nd Floor | 92,797 SF | ✓ |
| 3RD | 3rd Floor | 52,336 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 18,903 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 17,072 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 13,676 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 11,632 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 8,820 SF | ✓ |
| 581C | STORAGE ATT COMM | 4,150 SF | ✓ |
| 611 | TERRACE | 2,172 SF | ✗ |
| 601 | POOL COMM'L | 870 SF | ✗ |
| 511 | DECK | 790 SF | ✗ |
| MISC | Miscellaneous | 13 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 133 | PLBG 5-FIXT SUP | 1 SF | ✓ |
| 153 | COMMODE SUP | 1 SF | ✓ |
| 163 | LAVATORY SUP | 1 SF | ✓ |
| 173 | SHOWER STALL SUP | 1 SF | ✓ |
| 183 | SINK SUP | 1 SF | ✓ |
| 193 | WATER HTR SUP | 1 SF | ✓ |
| 223 | FOUNTAIN WTR SUP | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 549 | FENCE COMM FV | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 109580 | UNIVERSITY OF TEXAS SYSTEM | 2600 LAKE AUSTIN BLVD 78703 | $52,272,000 | $52,272,000 | $52,272,000 |
| 382903 | TOWN LAKE APARTMENTS LLC | 2600 LAKE AUSTIN BLVD 78703 | $32,957,077 | $32,957,077 | $32,957,077 |
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% | $824,394.73 | $824,394.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $466,922.67 | $466,922.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $334,894.77 | $334,894.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $105,163.79 | $105,163.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $92,134.04 | $92,134.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,823,510.00 | $1,823,510.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $85,229,077 | $89,104,489 | -4.3% |
| Assessed Value | $85,229,077 | $89,104,489 | -4.3% |
| Land Value | $52,272,000 | $52,272,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $85,229,077 | $89,104,489 | -4.3% |
| Total Tax 2026 = estimate |
~$1,744,200
Estimated
|
~$1,823,510
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $85,229,077 | $85,229,077 | +0 (+0.0%) |
| Taxable Value | $85,229,077 | $85,229,077 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $85,229,077 | $52,272,000 | — | — | $85,229,077 | $85,229,077 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $89,104,489 | $52,272,000 | — | — | $89,104,489 | $89,104,489 | ~$1,823,510 | Partial |
| 2024 | $39,986,916 | — | — | — | $52,272,000 ! | $— | $1,646,511 | Verified |
| 2023 | $51,940,000 | — | — | — | $52,272,000 ! | $— | $1,628,631 | Verified |
| 2022 | $39,400,000 | — | — | −$8,036,800 | $31,363,200 | $— | $1,645,174 | Verified |
| 2021 | $69,973,200 | — | — | −$38,610,000 | $31,363,200 | $— | $1,469,570 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2025 | +5.3% | +5.3% | ~100% | Not available | Partial |
| 2024 | -12.5% | -12.5% | ~100% | 1.8900% | Verified |
| 2023 | -23.0% | -23.0% | ~100% | 1.7700% | Verified |
| 2022 | +31.8% | +31.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.3% | +16.7% | +7.2% | +122.8% | 2025 | -43.7% | 2022 |
| Assessment Ratio | 100.0% | 92.6% | — | 130.7% | 2024 | 44.8% | 2021 |
| 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 |
$1,823,510 | $1,642,679 | ~$2,085,018 | $1,823,510 | 2025 | $1,469,570 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$94,654,561 | ~$94,654,561 | ~2.0139% | ~$1,906,283 | +6.2% |
| 2027 | ~$100,550,332 | ~$100,550,332 | ~1.9814% | ~$1,992,292 | +12.8% |
| 2028 | ~$106,813,334 | ~$106,813,334 | ~1.9488% | ~$2,081,620 | +19.9% |
| 2029 | ~$113,466,441 | ~$113,466,441 | ~1.9163% | ~$2,174,347 | +27.3% |
| 2030 | ~$120,533,952 | ~$120,533,952 | ~1.8837% | ~$2,270,549 | +35.3% |
| 2026 | ~$92,872,471 | ~$92,872,471 | ~2.0465% | ~$1,900,621 | +4.2% |
| 2027 | ~$96,799,791 | ~$96,799,791 | ~2.0465% | ~$1,980,993 | +8.6% |
| 2028 | ~$100,893,187 | ~$100,893,187 | ~2.0465% | ~$2,064,764 | +13.2% |
| 2029 | ~$105,159,680 | ~$105,159,680 | ~2.0465% | ~$2,152,077 | +18.0% |
| 2030 | ~$109,606,592 | ~$109,606,592 | ~2.0465% | ~$2,243,082 | +23.0% |
| 2026 | ~$96,436,651 | ~$96,436,651 | ~1.9977% | ~$1,926,479 | +8.2% |
| 2027 | ~$104,372,156 | ~$104,372,156 | ~1.9488% | ~$2,034,046 | +17.1% |
| 2028 | ~$112,960,652 | ~$112,960,652 | ~1.9000% | ~$2,146,271 | +26.8% |
| 2029 | ~$122,255,872 | ~$122,255,872 | ~1.8512% | ~$2,263,193 | +37.2% |
| 2030 | ~$132,315,969 | ~$132,315,969 | ~1.8024% | ~$2,384,825 | +48.5% |
In 2025, this property's market value of $89,104,489 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 171× 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 | $89,104,489 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $39,986,916 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $51,940,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $39,400,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $69,973,200 | $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.