3702 BRIDLE PATH TX 78703
| Owner | LAKE ELLEN M |
|---|---|
| Parcel ID | 0116090210 |
| Short ID | 116384 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,056 SF |
| Land SF | 10,039 SF |
| Acres | 0.230 |
| Year Built | 1960 |
| Legal | LOT 3 SHELTON J G SUBD NO 3 |
| Neighborhood | XSMF1 |
| Land | $1,014,922 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,014,922 |
| Improvement | $309,400 |
|---|---|
| Total Improvement | $309,400 |
| Market | $1,324,322 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,324,322 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,324,322 |
| Taxable Value | $1,324,322 |
|---|
Appreciation: Market value has risen +54.2% from $858,889 (2021) to $1,324,322 (2025), a CAGR of 11.4% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $27,102. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 77% of market value ($1,014,922 land vs $309,400 improvements), about $101/SF of land. With value concentrated in the land under a ~66-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 $1,324,322, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,275,434 by 2030, with an estimated annual tax burden around $40,177. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,056 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,056 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 289 SF | ✗ |
| 061 | CARPORT ATT 1ST | 225 SF | ✗ |
| 612 | TERRACE UNCOVERD | 180 SF | ✗ |
| 581 | STORAGE ATT | 158 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 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% | $12,251.59 | $12,251.59 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,939.09 | $6,939.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,976.98 | $4,976.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,562.87 | $1,562.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,369.23 | $1,369.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,099.76 | $27,099.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,324,210 | $1,324,322 | -0.0% |
| Assessed Value | $1,324,210 | $1,324,322 | -0.0% |
| Land Value | $1,268,652 | $1,014,922 | +25.0% |
| Improvement Value | $55,558 | $309,400 | -82.0% |
| Taxable Value | $1,324,210 | $1,324,322 | -0.0% |
| Total Tax 2026 = estimate |
~$27,100
Estimated
|
~$27,100
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,324,210 | $1,324,210 | +0 (+0.0%) |
| Taxable Value | $1,324,210 | $1,324,210 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,324,210 | $1,268,652 | $55,558 | — | $1,324,210 | $1,324,210 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,324,322 | $1,014,922 | $309,400 | — | $1,324,322 | $1,324,322 | ~$27,100 | Partial |
| 2024 | $1,171,000 | — | — | −$304,750 | $866,250 | $— | $23,298 | Verified |
| 2023 | $1,400,000 | — | — | −$162,500 | $1,237,500 | $— | $21,186 | Verified |
| 2022 | $1,098,102 | — | — | — | $1,237,500 ! | $— | $27,649 | Verified |
| 2021 | $858,889 | — | — | −$253,889 | $605,000 | $— | $23,902 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2025 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2024 | -16.0% | -16.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.5100% | Verified |
| 2022 | +27.5% | +27.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +-0.0% | +10.4% | +11.4% | +27.9% | 2022 | -16.4% | 2024 |
| Assessment Ratio | 100.0% | 90.9% | — | 112.7% | 2022 | 70.4% | 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 |
$27,100 | $24,627 | ~$34,555 | $27,649 | 2022 | $21,186 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,475,733 | ~$1,456,754 | ~2.0139% | ~$29,338 | +11.4% |
| 2027 | ~$1,644,455 | ~$1,602,430 | ~1.9814% | ~$31,750 | +24.2% |
| 2028 | ~$1,832,466 | ~$1,762,673 | ~1.9488% | ~$34,352 | +38.4% |
| 2029 | ~$2,041,974 | ~$1,938,940 | ~1.9163% | ~$37,156 | +54.2% |
| 2030 | ~$2,275,434 | ~$2,132,834 | ~1.8837% | ~$40,177 | +71.8% |
| 2026 | ~$1,449,246 | ~$1,449,246 | ~2.0465% | ~$29,659 | +9.4% |
| 2027 | ~$1,585,955 | ~$1,585,955 | ~2.0465% | ~$32,456 | +19.8% |
| 2028 | ~$1,735,559 | ~$1,735,559 | ~2.0465% | ~$35,518 | +31.1% |
| 2029 | ~$1,899,276 | ~$1,899,276 | ~2.0465% | ~$38,868 | +43.4% |
| 2030 | ~$2,078,436 | ~$2,078,436 | ~2.0465% | ~$42,535 | +56.9% |
| 2026 | ~$1,502,219 | ~$1,456,754 | ~1.9977% | ~$29,101 | +13.4% |
| 2027 | ~$1,704,014 | ~$1,602,430 | ~1.9488% | ~$31,229 | +28.7% |
| 2028 | ~$1,932,915 | ~$1,762,673 | ~1.9000% | ~$33,491 | +46.0% |
| 2029 | ~$2,192,565 | ~$1,938,940 | ~1.8512% | ~$35,894 | +65.6% |
| 2030 | ~$2,487,094 | ~$2,132,834 | ~1.8024% | ~$38,442 | +87.8% |
In 2025, this property's market value of $1,324,322 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +155% above 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 | $1,324,322 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,171,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,400,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,098,102 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $858,889 | $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.