9 REDBUD CV TX 78746
| Owner | ZILKER REDBUD GROUP LLC |
|---|---|
| Parcel ID | 0117210810 |
| Short ID | 117601 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 5,663 SF |
| Land SF | 58,370 SF |
| Acres | 1.340 |
| Year Built | 1976 |
| Legal | LOT 4 (1.34 ACR) RED BUD PARK SUBD |
| Neighborhood | M5705 |
| Land | $1,228,537 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,228,537 |
| Improvement | $226,826 |
|---|---|
| Total Improvement | $226,826 |
| Market | $1,455,363 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,455,363 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,455,363 |
| Taxable Value | $1,455,363 |
|---|
Appreciation: Market value has risen +114.0% from $679,919 (2021) to $1,455,363 (2025), a CAGR of 21.0% 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 6 taxing entities is 1.6379% in 2025 (-0.0111% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $23,837. Eanes ISD is the largest single contributor, at 50.8% 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 84% of market value ($1,228,537 land vs $226,826 improvements), about $21/SF of land. With value concentrated in the land under a ~50-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 $1,455,363, 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 +21.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,768,027 by 2030, with an estimated annual tax burden around $34,618. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,663 SF | ✗ |
| 1ST | 1st Floor | 3,766 SF | ✓ |
| 2ND | 2nd Floor | 1,897 SF | ✓ |
| 512 | DECK UNCOVRED | 1,317 SF | ✗ |
| SO | Sketch Only | 1,052 SF | ✗ |
| 051 | CARPORT DET 1ST | 880 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 651 SF | ✗ |
| 581 | STORAGE ATT | 176 SF | ✓ |
| 251 | BATHROOM | 8 SF | ✓ |
| 522 | FIREPLACE | 4 SF | ✓ |
Market value changed by 86% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $12,111.53 | $12,111.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,469.91 | $5,469.91 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $2,572.83 | $2,572.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,717.66 | $1,717.66 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $1,103.17 | $1,103.17 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $861.57 | $861.57 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $23,836.67 | $23,836.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,455,363 | $1,455,363 | +0.0% |
| Assessed Value | $1,455,363 | $1,455,363 | +0.0% |
| Land Value | $1,018,342 | $1,228,537 | -17.1% |
| Improvement Value | $437,021 | $226,826 | +92.7% |
| Taxable Value | $1,455,363 | $1,455,363 | +0.0% |
| Total Tax 2026 = estimate |
~$23,837
Estimated
|
~$23,837
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,491,544 | $1,455,363 | -36,181 (-2.4%) |
| Taxable Value | $1,491,544 | $1,455,363 | -36,181 (-2.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,455,363 | $1,018,342 | $437,021 | — | $1,455,363 | $1,455,363 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,455,363 | $1,228,537 | $226,826 | — | $1,455,363 | $1,455,363 | ~$23,837 | Partial |
| 2024 | $1,481,337 | — | — | −$381,337 | $1,100,000 | $— | $23,955 | Verified |
| 2023 | $1,575,890 | — | — | −$475,890 | $1,100,000 | $— | $23,832 | Verified |
| 2022 | $849,085 | — | — | — | $1,100,000 ! | $— | $26,980 | Verified |
| 2021 | $679,919 | — | — | −$61,169 | $618,750 | $— | $15,000 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | -1.9% | -1.9% | ~100% | 1.6500% | Verified |
| 2023 | -6.0% | -6.0% | ~100% | 1.6100% | Verified |
| 2022 | +85.6% ! | +85.6% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +71.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +20.5% | +21.0% | +85.6% | 2023 | -6.0% | 2024 |
| Assessment Ratio | 100.0% | 94.1% | — | 129.6% | 2022 | 69.8% | 2023 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,837 | $22,721 | ~$30,009 | $26,980 | 2022 | $15,000 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,760,353 | ~$1,600,899 | ~1.6057% | ~$25,705 | +21.0% |
| 2027 | ~$2,129,259 | ~$1,760,989 | ~1.5735% | ~$27,709 | +46.3% |
| 2028 | ~$2,575,473 | ~$1,937,088 | ~1.5413% | ~$29,856 | +77.0% |
| 2029 | ~$3,115,197 | ~$2,130,797 | ~1.5091% | ~$32,156 | +114.0% |
| 2030 | ~$3,768,027 | ~$2,343,877 | ~1.4769% | ~$34,618 | +158.9% |
| 2026 | ~$1,731,246 | ~$1,600,899 | ~1.6379% | ~$26,220 | +19.0% |
| 2027 | ~$2,059,427 | ~$1,760,989 | ~1.6379% | ~$28,842 | +41.5% |
| 2028 | ~$2,449,818 | ~$1,937,088 | ~1.6379% | ~$31,727 | +68.3% |
| 2029 | ~$2,914,213 | ~$2,130,797 | ~1.6379% | ~$34,899 | +100.2% |
| 2030 | ~$3,466,640 | ~$2,343,877 | ~1.6379% | ~$38,389 | +138.2% |
| 2026 | ~$1,789,461 | ~$1,600,899 | ~1.5896% | ~$25,448 | +23.0% |
| 2027 | ~$2,200,255 | ~$1,760,989 | ~1.5413% | ~$27,142 | +51.2% |
| 2028 | ~$2,705,352 | ~$1,937,088 | ~1.4930% | ~$28,921 | +85.9% |
| 2029 | ~$3,326,401 | ~$2,130,797 | ~1.4448% | ~$30,785 | +128.6% |
| 2030 | ~$4,090,020 | ~$2,343,877 | ~1.3965% | ~$32,732 | +181.0% |
In 2025, this property's market value of $1,455,363 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +180% 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 | $1,455,363 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,481,337 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,575,890 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $849,085 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $679,919 | $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.