1 REDBUD CV TX 78746
| Owner | ZILKER REDBUD GROUP LLC |
|---|---|
| Parcel ID | 0117210812 |
| Short ID | 117603 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,230 SF |
| Land SF | 47,916 SF |
| Acres | 1.100 |
| Year Built | 1976 |
| Legal | LOT 2 (1.10 ACR) RED BUD PARK SUBD |
| Neighborhood | M5705 |
| Land | $1,145,063 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,145,063 |
| Improvement | $108,452 |
|---|---|
| Total Improvement | $108,452 |
| Market | $1,253,515 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,253,515 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,253,515 |
| Taxable Value | $1,253,515 |
|---|
Appreciation: Market value has risen +99.5% from $628,216 (2021) to $1,253,515 (2025), a CAGR of 18.9% 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 $20,531. 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 91% of market value ($1,145,063 land vs $108,452 improvements), about $24/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 $1,253,515, 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 +18.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,972,728 by 2030, with an estimated annual tax burden around $29,816. 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 | 3,230 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,230 SF | ✗ |
| 512 | DECK UNCOVRED | 440 SF | ✗ |
| 051 | CARPORT DET 1ST | 400 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 172 SF | ✗ |
| 581 | STORAGE ATT | 64 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 3 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $10,431.75 | $10,431.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,711.27 | $4,711.27 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $2,216.00 | $2,216.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,479.44 | $1,479.44 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $950.16 | $950.16 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $742.08 | $742.08 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $20,530.70 | $20,530.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,226,772 | $1,253,515 | -2.1% |
| Assessed Value | $1,226,772 | $1,253,515 | -2.1% |
| Land Value | $953,176 | $1,145,063 | -16.8% |
| Improvement Value | $273,596 | $108,452 | +152.3% |
| Taxable Value | $1,226,772 | $1,253,515 | -2.1% |
| Total Tax 2026 = estimate |
~$20,093
Estimated
|
~$20,531
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,226,772 | $1,226,772 | +0 (+0.0%) |
| Taxable Value | $1,226,772 | $1,226,772 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,226,772 | $953,176 | $273,596 | — | $1,226,772 | $1,226,772 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,253,515 | $1,145,063 | $108,452 | — | $1,253,515 | $1,253,515 | ~$20,531 | Partial |
| 2024 | $1,237,767 | — | — | −$181,767 | $1,056,000 | $— | $19,776 | Verified |
| 2023 | $1,298,149 | — | — | −$242,149 | $1,056,000 | $— | $19,914 | Verified |
| 2022 | $866,800 | — | — | — | $1,056,000 ! | $— | $22,225 | Verified |
| 2021 | $628,216 | — | — | −$34,216 | $594,000 | $— | $15,334 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2025 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2024 | -3.1% | -3.1% | ~100% | 1.6500% | Verified |
| 2023 | -4.7% | -4.7% | ~100% | 1.6100% | Verified |
| 2022 | +46.5% | +46.5% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.1% | +16.5% | +19.4% | +49.8% | 2023 | -4.7% | 2024 |
| Assessment Ratio | 100.0% | 97.2% | — | 121.8% | 2022 | 81.3% | 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 |
$20,531 | $19,556 | ~$25,847 | $22,225 | 2022 | $15,334 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,489,823 | ~$1,378,866 | ~1.6057% | ~$22,140 | +18.9% |
| 2027 | ~$1,770,679 | ~$1,516,753 | ~1.5735% | ~$23,866 | +41.3% |
| 2028 | ~$2,104,481 | ~$1,668,428 | ~1.5413% | ~$25,716 | +67.9% |
| 2029 | ~$2,501,210 | ~$1,835,271 | ~1.5091% | ~$27,696 | +99.5% |
| 2030 | ~$2,972,728 | ~$2,018,798 | ~1.4769% | ~$29,816 | +137.2% |
| 2026 | ~$1,464,753 | ~$1,378,866 | ~1.6379% | ~$22,584 | +16.9% |
| 2027 | ~$1,711,587 | ~$1,516,753 | ~1.6379% | ~$24,842 | +36.5% |
| 2028 | ~$2,000,018 | ~$1,668,428 | ~1.6379% | ~$27,326 | +59.6% |
| 2029 | ~$2,337,053 | ~$1,835,271 | ~1.6379% | ~$30,059 | +86.4% |
| 2030 | ~$2,730,885 | ~$2,018,798 | ~1.6379% | ~$33,065 | +117.9% |
| 2026 | ~$1,514,893 | ~$1,378,866 | ~1.5896% | ~$21,918 | +20.9% |
| 2027 | ~$1,830,773 | ~$1,516,753 | ~1.5413% | ~$23,378 | +46.1% |
| 2028 | ~$2,212,519 | ~$1,668,428 | ~1.4930% | ~$24,910 | +76.5% |
| 2029 | ~$2,673,866 | ~$1,835,271 | ~1.4448% | ~$26,515 | +113.3% |
| 2030 | ~$3,231,410 | ~$2,018,798 | ~1.3965% | ~$28,192 | +157.8% |
In 2025, this property's market value of $1,253,515 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +141% 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 | $1,253,515 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,237,767 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,298,149 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $866,800 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $628,216 | $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.