1901 TORO CANYON RD AUSTIN, TX 78746
| Owner | AUSTIN NEW HOMES LP |
|---|---|
| Parcel ID | 0121130601 |
| Short ID | 121128 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 6,588 SF |
| Land SF | 26,484 SF |
| Acres | 0.608 |
| Year Built | 2023 |
| Legal | LOT 1 BLK B WESTLAKE MADRONES SEC 2 |
| Neighborhood | M5705 |
| Land | $856,387 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $856,387 |
| Improvement | $193,074 |
|---|---|
| Total Improvement | $193,074 |
| Market | $1,049,461 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,049,461 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,049,461 |
| Taxable Value | $1,049,461 |
|---|
Appreciation: Market value has risen +48.0% from $709,073 (2021) to $1,049,461 (2025), a CAGR of 10.3% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 1.4611% in 2025 (-0.0092% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $15,333. Eanes ISD is the largest single contributor, at 57.0% 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 82% of market value ($856,387 land vs $193,074 improvements), about $32/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,049,461, 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 +10.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,713,210 by 2030, with an estimated annual tax burden around $19,901. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 6,588 SF | ✗ |
| 1ST | 1st Floor | 3,974 SF | ✓ |
| 2ND | 2nd Floor | 2,614 SF | ✓ |
| SO | Sketch Only | 2,344 SF | ✗ |
| 051 | CARPORT DET 1ST | 1,120 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 849 SF | ✓ |
| 512 | DECK UNCOVRED | 803 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 340 SF | ✗ |
| 581 | STORAGE ATT | 200 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 199 SF | ✗ |
| 251 | BATHROOM | 9 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 522 | FIREPLACE | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
Market value changed by 187% in 2026, 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% | $8,733.61 | $8,733.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,944.35 | $3,944.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,238.61 | $1,238.61 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $795.49 | $795.49 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $621.28 | $621.28 | Paid |
| Combined Rate | 1.6880% | 1.5616% | 1.4302% | 1.4703% | 1.4611% | -0.0092% | $15,333.34 | $15,333.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,010,967 | $1,049,461 | +186.9% |
| Assessed Value | $3,010,967 | $1,049,461 | +186.9% |
| Land Value | $814,845 | $856,387 | -4.9% |
| Improvement Value | $2,196,122 | $193,074 | +1037.5% |
| Taxable Value | $3,010,967 | $1,049,461 | +186.9% |
| Total Tax 2026 = estimate |
~$43,992
Estimated
|
~$15,333
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,010,967 | $3,010,967 | +0 (+0.0%) |
| Taxable Value | $3,010,967 | $3,010,967 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,010,967 | $814,845 | $2,196,122 | — | $3,010,967 | $3,010,967 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,049,461 | $856,387 | $193,074 | — | $1,049,461 | $1,049,461 | ~$15,333 | Partial |
| 2024 | $1,043,487 | — | — | — | — | $— | $16,851 | Verified |
| 2023 | $1,028,893 | — | — | −$188,893 | $840,000 | $— | $14,924 | Verified |
| 2022 | $698,279 | — | — | — | $840,000 ! | $— | $16,067 | Verified |
| 2021 | $709,073 | — | — | −$214,073 | $495,000 | $— | $11,194 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +186.9% ! | +186.9% | ~100% | Not available | Partial |
| 2025 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2024 | +9.8% | +9.8% | ~100% | 1.4700% | Verified |
| 2023 | +1.4% | +1.4% | ~100% | 1.4300% | Verified |
| 2022 | +47.3% | +47.3% | ~100% | 1.5600% | Verified |
| 2021 | base year | — | ~100% | 1.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +186.9% | +46.9% | -4.1% | +186.9% | 2026 | -1.5% | 2022 |
| Assessment Ratio | 100.0% | 94.3% | — | 120.3% | 2022 | 69.8% | 2021 |
| Effective Tax Rate (2025) | 1.4600% | 1.4600% | — | 1.4600% | 2025 | 1.4600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,333 | $14,874 | ~$18,044 | $16,851 | 2024 | $11,194 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,157,538 | ~$1,154,407 | ~1.4043% | ~$16,212 | +10.3% |
| 2027 | ~$1,276,744 | ~$1,269,848 | ~1.3476% | ~$17,113 | +21.7% |
| 2028 | ~$1,408,227 | ~$1,396,833 | ~1.2909% | ~$18,032 | +34.2% |
| 2029 | ~$1,553,251 | ~$1,536,516 | ~1.2342% | ~$18,963 | +48.0% |
| 2030 | ~$1,713,210 | ~$1,690,167 | ~1.1774% | ~$19,901 | +63.2% |
| 2026 | ~$1,136,548 | ~$1,136,548 | ~1.4611% | ~$16,606 | +8.3% |
| 2027 | ~$1,230,863 | ~$1,230,863 | ~1.4611% | ~$17,984 | +17.3% |
| 2028 | ~$1,333,003 | ~$1,333,003 | ~1.4611% | ~$19,476 | +27.0% |
| 2029 | ~$1,443,620 | ~$1,443,620 | ~1.4611% | ~$21,092 | +37.6% |
| 2030 | ~$1,563,416 | ~$1,563,416 | ~1.4611% | ~$22,843 | +49.0% |
| 2026 | ~$1,178,527 | ~$1,154,407 | ~1.3760% | ~$15,884 | +12.3% |
| 2027 | ~$1,323,466 | ~$1,269,848 | ~1.2909% | ~$16,392 | +26.1% |
| 2028 | ~$1,486,230 | ~$1,396,833 | ~1.2058% | ~$16,843 | +41.6% |
| 2029 | ~$1,669,011 | ~$1,536,516 | ~1.1207% | ~$17,220 | +59.0% |
| 2030 | ~$1,874,271 | ~$1,690,167 | ~1.0356% | ~$17,504 | +78.6% |
In 2025, this property's market value of $1,049,461 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +102% 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 | $1,049,461 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,043,487 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,028,893 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $698,279 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $709,073 | $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.