3499 S F M RD 620 TX
| Owner | AVALON HILL COUNTRY LP |
|---|---|
| Parcel ID | 0126670129 |
| Short ID | 521619 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 553,582 SF |
| Land SF | 3,379,157 SF |
| Acres | 77.575 |
| Year Built | 2013 |
| Legal | LOT 1-2 BLK A VISTA ROYALE SUBD PHS 1 AMD LT 1 BLK A & LT 1 BLK A PHS 2 |
| Neighborhood | 08SW1 |
| Land | $19,186,422 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,186,422 |
| Improvement | $116,813,578 |
|---|---|
| Total Improvement | $116,813,578 |
| Market | $136,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $136,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $136,000,000 |
| Taxable Value | $136,000,000 |
|---|
Appreciation: Market value has risen +30.3% from $104,400,000 (2021) to $136,000,000 (2025), a CAGR of 6.8% over 4 years. This represents moderate, steady growth. 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 lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.7000% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,311,955. Lake Travis ISD is the largest single contributor, at 61.2% 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 14% of market value ($19,186,422 land vs $116,813,578 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $136,000,000, 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 +6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $189,272,239 by 2030, with an estimated annual tax burden around $2,800,902. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 325,000 SF | ✗ |
| SO | Sketch Only | 236,955 SF | ✗ |
| 1ST | 1st Floor | 195,636 SF | ✓ |
| 2ND | 2nd Floor | 195,636 SF | ✓ |
| 3RD | 3rd Floor | 162,310 SF | ✓ |
| MISC | Miscellaneous | 18,037 SF | ✓ |
| 601 | POOL COMM'L | 3,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 480 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 360 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $1,372,404.00 | $1,372,404.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $496,115.40 | $496,115.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $155,790.36 | $155,790.36 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $119,326.68 | $119,326.68 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $73,920.00 | $73,920.00 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $26,400.00 | $26,400.00 | Paid |
| Combined Rate | 1.8761% | 1.7900% | 1.6358% | 1.6789% | 1.7000% | +0.0211% | $2,243,956.44 | $2,243,956.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $133,000,000 | $136,000,000 | -2.2% |
| Assessed Value | $133,000,000 | $136,000,000 | -2.2% |
| Land Value | $19,186,422 | $19,186,422 | +0.0% |
| Improvement Value | $113,813,578 | $116,813,578 | -2.6% |
| Taxable Value | $133,000,000 | $136,000,000 | -2.2% |
| Total Tax 2026 = estimate |
~$2,260,956
Estimated
|
~$2,243,956
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $133,000,000 | $133,000,000 | +0 (+0.0%) |
| Taxable Value | $133,000,000 | $133,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $133,000,000 | $19,186,422 | $113,813,578 | — | $133,000,000 | $133,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $136,000,000 | $19,186,422 | $116,813,578 | — | $136,000,000 | $136,000,000 | ~$2,243,956 | Partial |
| 2024 | $133,000,000 | — | — | −$113,813,578 | $19,186,422 | $— | $2,166,716 | Verified |
| 2023 | $130,227,085 | — | — | −$110,906,613 | $19,320,472 | $— | $2,187,417 | Verified |
| 2022 | $104,900,000 | — | — | −$85,579,528 | $19,320,472 | $— | $2,173,928 | Verified |
| 2021 | $104,400,000 | — | — | −$85,079,528 | $19,320,472 | $— | $1,968,007 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2024 | -4.6% | -4.6% | ~100% | 1.5600% | Verified |
| 2023 | +12.0% | +12.0% | ~100% | 1.5000% | Verified |
| 2022 | +24.1% | +24.1% | ~100% | 1.6700% | Verified |
| 2021 | base year | — | ~100% | 1.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | +5.4% | +7.3% | +24.1% | 2023 | -2.2% | 2026 |
| Assessment Ratio | 100.0% | 44.4% | — | 100.0% | 2025 | 14.4% | 2024 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,243,956 | $2,148,005 | ~$2,601,747 | $2,243,956 | 2025 | $1,968,007 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$145,294,278 | ~$145,294,278 | ~1.6559% | ~$2,405,985 | +6.8% |
| 2027 | ~$155,223,729 | ~$155,223,729 | ~1.6119% | ~$2,502,068 | +14.1% |
| 2028 | ~$165,831,762 | ~$165,831,762 | ~1.5679% | ~$2,600,048 | +21.9% |
| 2029 | ~$177,164,751 | ~$177,164,751 | ~1.5239% | ~$2,699,734 | +30.3% |
| 2030 | ~$189,272,239 | ~$189,272,239 | ~1.4798% | ~$2,800,902 | +39.2% |
| 2026 | ~$142,574,278 | ~$142,574,278 | ~1.7000% | ~$2,423,716 | +4.8% |
| 2027 | ~$149,466,358 | ~$149,466,358 | ~1.7000% | ~$2,540,879 | +9.9% |
| 2028 | ~$156,691,604 | ~$156,691,604 | ~1.7000% | ~$2,663,706 | +15.2% |
| 2029 | ~$164,266,119 | ~$164,266,119 | ~1.7000% | ~$2,792,470 | +20.8% |
| 2030 | ~$172,206,789 | ~$172,206,789 | ~1.7000% | ~$2,927,459 | +26.6% |
| 2026 | ~$148,014,278 | ~$148,014,278 | ~1.6339% | ~$2,418,442 | +8.8% |
| 2027 | ~$161,089,900 | ~$161,089,900 | ~1.5679% | ~$2,525,701 | +18.4% |
| 2028 | ~$175,320,627 | ~$175,320,627 | ~1.5018% | ~$2,633,037 | +28.9% |
| 2029 | ~$190,808,500 | ~$190,808,500 | ~1.4358% | ~$2,739,627 | +40.3% |
| 2030 | ~$207,664,576 | ~$207,664,576 | ~1.3698% | ~$2,844,500 | +52.7% |
In 2025, this property's market value of $136,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 262× 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 | $136,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $133,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $130,227,085 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $104,900,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $104,400,000 | $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.