5815 MESA DR TX 78731
| Owner | POST APARTMENT HOMES LP |
|---|---|
| Parcel ID | 0133071801 |
| Short ID | 772877 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 161,540 SF |
| Land SF | 1,053,233 SF |
| Acres | 24.179 |
| Year Built | 1991 |
| Legal | UNT 1-17 PARK MESA CONDOMINIUM & COMMON AREA & COMMON AREA |
| Neighborhood | 08NWW |
| Land | $4,212,932 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,212,932 |
| Improvement | $39,657,068 |
|---|---|
| Total Improvement | $39,657,068 |
| Market | $43,870,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,870,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,870,000 |
| Taxable Value | $43,870,000 |
|---|
Appreciation: Market value has risen +37.7% from $31,870,000 (2021) to $43,870,000 (2025), a CAGR of 8.3% 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 lagged 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 $897,793. 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 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 10% of market value ($4,212,932 land vs $39,657,068 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~35 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,870,000, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $65,410,821 by 2030, with an estimated annual tax burden around $1,232,171. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 165,222 SF | ✗ |
| 551 | PAVED AREA | 96,000 SF | ✗ |
| 1ST | 1st Floor | 84,745 SF | ✓ |
| 2ND | 2nd Floor | 76,795 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 14,910 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 12,048 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 10,752 SF | ✓ |
| 571C | STORAGE DET COMM | 2,604 SF | ✓ |
| 601 | POOL COMM'L | 1,539 SF | ✗ |
| 611 | TERRACE | 1,215 SF | ✗ |
| 482 | LIGHT POLES | 28 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | 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% | $379,332.00 | $379,332.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $214,846.97 | $214,846.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $154,096.45 | $154,096.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,389.43 | $48,389.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $42,394.00 | $42,394.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $839,058.85 | $839,058.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,230,000 | $43,870,000 | -6.0% |
| Assessed Value | $41,230,000 | $43,870,000 | -6.0% |
| Land Value | $4,212,932 | $4,212,932 | +0.0% |
| Improvement Value | $37,017,068 | $39,657,068 | -6.7% |
| Taxable Value | $41,230,000 | $43,870,000 | -6.0% |
| Total Tax 2026 = estimate |
~$843,766
Estimated
|
~$839,059
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $41,230,000 | $41,230,000 | +0 (+0.0%) |
| Taxable Value | $41,230,000 | $41,230,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $41,230,000 | $4,212,932 | $37,017,068 | — | $41,230,000 | $41,230,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $43,870,000 | $4,212,932 | $39,657,068 | — | $43,870,000 | $43,870,000 | ~$839,059 | Partial |
| 2024 | $46,500,000 | — | — | −$42,287,068 | $4,212,932 | $— | $880,286 | Verified |
| 2023 | $44,200,000 | — | — | −$39,987,068 | $4,212,932 | $— | $843,272 | Verified |
| 2022 | $32,644,042 | — | — | −$28,431,110 | $4,212,932 | $— | $873,558 | Verified |
| 2021 | $31,870,000 | — | — | −$27,657,068 | $4,212,932 | $— | $710,556 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2025 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 1.9200% | Verified |
| 2023 | +8.1% | +8.1% | ~100% | 1.7400% | Verified |
| 2022 | +37.4% | +37.4% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.0% | +6.3% | +9.7% | +35.4% | 2023 | -6.0% | 2026 |
| Assessment Ratio | 100.0% | 40.8% | — | 100.0% | 2025 | 9.1% | 2024 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$839,059 | $829,346 | ~$1,090,545 | $880,286 | 2024 | $710,556 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$47,518,643 | ~$47,518,643 | ~2.0139% | ~$956,995 | +8.3% |
| 2027 | ~$51,470,741 | ~$51,470,741 | ~1.9814% | ~$1,019,835 | +17.3% |
| 2028 | ~$55,751,533 | ~$55,751,533 | ~1.9488% | ~$1,086,508 | +27.1% |
| 2029 | ~$60,388,356 | ~$60,388,356 | ~1.9163% | ~$1,157,217 | +37.7% |
| 2030 | ~$65,410,821 | ~$65,410,821 | ~1.8837% | ~$1,232,171 | +49.1% |
| 2026 | ~$46,641,243 | ~$46,641,243 | ~2.0465% | ~$954,506 | +6.3% |
| 2027 | ~$49,587,543 | ~$49,587,543 | ~2.0465% | ~$1,014,802 | +13.0% |
| 2028 | ~$52,719,960 | ~$52,719,960 | ~2.0465% | ~$1,078,906 | +20.2% |
| 2029 | ~$56,050,249 | ~$56,050,249 | ~2.0465% | ~$1,147,060 | +27.8% |
| 2030 | ~$59,590,911 | ~$59,590,911 | ~2.0465% | ~$1,219,519 | +35.8% |
| 2026 | ~$48,396,043 | ~$48,257,000 | ~1.9977% | ~$964,012 | +10.3% |
| 2027 | ~$53,389,035 | ~$53,082,700 | ~1.9488% | ~$1,034,497 | +21.7% |
| 2028 | ~$58,897,151 | ~$58,390,970 | ~1.9000% | ~$1,109,438 | +34.3% |
| 2029 | ~$64,973,536 | ~$64,230,067 | ~1.8512% | ~$1,189,023 | +48.1% |
| 2030 | ~$71,676,818 | ~$70,653,074 | ~1.8024% | ~$1,273,431 | +63.4% |
In 2025, this property's market value of $43,870,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 84× 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 | $43,870,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $46,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $44,200,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $32,644,042 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $31,870,000 | $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.