2516 UNIVERSITY CLUB DR MU2 TX 78669
| Owner | VARSITY GOLF CLUB LTD |
|---|---|
| Parcel ID | 0139440503 |
| Short ID | 809425 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 1,960 SF |
| Land SF | 62,372 SF |
| Acres | 1.432 |
| Year Built | 2013 |
| Legal | UNT MU2 STEINER RANCH MU8 MASTER CONDOMINIUMS PLUS 8.74 % INT IN COM AREA |
| Neighborhood | 92FNW |
| Land | $187,117 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $187,117 |
| Improvement | $665,000 |
|---|---|
| Total Improvement | $665,000 |
| Market | $852,117 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $852,117 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $852,117 |
| Taxable Value | $852,117 |
|---|
Appreciation: Market value has risen +113.4% from $399,337 (2021) to $852,117 (2025), a CAGR of 20.9% 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 7 taxing entities is 1.9702% in 2025 (+0.0356% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,788. Leander ISD is the largest single contributor, at 55.2% 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 22% of market value ($187,117 land vs $665,000 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $852,117, 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 +20.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,197,601 by 2030, with an estimated annual tax burden around $20,963. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 611 | TERRACE | 13,539 SF | ✗ |
| 601 | POOL COMM'L | 4,465 SF | ✗ |
| 501 | CANOPY | 2,358 SF | ✗ |
| 1ST | 1st Floor | 1,960 SF | ✓ |
| 435 | FENCE IRON LF | 1,000 SF | ✗ |
| 327 | STORAGE COMM'L | 128 SF | ✓ |
Market value changed by 78% 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $9,261.66 | $9,261.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,202.64 | $3,202.64 | Paid |
| WSR WCID # 17 (Steiner Ranch) | 0.2565% | 0.1887% | 0.1781% | 0.1531% | 0.1396% | -0.0135% | $1,189.56 | $1,189.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,005.69 | $1,005.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $881.09 | $881.09 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $770.31 | $770.31 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $477.19 | $477.19 | Paid |
| Combined Rate | 2.3243% | 2.1199% | 1.9271% | 1.9346% | 1.9702% | +0.0356% | $16,788.14 | $16,788.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $912,304 | $852,117 | +7.1% |
| Assessed Value | $912,304 | $852,117 | +7.1% |
| Land Value | $187,117 | $187,117 | +0.0% |
| Improvement Value | $725,187 | $665,000 | +9.1% |
| Taxable Value | $912,304 | $852,117 | +7.1% |
| Total Tax 2026 = estimate |
~$17,974
Estimated
|
~$16,788
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $912,304 | $912,304 | +0 (+0.0%) |
| Taxable Value | $912,304 | $912,304 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $912,304 | $187,117 | $725,187 | — | $912,304 | $912,304 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $852,117 | $187,117 | $665,000 | — | $852,117 | $852,117 | ~$16,788 | Partial |
| 2024 | $948,839 | — | — | −$761,722 | $187,117 | $— | $17,690 | Verified |
| 2023 | $706,619 | — | — | −$519,502 | $187,117 | $— | $18,286 | Verified |
| 2022 | $397,176 | — | — | −$210,059 | $187,117 | $— | $14,980 | Verified |
| 2021 | $399,337 | — | — | −$212,220 | $187,117 | $— | $9,231 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.1% | +7.1% | ~100% | Not available | Partial |
| 2025 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2024 | -3.6% | -3.6% | ~100% | 1.9300% | Verified |
| 2023 | +34.3% | +34.3% | ~100% | 1.9300% | Verified |
| 2022 | +77.9% ! | +77.9% | ~100% | 2.1200% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +114.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.1% | +21.7% | +19.3% | +77.9% | 2023 | -10.2% | 2025 |
| Assessment Ratio | 100.0% | 56.7% | — | 100.0% | 2025 | 19.7% | 2024 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,788 | $15,395 | ~$19,317 | $18,286 | 2023 | $9,231 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,029,886 | ~$937,329 | ~1.8816% | ~$17,637 | +20.9% |
| 2027 | ~$1,244,741 | ~$1,031,062 | ~1.7931% | ~$18,488 | +46.1% |
| 2028 | ~$1,504,420 | ~$1,134,168 | ~1.7046% | ~$19,333 | +76.6% |
| 2029 | ~$1,818,272 | ~$1,247,584 | ~1.6161% | ~$20,162 | +113.4% |
| 2030 | ~$2,197,601 | ~$1,372,343 | ~1.5275% | ~$20,963 | +157.9% |
| 2026 | ~$1,012,844 | ~$937,329 | ~1.9702% | ~$18,467 | +18.9% |
| 2027 | ~$1,203,887 | ~$1,031,062 | ~1.9702% | ~$20,314 | +41.3% |
| 2028 | ~$1,430,964 | ~$1,134,168 | ~1.9702% | ~$22,345 | +67.9% |
| 2029 | ~$1,700,873 | ~$1,247,584 | ~1.9702% | ~$24,579 | +99.6% |
| 2030 | ~$2,021,693 | ~$1,372,343 | ~1.9702% | ~$27,037 | +137.3% |
| 2026 | ~$1,046,928 | ~$937,329 | ~1.8374% | ~$17,222 | +22.9% |
| 2027 | ~$1,286,277 | ~$1,031,062 | ~1.7046% | ~$17,575 | +51.0% |
| 2028 | ~$1,580,347 | ~$1,134,168 | ~1.5718% | ~$17,827 | +85.5% |
| 2029 | ~$1,941,646 | ~$1,247,584 | ~1.4390% | ~$17,953 | +127.9% |
| 2030 | ~$2,385,546 | ~$1,372,343 | ~1.3062% | ~$17,926 | +180.0% |
In 2025, this property's market value of $852,117 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +64% 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 | $852,117 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $948,839 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $706,619 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $397,176 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $399,337 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.