309 S MEADOWLARK ST TX 78734
| Owner | MODUGU RAJASHEKHAR R & KEERTHI CHALLABOTLA |
|---|---|
| Parcel ID | 0139661114 |
| Short ID | 137116 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,686 SF |
| Land SF | 12,000 SF |
| Acres | 0.275 |
| Year Built | 2010 |
| Legal | LOT 64 CARDINAL HILLS UNIT 2 |
| Neighborhood | R4100 |
| Land | $181,818 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $181,818 |
| Improvement | $785,056 |
|---|---|
| Total Improvement | $785,056 |
| Market | $966,874 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $966,874 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $966,874 |
| Taxable Value | $966,874 |
|---|
Appreciation: Market value has risen +119.4% from $440,744 (2021) to $966,874 (2025), a CAGR of 21.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,243. Lake Travis ISD is the largest single contributor, at 61.9% 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 19% of market value ($181,818 land vs $785,056 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $966,874, 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 +21.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,581,364 by 2030, with an estimated annual tax burden around $22,732. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,686 SF | ✗ |
| 1ST | 1st Floor | 2,128 SF | ✓ |
| 2ND | 2nd Floor | 1,558 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 694 SF | ✓ |
| 612 | TERRACE UNCOVERD | 108 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 75 SF | ✗ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 251 | BATHROOM | 5 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% | $10,052.59 | $10,052.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,633.95 | $3,633.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,141.13 | $1,141.13 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $874.04 | $874.04 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $541.45 | $541.45 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $16,243.16 | $16,243.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $683,000 | $966,874 | -29.4% |
| Assessed Value | $683,000 | $966,874 | -29.4% |
| Land Value | $181,818 | $181,818 | +0.0% |
| Improvement Value | $501,182 | $785,056 | -36.2% |
| Taxable Value | $683,000 | $966,874 | -29.4% |
| Total Tax 2026 = estimate |
~$11,474
Estimated
|
~$16,243
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $822,990 | $683,000 | -139,990 (-17.0%) |
| Taxable Value | $822,990 | $683,000 | -139,990 (-17.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $683,000 | $181,818 | $501,182 | — | $683,000 | $683,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $966,874 | $181,818 | $785,056 | — | $966,874 | $966,874 | ~$16,243 | Partial |
| 2024 | $838,235 | — | — | −$678,235 | $160,000 | $— | $16,040 | Verified |
| 2023 | $838,235 | — | — | −$678,235 | $160,000 | $— | $13,545 | Verified |
| 2022 | $528,800 | — | — | −$448,800 | $80,000 | $— | $14,837 | Verified |
| 2021 | $440,744 | — | — | −$360,744 | $80,000 | $— | $9,815 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.9% | -14.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 1.6600% | Verified |
| 2023 | +15.9% | +15.9% | ~100% | 1.3900% | Verified |
| 2022 | +58.5% | +58.5% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +82.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.4% | +12.9% | +31.8% | +58.5% | 2023 | -29.4% | 2026 |
| Assessment Ratio | 100.0% | 45.2% | — | 100.0% | 2025 | 15.1% | 2022 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,243 | $14,096 | ~$19,993 | $16,243 | 2025 | $9,815 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,176,700 | ~$1,063,561 | ~1.6359% | ~$17,399 | +21.7% |
| 2027 | ~$1,432,061 | ~$1,169,918 | ~1.5919% | ~$18,624 | +48.1% |
| 2028 | ~$1,742,840 | ~$1,286,909 | ~1.5479% | ~$19,920 | +80.3% |
| 2029 | ~$2,121,062 | ~$1,415,600 | ~1.5039% | ~$21,289 | +119.4% |
| 2030 | ~$2,581,364 | ~$1,557,160 | ~1.4598% | ~$22,732 | +167.0% |
| 2026 | ~$1,157,363 | ~$1,063,561 | ~1.6800% | ~$17,867 | +19.7% |
| 2027 | ~$1,385,380 | ~$1,169,918 | ~1.6800% | ~$19,654 | +43.3% |
| 2028 | ~$1,658,320 | ~$1,286,909 | ~1.6800% | ~$21,620 | +71.5% |
| 2029 | ~$1,985,034 | ~$1,415,600 | ~1.6800% | ~$23,782 | +105.3% |
| 2030 | ~$2,376,115 | ~$1,557,160 | ~1.6800% | ~$26,160 | +145.8% |
| 2026 | ~$1,196,037 | ~$1,063,561 | ~1.6139% | ~$17,165 | +23.7% |
| 2027 | ~$1,479,516 | ~$1,169,918 | ~1.5479% | ~$18,109 | +53.0% |
| 2028 | ~$1,830,183 | ~$1,286,909 | ~1.4818% | ~$19,070 | +89.3% |
| 2029 | ~$2,263,964 | ~$1,415,600 | ~1.4158% | ~$20,042 | +134.2% |
| 2030 | ~$2,800,557 | ~$1,557,160 | ~1.3498% | ~$21,018 | +189.7% |
In 2025, this property's market value of $966,874 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +86% 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 | $966,874 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $838,235 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $838,235 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $528,800 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $440,744 | $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.