2306 N F M RD 620 TX 78734
| Owner | REGENCY LAKE TRAVIS |
|---|---|
| Parcel ID | 0142670110 |
| Short ID | 890954 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 296,448 SF |
| Land SF | 1,628,640 SF |
| Acres | 37.388 |
| Year Built | 2019 |
| Legal | LOT 1 BLK A LYND AT LAKE TRAVIS SUBD |
| Neighborhood | 08SW1 |
| Land | $7,817,472 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,817,472 |
| Improvement | $68,172,528 |
|---|---|
| Total Improvement | $68,172,528 |
| Market | $75,990,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $75,990,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $75,990,000 |
| Taxable Value | $75,990,000 |
|---|
Appreciation: Market value has risen +20.7% from $62,960,000 (2021) to $75,990,000 (2025), a CAGR of 4.8% 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 5 taxing entities is 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,276,607. 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 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 ($7,817,472 land vs $68,172,528 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $75,990,000, 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 +4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $96,132,691 by 2030, with an estimated annual tax burden around $1,403,371. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 296,448 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% | $790,068.03 | $790,068.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $285,604.62 | $285,604.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $89,685.68 | $89,685.68 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $68,694.20 | $68,694.20 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $42,554.40 | $42,554.40 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $1,276,606.93 | $1,276,606.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $71,750,000 | $75,990,000 | -5.6% |
| Assessed Value | $71,750,000 | $75,990,000 | -5.6% |
| Land Value | $7,817,472 | $7,817,472 | +0.0% |
| Improvement Value | $63,932,528 | $68,172,528 | -6.2% |
| Taxable Value | $71,750,000 | $75,990,000 | -5.6% |
| Total Tax 2026 = estimate |
~$1,205,376
Estimated
|
~$1,276,607
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $78,189,777 | $71,750,000 | -6,439,777 (-8.2%) |
| Taxable Value | $78,189,777 | $71,750,000 | -6,439,777 (-8.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $71,750,000 | $7,817,472 | $63,932,528 | — | $71,750,000 | $71,750,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $75,990,000 | $7,817,472 | $68,172,528 | — | $75,990,000 | $75,990,000 | ~$1,276,607 | Partial |
| 2024 | $99,920,000 | — | — | −$92,102,528 | $7,817,472 | $— | $1,335,426 | Verified |
| 2023 | $96,000,000 | — | — | −$88,182,528 | $7,817,472 | $— | $1,614,554 | Verified |
| 2022 | $71,339,959 | — | — | −$63,522,487 | $7,817,472 | $— | $1,699,222 | Verified |
| 2021 | $62,960,000 | — | — | −$55,142,528 | $7,817,472 | $— | $1,324,126 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.9% | +2.9% | ~100% | Not available | Partial |
| 2025 | -5.6% | -5.6% | ~100% | Not available | Partial |
| 2024 | -19.4% | -19.4% | ~100% | 1.6600% | Verified |
| 2023 | +4.1% | +4.1% | ~100% | 1.6200% | Verified |
| 2022 | +34.6% | +34.6% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.6% | +4.5% | +6.1% | +34.6% | 2023 | -23.9% | 2025 |
| Assessment Ratio | 100.0% | 39.9% | — | 100.0% | 2025 | 7.8% | 2024 |
| 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 |
$1,276,607 | $1,449,987 | ~$1,353,820 | $1,699,222 | 2022 | $1,276,607 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$79,648,825 | ~$79,648,825 | ~1.6359% | ~$1,303,006 | +4.8% |
| 2027 | ~$83,483,819 | ~$83,483,819 | ~1.5919% | ~$1,328,988 | +9.9% |
| 2028 | ~$87,503,463 | ~$87,503,463 | ~1.5479% | ~$1,354,451 | +15.2% |
| 2029 | ~$91,716,647 | ~$91,716,647 | ~1.5039% | ~$1,379,285 | +20.7% |
| 2030 | ~$96,132,691 | ~$96,132,691 | ~1.4598% | ~$1,403,371 | +26.5% |
| 2026 | ~$78,129,025 | ~$78,129,025 | ~1.6800% | ~$1,312,542 | +2.8% |
| 2027 | ~$80,328,262 | ~$80,328,262 | ~1.6800% | ~$1,349,488 | +5.7% |
| 2028 | ~$82,589,404 | ~$82,589,404 | ~1.6800% | ~$1,387,475 | +8.7% |
| 2029 | ~$84,914,195 | ~$84,914,195 | ~1.6800% | ~$1,426,530 | +11.7% |
| 2030 | ~$87,304,425 | ~$87,304,425 | ~1.6800% | ~$1,466,686 | +14.9% |
| 2026 | ~$81,168,625 | ~$81,168,625 | ~1.6139% | ~$1,310,001 | +6.8% |
| 2027 | ~$86,700,168 | ~$86,700,168 | ~1.5479% | ~$1,342,017 | +14.1% |
| 2028 | ~$92,608,678 | ~$92,608,678 | ~1.4818% | ~$1,372,313 | +21.9% |
| 2029 | ~$98,919,846 | ~$98,919,846 | ~1.4158% | ~$1,400,506 | +30.2% |
| 2030 | ~$105,661,113 | ~$105,661,113 | ~1.3498% | ~$1,426,168 | +39.0% |
In 2025, this property's market value of $75,990,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 146× 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 | $75,990,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $99,920,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $96,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $71,339,959 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $62,960,000 | $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.