GREAT HILLS TRL TX 78759
| Owner | VTR ARBORETUM LLC |
|---|---|
| Parcel ID | 0152030326 |
| Short ID | 375601 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 92,579 SF |
| Land SF | 668,646 SF |
| Acres | 15.350 |
| Year Built | 2008 |
| Legal | TRT 1&2 GREAT HILLS COMMERCIAL 1 |
| Neighborhood | 08SRH |
| Land | $5,349,168 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,349,168 |
| Improvement | $44,600,832 |
|---|---|
| Total Improvement | $44,600,832 |
| Market | $49,950,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $49,950,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $49,950,000 |
| Taxable Value | $49,950,000 |
|---|
Appreciation: Market value has risen +18.4% from $42,200,000 (2021) to $49,950,000 (2025), a CAGR of 4.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $1,022,219. 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 11% of market value ($5,349,168 land vs $44,600,832 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $49,950,000, 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 +4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $61,668,629 by 2030, with an estimated annual tax burden around $1,161,678. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 75,000 SF | ✗ |
| 187 | PARKING GARAGE | 50,156 SF | ✓ |
| 3RD | 3rd Floor | 33,016 SF | ✓ |
| 2ND | 2nd Floor | 33,014 SF | ✓ |
| 4TH | 4th Floor | 32,915 SF | ✓ |
| 5TH | 5th Floor | 32,914 SF | ✓ |
| 1ST | 1st Floor | 26,549 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $462,137.40 | $462,137.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $261,746.49 | $261,746.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $187,734.58 | $187,734.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $58,952.49 | $58,952.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $51,648.30 | $51,648.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,022,219.26 | $1,022,219.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $67,950,000 | $49,950,000 | +36.0% |
| Assessed Value | $67,950,000 | $49,950,000 | +36.0% |
| Land Value | $5,349,168 | $5,349,168 | +0.0% |
| Improvement Value | $62,600,832 | $44,600,832 | +40.4% |
| Taxable Value | $67,950,000 | $49,950,000 | +36.0% |
| Total Tax 2026 = estimate |
~$1,390,587
Estimated
|
~$1,022,219
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $69,375,608 | $67,950,000 | -1,425,608 (-2.1%) |
| Taxable Value | $69,375,608 | $67,950,000 | -1,425,608 (-2.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $67,950,000 | $5,349,168 | $62,600,832 | — | $67,950,000 | $67,950,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $49,950,000 | $5,349,168 | $44,600,832 | — | $49,950,000 | $49,950,000 | ~$1,022,219 | Partial |
| 2024 | $39,500,000 | — | — | −$34,150,832 | $5,349,168 | $— | $807,193 | Verified |
| 2023 | $38,900,000 | — | — | −$33,550,832 | $5,349,168 | $— | $717,216 | Verified |
| 2022 | $38,500,000 | — | — | −$33,150,832 | $5,349,168 | $— | $770,811 | Verified |
| 2021 | $42,200,000 | — | — | −$36,850,832 | $5,349,168 | $— | $840,453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.9% | +38.9% | ~100% | Not available | Partial |
| 2025 | +22.6% | +22.6% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 1.9800% | Verified |
| 2023 | +3.8% | +3.8% | ~100% | 1.6700% | Verified |
| 2022 | +1.7% | +1.7% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +36.0% | +11.2% | -1.2% | +36.0% | 2026 | -8.8% | 2022 |
| Assessment Ratio | 100.0% | 42.3% | — | 100.0% | 2025 | 12.7% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,022,219 | $831,578 | ~$1,105,067 | $1,022,219 | 2025 | $717,216 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$52,100,423 | ~$52,100,423 | ~2.0139% | ~$1,049,269 | +4.3% |
| 2027 | ~$54,343,426 | ~$54,343,426 | ~1.9814% | ~$1,076,754 | +8.8% |
| 2028 | ~$56,682,993 | ~$56,682,993 | ~1.9488% | ~$1,104,661 | +13.5% |
| 2029 | ~$59,123,282 | ~$59,123,282 | ~1.9163% | ~$1,132,974 | +18.4% |
| 2030 | ~$61,668,629 | ~$61,668,629 | ~1.8837% | ~$1,161,678 | +23.5% |
| 2026 | ~$51,101,423 | ~$51,101,423 | ~2.0465% | ~$1,045,783 | +2.3% |
| 2027 | ~$52,279,389 | ~$52,279,389 | ~2.0465% | ~$1,069,890 | +4.7% |
| 2028 | ~$53,484,508 | ~$53,484,508 | ~2.0465% | ~$1,094,552 | +7.1% |
| 2029 | ~$54,717,408 | ~$54,717,408 | ~2.0465% | ~$1,119,784 | +9.5% |
| 2030 | ~$55,978,727 | ~$55,978,727 | ~2.0465% | ~$1,145,596 | +12.1% |
| 2026 | ~$53,099,423 | ~$53,099,423 | ~1.9977% | ~$1,060,747 | +6.3% |
| 2027 | ~$56,447,423 | ~$56,447,423 | ~1.9488% | ~$1,100,070 | +13.0% |
| 2028 | ~$60,006,519 | ~$60,006,519 | ~1.9000% | ~$1,140,134 | +20.1% |
| 2029 | ~$63,790,021 | ~$63,790,021 | ~1.8512% | ~$1,180,877 | +27.7% |
| 2030 | ~$67,812,079 | ~$67,812,079 | ~1.8024% | ~$1,222,225 | +35.8% |
In 2025, this property's market value of $49,950,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 96× 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 | $49,950,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $39,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $38,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $38,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $42,200,000 | $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.