6701 N RANCH RD 620 D&E TX 78730
| Owner | PRIII TRG HIGH POINTE OWNER LP |
|---|---|
| Parcel ID | 0154340211 |
| Short ID | 784044 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 349,600 SF |
| Land SF | 637,017 SF |
| Acres | 14.624 |
| Year Built | 2022 |
| Legal | 6.827AC OF LOT 1-D NEW CORRIDOR AT RIVER PLACE SUBD RESUB OF LOT 1 |
| Neighborhood | 1NW3 |
| Land | $4,459,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,459,120 |
| Improvement | $61,087,356 |
|---|---|
| Total Improvement | $61,087,356 |
| Market | $65,546,476 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,546,476 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,546,476 |
| Taxable Value | $65,546,476 |
|---|
Appreciation: Market value has risen +6897.1% from $936,760 (2021) to $65,546,476 (2025), a CAGR of 189.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 5 taxing entities is 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,447,387. Leander ISD is the largest single contributor, at 49.2% 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 7% of market value ($4,459,120 land vs $61,087,356 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,546,476, 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 +189.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,264,797,044 by 2030, with an estimated annual tax burden around $252,487,784. 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 | 349,600 SF | ✓ |
Market value changed by 589% in 2023, 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% | $712,424.65 | $712,424.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $343,474.68 | $343,474.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,353.15 | $246,353.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,359.92 | $77,359.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,775.06 | $67,775.06 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $1,447,387.46 | $1,447,387.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $77,230,000 | $65,546,476 | +17.8% |
| Assessed Value | $77,230,000 | $65,546,476 | +17.8% |
| Land Value | $4,459,120 | $4,459,120 | +0.0% |
| Improvement Value | $72,770,880 | $61,087,356 | +19.1% |
| Taxable Value | $77,230,000 | $65,546,476 | +17.8% |
| Total Tax 2026 = estimate |
~$1,705,381
Estimated
|
~$1,447,387
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $77,230,000 | $77,230,000 | +0 (+0.0%) |
| Taxable Value | $77,230,000 | $77,230,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $77,230,000 | $4,459,120 | $72,770,880 | — | $77,230,000 | $77,230,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,546,476 | $4,459,120 | $61,087,356 | — | $65,546,476 | $65,546,476 | ~$1,447,387 | Partial |
| 2024 | $6,456,707 | — | — | −$1,997,587 | $4,459,120 | $— | $518,843 | Verified |
| 2023 | $— | — | — | — | $4,459,120 | $— | $132,908 | Verified |
| 2022 | $— | — | — | — | $936,760 | $— | $21,104 | Verified |
| 2021 | $936,760 | — | — | — | $936,760 | $— | $22,969 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.8% | +17.8% | ~100% | Not available | Partial |
| 2025 | +167.6% ! | +167.6% | ~100% | Not available | Partial |
| 2024 | +279.4% ! | +279.4% | ~100% | 2.1200% | Verified |
| 2023 | +589.3% ! | +589.3% | ~100% | 2.0600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6897.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.8% | +507.4% | +180.5% | +915.2% | 2025 | +17.8% | 2026 |
| Assessment Ratio | 100.0% | 92.3% | — | 100.0% | 2021 | 69.1% | 2024 |
| Effective Tax Rate (2025) | 2.2100% | 2.2100% | — | 2.2100% | 2025 | 2.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,447,387 | $663,066 | ~$78,041,802 | $1,447,387 | 2025 | $22,969 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$189,574,361 | ~$189,574,361 | ~2.1472% | ~$4,070,610 | +189.2% |
| 2027 | ~$548,289,403 | ~$548,289,403 | ~2.0863% | ~$11,438,896 | +736.5% |
| 2028 | ~$1,585,769,661 | ~$1,585,769,661 | ~2.0253% | ~$32,117,219 | +2319.3% |
| 2029 | ~$4,586,383,402 | ~$4,586,383,402 | ~1.9644% | ~$90,094,503 | +6897.1% |
| 2030 | ~$13,264,797,044 | ~$13,264,797,044 | ~1.9034% | ~$252,487,784 | +20137.2% |
| 2026 | ~$188,263,431 | ~$188,263,431 | ~2.2082% | ~$4,157,205 | +187.2% |
| 2027 | ~$540,732,647 | ~$540,732,647 | ~2.2082% | ~$11,940,377 | +725.0% |
| 2028 | ~$1,553,099,262 | ~$1,553,099,262 | ~2.2082% | ~$34,295,305 | +2269.5% |
| 2029 | ~$4,460,831,668 | ~$4,460,831,668 | ~2.2082% | ~$98,503,416 | +6705.6% |
| 2030 | ~$12,812,458,070 | ~$12,812,458,070 | ~2.2082% | ~$282,922,777 | +19447.1% |
| 2026 | ~$190,885,290 | ~$190,885,290 | ~2.1168% | ~$4,040,588 | +191.2% |
| 2027 | ~$555,898,596 | ~$555,898,596 | ~2.0253% | ~$11,258,834 | +748.1% |
| 2028 | ~$1,618,895,039 | ~$1,618,895,039 | ~1.9339% | ~$31,308,082 | +2369.8% |
| 2029 | ~$4,714,566,947 | ~$4,714,566,947 | ~1.8425% | ~$86,865,613 | +7092.7% |
| 2030 | ~$13,729,822,478 | ~$13,729,822,478 | ~1.7511% | ~$240,418,974 | +20846.7% |
In 2025, this property's market value of $65,546,476 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× 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 | $65,546,476 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,456,707 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $936,760 | $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.