11000 FLORAL PARK DR TX 78759
| Owner | NORTHLAND HIGH OAKS II LLC |
|---|---|
| Parcel ID | 0158010102 |
| Short ID | 156256 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 369,126 SF |
| Land SF | 1,285,064 SF |
| Acres | 29.501 |
| Year Built | 1984 |
| Legal | LOT 3 BLK A HOLLOW CANYON I-A & LOT 2 BLK A HOLLOW CANYON I & LOT 1A & 2A WARD SUBD AMD & 2.486 AC ABS 659 SUR 19 ROGERS J |
| Neighborhood | 08FNW |
| Land | $12,850,636 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,850,636 |
| Improvement | $61,859,364 |
|---|---|
| Total Improvement | $61,859,364 |
| Market | $74,710,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $74,710,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $74,710,000 |
| Taxable Value | $74,710,000 |
|---|
Appreciation: Market value has risen +34.6% from $55,500,000 (2021) to $74,710,000 (2025), a CAGR of 7.7% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,528,929. 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 17% of market value ($12,850,636 land vs $61,859,364 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $74,710,000, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $108,326,803 by 2030, with an estimated annual tax burden around $2,040,598. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 600,068 SF | ✗ |
| 551 | PAVED AREA | 314,094 SF | ✗ |
| 2ND | 2nd Floor | 157,648 SF | ✓ |
| 1ST | 1st Floor | 153,554 SF | ✓ |
| 3RD | 3rd Floor | 57,924 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 20,942 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 20,046 SF | ✗ |
| 611 | TERRACE | 9,799 SF | ✗ |
| 511 | DECK | 9,005 SF | ✗ |
| 581C | STORAGE ATT COMM | 8,445 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 8,072 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 4,536 SF | ✗ |
| 601 | POOL COMM'L | 2,637 SF | ✗ |
| 571C | STORAGE DET COMM | 1,248 SF | ✓ |
| 501 | CANOPY | 308 SF | ✗ |
| 521 | FIREPLACE | 184 SF | ✓ |
| 435 | FENCE IRON LF | 125 SF | ✗ |
| MISC | Miscellaneous | 38 SF | ✓ |
| 413 | STAIRWAY EXT | 33 SF | ✓ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| 152 | COMMODE AVG | 5 SF | ✓ |
| 162 | LAVATORY AVG | 5 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 3 SF | ✓ |
| 142 | BATHTUB AVG | 3 SF | ✓ |
| 242 | OBS OVEN/BURN | 3 SF | ✓ |
| 182 | SINK AVG | 2 SF | ✓ |
| 192 | WATER HTR AVG | 2 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% | $691,216.92 | $691,216.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $391,493.10 | $391,493.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $280,793.80 | $280,793.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $88,174.98 | $88,174.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $77,250.14 | $77,250.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,528,928.94 | $1,528,928.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,500,000 | $74,710,000 | -8.3% |
| Assessed Value | $68,500,000 | $74,710,000 | -8.3% |
| Land Value | $12,850,636 | $12,850,636 | +0.0% |
| Improvement Value | $55,649,364 | $61,859,364 | -10.0% |
| Taxable Value | $68,500,000 | $74,710,000 | -8.3% |
| Total Tax 2026 = estimate |
~$1,401,842
Estimated
|
~$1,528,929
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $68,500,000 | $68,500,000 | +0 (+0.0%) |
| Taxable Value | $68,500,000 | $68,500,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $68,500,000 | $12,850,636 | $55,649,364 | — | $68,500,000 | $68,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $74,710,000 | $12,850,636 | $61,859,364 | — | $74,710,000 | $74,710,000 | ~$1,528,929 | Partial |
| 2024 | $87,480,000 | — | — | −$74,629,364 | $12,850,636 | $— | $1,615,144 | Verified |
| 2023 | $74,900,000 | — | — | −$62,049,364 | $12,850,636 | $— | $1,582,729 | Verified |
| 2022 | $58,500,000 | — | — | −$45,649,364 | $12,850,636 | $— | $1,374,745 | Verified |
| 2021 | $55,500,000 | — | — | −$42,649,364 | $12,850,636 | $— | $1,190,482 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | -6.8% | -6.8% | ~100% | 1.9800% | Verified |
| 2023 | +16.8% | +16.8% | ~100% | 1.8100% | Verified |
| 2022 | +28.0% | +28.0% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.3% | +5.5% | +9.7% | +28.0% | 2023 | -14.6% | 2025 |
| Assessment Ratio | 100.0% | 46.2% | — | 100.0% | 2025 | 14.7% | 2024 |
| 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 |
$1,528,929 | $1,458,406 | ~$1,825,104 | $1,615,144 | 2024 | $1,190,482 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$80,472,997 | ~$80,472,997 | ~2.0139% | ~$1,620,675 | +7.7% |
| 2027 | ~$86,680,541 | ~$86,680,541 | ~1.9814% | ~$1,717,478 | +16.0% |
| 2028 | ~$93,366,924 | ~$93,366,924 | ~1.9488% | ~$1,819,571 | +25.0% |
| 2029 | ~$100,569,083 | ~$100,569,083 | ~1.9163% | ~$1,927,196 | +34.6% |
| 2030 | ~$108,326,803 | ~$108,326,803 | ~1.8837% | ~$2,040,598 | +45.0% |
| 2026 | ~$78,978,797 | ~$78,978,797 | ~2.0465% | ~$1,616,289 | +5.7% |
| 2027 | ~$83,491,505 | ~$83,491,505 | ~2.0465% | ~$1,708,641 | +11.8% |
| 2028 | ~$88,262,062 | ~$88,262,062 | ~2.0465% | ~$1,806,270 | +18.1% |
| 2029 | ~$93,305,199 | ~$93,305,199 | ~2.0465% | ~$1,909,477 | +24.9% |
| 2030 | ~$98,636,493 | ~$98,636,493 | ~2.0465% | ~$2,018,581 | +32.0% |
| 2026 | ~$81,967,197 | ~$81,967,197 | ~1.9977% | ~$1,637,428 | +9.7% |
| 2027 | ~$89,929,345 | ~$89,929,345 | ~1.9488% | ~$1,752,579 | +20.4% |
| 2028 | ~$98,664,922 | ~$98,664,922 | ~1.9000% | ~$1,874,650 | +32.1% |
| 2029 | ~$108,249,057 | ~$108,249,057 | ~1.8512% | ~$2,003,900 | +44.9% |
| 2030 | ~$118,764,178 | ~$118,764,178 | ~1.8024% | ~$2,140,571 | +59.0% |
In 2025, this property's market value of $74,710,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 144× 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 | $74,710,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $87,480,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $74,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $58,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $55,500,000 | $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.