8021 N RANCH RD 620 TX 78726
| Owner | CANTEBREA CROSSING TEXAS LLC |
|---|---|
| Parcel ID | 0159370243 |
| Short ID | 475189 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 270,264 SF |
| Land SF | 947,430 SF |
| Acres | 21.750 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A CANYON III AT ROCK HARBOUR |
| Neighborhood | 08WWW |
| Land | $7,579,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,579,440 |
| Improvement | $39,290,560 |
|---|---|
| Total Improvement | $39,290,560 |
| Market | $46,870,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,870,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,870,000 |
| Taxable Value | $46,870,000 |
|---|
Appreciation: Market value has risen +18.0% from $39,722,060 (2021) to $46,870,000 (2025), a CAGR of 4.2% 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 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,034,976. 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 16% of market value ($7,579,440 land vs $39,290,560 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,870,000, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $57,639,996 by 2030, with an estimated annual tax burden around $1,097,144. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 270,264 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| MISC | Miscellaneous | 5,657 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 196 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $467,367.00 | $467,367.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $225,327.31 | $225,327.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $161,613.35 | $161,613.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $50,749.89 | $50,749.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $44,462.00 | $44,462.00 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $949,519.55 | $949,519.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $42,560,000 | $46,870,000 | -9.2% |
| Assessed Value | $42,560,000 | $46,870,000 | -9.2% |
| Land Value | $7,579,440 | $7,579,440 | +0.0% |
| Improvement Value | $34,980,560 | $39,290,560 | -11.0% |
| Taxable Value | $42,560,000 | $46,870,000 | -9.2% |
| Total Tax 2026 = estimate |
~$939,804
Estimated
|
~$949,520
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $45,526,222 | $42,560,000 | -2,966,222 (-6.5%) |
| Taxable Value | $45,526,222 | $42,560,000 | -2,966,222 (-6.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $42,560,000 | $7,579,440 | $34,980,560 | — | $42,560,000 | $42,560,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $46,870,000 | $7,579,440 | $39,290,560 | — | $46,870,000 | $46,870,000 | ~$949,520 | Partial |
| 2024 | $55,000,000 | — | — | −$47,420,560 | $7,579,440 | $— | $1,096,431 | Verified |
| 2023 | $52,800,000 | — | — | −$45,220,560 | $7,579,440 | $— | $1,168,733 | Verified |
| 2022 | $41,614,514 | — | — | −$34,035,074 | $7,579,440 | $— | $1,212,486 | Verified |
| 2021 | $39,722,060 | — | — | −$32,142,620 | $7,579,440 | $— | $1,020,379 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2025 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2024 | -9.8% | -9.8% | ~100% | 2.0900% | Verified |
| 2023 | +6.8% | +6.8% | ~100% | 2.0000% | Verified |
| 2022 | +31.2% | +31.2% | ~100% | 2.2200% | Verified |
| 2021 | base year | — | ~100% | 2.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.2% | +2.4% | +6.3% | +26.9% | 2023 | -14.8% | 2025 |
| Assessment Ratio | 100.0% | 44.2% | — | 100.0% | 2025 | 13.8% | 2024 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$949,520 | $1,089,510 | ~$1,073,869 | $1,212,486 | 2022 | $949,520 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,849,571 | ~$48,849,571 | ~2.1472% | ~$1,048,916 | +4.2% |
| 2027 | ~$50,912,749 | ~$50,912,749 | ~2.0863% | ~$1,062,187 | +8.6% |
| 2028 | ~$53,063,067 | ~$53,063,067 | ~2.0253% | ~$1,074,707 | +13.2% |
| 2029 | ~$55,304,204 | ~$55,304,204 | ~1.9644% | ~$1,086,391 | +18.0% |
| 2030 | ~$57,639,996 | ~$57,639,996 | ~1.9034% | ~$1,097,144 | +23.0% |
| 2026 | ~$47,912,171 | ~$47,912,171 | ~2.2082% | ~$1,057,989 | +2.2% |
| 2027 | ~$48,977,514 | ~$48,977,514 | ~2.2082% | ~$1,081,514 | +4.5% |
| 2028 | ~$50,066,546 | ~$50,066,546 | ~2.2082% | ~$1,105,562 | +6.8% |
| 2029 | ~$51,179,793 | ~$51,179,793 | ~2.2082% | ~$1,130,145 | +9.2% |
| 2030 | ~$52,317,794 | ~$52,317,794 | ~2.2082% | ~$1,155,274 | +11.6% |
| 2026 | ~$49,786,971 | ~$49,786,971 | ~2.1168% | ~$1,053,872 | +6.2% |
| 2027 | ~$52,885,480 | ~$52,885,480 | ~2.0253% | ~$1,071,111 | +12.8% |
| 2028 | ~$56,176,826 | ~$56,176,826 | ~1.9339% | ~$1,086,413 | +19.9% |
| 2029 | ~$59,673,010 | ~$59,673,010 | ~1.8425% | ~$1,099,472 | +27.3% |
| 2030 | ~$63,386,781 | ~$63,386,781 | ~1.7511% | ~$1,109,948 | +35.2% |
In 2025, this property's market value of $46,870,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 90× 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 | $46,870,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $55,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $52,800,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $41,614,514 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $39,722,060 | $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.