8225 N RANCH RD 620 TX 78726
| Owner | CANYON CREEK TEXAS LLC |
|---|---|
| Parcel ID | 0159370244 |
| Short ID | 475190 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 388,433 SF |
| Land SF | 1,349,489 SF |
| Acres | 30.980 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A ARCHSTONE ONE AT CANYON CREEK |
| Neighborhood | 08WWW |
| Land | $5,397,955 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,397,955 |
| Improvement | $72,862,045 |
|---|---|
| Total Improvement | $72,862,045 |
| Market | $78,260,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $78,260,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $78,260,000 |
| Taxable Value | $78,260,000 |
|---|
Appreciation: Market value has risen +19.7% from $65,403,304 (2021) to $78,260,000 (2025), a CAGR of 4.6% 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 $1,728,126. 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 ($5,397,955 land vs $72,862,045 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $78,260,000, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $97,941,114 by 2030, with an estimated annual tax burden around $1,864,253. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 388,433 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| MISC | Miscellaneous | 6,068 SF | ✓ |
| 601 | POOL COMM'L | 2,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 240 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 180 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% | $850,607.94 | $850,607.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $410,095.70 | $410,095.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $294,136.30 | $294,136.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $92,364.80 | $92,364.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $80,920.84 | $80,920.84 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $1,728,125.58 | $1,728,125.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,190,000 | $78,260,000 | -12.9% |
| Assessed Value | $68,190,000 | $78,260,000 | -12.9% |
| Land Value | $5,397,955 | $5,397,955 | +0.0% |
| Improvement Value | $62,792,045 | $72,862,045 | -13.8% |
| Taxable Value | $68,190,000 | $78,260,000 | -12.9% |
| Total Tax 2026 = estimate |
~$1,505,761
Estimated
|
~$1,728,126
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $74,874,227 | $68,190,000 | -6,684,227 (-8.9%) |
| Taxable Value | $74,874,227 | $68,190,000 | -6,684,227 (-8.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $68,190,000 | $5,397,955 | $62,792,045 | — | $68,190,000 | $68,190,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $78,260,000 | $5,397,955 | $72,862,045 | — | $78,260,000 | $78,260,000 | ~$1,728,126 | Partial |
| 2024 | $86,000,000 | — | — | −$80,602,045 | $5,397,955 | $— | $1,681,275 | Verified |
| 2023 | $82,286,000 | — | — | −$76,888,045 | $5,397,955 | $— | $1,814,612 | Verified |
| 2022 | $63,890,395 | — | — | −$58,492,440 | $5,397,955 | $— | $1,885,884 | Verified |
| 2021 | $65,403,304 | — | — | −$60,005,349 | $5,397,955 | $— | $1,566,579 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | -10.9% | -10.9% | ~100% | 2.1000% | Verified |
| 2023 | +6.1% | +6.1% | ~100% | 2.0200% | Verified |
| 2022 | +32.7% | +32.7% | ~100% | 2.2200% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.9% | +1.8% | +7.7% | +28.8% | 2023 | -12.9% | 2026 |
| Assessment Ratio | 100.0% | 38.3% | — | 100.0% | 2025 | 6.3% | 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 |
$1,728,126 | $1,735,295 | ~$1,812,147 | $1,885,884 | 2022 | $1,566,579 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$81,851,168 | ~$81,851,168 | ~2.1472% | ~$1,757,538 | +4.6% |
| 2027 | ~$85,607,127 | ~$85,607,127 | ~2.0863% | ~$1,786,011 | +9.4% |
| 2028 | ~$89,535,437 | ~$89,535,437 | ~2.0253% | ~$1,813,397 | +14.4% |
| 2029 | ~$93,644,009 | ~$93,644,009 | ~1.9644% | ~$1,839,534 | +19.7% |
| 2030 | ~$97,941,114 | ~$97,941,114 | ~1.9034% | ~$1,864,253 | +25.1% |
| 2026 | ~$80,285,968 | ~$80,285,968 | ~2.2082% | ~$1,772,863 | +2.6% |
| 2027 | ~$82,364,384 | ~$82,364,384 | ~2.2082% | ~$1,818,758 | +5.2% |
| 2028 | ~$84,496,605 | ~$84,496,605 | ~2.2082% | ~$1,865,841 | +8.0% |
| 2029 | ~$86,684,025 | ~$86,684,025 | ~2.2082% | ~$1,914,144 | +10.8% |
| 2030 | ~$88,928,071 | ~$88,928,071 | ~2.2082% | ~$1,963,696 | +13.6% |
| 2026 | ~$83,416,368 | ~$83,416,368 | ~2.1168% | ~$1,765,726 | +6.6% |
| 2027 | ~$88,912,478 | ~$88,912,478 | ~2.0253% | ~$1,800,780 | +13.6% |
| 2028 | ~$94,770,713 | ~$94,770,713 | ~1.9339% | ~$1,832,787 | +21.1% |
| 2029 | ~$101,014,933 | ~$101,014,933 | ~1.8425% | ~$1,861,194 | +29.1% |
| 2030 | ~$107,670,571 | ~$107,670,571 | ~1.7511% | ~$1,885,388 | +37.6% |
In 2025, this property's market value of $78,260,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 151× 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 | $78,260,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $86,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $82,286,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $63,890,395 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $65,403,304 | $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.