9513 N RANCH RD 620 TX 78726
| Owner | CMS/COLONIAL MULTIFAMILY CANYON CREEK JV LP |
|---|---|
| Parcel ID | 0168280101 |
| Short ID | 697157 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 348,960 SF |
| Land SF | 1,259,189 SF |
| Acres | 28.907 |
| Year Built | 2006 |
| Legal | LOT 1 BLK A ESTATES AT CANYON CREEK SUBD SEC 1 AMENDED PLAT OF |
| Neighborhood | 08WWW |
| Land | $5,036,756 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,036,756 |
| Improvement | $60,403,244 |
|---|---|
| Total Improvement | $60,403,244 |
| Market | $65,440,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,440,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,440,000 |
| Taxable Value | $65,440,000 |
|---|
Appreciation: Market value has risen +33.8% from $48,920,000 (2021) to $65,440,000 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→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 $1,445,036. 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 8% of market value ($5,036,756 land vs $60,403,244 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,440,000, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $94,143,284 by 2030, with an estimated annual tax burden around $1,791,963. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 348,960 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| MISC | Miscellaneous | 5,843 SF | ✓ |
| 601 | POOL COMM'L | 2,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 240 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% | $671,236.83 | $671,236.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $323,617.18 | $323,617.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $232,110.60 | $232,110.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $72,887.46 | $72,887.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $63,856.74 | $63,856.74 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $1,363,708.81 | $1,363,708.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $60,320,000 | $65,440,000 | -7.8% |
| Assessed Value | $60,320,000 | $65,440,000 | -7.8% |
| Land Value | $5,036,756 | $5,036,756 | +0.0% |
| Improvement Value | $55,283,244 | $60,403,244 | -8.5% |
| Taxable Value | $60,320,000 | $65,440,000 | -7.8% |
| Total Tax 2026 = estimate |
~$1,331,977
Estimated
|
~$1,363,709
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $60,320,000 | $60,320,000 | +0 (+0.0%) |
| Taxable Value | $60,320,000 | $60,320,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $60,320,000 | $5,036,756 | $55,283,244 | — | $60,320,000 | $60,320,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,440,000 | $5,036,756 | $60,403,244 | — | $65,440,000 | $65,440,000 | ~$1,363,709 | Partial |
| 2024 | $67,300,000 | — | — | −$62,263,244 | $5,036,756 | $— | $1,368,636 | Verified |
| 2023 | $64,900,000 | — | — | −$59,863,244 | $5,036,756 | $— | $1,425,248 | Verified |
| 2022 | $— | — | — | — | $5,036,756 | $— | $1,486,364 | Verified |
| 2021 | $48,920,000 | — | — | −$43,883,244 | $5,036,756 | $— | $1,197,671 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | -6.6% | -6.6% | ~100% | 2.0700% | Verified |
| 2023 | +6.1% | +6.1% | ~100% | 2.0100% | Verified |
| 2022 | +34.1% | +34.1% | ~100% | 2.2300% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.8% | +6.5% | +9.4% | +32.7% | 2023 | -7.8% | 2026 |
| Assessment Ratio | 100.0% | 45.1% | — | 100.0% | 2025 | 7.5% | 2024 |
| Effective Tax Rate (2025) | 2.0800% | 2.0800% | — | 2.0800% | 2025 | 2.0800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,363,709 | $1,338,816 | ~$1,650,072 | $1,425,248 | 2023 | $1,197,671 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$70,377,284 | ~$70,377,284 | ~2.1472% | ~$1,511,167 | +7.5% |
| 2027 | ~$75,687,073 | ~$75,687,073 | ~2.0863% | ~$1,579,050 | +15.7% |
| 2028 | ~$81,397,473 | ~$81,397,473 | ~2.0253% | ~$1,648,575 | +24.4% |
| 2029 | ~$87,538,708 | ~$87,538,708 | ~1.9644% | ~$1,719,603 | +33.8% |
| 2030 | ~$94,143,284 | ~$94,143,284 | ~1.9034% | ~$1,791,963 | +43.9% |
| 2026 | ~$69,068,484 | ~$69,068,484 | ~2.2082% | ~$1,525,160 | +5.5% |
| 2027 | ~$72,898,158 | ~$72,898,158 | ~2.2082% | ~$1,609,726 | +11.4% |
| 2028 | ~$76,940,178 | ~$76,940,178 | ~2.2082% | ~$1,698,981 | +17.6% |
| 2029 | ~$81,206,318 | ~$81,206,318 | ~2.2082% | ~$1,793,186 | +24.1% |
| 2030 | ~$85,709,004 | ~$85,709,004 | ~2.2082% | ~$1,892,613 | +31.0% |
| 2026 | ~$71,686,084 | ~$71,686,084 | ~2.1168% | ~$1,517,424 | +9.5% |
| 2027 | ~$78,528,341 | ~$78,528,341 | ~2.0253% | ~$1,590,466 | +20.0% |
| 2028 | ~$86,023,674 | ~$86,023,674 | ~1.9339% | ~$1,663,626 | +31.5% |
| 2029 | ~$94,234,417 | ~$94,234,417 | ~1.8425% | ~$1,736,263 | +44.0% |
| 2030 | ~$103,228,856 | ~$103,228,856 | ~1.7511% | ~$1,807,611 | +57.7% |
In 2025, this property's market value of $65,440,000 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 | $65,440,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $67,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $64,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $48,920,000 | $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.