9218 BALCONES CLUB DR TX 78750
| Owner | PLEASANTON HOUSING FINANCE |
|---|---|
| Parcel ID | 0170110708 |
| Short ID | 174383 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 256,664 SF |
| Land SF | 566,280 SF |
| Acres | 13.000 |
| Year Built | 1983 |
| Legal | LOT 1 BALCONES COMMERCIAL SEC 3 (5.983AC TRAVIS CO) |
| Neighborhood | 08FNW |
| Land | $4,530,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,530,240 |
| Improvement | $43,659,760 |
|---|---|
| Total Improvement | $43,659,760 |
| Market | $48,190,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $48,190,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$26,022,600 |
| Net Appraised (assessed) | $22,167,400 |
| Taxable Value | $22,167,400 |
|---|
Appreciation: Market value has risen +186.8% from $16,803,800 (2021) to $48,190,000 (2025), a CAGR of 30.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $446,537. Round Rock ISD is the largest single contributor, at 44.3% of the total 2025 levy.
Assessment Gap: Assessed value ($22,167,400) is $26,022,600 below market value, suggesting potential for an upward assessment in future years.
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 9% of market value ($4,530,240 land vs $43,659,760 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $48,190,000, 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 +30.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $179,843,069 by 2030, with an estimated annual tax burden around $614,640. 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.
23 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 126,284 SF | ✓ |
| 2ND | 2nd Floor | 126,284 SF | ✓ |
| 551 | PAVED AREA | 77,000 SF | ✗ |
| SO | Sketch Only | 20,209 SF | ✗ |
| 591 | MASONRY TRIM SF | 15,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 9,756 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 4,858 SF | ✗ |
| 3RD | 3rd Floor | 4,096 SF | ✓ |
| 581C | STORAGE ATT COMM | 3,520 SF | ✓ |
| 611 | TERRACE | 2,360 SF | ✗ |
| 601 | POOL COMM'L | 1,180 SF | ✗ |
| MISC | Miscellaneous | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 282 | LIGHT POLES FV | 1 SF | ✓ |
| 349 | SPA FV | 1 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 539 | FENCE FV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $189,801.61 | $189,801.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $111,364.09 | $111,364.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $79,874.58 | $79,874.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $25,082.25 | $25,082.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,974.57 | $21,974.57 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $428,097.10 | $428,097.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $36,900,000 | $48,190,000 | -23.4% |
| Assessed Value | $16,974,000 | $22,167,400 | -23.4% |
| Land Value | $4,530,240 | $4,530,240 | +0.0% |
| Improvement Value | $32,369,760 | $43,659,760 | -25.9% |
| Taxable Value | $16,974,000 | $22,167,400 | -23.4% |
| HS Cap Loss | -$19,926,000 | — | |
| Total Tax 2026 = estimate |
~$341,922
Estimated
|
~$428,097
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $36,900,000 | $36,900,000 | +0 (+0.0%) |
| Taxable Value | $16,974,000 | $16,974,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $36,900,000 | $4,530,240 | $32,369,760 | −$19,926,000 | $16,974,000 | $16,974,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $48,190,000 | $4,530,240 | $43,659,760 | −$26,022,600 | $22,167,400 | $22,167,400 | ~$428,097 | Partial |
| 2024 | $63,800,000 | — | — | −$61,716,090 | $2,083,910 | $— | $442,373 | Verified |
| 2023 | $54,336,922 | — | — | −$52,253,012 | $2,083,910 | $— | $533,742 | Verified |
| 2022 | $40,330,000 | — | — | −$38,246,090 | $2,083,910 | $— | $510,128 | Verified |
| 2021 | $16,803,800 | — | — | −$14,719,890 | $2,083,910 | $— | $404,036 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -23.4% | -23.4% | ~100% | Not available | Partial |
| 2025 | -9.4% | +97.0% | ~100% | Not available | Partial |
| 2024 | -18.1% | -18.1% | 46.0% | 0.8300% | Verified |
| 2023 | +19.5% | +19.5% | 46.0% | 0.8200% | Verified |
| 2022 | +34.7% | -38.0% | 46.0% | 0.9400% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.4% | +28.8% | +38.1% | +140.0% | 2022 | -24.5% | 2025 |
| Assessment Ratio | 46.0% | 19.4% | — | 46.0% | 2025 | 3.3% | 2024 |
| Effective Tax Rate (2025) | 0.8900% | 0.8900% | — | 0.8900% | 2025 | 0.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$428,097 | $463,675 | ~$544,148 | $533,742 | 2023 | $404,036 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$62,711,080 | ~$24,384,140 | ~1.9558% | ~$476,914 | +30.1% |
| 2027 | ~$81,607,794 | ~$26,822,554 | ~1.8973% | ~$508,901 | +69.3% |
| 2028 | ~$106,198,649 | ~$29,504,809 | ~1.8387% | ~$542,517 | +120.4% |
| 2029 | ~$138,199,461 | ~$32,455,290 | ~1.7802% | ~$577,766 | +186.8% |
| 2030 | ~$179,843,069 | ~$35,700,819 | ~1.7216% | ~$614,640 | +273.2% |
| 2026 | ~$61,747,280 | ~$24,384,140 | ~2.0144% | ~$491,190 | +28.1% |
| 2027 | ~$79,118,627 | ~$26,822,554 | ~2.0144% | ~$540,310 | +64.2% |
| 2028 | ~$101,377,049 | ~$29,504,809 | ~2.0144% | ~$594,340 | +110.4% |
| 2029 | ~$129,897,429 | ~$32,455,290 | ~2.0144% | ~$653,774 | +169.6% |
| 2030 | ~$166,441,439 | ~$35,700,819 | ~2.0144% | ~$719,152 | +245.4% |
| 2026 | ~$63,674,880 | ~$24,384,140 | ~1.9266% | ~$469,776 | +32.1% |
| 2027 | ~$84,135,513 | ~$26,822,554 | ~1.8387% | ~$493,197 | +74.6% |
| 2028 | ~$111,170,756 | ~$29,504,809 | ~1.7509% | ~$516,605 | +130.7% |
| 2029 | ~$146,893,226 | ~$32,455,290 | ~1.6631% | ~$539,762 | +204.8% |
| 2030 | ~$194,094,388 | ~$35,700,819 | ~1.5753% | ~$562,385 | +302.8% |
In 2025, this property's market value of $48,190,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 93× 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 | $48,190,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $63,800,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $54,336,922 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $40,330,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $16,803,800 | $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.