11214 N RANCH RD 620 TX 78726
| Owner | BRECKENRIDGE MULTIFAMILY |
|---|---|
| Parcel ID | 0174250103 |
| Short ID | 441097 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 153,450 SF |
| Land SF | 640,506 SF |
| Acres | 14.704 |
| Year Built | 2023 |
| Legal | LOT 1&2 WOODLANDS GREEN SUBD |
| Neighborhood | 61NWE |
| Land | $3,843,036 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,843,036 |
| Improvement | $42,716,964 |
|---|---|
| Total Improvement | $42,716,964 |
| Market | $46,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,560,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,560,000 |
| Taxable Value | $46,560,000 |
|---|
Appreciation: Market value has risen +1717.3% from $2,562,025 (2021) to $46,560,000 (2025), a CAGR of 106.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 1.7842% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $830,709. Leander ISD is the largest single contributor, at 60.9% 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 ($3,843,036 land vs $42,716,964 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $46,560,000, 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 +106.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,747,028,469 by 2030, with an estimated annual tax burden around $1,125,271. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 153,450 SF | ✓ |
Market value changed by 102% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $506,060.64 | $506,060.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $174,993.43 | $174,993.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $54,951.51 | $54,951.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,143.04 | $48,143.04 | Paid |
| E14 Travis County ESD # 14 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $46,560.00 | $46,560.00 | Paid |
| Combined Rate | 2.0110% | 1.8902% | 1.7126% | 1.7406% | 1.7842% | +0.0436% | $830,708.62 | $830,708.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $37,330,000 | $46,560,000 | -19.8% |
| Assessed Value | $37,330,000 | $46,560,000 | -19.8% |
| Land Value | $3,843,036 | $3,843,036 | +0.0% |
| Improvement Value | $33,486,964 | $42,716,964 | -21.6% |
| Taxable Value | $37,330,000 | $46,560,000 | -19.8% |
| Total Tax 2026 = estimate |
~$666,030
Estimated
|
~$830,709
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $37,330,000 | $37,330,000 | +0 (+0.0%) |
| Taxable Value | $37,330,000 | $37,330,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $37,330,000 | $3,843,036 | $33,486,964 | — | $37,330,000 | $37,330,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $46,560,000 | $3,843,036 | $42,716,964 | — | $46,560,000 | $46,560,000 | ~$830,709 | Partial |
| 2024 | $5,169,804 | — | — | −$1,326,768 | $3,843,036 | $— | $475,081 | Verified |
| 2023 | $2,562,025 | — | — | — | $3,843,036 ! | $— | $88,540 | Verified |
| 2022 | $2,562,025 | — | — | −$1 | $2,562,024 | $— | $48,428 | Verified |
| 2021 | $2,562,025 | — | — | −$1 | $2,562,024 | $— | $51,522 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.8% | -19.8% | ~100% | Not available | Partial |
| 2025 | +70.6% | +70.6% | ~100% | Not available | Partial |
| 2024 | +427.9% ! | +427.9% | ~100% | 1.7400% | Verified |
| 2023 | +101.8% ! | +101.8% | ~100% | 1.7100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1717.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.8% | +176.5% | +116.7% | +800.6% | 2025 | -19.8% | 2026 |
| Assessment Ratio | 100.0% | 104.0% | — | 150.0% | 2023 | 74.3% | 2024 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$830,709 | $298,856 | ~$1,002,632 | $830,709 | 2025 | $48,428 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$96,132,530 | ~$51,216,000 | ~1.7275% | ~$884,739 | +106.5% |
| 2027 | ~$198,485,038 | ~$56,337,600 | ~1.6708% | ~$941,267 | +326.3% |
| 2028 | ~$409,812,478 | ~$61,971,360 | ~1.6141% | ~$1,000,255 | +780.2% |
| 2029 | ~$846,140,689 | ~$68,168,496 | ~1.5574% | ~$1,061,627 | +1717.3% |
| 2030 | ~$1,747,028,469 | ~$74,985,346 | ~1.5007% | ~$1,125,271 | +3652.2% |
| 2026 | ~$95,201,330 | ~$51,216,000 | ~1.7842% | ~$913,779 | +104.5% |
| 2027 | ~$194,658,361 | ~$56,337,600 | ~1.7842% | ~$1,005,157 | +318.1% |
| 2028 | ~$398,018,362 | ~$61,971,360 | ~1.7842% | ~$1,105,673 | +754.9% |
| 2029 | ~$813,828,987 | ~$68,168,496 | ~1.7842% | ~$1,216,240 | +1647.9% |
| 2030 | ~$1,664,037,848 | ~$74,985,346 | ~1.7842% | ~$1,337,865 | +3474.0% |
| 2026 | ~$97,063,730 | ~$51,216,000 | ~1.6991% | ~$870,218 | +108.5% |
| 2027 | ~$202,348,964 | ~$56,337,600 | ~1.6141% | ~$909,323 | +334.6% |
| 2028 | ~$421,837,312 | ~$61,971,360 | ~1.5290% | ~$947,546 | +806.0% |
| 2029 | ~$879,405,136 | ~$68,168,496 | ~1.4440% | ~$984,320 | +1788.8% |
| 2030 | ~$1,833,297,744 | ~$74,985,346 | ~1.3589% | ~$1,018,974 | +3837.5% |
In 2025, this property's market value of $46,560,000 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 | $46,560,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,169,804 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,562,025 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,562,025 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,562,025 | $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.