760 AIRPORT BLVD 78702
| Owner | OH AIRPORT LP |
|---|---|
| Parcel ID | 0202170324 |
| Short ID | 967378 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 301,125 SF |
| Land SF | 227,775 SF |
| Acres | 5.229 |
| Year Built | 2024 |
| Legal | 760 AIRPORT FLATS LOT 1 |
| Neighborhood | EC |
| Land | $20,499,772 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $20,499,772 |
| Improvement | $70,960,228 |
|---|---|
| Total Improvement | $70,960,228 |
| Market | $91,460,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $91,460,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $91,460,000 |
| Taxable Value | $91,460,000 |
|---|
Appreciation: Market value has risen +191.3% from $31,400,000 (2024) to $91,460,000 (2025), a CAGR of 191.3% over 1 year. 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 fell -7.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,871,715. Austin ISD is the largest single contributor, at 45.2% 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 22% of market value ($20,499,772 land vs $70,960,228 improvements), about $90/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $91,460,000, 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 +191.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,175,157,592 by 2030, with an estimated annual tax burden around $361,210,593. 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 | 301,125 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +42,453 |
| Travis County | 0.3444% | 0.3758% | +28,718 |
| Austin ISD | 0.9505% | 0.9252% | -23,139 |
| Travis Central Health | 0.1080% | 0.1180% | +9,195 |
| Austin Community College | 0.1013% | 0.1034% | +1,921 |
Market value changed by 133% in 2025, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $846,187.92 | $352,055.89 | $494,132.03 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $479,265.95 | $199,398.26 | $279,867.69 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $343,747.84 | $143,016.05 | $200,731.79 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $107,943.84 | $44,909.96 | $63,033.88 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $94,569.64 | $39,345.63 | $55,224.01 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,871,715.19 | $778,725.79 | $1,092,989.40 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $96,510,000 | $91,460,000 | +5.5% |
| Assessed Value | $96,510,000 | $91,460,000 | +5.5% |
| Land Value | $20,499,772 | $20,499,772 | +0.0% |
| Improvement Value | $76,010,228 | $70,960,228 | +7.1% |
| Taxable Value | $96,510,000 | $91,460,000 | +5.5% |
| Total Tax 2026 = estimate |
~$1,975,063
Estimated
|
$1,871,715 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $101,877,185 | $96,510,000 | -5,367,185 (-5.3%) |
| Taxable Value | $101,877,185 | $96,510,000 | -5,367,185 (-5.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $96,510,000 | $20,499,772 | $76,010,228 | — | $96,510,000 | $96,510,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $91,460,000 | $20,499,772 | $70,960,228 | — | $91,460,000 | $91,460,000 | $1,871,715 | Verified |
| 2024 | $31,400,000 | — | — | −$10,900,228 | $20,499,772 | $— | $778,726 | Verified |
| 2023 | $— | — | — | — | $20,499,772 | $— | $569,248 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2025 | +132.8% ! | +132.8% | ~100% | 2.0500% | Verified |
| 2024 | +20.7% | +20.7% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +180.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.5% | +98.4% | +188.2% | +191.3% | 2025 | +5.5% | 2026 |
| Assessment Ratio | 100.0% | 88.4% | — | 100.0% | 2025 | 65.3% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $1,871,715 | $1,325,220 | ~$110,430,045 | $1,871,715 | 2025 | $778,726 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$266,399,096 | ~$266,399,096 | ~2.0139% | ~$5,365,109 | +191.3% |
| 2027 | ~$775,950,996 | ~$775,950,996 | ~1.9814% | ~$15,374,600 | +748.4% |
| 2028 | ~$2,260,142,615 | ~$2,260,142,615 | ~1.9488% | ~$44,046,552 | +2371.2% |
| 2029 | ~$6,583,205,209 | ~$6,583,205,209 | ~1.9163% | ~$126,153,369 | +7097.9% |
| 2030 | ~$19,175,157,592 | ~$19,175,157,592 | ~1.8837% | ~$361,210,593 | +20865.6% |
| 2026 | ~$264,569,896 | ~$264,569,896 | ~2.0465% | ~$5,414,383 | +189.3% |
| 2027 | ~$765,331,616 | ~$765,331,616 | ~2.0465% | ~$15,662,397 | +736.8% |
| 2028 | ~$2,213,904,502 | ~$2,213,904,502 | ~2.0465% | ~$45,307,224 | +2320.6% |
| 2029 | ~$6,404,247,572 | ~$6,404,247,572 | ~2.0465% | ~$131,061,966 | +6902.2% |
| 2030 | ~$18,525,815,778 | ~$18,525,815,778 | ~2.0465% | ~$379,128,041 | +20155.6% |
| 2026 | ~$268,228,296 | ~$268,228,296 | ~1.9977% | ~$5,358,295 | +193.3% |
| 2027 | ~$786,643,544 | ~$786,643,544 | ~1.9488% | ~$15,330,420 | +760.1% |
| 2028 | ~$2,307,020,085 | ~$2,307,020,085 | ~1.9000% | ~$43,833,768 | +2422.4% |
| 2029 | ~$6,765,887,440 | ~$6,765,887,440 | ~1.8512% | ~$125,249,702 | +7297.6% |
| 2030 | ~$19,842,580,973 | ~$19,842,580,973 | ~1.8024% | ~$357,636,975 | +21595.4% |
In 2025, this property's market value of $91,460,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 176× 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 | $91,460,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $31,400,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
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.