214 BARTON SPRINGS RD TX 78704
| Owner | CATHERINE TOWER LLC |
|---|---|
| Parcel ID | 0203000218 |
| Short ID | 544134 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 63,598 SF |
| Acres | 1.460 |
| Year Built | — |
| Legal | LOT 5B T L SUBD NO 1 RESUB OF LOT 5 |
| Neighborhood | 08HIR |
| Land | $11,702,032 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,702,032 |
| Improvement | $110,437,968 |
|---|---|
| Total Improvement | $110,437,968 |
| Market | $122,140,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $122,140,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $122,140,000 |
| Taxable Value | $122,140,000 |
|---|
Appreciation: Market value has fallen -5.3% from $129,000,000 (2021) to $122,140,000 (2025), a CAGR of -1.4% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $2,499,577. Austin ISD is the largest single contributor, at 43.3% 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 10% of market value ($11,702,032 land vs $110,437,968 improvements), about $184/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $122,140,000, 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 -1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $114,075,708 by 2030, with an estimated annual tax burden around $2,148,893. 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 |
|---|---|---|---|
| SO | Sketch Only | 542,713 SF | ✗ |
| ADDL | Additional Floor | 269,203 SF | ✓ |
| 187 | PARKING GARAGE | 209,101 SF | ✓ |
| MISC | Miscellaneous | 6,364 SF | ✓ |
| 407 | LOADING DOCK | 916 SF | ✓ |
| 601 | POOL COMM'L | 420 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,130,039.28 | $1,130,039.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $640,034.36 | $640,034.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $459,057.08 | $459,057.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $144,153.29 | $144,153.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $126,292.76 | $126,292.76 | Paid |
| P2U | — | — | — | — | — | — | $112,517.00 | $112,517.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,612,093.77 | $2,612,093.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $123,005,531 | $122,140,000 | +0.7% |
| Assessed Value | $123,005,531 | $122,140,000 | +0.7% |
| Land Value | $11,702,032 | $11,702,032 | +0.0% |
| Improvement Value | $111,303,499 | $110,437,968 | +0.8% |
| Taxable Value | $123,005,531 | $122,140,000 | +0.7% |
| Total Tax 2026 = estimate |
~$2,517,290
Estimated
|
~$2,612,094
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $135,413,963 | $123,005,531 | -12,408,432 (-9.2%) |
| Taxable Value | $135,413,963 | $123,005,531 | -12,408,432 (-9.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $123,005,531 | $11,702,032 | $111,303,499 | — | $123,005,531 | $123,005,531 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $122,140,000 | $11,702,032 | $110,437,968 | — | $122,140,000 | $122,140,000 | ~$2,612,094 | Partial |
| 2024 | $156,960,000 | — | — | −$145,257,968 | $11,702,032 | $— | $2,638,578 | Verified |
| 2023 | $136,500,000 | — | — | −$124,797,968 | $11,702,032 | $— | $2,489,015 | Verified |
| 2022 | $122,000,000 | — | — | −$114,368,240 | $7,631,760 | $— | $2,837,198 | Verified |
| 2021 | $129,000,000 | — | — | −$121,368,240 | $7,631,760 | $— | $2,655,548 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.9% | +10.9% | ~100% | Not available | Partial |
| 2025 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2024 | -18.9% | -18.9% | ~100% | 2.0700% | Verified |
| 2023 | +10.5% | +10.5% | ~100% | 1.5900% | Verified |
| 2022 | +16.4% | +16.4% | ~100% | 2.0000% | Verified |
| 2021 | base year | — | ~100% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +0.0% | -1.5% | +15.0% | 2024 | -22.2% | 2025 |
| Assessment Ratio | 100.0% | 38.1% | — | 100.0% | 2025 | 5.9% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,612,094 | $2,646,487 | ~$2,286,201 | $2,837,198 | 2022 | $2,489,015 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$120,482,776 | ~$120,482,776 | ~2.0139% | ~$2,426,447 | -1.4% |
| 2027 | ~$118,848,038 | ~$118,848,038 | ~1.9814% | ~$2,354,841 | -2.7% |
| 2028 | ~$117,235,481 | ~$117,235,481 | ~1.9488% | ~$2,284,731 | -4.0% |
| 2029 | ~$115,644,803 | ~$115,644,803 | ~1.9163% | ~$2,216,091 | -5.3% |
| 2030 | ~$114,075,708 | ~$114,075,708 | ~1.8837% | ~$2,148,893 | -6.6% |
| 2026 | ~$118,039,976 | ~$118,039,976 | ~2.0465% | ~$2,415,670 | -3.4% |
| 2027 | ~$114,077,583 | ~$114,077,583 | ~2.0465% | ~$2,334,581 | -6.6% |
| 2028 | ~$110,248,201 | ~$110,248,201 | ~2.0465% | ~$2,256,213 | -9.7% |
| 2029 | ~$106,547,364 | ~$106,547,364 | ~2.0465% | ~$2,180,476 | -12.8% |
| 2030 | ~$102,970,758 | ~$102,970,758 | ~2.0465% | ~$2,107,281 | -15.7% |
| 2026 | ~$122,925,576 | ~$122,925,576 | ~1.9977% | ~$2,455,638 | +0.6% |
| 2027 | ~$123,716,206 | ~$123,716,206 | ~1.9488% | ~$2,411,030 | +1.3% |
| 2028 | ~$124,511,920 | ~$124,511,920 | ~1.9000% | ~$2,365,747 | +1.9% |
| 2029 | ~$125,312,752 | ~$125,312,752 | ~1.8512% | ~$2,319,782 | +2.6% |
| 2030 | ~$126,118,735 | ~$126,118,735 | ~1.8024% | ~$2,273,128 | +3.3% |
In 2025, this property's market value of $122,140,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 235× 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 | $122,140,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $156,960,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $136,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $122,000,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $129,000,000 | $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.