101 COLORADO ST TX 78701
| Owner | MMIP ASHTON AUSTIN OWNER LLC |
|---|---|
| Parcel ID | 0205011102 |
| Short ID | 731141 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | 4,738 SF |
| Land SF | 33,176 SF |
| Acres | 0.762 |
| Year Built | 2008 |
| Legal | UNT RESIDENTIAL ALTAVIDA MASTER CONDOMINIUM AMENDED PLUS 75.0 % INT IN COM AREA |
| Neighborhood | 08HIR |
| Land | $34,503,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $34,503,040 |
| Improvement | $119,496,960 |
|---|---|
| Total Improvement | $119,496,960 |
| Market | $154,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $154,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $154,000,000 |
| Taxable Value | $154,000,000 |
|---|
Appreciation: Market value has fallen -7.1% from $165,830,000 (2021) to $154,000,000 (2025), a CAGR of -1.8% 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 $3,151,587. 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 22% of market value ($34,503,040 land vs $119,496,960 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $154,000,000, 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $140,392,124 by 2030, with an estimated annual tax burden around $2,644,626. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 337,501 SF | ✓ |
| 187 | PARKING GARAGE | 198,700 SF | ✓ |
| MISC | Miscellaneous | 11,003 SF | ✓ |
| 1ST | 1st Floor | 4,738 SF | ✓ |
| 601 | POOL COMM'L | 1,526 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,355,418.00 | $1,355,418.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $767,684.91 | $767,684.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $550,612.93 | $550,612.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $172,903.70 | $172,903.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $151,481.00 | $151,481.00 | Paid |
| P2U | — | — | — | — | — | — | $135,050.00 | $135,050.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,133,150.54 | $3,133,150.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $149,000,000 | $154,000,000 | -3.2% |
| Assessed Value | $149,000,000 | $154,000,000 | -3.2% |
| Land Value | $46,446,400 | $34,503,040 | +34.6% |
| Improvement Value | $102,553,600 | $119,496,960 | -14.2% |
| Taxable Value | $149,000,000 | $154,000,000 | -3.2% |
| Total Tax 2026 = estimate |
~$3,049,263
Estimated
|
~$3,133,151
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $160,755,722 | $149,000,000 | -11,755,722 (-7.3%) |
| Taxable Value | $160,755,722 | $149,000,000 | -11,755,722 (-7.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $149,000,000 | $46,446,400 | $102,553,600 | — | $149,000,000 | $149,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $154,000,000 | $34,503,040 | $119,496,960 | — | $154,000,000 | $154,000,000 | ~$3,133,151 | Partial |
| 2024 | $180,000,000 | — | — | −$145,496,960 | $34,503,040 | $— | $3,209,892 | Verified |
| 2023 | $165,200,000 | — | — | −$142,557,380 | $22,642,620 | $— | $3,434,632 | Verified |
| 2022 | $— | — | — | — | $16,588,000 | $— | $3,433,155 | Verified |
| 2021 | $165,830,000 | — | — | −$149,242,000 | $16,588,000 | $— | $3,500,585 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.4% | +4.4% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | -15.4% | -15.4% | ~100% | 1.9800% | Verified |
| 2023 | +12.2% | +12.2% | ~100% | 1.7900% | Verified |
| 2022 | +7.2% | +7.2% | ~100% | 2.0100% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.2% | -2.2% | -1.2% | +9.0% | 2024 | -14.4% | 2025 |
| Assessment Ratio | 100.0% | 48.6% | — | 100.0% | 2025 | 10.0% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,133,151 | $3,319,565 | ~$2,841,888 | $3,500,585 | 2021 | $3,133,151 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$151,176,792 | ~$151,176,792 | ~2.0139% | ~$3,044,605 | -1.8% |
| 2027 | ~$148,405,341 | ~$148,405,341 | ~1.9814% | ~$2,940,486 | -3.6% |
| 2028 | ~$145,684,697 | ~$145,684,697 | ~1.9488% | ~$2,839,161 | -5.4% |
| 2029 | ~$143,013,930 | ~$143,013,930 | ~1.9163% | ~$2,740,563 | -7.1% |
| 2030 | ~$140,392,124 | ~$140,392,124 | ~1.8837% | ~$2,644,626 | -8.8% |
| 2026 | ~$148,096,792 | ~$148,096,792 | ~2.0465% | ~$3,030,779 | -3.8% |
| 2027 | ~$142,419,869 | ~$142,419,869 | ~2.0465% | ~$2,914,601 | -7.5% |
| 2028 | ~$136,960,557 | ~$136,960,557 | ~2.0465% | ~$2,802,877 | -11.1% |
| 2029 | ~$131,710,514 | ~$131,710,514 | ~2.0465% | ~$2,695,436 | -14.5% |
| 2030 | ~$126,661,718 | ~$126,661,718 | ~2.0465% | ~$2,592,113 | -17.8% |
| 2026 | ~$154,256,792 | ~$154,256,792 | ~1.9977% | ~$3,081,530 | +0.2% |
| 2027 | ~$154,514,013 | ~$154,514,013 | ~1.9488% | ~$3,011,230 | +0.3% |
| 2028 | ~$154,771,662 | ~$154,771,662 | ~1.9000% | ~$2,940,688 | +0.5% |
| 2029 | ~$155,029,741 | ~$155,029,741 | ~1.8512% | ~$2,869,901 | +0.7% |
| 2030 | ~$155,288,250 | ~$155,288,250 | ~1.8024% | ~$2,798,871 | +0.8% |
In 2025, this property's market value of $154,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 296× 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 | $154,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $180,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $165,200,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $165,830,000 | $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.