Address unknown
| Owner | 5COLORADO LP |
|---|---|
| Parcel ID | 0207000103 |
| Short ID | 1001146 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | 565,727 SF |
| Land SF | 17,911 SF |
| Acres | 0.411 |
| Year Built | 2024 |
| Legal | — |
| Neighborhood | — |
| Land | $14,329,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,329,040 |
| Improvement | $87,353,904 |
|---|---|
| Total Improvement | $87,353,904 |
| Market | $101,682,944 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $101,682,944 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $101,682,944 |
| Taxable Value | $101,682,944 |
|---|
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 $2,080,926. 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 14% of market value ($14,329,040 land vs $87,353,904 improvements), about $800/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $101,682,944, 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 565,727 SF | ✓ |
Market value changed by 117% in 2026, 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% | $940,770.60 | $940,770.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $532,835.91 | $532,835.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $382,170.26 | $382,170.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $120,009.26 | $120,009.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $105,140.16 | $105,140.16 | Paid |
| P2U | — | — | — | — | — | — | $93,594.22 | $93,594.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,174,520.41 | $2,174,520.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $221,130,000 | $101,682,944 | +117.5% |
| Assessed Value | $221,130,000 | $101,682,944 | +117.5% |
| Land Value | $25,075,820 | $14,329,040 | +75.0% |
| Improvement Value | $196,054,180 | $87,353,904 | +124.4% |
| Taxable Value | $221,130,000 | $101,682,944 | +117.5% |
| Total Tax 2026 = estimate |
~$4,525,392
Estimated
|
~$2,174,520
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $221,130,000 | $221,130,000 | +0 (+0.0%) |
| Taxable Value | $221,130,000 | $221,130,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $221,130,000 | $25,075,820 | $196,054,180 | — | $221,130,000 | $221,130,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $101,682,944 | $14,329,040 | $87,353,904 | — | $101,682,944 | $101,682,944 | ~$2,174,520 | Partial |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +117.5% ! | +117.5% | ~100% | Not available | Partial |
| 2025 | base year | — | ~100% | Not available | Partial |
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +117.5% | +117.5% | — | +117.5% | 2026 | +117.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$2,174,520 | $2,174,520 | — | $2,174,520 | 2025 | $2,174,520 | 2025 |
In 2025, this property's market value of $101,682,944 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 196× 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 | $101,682,944 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
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.