3515 WEBBERVILLE RD TX 78702
| Owner | 512 HILL FUND LLC |
|---|---|
| Parcel ID | 0207140132 |
| Short ID | 195970 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 43,168 SF |
| Land SF | 42,057 SF |
| Acres | 0.965 |
| Year Built | 2025 |
| Legal | 0.9655 AC OF LOT 1&2 WOMACK ADDN SEC 1 & PT OF OLT 52 DIV A |
| Neighborhood | 1EC2 |
| Land | $1,051,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,051,425 |
| Improvement | $4,079,635 |
|---|---|
| Total Improvement | $4,079,635 |
| Market | $5,131,060 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,131,060 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,131,060 |
| Taxable Value | $5,131,060 |
|---|
Appreciation: Market value has risen +388.0% from $1,051,425 (2021) to $5,131,060 (2025), a CAGR of 48.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $105,006. 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 20% of market value ($1,051,425 land vs $4,079,635 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,131,060, 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 +48.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $37,217,148 by 2030, with an estimated annual tax burden around $155,665. 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 | 43,168 SF | ✓ |
Market value changed by 100% in 2022, 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% | $47,472.57 | $47,472.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $26,887.63 | $26,887.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,284.83 | $19,284.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,055.83 | $6,055.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,305.52 | $5,305.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $105,006.38 | $105,006.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,437,993 | $5,131,060 | +6.0% |
| Assessed Value | $5,437,993 | $5,131,060 | +6.0% |
| Land Value | $1,051,425 | $1,051,425 | +0.0% |
| Improvement Value | $4,386,568 | $4,079,635 | +7.5% |
| Taxable Value | $5,437,993 | $5,131,060 | +6.0% |
| Total Tax 2026 = estimate |
~$111,288
Estimated
|
~$105,006
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,437,993 | $5,437,993 | +0 (+0.0%) |
| Taxable Value | $5,437,993 | $5,437,993 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,437,993 | $1,051,425 | $4,386,568 | — | $5,437,993 | $5,437,993 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,131,060 | $1,051,425 | $4,079,635 | — | $5,131,060 | $5,131,060 | ~$105,006 | Partial |
| 2024 | $4,949,366 | — | — | −$3,897,941 | $1,051,425 | $— | $96,393 | Verified |
| 2023 | $2,100,000 | — | — | −$1,048,575 | $1,051,425 | $— | $89,546 | Verified |
| 2022 | $— | — | — | — | $1,051,425 | $— | $41,473 | Verified |
| 2021 | $1,051,425 | — | — | — | $1,051,425 | $— | $22,886 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.0% | +6.0% | ~100% | Not available | Partial |
| 2025 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2024 | -1.7% | -1.7% | ~100% | 1.9800% | Verified |
| 2023 | +135.7% ! | +135.7% | ~100% | 1.8100% | Verified |
| 2022 | +99.7% ! | +99.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +388.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.0% | +61.3% | +47.0% | +135.7% | 2024 | +3.7% | 2025 |
| Assessment Ratio | 100.0% | 74.3% | — | 100.0% | 2021 | 21.2% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$105,006 | $78,458 | ~$133,881 | $105,006 | 2025 | $22,886 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,626,307 | ~$5,644,166 | ~2.0139% | ~$113,670 | +48.6% |
| 2027 | ~$11,334,999 | ~$6,208,583 | ~1.9814% | ~$123,016 | +120.9% |
| 2028 | ~$16,847,237 | ~$6,829,441 | ~1.9488% | ~$133,095 | +228.3% |
| 2029 | ~$25,040,090 | ~$7,512,385 | ~1.9163% | ~$143,959 | +388.0% |
| 2030 | ~$37,217,148 | ~$8,263,623 | ~1.8837% | ~$155,665 | +625.3% |
| 2026 | ~$7,523,686 | ~$5,644,166 | ~2.0465% | ~$115,507 | +46.6% |
| 2027 | ~$11,031,999 | ~$6,208,583 | ~2.0465% | ~$127,058 | +115.0% |
| 2028 | ~$16,176,248 | ~$6,829,441 | ~2.0465% | ~$139,763 | +215.3% |
| 2029 | ~$23,719,272 | ~$7,512,385 | ~2.0465% | ~$153,740 | +362.3% |
| 2030 | ~$34,779,627 | ~$8,263,623 | ~2.0465% | ~$169,114 | +577.8% |
| 2026 | ~$7,728,928 | ~$5,644,166 | ~1.9977% | ~$112,751 | +50.6% |
| 2027 | ~$11,642,104 | ~$6,208,583 | ~1.9488% | ~$120,995 | +126.9% |
| 2028 | ~$17,536,530 | ~$6,829,441 | ~1.9000% | ~$129,761 | +241.8% |
| 2029 | ~$26,415,318 | ~$7,512,385 | ~1.8512% | ~$139,069 | +414.8% |
| 2030 | ~$39,789,459 | ~$8,263,623 | ~1.8024% | ~$148,941 | +675.5% |
In 2025, this property's market value of $5,131,060 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 10× 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 | $5,131,060 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,949,366 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,100,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $1,051,425 | $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.