1044 SPRINGDALE RD TX 78721
| Owner | SPRINGDALE ESTATES |
|---|---|
| Parcel ID | 0207170344 |
| Short ID | 525330 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 51,569 SF |
| Land SF | 144,140 SF |
| Acres | 3.309 |
| Year Built | 2003 |
| Legal | LOT 1 SPRINGDALE GARDENS SUBD AMENDED PLAT |
| Neighborhood | 08TC |
| Land | $4,216,095 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,216,095 |
| Improvement | $393,905 |
|---|---|
| Total Improvement | $393,905 |
| Market | $4,610,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,610,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,610,000 |
| Taxable Value | $4,610,000 |
|---|
Appreciation: Market value has risen +51.6% from $3,040,000 (2021) to $4,610,000 (2025), a CAGR of 11.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $94,343. 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 91% of market value ($4,216,095 land vs $393,905 improvements), about $29/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,610,000, 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 +11.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,757,738 by 2030, with an estimated annual tax burden around $139,858. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 28,252 SF | ✓ |
| 2ND | 2nd Floor | 23,317 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 152 | COMMODE 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% | $42,651.72 | $42,651.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,157.18 | $24,157.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,326.45 | $17,326.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,440.86 | $5,440.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,766.74 | $4,766.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $94,342.95 | $94,342.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,630,000 | $4,610,000 | +0.4% |
| Assessed Value | $4,630,000 | $4,610,000 | +0.4% |
| Land Value | $4,216,095 | $4,216,095 | +0.0% |
| Improvement Value | $413,905 | $393,905 | +5.1% |
| Taxable Value | $4,630,000 | $4,610,000 | +0.4% |
| Total Tax 2026 = estimate |
~$94,752
Estimated
|
~$94,343
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,811,021 | $4,630,000 | -181,021 (-3.8%) |
| Taxable Value | $4,811,021 | $4,630,000 | -181,021 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,630,000 | $4,216,095 | $413,905 | — | $4,630,000 | $4,630,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,610,000 | $4,216,095 | $393,905 | — | $4,610,000 | $4,610,000 | ~$94,343 | Partial |
| 2024 | $4,090,000 | — | — | — | $4,216,095 ! | $— | $82,428 | Verified |
| 2023 | $3,430,000 | — | — | — | $3,747,640 ! | $— | $69,388 | Verified |
| 2022 | $3,150,000 | — | — | −$807,725 | $2,342,275 | $— | $67,740 | Verified |
| 2021 | $3,040,000 | — | — | −$697,725 | $2,342,275 | $— | $68,565 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.4% | +4.4% | ~100% | Not available | Partial |
| 2025 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2024 | +1.5% | +1.5% | ~100% | 1.9000% | Verified |
| 2023 | +24.4% | +24.4% | ~100% | 1.6300% | Verified |
| 2022 | +8.9% | +8.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +9.0% | +10.9% | +19.2% | 2024 | +0.4% | 2026 |
| Assessment Ratio | 100.0% | 94.0% | — | 109.3% | 2023 | 74.4% | 2022 |
| 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 |
$94,343 | $76,493 | ~$120,286 | $94,343 | 2025 | $67,740 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,115,732 | ~$5,071,000 | ~2.0139% | ~$102,127 | +11.0% |
| 2027 | ~$5,676,944 | ~$5,578,100 | ~1.9814% | ~$110,524 | +23.1% |
| 2028 | ~$6,299,723 | ~$6,135,910 | ~1.9488% | ~$119,579 | +36.7% |
| 2029 | ~$6,990,822 | ~$6,749,501 | ~1.9163% | ~$129,340 | +51.6% |
| 2030 | ~$7,757,738 | ~$7,424,451 | ~1.8837% | ~$139,858 | +68.3% |
| 2026 | ~$5,023,532 | ~$5,023,532 | ~2.0465% | ~$102,806 | +9.0% |
| 2027 | ~$5,474,159 | ~$5,474,159 | ~2.0465% | ~$112,028 | +18.7% |
| 2028 | ~$5,965,208 | ~$5,965,208 | ~2.0465% | ~$122,077 | +29.4% |
| 2029 | ~$6,500,306 | ~$6,500,306 | ~2.0465% | ~$133,028 | +41.0% |
| 2030 | ~$7,083,404 | ~$7,083,404 | ~2.0465% | ~$144,961 | +53.7% |
| 2026 | ~$5,207,932 | ~$5,071,000 | ~1.9977% | ~$101,301 | +13.0% |
| 2027 | ~$5,883,417 | ~$5,578,100 | ~1.9488% | ~$108,708 | +27.6% |
| 2028 | ~$6,646,515 | ~$6,135,910 | ~1.9000% | ~$116,583 | +44.2% |
| 2029 | ~$7,508,589 | ~$6,749,501 | ~1.8512% | ~$124,946 | +62.9% |
| 2030 | ~$8,482,477 | ~$7,424,451 | ~1.8024% | ~$133,816 | +84.0% |
In 2025, this property's market value of $4,610,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 9× 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 | $4,610,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,090,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,430,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,150,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,040,000 | $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.