DECKER LN TX
| Owner | EDCOUCH COMMUNITY HOUSING FINANCE |
|---|---|
| Parcel ID | 0211360207 |
| Short ID | 881289 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 310,068 SF |
| Land SF | 704,496 SF |
| Acres | 16.173 |
| Year Built | 2022 |
| Legal | LOT 4 DECKER CORNER SUBD |
| Neighborhood | 08EC |
| Land | $528,372 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $528,372 |
| Improvement | $65,031,628 |
|---|---|
| Total Improvement | $65,031,628 |
| Market | $65,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,560,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,560,000 |
| Taxable Value | $65,560,000 |
|---|
Appreciation: Market value has risen +12307.9% from $528,372 (2021) to $65,560,000 (2025), a CAGR of 233.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,444,080. Manor ISD is the largest single contributor, at 49.1% 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 1% of market value ($528,372 land vs $65,031,628 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,560,000, 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 +233.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,149,565,420 by 2030, with an estimated annual tax burden around $1,976,887. 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 | 310,068 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 881289 | PRISM DECKER LP | 5301 DECKER LN | $528,372 | $528,372 | $528,372 |
| 1010805 | SPECTRA PARK LEASEHOLD LP | — | $54,960,000 | $54,960,000 | $54,960,000 |
Market value changed by 3999% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $708,965.84 | $708,965.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $343,545.55 | $343,545.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,403.98 | $246,403.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,375.88 | $77,375.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,789.04 | $67,789.04 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $1,444,080.29 | $1,444,080.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $55,488,372 | $65,560,000 | -15.4% |
| Assessed Value | $55,488,372 | $65,560,000 | -15.4% |
| Land Value | $528,372 | $528,372 | +0.0% |
| Improvement Value | — | $65,031,628 | — |
| Taxable Value | $55,488,372 | $65,560,000 | -15.4% |
| Total Tax 2026 = estimate |
~$1,222,234
Estimated
|
~$1,444,080
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $65,941,611 | $55,488,372 | -10,453,239 (-15.9%) |
| Taxable Value | $65,941,611 | $55,488,372 | -10,453,239 (-15.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $55,488,372 | $528,372 | — | — | $55,488,372 | $55,488,372 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,560,000 | $528,372 | $65,031,628 | — | $65,560,000 | $65,560,000 | ~$1,444,080 | Partial |
| 2024 | $83,160,000 | — | — | −$82,631,628 | $528,372 | $— | $1,433,277 | Verified |
| 2023 | $71,500,000 | — | — | −$70,971,628 | $528,372 | $— | $1,554,303 | Verified |
| 2022 | $1,842,552 | — | — | −$1,314,180 | $528,372 | $— | $1,670,159 | Verified |
| 2021 | $528,372 | — | — | — | $528,372 | $— | $45,455 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -99.2% ! | -99.2% | ~100% | Not available | Partial |
| 2025 | -7.4% | -7.4% | ~100% | Not available | Partial |
| 2024 | -14.9% | -14.9% | ~100% | 2.0200% | Verified |
| 2023 | +10.1% | +10.1% | ~100% | 1.8700% | Verified |
| 2022 | +3999.2% ! | +3999.2% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 8.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3458.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.4% | +801.8% | +245.9% | +3780.5% | 2023 | -21.2% | 2025 |
| Assessment Ratio | 100.0% | 55.0% | — | 100.0% | 2021 | 0.6% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,444,080 | $1,229,455 | ~$1,753,986 | $1,670,159 | 2022 | $45,455 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$218,808,270 | ~$72,116,000 | ~2.1366% | ~$1,540,839 | +233.8% |
| 2027 | ~$730,278,508 | ~$79,327,600 | ~2.0705% | ~$1,642,508 | +1013.9% |
| 2028 | ~$2,437,324,238 | ~$87,260,360 | ~2.0045% | ~$1,749,103 | +3617.7% |
| 2029 | ~$8,134,635,446 | ~$95,986,396 | ~1.9384% | ~$1,860,592 | +12307.9% |
| 2030 | ~$27,149,565,420 | ~$105,585,036 | ~1.8723% | ~$1,976,887 | +41311.8% |
| 2026 | ~$217,497,070 | ~$72,116,000 | ~2.2027% | ~$1,588,488 | +231.8% |
| 2027 | ~$721,552,402 | ~$79,327,600 | ~2.2027% | ~$1,747,337 | +1000.6% |
| 2028 | ~$2,393,769,573 | ~$87,260,360 | ~2.2027% | ~$1,922,071 | +3551.3% |
| 2029 | ~$7,941,395,184 | ~$95,986,396 | ~2.2027% | ~$2,114,278 | +12013.2% |
| 2030 | ~$26,345,792,925 | ~$105,585,036 | ~2.2027% | ~$2,325,706 | +40085.8% |
| 2026 | ~$220,119,470 | ~$72,116,000 | ~2.1036% | ~$1,517,014 | +235.8% |
| 2027 | ~$739,057,063 | ~$79,327,600 | ~2.0045% | ~$1,590,094 | +1027.3% |
| 2028 | ~$2,481,404,043 | ~$87,260,360 | ~1.9054% | ~$1,662,619 | +3684.9% |
| 2029 | ~$8,331,381,066 | ~$95,986,396 | ~1.8062% | ~$1,733,749 | +12608.0% |
| 2030 | ~$27,972,836,859 | ~$105,585,036 | ~1.7071% | ~$1,802,478 | +42567.5% |
In 2025, this property's market value of $65,560,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× 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 | $65,560,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $83,160,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $71,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,842,552 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $528,372 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.