2901 MANOR CIR TX 78723
| Owner | MANOR & ALEXANDER DEVELOPMENT |
|---|---|
| Parcel ID | 0212120704 |
| Short ID | 820996 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 266,475 SF |
| Land SF | 101,756 SF |
| Acres | 2.336 |
| Year Built | 2022 |
| Legal | LOT 1 BLK A REDEEMER PRESBYTERIAN SUBD |
| Neighborhood | 08EC |
| Land | $8,140,493 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,140,493 |
| Improvement | $62,899,507 |
|---|---|
| Total Improvement | $62,899,507 |
| Market | $71,040,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $71,040,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $71,040,000 |
| Taxable Value | $71,040,000 |
|---|
Appreciation: Market value has risen +1296.3% from $5,087,808 (2021) to $71,040,000 (2025), a CAGR of 93.3% 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 $1,453,823. 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 11% of market value ($8,140,493 land vs $62,899,507 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $71,040,000, 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 +93.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,917,424,408 by 2030, with an estimated annual tax burden around $36,119,338. 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 | 266,475 SF | ✓ |
Market value changed by 217% 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% | $657,262.08 | $657,262.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $372,261.68 | $372,261.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $267,000.29 | $267,000.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $83,843.54 | $83,843.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $73,455.36 | $73,455.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,453,822.95 | $1,453,822.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $67,812,397 | $71,040,000 | -4.5% |
| Assessed Value | $67,812,397 | $71,040,000 | -4.5% |
| Land Value | $8,140,493 | $8,140,493 | +0.0% |
| Improvement Value | $59,671,904 | $62,899,507 | -5.1% |
| Taxable Value | $67,812,397 | $71,040,000 | -4.5% |
| Total Tax 2026 = estimate |
~$1,387,771
Estimated
|
~$1,453,823
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $67,812,397 | $67,812,397 | +0 (+0.0%) |
| Taxable Value | $67,812,397 | $67,812,397 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $67,812,397 | $8,140,493 | $59,671,904 | — | $67,812,397 | $67,812,397 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $71,040,000 | $8,140,493 | $62,899,507 | — | $71,040,000 | $71,040,000 | ~$1,453,823 | Partial |
| 2024 | $44,805,321 | — | — | −$36,664,828 | $8,140,493 | $— | $1,539,019 | Verified |
| 2023 | $20,914,264 | — | — | −$12,773,771 | $8,140,493 | $— | $810,639 | Verified |
| 2022 | $6,593,125 | — | — | — | $6,614,150 ! | $— | $413,041 | Verified |
| 2021 | $5,087,808 | — | — | — | $5,087,808 | $— | $143,511 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2024 | +73.3% | +73.3% | ~100% | 1.9800% | Verified |
| 2023 | +114.2% ! | +114.2% | ~100% | 1.8100% | Verified |
| 2022 | +217.2% ! | +217.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +977.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.5% | +83.0% | +95.1% | +217.2% | 2023 | -4.5% | 2026 |
| Assessment Ratio | 100.0% | 76.2% | — | 100.3% | 2022 | 18.2% | 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 |
$1,453,823 | $872,007 | ~$14,630,565 | $1,539,019 | 2024 | $143,511 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$137,323,863 | ~$137,323,863 | ~2.0139% | ~$2,765,615 | +93.3% |
| 2027 | ~$265,453,877 | ~$265,453,877 | ~1.9814% | ~$5,259,671 | +273.7% |
| 2028 | ~$513,135,584 | ~$513,135,584 | ~1.9488% | ~$10,000,189 | +622.3% |
| 2029 | ~$991,916,676 | ~$991,916,676 | ~1.9163% | ~$19,008,010 | +1296.3% |
| 2030 | ~$1,917,424,408 | ~$1,917,424,408 | ~1.8837% | ~$36,119,338 | +2599.1% |
| 2026 | ~$135,903,063 | ~$135,903,063 | ~2.0465% | ~$2,781,236 | +91.3% |
| 2027 | ~$259,989,338 | ~$259,989,338 | ~2.0465% | ~$5,320,643 | +266.0% |
| 2028 | ~$497,372,571 | ~$497,372,571 | ~2.0465% | ~$10,178,655 | +600.1% |
| 2029 | ~$951,498,536 | ~$951,498,536 | ~2.0465% | ~$19,472,275 | +1239.4% |
| 2030 | ~$1,820,264,156 | ~$1,820,264,156 | ~2.0465% | ~$37,251,433 | +2462.3% |
| 2026 | ~$138,744,663 | ~$138,744,663 | ~1.9977% | ~$2,771,650 | +95.3% |
| 2027 | ~$270,975,247 | ~$270,975,247 | ~1.9488% | ~$5,280,873 | +281.4% |
| 2028 | ~$529,228,173 | ~$529,228,173 | ~1.9000% | ~$10,055,424 | +645.0% |
| 2029 | ~$1,033,609,018 | ~$1,033,609,018 | ~1.8512% | ~$19,134,108 | +1355.0% |
| 2030 | ~$2,018,689,964 | ~$2,018,689,964 | ~1.8024% | ~$36,384,288 | +2741.6% |
In 2025, this property's market value of $71,040,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 137× 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 | $71,040,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $44,805,321 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $20,914,264 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $6,593,125 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,087,808 | $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.