1950 WEBBERVILLE RD 78721
| Owner | 1950 WEBBERVILLE ROAD TX OWNER LP |
|---|---|
| Parcel ID | 0212230524 |
| Short ID | 567197 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 196,000 SF |
| Land SF | 442,831 SF |
| Acres | 10.166 |
| Year Built | 2004 |
| Legal | LOT 1 BLK A EAGLES POINTE |
| Neighborhood | TC |
| Land | $6,642,464 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,642,464 |
| Improvement | $16,910,727 |
|---|---|
| Total Improvement | $16,910,727 |
| Market | $40,411,130 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,411,130 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,411,130 |
| Taxable Value | $40,411,130 |
|---|
Appreciation: Market value has risen +405.1% from $8,000,000 (2021) to $40,411,130 (2025), a CAGR of 49.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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.
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 16% of market value ($6,642,464 land vs $16,910,727 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $40,411,130, 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 +49.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $306,030,530 by 2030, with an estimated annual tax burden around $0. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 73,500 SF | ✓ |
| 2ND | 2nd Floor | 73,500 SF | ✓ |
| 3RD | 3rd Floor | 49,000 SF | ✓ |
| MISC | Miscellaneous | 6,361 SF | ✓ |
| 601 | POOL COMM'L | 1,000 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 567197 | EAGLES POINT HOUSING PARTNERS LTD | 1950 WEBBERVILLE RD 78721 | $23,553,191 | $23,553,191 | $0 |
| 998143 | 1950 WEBBERVILLE ROAD TX OWNER LP | — | $20,732,203 | $20,732,203 | $0 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $44,285,394 | $40,411,130 | +9.6% |
| Assessed Value | $44,285,394 | $40,411,130 | +9.6% |
| Land Value | $6,642,464 | $6,642,464 | +0.0% |
| Improvement Value | $16,910,727 | $16,910,727 | +0.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $44,285,394 | $44,285,394 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $44,285,394 | $6,642,464 | $16,910,727 | — | $44,285,394 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $40,411,130 | $6,642,464 | $16,910,727 | — | $40,411,130 | $— | not in county billing file ⓘ | Partial |
| 2024 | $12,000,000 | — | — | −$5,357,536 | $6,642,464 | $— | $306,074 | Verified |
| 2023 | $10,000,000 | — | — | −$3,357,536 | $6,642,464 | $— | $218,096 | Verified |
| 2022 | $9,500,000 | — | — | −$7,285,845 | $2,214,155 | $— | $198,282 | Verified |
| 2021 | $8,000,000 | — | — | −$5,785,845 | $2,214,155 | $— | $206,785 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.0% | +23.0% | ~100% | Not available | Partial |
| 2025 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2024 | +22.0% | +22.0% | ~100% | 1.8800% | Verified |
| 2023 | +23.4% | +23.4% | ~100% | 1.6400% | Verified |
| 2022 | +13.7% | +13.7% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +77.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.6% | +58.1% | +47.3% | +236.8% | 2025 | +5.3% | 2023 |
| Assessment Ratio | 100.0% | 62.1% | — | 100.0% | 2025 | 23.3% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $306,074 | $232,309 | — | $306,074 | 2024 | $198,282 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$60,583,414 | ~$44,452,243 | ~0.0000% | ~$0 | +49.9% |
| 2027 | ~$90,825,228 | ~$48,897,467 | ~0.0000% | ~$0 | +124.8% |
| 2028 | ~$136,163,044 | ~$53,787,214 | ~0.0000% | ~$0 | +236.9% |
| 2029 | ~$204,132,428 | ~$59,165,935 | ~0.0000% | ~$0 | +405.1% |
| 2030 | ~$306,030,530 | ~$65,082,529 | ~0.0000% | ~$0 | +657.3% |
| 2026 | ~$59,775,192 | ~$44,452,243 | ~0.0000% | ~$0 | +47.9% |
| 2027 | ~$88,418,056 | ~$48,897,467 | ~0.0000% | ~$0 | +118.8% |
| 2028 | ~$130,785,907 | ~$53,787,214 | ~0.0000% | ~$0 | +223.6% |
| 2029 | ~$193,455,433 | ~$59,165,935 | ~0.0000% | ~$0 | +378.7% |
| 2030 | ~$286,154,721 | ~$65,082,529 | ~0.0000% | ~$0 | +608.1% |
| 2026 | ~$61,391,637 | ~$44,452,243 | ~0.0000% | ~$0 | +51.9% |
| 2027 | ~$93,264,729 | ~$48,897,467 | ~0.0000% | ~$0 | +130.8% |
| 2028 | ~$141,685,581 | ~$53,787,214 | ~0.0000% | ~$0 | +250.6% |
| 2029 | ~$215,245,398 | ~$59,165,935 | ~0.0000% | ~$0 | +432.6% |
| 2030 | ~$326,995,739 | ~$65,082,529 | ~0.0000% | ~$0 | +709.2% |
In 2025, this property's market value of $40,411,130 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 78× 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 | $40,411,130 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $12,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $10,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $9,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $8,000,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |