2506 MANOR RD TX 78722
| Owner | MANOR ROAD PARTNERS LTD |
|---|---|
| Parcel ID | 0213110127 |
| Short ID | 205396 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 38,760 SF |
| Land SF | 86,393 SF |
| Acres | 1.983 |
| Year Built | 1972 |
| Legal | LOT 1 OLT 33 DIV C COOK I J SUBD & 1.031 ACR OF DIVISION C |
| Neighborhood | 08EC1 |
| Land | $5,772,572 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,772,572 |
| Improvement | $2,967,428 |
|---|---|
| Total Improvement | $2,967,428 |
| Market | $8,740,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,740,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,740,000 |
| Taxable Value | $8,740,000 |
|---|
Appreciation: Market value has risen +23230.3% from $37,462 (2021) to $8,740,000 (2025), a CAGR of 290.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $178,863. 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 66% of market value ($5,772,572 land vs $2,967,428 improvements), about $67/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $8,740,000, 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 +290.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,969,150,414 by 2030, with an estimated annual tax burden around $150,118,273. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 50,260 SF | ✗ |
| 1ST | 1st Floor | 12,920 SF | ✓ |
| 2ND | 2nd Floor | 12,920 SF | ✓ |
| 3RD | 3rd Floor | 12,920 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,448 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,448 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 3,448 SF | ✗ |
| 571C | STORAGE DET COMM | 720 SF | ✓ |
| 581C | STORAGE ATT COMM | 720 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $80,862.48 | $80,862.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $45,799.09 | $45,799.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,848.85 | $32,848.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,315.21 | $10,315.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,037.16 | $9,037.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $178,862.79 | $178,862.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,190,000 | $8,740,000 | -17.7% |
| Assessed Value | $7,190,000 | $8,740,000 | -17.7% |
| Land Value | $5,772,572 | $5,772,572 | +0.0% |
| Improvement Value | $1,417,428 | $2,967,428 | -52.2% |
| Taxable Value | $7,190,000 | $8,740,000 | -17.7% |
| Total Tax 2026 = estimate |
~$147,142
Estimated
|
~$178,863
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,190,000 | $7,190,000 | +0 (+0.0%) |
| Taxable Value | $7,190,000 | $7,190,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,190,000 | $5,772,572 | $1,417,428 | — | $7,190,000 | $7,190,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,740,000 | $5,772,572 | $2,967,428 | — | $8,740,000 | $8,740,000 | ~$178,863 | Partial |
| 2024 | $12,580,000 | — | — | −$12,519,965 | $60,035 | $— | $219,114 | Verified |
| 2023 | $10,600,000 | — | — | −$10,539,965 | $60,035 | $— | $203,996 | Verified |
| 2022 | $9,129,146 | — | — | −$9,080,367 | $48,779 | $— | $198,084 | Verified |
| 2021 | $37,462 | — | — | — | $37,462 | $— | $193,965 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.7% | -17.7% | ~100% | Not available | Partial |
| 2025 | -27.8% | -27.8% | ~100% | Not available | Partial |
| 2024 | -3.8% | -3.8% | ~100% | 1.8100% | Verified |
| 2023 | +18.7% | +18.7% | ~100% | 1.6200% | Verified |
| 2022 | +16.1% | +16.1% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.7% | +4851.1% | +307.7% | +24269.1% | 2022 | -30.5% | 2025 |
| Assessment Ratio | 100.0% | 50.3% | — | 100.0% | 2021 | 0.5% | 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 |
$178,863 | $198,804 | ~$40,538,720 | $219,114 | 2024 | $178,863 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$34,157,931 | ~$34,157,931 | ~2.0139% | ~$687,919 | +290.8% |
| 2027 | ~$133,497,050 | ~$133,497,050 | ~1.9814% | ~$2,645,095 | +1427.4% |
| 2028 | ~$521,737,181 | ~$521,737,181 | ~1.9488% | ~$10,167,820 | +5869.5% |
| 2029 | ~$2,039,068,923 | ~$2,039,068,923 | ~1.9163% | ~$39,074,494 | +23230.3% |
| 2030 | ~$7,969,150,414 | ~$7,969,150,414 | ~1.8837% | ~$150,118,273 | +91080.2% |
| 2026 | ~$33,983,131 | ~$33,983,131 | ~2.0465% | ~$695,460 | +288.8% |
| 2027 | ~$132,134,229 | ~$132,134,229 | ~2.0465% | ~$2,704,107 | +1411.8% |
| 2028 | ~$513,768,278 | ~$513,768,278 | ~2.0465% | ~$10,514,191 | +5778.4% |
| 2029 | ~$1,997,649,250 | ~$1,997,649,250 | ~2.0465% | ~$40,881,592 | +22756.4% |
| 2030 | ~$7,767,319,818 | ~$7,767,319,818 | ~2.0465% | ~$158,957,035 | +88770.9% |
| 2026 | ~$34,332,731 | ~$34,332,731 | ~1.9977% | ~$685,852 | +292.8% |
| 2027 | ~$134,866,863 | ~$134,866,863 | ~1.9488% | ~$2,628,339 | +1443.1% |
| 2028 | ~$529,788,064 | ~$529,788,064 | ~1.9000% | ~$10,066,062 | +5961.6% |
| 2029 | ~$2,081,129,385 | ~$2,081,129,385 | ~1.8512% | ~$38,525,742 | +23711.5% |
| 2030 | ~$8,175,154,962 | ~$8,175,154,962 | ~1.8024% | ~$147,346,643 | +93437.2% |
In 2025, this property's market value of $8,740,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 17× 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 | $8,740,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $12,580,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $10,600,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $9,129,146 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $37,462 | $300,453 | $376,850 | $539,896 | ↓ Bottom 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.