2600 SAN PEDRO ST TX 78705
| Owner | WEST CAMPUS 26TH LP |
|---|---|
| Parcel ID | 0214000710 |
| Short ID | 206073 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 57,805 SF |
| Land SF | 41,251 SF |
| Acres | 0.947 |
| Year Built | 2013 |
| Legal | LOT 1-3 & .471 AC OLT 59 DIVISION D |
| Neighborhood | 08WC |
| Land | $6,187,698 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,187,698 |
| Improvement | $38,542,302 |
|---|---|
| Total Improvement | $38,542,302 |
| Market | $44,730,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $44,730,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $44,730,000 |
| Taxable Value | $44,730,000 |
|---|
Appreciation: Market value has fallen -8.7% from $48,970,000 (2021) to $44,730,000 (2025), a CAGR of -2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 lagged 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 $915,393. 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 14% of market value ($6,187,698 land vs $38,542,302 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $44,730,000, 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 -2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $39,942,468 by 2030, with an estimated annual tax burden around $752,413. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 74,991 SF | ✓ |
| 2ND | 2nd Floor | 26,570 SF | ✓ |
| 3RD | 3rd Floor | 24,871 SF | ✓ |
| 4TH | 4th Floor | 24,871 SF | ✓ |
| 5TH | 5th Floor | 24,871 SF | ✓ |
| ADDL | Additional Floor | 24,693 SF | ✓ |
| 1ST | 1st Floor | 6,364 SF | ✓ |
| MISC | Miscellaneous | 5,398 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 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% | $413,841.96 | $413,841.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $234,392.80 | $234,392.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $168,115.47 | $168,115.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $52,791.69 | $52,791.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $46,250.82 | $46,250.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $915,392.74 | $915,392.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $43,370,000 | $44,730,000 | -3.0% |
| Assessed Value | $43,370,000 | $44,730,000 | -3.0% |
| Land Value | $6,187,698 | $6,187,698 | +0.0% |
| Improvement Value | $37,182,302 | $38,542,302 | -3.5% |
| Taxable Value | $43,370,000 | $44,730,000 | -3.0% |
| Total Tax 2026 = estimate |
~$887,561
Estimated
|
~$915,393
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $45,092,003 | $43,370,000 | -1,722,003 (-3.8%) |
| Taxable Value | $45,092,003 | $43,370,000 | -1,722,003 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $43,370,000 | $6,187,698 | $37,182,302 | — | $43,370,000 | $43,370,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $44,730,000 | $6,187,698 | $38,542,302 | — | $44,730,000 | $44,730,000 | ~$915,393 | Partial |
| 2024 | $43,500,000 | — | — | −$37,312,302 | $6,187,698 | $— | $783,349 | Verified |
| 2023 | $48,810,000 | — | — | −$42,622,302 | $6,187,698 | $— | $792,445 | Verified |
| 2022 | $47,720,000 | — | — | −$41,119,789 | $6,600,211 | $— | $864,332 | Verified |
| 2021 | $48,970,000 | — | — | −$42,369,788 | $6,600,212 | $— | $932,631 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2024 | -17.0% | -17.0% | ~100% | 1.8300% | Verified |
| 2023 | +5.7% | +5.7% | ~100% | 1.5400% | Verified |
| 2022 | +2.3% | +2.3% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 1.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.0% | -2.3% | -1.6% | +2.8% | 2025 | -10.9% | 2024 |
| Assessment Ratio | 100.0% | 42.4% | — | 100.0% | 2025 | 12.7% | 2023 |
| 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 |
$915,393 | $857,630 | ~$815,506 | $932,631 | 2021 | $783,349 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$43,728,653 | ~$43,728,653 | ~2.0139% | ~$880,667 | -2.2% |
| 2027 | ~$42,749,722 | ~$42,749,722 | ~1.9814% | ~$847,038 | -4.4% |
| 2028 | ~$41,792,706 | ~$41,792,706 | ~1.9488% | ~$814,473 | -6.6% |
| 2029 | ~$40,857,115 | ~$40,857,115 | ~1.9163% | ~$782,941 | -8.7% |
| 2030 | ~$39,942,468 | ~$39,942,468 | ~1.8837% | ~$752,413 | -10.7% |
| 2026 | ~$42,834,053 | ~$42,834,053 | ~2.0465% | ~$876,592 | -4.2% |
| 2027 | ~$41,018,468 | ~$41,018,468 | ~2.0465% | ~$839,437 | -8.3% |
| 2028 | ~$39,279,839 | ~$39,279,839 | ~2.0465% | ~$803,856 | -12.2% |
| 2029 | ~$37,614,905 | ~$37,614,905 | ~2.0465% | ~$769,783 | -15.9% |
| 2030 | ~$36,020,542 | ~$36,020,542 | ~2.0465% | ~$737,155 | -19.5% |
| 2026 | ~$44,623,253 | ~$44,623,253 | ~1.9977% | ~$891,422 | -0.2% |
| 2027 | ~$44,516,760 | ~$44,516,760 | ~1.9488% | ~$867,560 | -0.5% |
| 2028 | ~$44,410,522 | ~$44,410,522 | ~1.9000% | ~$843,807 | -0.7% |
| 2029 | ~$44,304,537 | ~$44,304,537 | ~1.8512% | ~$820,163 | -1.0% |
| 2030 | ~$44,198,805 | ~$44,198,805 | ~1.8024% | ~$796,627 | -1.2% |
In 2025, this property's market value of $44,730,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 86× 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 | $44,730,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $43,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $48,810,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $47,720,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $48,970,000 | $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.