600 W 26 ST TX 78705
| Owner | ACC OP (26 WEST) LLC |
|---|---|
| Parcel ID | 0215020501 |
| Short ID | 208170 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 236,450 SF |
| Land SF | 207,643 SF |
| Acres | 4.767 |
| Year Built | 2008 |
| Legal | ALL OF OLT 61 DIVISION D & LOT 1 BLK 2 OLT 63 DIVISION D |
| Neighborhood | 08WC |
| Land | $46,719,675 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $46,719,675 |
| Improvement | $105,280,325 |
|---|---|
| Total Improvement | $105,280,325 |
| Market | $152,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $152,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $152,000,000 |
| Taxable Value | $152,000,000 |
|---|
Appreciation: Market value has fallen -3.1% from $156,810,000 (2021) to $152,000,000 (2025), a CAGR of -0.8% over 4 years. Growth has been relatively flat for this asset class. 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 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 $3,110,657. 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 31% of market value ($46,719,675 land vs $105,280,325 improvements), about $225/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $152,000,000, 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 -0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $146,194,448 by 2030, with an estimated annual tax burden around $2,753,927. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 203,308 SF | ✓ |
| 3RD | 3rd Floor | 82,484 SF | ✓ |
| 4TH | 4th Floor | 82,484 SF | ✓ |
| 5TH | 5th Floor | 82,484 SF | ✓ |
| 2ND | 2nd Floor | 80,239 SF | ✓ |
| 1ST | 1st Floor | 73,727 SF | ✓ |
| MISC | Miscellaneous | 7,527 SF | ✓ |
| SO | Sketch Only | 5,438 SF | ✗ |
| 601 | POOL COMM'L | 1,500 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% | $1,387,800.00 | $1,387,800.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $786,025.50 | $786,025.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $563,767.50 | $563,767.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $177,034.50 | $177,034.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $155,100.00 | $155,100.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,069,727.50 | $3,069,727.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $161,700,000 | $152,000,000 | +6.4% |
| Assessed Value | $161,700,000 | $152,000,000 | +6.4% |
| Land Value | $46,719,675 | $46,719,675 | +0.0% |
| Improvement Value | $114,980,325 | $105,280,325 | +9.2% |
| Taxable Value | $161,700,000 | $152,000,000 | +6.4% |
| Total Tax 2026 = estimate |
~$3,309,166
Estimated
|
~$3,069,728
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $164,025,108 | $161,700,000 | -2,325,108 (-1.4%) |
| Taxable Value | $164,025,108 | $161,700,000 | -2,325,108 (-1.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $161,700,000 | $46,719,675 | $114,980,325 | — | $161,700,000 | $161,700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $152,000,000 | $46,719,675 | $105,280,325 | — | $152,000,000 | $152,000,000 | ~$3,069,728 | Partial |
| 2024 | $149,000,000 | — | — | −$102,280,325 | $46,719,675 | $— | $2,916,814 | Verified |
| 2023 | $148,500,000 | — | — | −$101,780,325 | $46,719,675 | $— | $2,700,402 | Verified |
| 2022 | $143,400,000 | — | — | −$112,253,550 | $31,146,450 | $— | $2,937,745 | Verified |
| 2021 | $156,810,000 | — | — | −$125,663,550 | $31,146,450 | $— | $3,129,637 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.9% | +7.9% | ~100% | Not available | Partial |
| 2025 | +3.3% | +3.3% | ~100% | Not available | Partial |
| 2024 | -4.2% | -4.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.1% | +0.1% | ~100% | 1.7600% | Verified |
| 2022 | +1.5% | +1.5% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.4% | +0.7% | -2.0% | +6.4% | 2026 | -8.6% | 2022 |
| Assessment Ratio | 100.0% | 50.8% | — | 100.0% | 2025 | 19.9% | 2021 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,069,728 | $2,950,865 | ~$2,894,752 | $3,129,637 | 2021 | $2,700,402 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$150,820,733 | ~$150,820,733 | ~2.0139% | ~$3,037,434 | -0.8% |
| 2027 | ~$149,650,615 | ~$149,650,615 | ~1.9814% | ~$2,965,159 | -1.5% |
| 2028 | ~$148,489,575 | ~$148,489,575 | ~1.9488% | ~$2,893,823 | -2.3% |
| 2029 | ~$147,337,542 | ~$147,337,542 | ~1.9163% | ~$2,823,416 | -3.1% |
| 2030 | ~$146,194,448 | ~$146,194,448 | ~1.8837% | ~$2,753,927 | -3.8% |
| 2026 | ~$147,780,733 | ~$147,780,733 | ~2.0465% | ~$3,024,311 | -2.8% |
| 2027 | ~$143,678,585 | ~$143,678,585 | ~2.0465% | ~$2,940,361 | -5.5% |
| 2028 | ~$139,690,307 | ~$139,690,307 | ~2.0465% | ~$2,858,741 | -8.1% |
| 2029 | ~$135,812,736 | ~$135,812,736 | ~2.0465% | ~$2,779,387 | -10.6% |
| 2030 | ~$132,042,800 | ~$132,042,800 | ~2.0465% | ~$2,702,236 | -13.1% |
| 2026 | ~$153,860,733 | ~$153,860,733 | ~1.9977% | ~$3,073,618 | +1.2% |
| 2027 | ~$155,744,244 | ~$155,744,244 | ~1.9488% | ~$3,035,205 | +2.5% |
| 2028 | ~$157,650,812 | ~$157,650,812 | ~1.9000% | ~$2,995,392 | +3.7% |
| 2029 | ~$159,580,720 | ~$159,580,720 | ~1.8512% | ~$2,954,149 | +5.0% |
| 2030 | ~$161,534,254 | ~$161,534,254 | ~1.8024% | ~$2,911,447 | +6.3% |
In 2025, this property's market value of $152,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 292× 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 | $152,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $149,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $148,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $143,400,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $156,810,000 | $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.