1900 SIMOND AVE TX 78722
| Owner | PPF AMLI SIMOND AVENUE LLC |
|---|---|
| Parcel ID | 0217131101 |
| Short ID | 820882 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 173,784 SF |
| Land SF | 158,394 SF |
| Acres | 3.636 |
| Year Built | 2014 |
| Legal | LOT 1 BLK 28 MUELLER SEC IIB SUBD |
| Neighborhood | 08EC |
| Land | $7,127,712 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,127,712 |
| Improvement | $71,872,288 |
|---|---|
| Total Improvement | $71,872,288 |
| Market | $79,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $79,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $79,000,000 |
| Taxable Value | $79,000,000 |
|---|
Appreciation: Market value has risen +4382.2% from $1,762,543 (2021) to $79,000,000 (2025), a CAGR of 158.7% 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 $1,616,723. 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 9% of market value ($7,127,712 land vs $71,872,288 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $79,000,000, 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 +158.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,161,915,966 by 2030, with an estimated annual tax burden around $2,396,691. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 188,080 SF | ✓ |
| 1ST | 1st Floor | 68,510 SF | ✓ |
| 2ND | 2nd Floor | 52,637 SF | ✓ |
| 3RD | 3rd Floor | 52,637 SF | ✓ |
| 4TH | 4th Floor | 44,656 SF | ✓ |
| 5TH | 5th Floor | 18,248 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% | $684,648.00 | $684,648.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $387,772.58 | $387,772.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $278,125.30 | $278,125.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $87,337.02 | $87,337.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $76,516.00 | $76,516.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,514,398.90 | $1,514,398.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $73,760,000 | $79,000,000 | -6.6% |
| Assessed Value | $73,760,000 | $79,000,000 | -6.6% |
| Land Value | $7,127,712 | $7,127,712 | +0.0% |
| Improvement Value | $66,632,288 | $71,872,288 | -7.3% |
| Taxable Value | $73,760,000 | $79,000,000 | -6.6% |
| Total Tax 2026 = estimate |
~$1,509,487
Estimated
|
~$1,514,399
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $75,376,753 | $73,760,000 | -1,616,753 (-2.1%) |
| Taxable Value | $75,376,753 | $73,760,000 | -1,616,753 (-2.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $73,760,000 | $7,127,712 | $66,632,288 | — | $73,760,000 | $73,760,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $79,000,000 | $7,127,712 | $71,872,288 | — | $79,000,000 | $79,000,000 | ~$1,514,399 | Partial |
| 2024 | $87,270,000 | — | — | — | — | $— | $1,532,075 | Verified |
| 2023 | $71,900,000 | — | — | — | — | $— | $1,422,766 | Verified |
| 2022 | $68,289,000 | — | — | — | — | $— | $1,429,228 | Verified |
| 2021 | $1,762,543 | — | — | — | — | $— | $1,490,091 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | -6.2% | -6.2% | ~100% | 1.8500% | Verified |
| 2023 | +8.8% | +8.8% | ~100% | 1.6100% | Verified |
| 2022 | +13.2% | +13.2% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 84.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.6% | +757.0% | +162.4% | +3774.5% | 2022 | -9.5% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,514,399 | $1,477,712 | ~$2,061,291 | $1,532,075 | 2024 | $1,422,766 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$204,408,492 | ~$86,900,000 | ~2.0139% | ~$1,750,111 | +158.7% |
| 2027 | ~$528,896,601 | ~$95,590,000 | ~1.9814% | ~$1,894,009 | +569.5% |
| 2028 | ~$1,368,493,122 | ~$105,149,000 | ~1.9488% | ~$2,049,185 | +1632.3% |
| 2029 | ~$3,540,906,520 | ~$115,663,900 | ~1.9163% | ~$2,216,457 | +4382.2% |
| 2030 | ~$9,161,915,966 | ~$127,230,290 | ~1.8837% | ~$2,396,691 | +11497.4% |
| 2026 | ~$202,828,492 | ~$86,900,000 | ~2.0465% | ~$1,778,395 | +156.7% |
| 2027 | ~$520,751,862 | ~$95,590,000 | ~2.0465% | ~$1,956,235 | +559.2% |
| 2028 | ~$1,337,003,984 | ~$105,149,000 | ~2.0465% | ~$2,151,859 | +1592.4% |
| 2029 | ~$3,432,689,893 | ~$115,663,900 | ~2.0465% | ~$2,367,044 | +4245.2% |
| 2030 | ~$8,813,257,138 | ~$127,230,290 | ~2.0465% | ~$2,603,749 | +11056.0% |
| 2026 | ~$205,988,492 | ~$86,900,000 | ~1.9977% | ~$1,735,968 | +160.7% |
| 2027 | ~$537,104,541 | ~$95,590,000 | ~1.9488% | ~$1,862,896 | +579.9% |
| 2028 | ~$1,400,472,840 | ~$105,149,000 | ~1.9000% | ~$1,997,849 | +1672.8% |
| 2029 | ~$3,651,661,875 | ~$115,663,900 | ~1.8512% | ~$2,141,163 | +4522.4% |
| 2030 | ~$9,521,523,065 | ~$127,230,290 | ~1.8024% | ~$2,293,162 | +11952.6% |
In 2025, this property's market value of $79,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 152× 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 | $79,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $87,270,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $71,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $68,289,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,762,543 | $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.