8403 COLONY LOOP DR TX 78724
| Owner | BHATNAGAR PAVAN |
|---|---|
| Parcel ID | 0217380318 |
| Short ID | 499801 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,080 SF |
| Land SF | 9,016 SF |
| Acres | 0.207 |
| Year Built | 1984 |
| Legal | LOT 18 BLK A COLONY MEADOWS SEC 1 |
| Neighborhood | C0605 |
| Land | $77,439 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $77,439 |
| Improvement | $663,560 |
|---|---|
| Total Improvement | $663,560 |
| Market | $740,999 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $740,999 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $740,999 |
| Taxable Value | $740,999 |
|---|
Appreciation: Market value has risen +97.5% from $375,100 (2021) to $740,999 (2025), a CAGR of 18.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $15,164. 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 10% of market value ($77,439 land vs $663,560 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $740,999, this parcel sits in the upper-middle (50th–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 +18.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,735,425 by 2030, with an estimated annual tax burden around $22,480. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,080 SF | ✗ |
| 1ST | 1st Floor | 2,224 SF | ✓ |
| 2ND | 2nd Floor | 1,856 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 128 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 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% | $6,855.72 | $6,855.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,882.96 | $3,882.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,785.01 | $2,785.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $874.55 | $874.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $766.19 | $766.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,164.43 | $15,164.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $477,599 | $740,999 | -35.5% |
| Assessed Value | $477,599 | $740,999 | -35.5% |
| Land Value | $77,439 | $77,439 | +0.0% |
| Improvement Value | $400,160 | $663,560 | -39.7% |
| Taxable Value | $477,599 | $740,999 | -35.5% |
| Total Tax 2026 = estimate |
~$9,774
Estimated
|
~$15,164
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $516,602 | $477,599 | -39,003 (-7.5%) |
| Taxable Value | $516,602 | $477,599 | -39,003 (-7.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $477,599 | $77,439 | $400,160 | — | $477,599 | $477,599 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $740,999 | $77,439 | $663,560 | — | $740,999 | $740,999 | ~$15,164 | Partial |
| 2024 | $655,013 | — | — | −$580,013 | $75,000 | $— | $12,286 | Verified |
| 2023 | $616,535 | — | — | −$541,535 | $75,000 | $— | $11,851 | Verified |
| 2022 | $530,700 | — | — | −$455,700 | $75,000 | $— | $12,176 | Verified |
| 2021 | $375,100 | — | — | −$350,100 | $25,000 | $— | $11,552 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -30.3% | -30.3% | ~100% | Not available | Partial |
| 2025 | +19.5% | +19.5% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 1.9800% | Verified |
| 2023 | +6.2% | +6.2% | ~100% | 1.8100% | Verified |
| 2022 | +16.2% | +16.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -35.5% | +8.3% | +31.6% | +41.5% | 2022 | -35.5% | 2026 |
| Assessment Ratio | 100.0% | 40.8% | — | 100.0% | 2025 | 6.7% | 2021 |
| 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 |
$15,164 | $12,606 | ~$19,334 | $15,164 | 2025 | $11,552 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$878,487 | ~$815,099 | ~2.0139% | ~$16,416 | +18.6% |
| 2027 | ~$1,041,485 | ~$896,609 | ~1.9814% | ~$17,765 | +40.6% |
| 2028 | ~$1,234,726 | ~$986,270 | ~1.9488% | ~$19,221 | +66.6% |
| 2029 | ~$1,463,822 | ~$1,084,897 | ~1.9163% | ~$20,790 | +97.5% |
| 2030 | ~$1,735,425 | ~$1,193,386 | ~1.8837% | ~$22,480 | +134.2% |
| 2026 | ~$863,667 | ~$815,099 | ~2.0465% | ~$16,681 | +16.6% |
| 2027 | ~$1,006,642 | ~$896,609 | ~2.0465% | ~$18,349 | +35.8% |
| 2028 | ~$1,173,285 | ~$986,270 | ~2.0465% | ~$20,184 | +58.3% |
| 2029 | ~$1,367,515 | ~$1,084,897 | ~2.0465% | ~$22,202 | +84.6% |
| 2030 | ~$1,593,899 | ~$1,193,386 | ~2.0465% | ~$24,422 | +115.1% |
| 2026 | ~$893,307 | ~$815,099 | ~1.9977% | ~$16,283 | +20.6% |
| 2027 | ~$1,076,921 | ~$896,609 | ~1.9488% | ~$17,473 | +45.3% |
| 2028 | ~$1,298,275 | ~$986,270 | ~1.9000% | ~$18,739 | +75.2% |
| 2029 | ~$1,565,128 | ~$1,084,897 | ~1.8512% | ~$20,084 | +111.2% |
| 2030 | ~$1,886,830 | ~$1,193,386 | ~1.8024% | ~$21,509 | +154.6% |
In 2025, this property's market value of $740,999 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +43% above 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 | $740,999 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $655,013 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $616,535 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $530,700 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $375,100 | $300,453 | $376,850 | $539,896 | ↓ Below median | 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.