4600 MUELLER BLVD TX 78723
| Owner | NEW YORK LIFE INSURANCE & |
|---|---|
| Parcel ID | 0218130118 |
| Short ID | 713933 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 323,852 SF |
| Land SF | 291,933 SF |
| Acres | 6.702 |
| Year Built | 2008 |
| Legal | LOT 1 BLK D MUELLER SEC III SUBD |
| Neighborhood | 08EC |
| Land | $11,677,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,677,320 |
| Improvement | $109,322,680 |
|---|---|
| Total Improvement | $109,322,680 |
| Market | $121,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $121,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $121,000,000 |
| Taxable Value | $121,000,000 |
|---|
Appreciation: Market value has risen +26.0% from $96,000,000 (2021) to $121,000,000 (2025), a CAGR of 6.0% over 4 years. This represents moderate, steady growth. 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 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 $2,476,247. 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 ($11,677,320 land vs $109,322,680 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $121,000,000, 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 +6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $161,595,046 by 2030, with an estimated annual tax burden around $3,044,035. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 193,980 SF | ✓ |
| 1ST | 1st Floor | 116,850 SF | ✓ |
| 3RD | 3rd Floor | 108,180 SF | ✓ |
| 4TH | 4th Floor | 108,180 SF | ✓ |
| 2ND | 2nd Floor | 98,822 SF | ✓ |
| MISC | Miscellaneous | 7,332 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 276 | ELEVATOR COM PAS | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $1,119,492.00 | $1,119,492.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $634,060.57 | $634,060.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $454,772.45 | $454,772.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $142,807.83 | $142,807.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $125,114.00 | $125,114.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,476,246.85 | $2,476,246.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $111,030,000 | $121,000,000 | -8.2% |
| Assessed Value | $111,030,000 | $121,000,000 | -8.2% |
| Land Value | $11,677,320 | $11,677,320 | +0.0% |
| Improvement Value | $99,352,680 | $109,322,680 | -9.1% |
| Taxable Value | $111,030,000 | $121,000,000 | -8.2% |
| Total Tax 2026 = estimate |
~$2,272,212
Estimated
|
~$2,476,247
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $116,942,253 | $111,030,000 | -5,912,253 (-5.1%) |
| Taxable Value | $116,942,253 | $111,030,000 | -5,912,253 (-5.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $111,030,000 | $11,677,320 | $99,352,680 | — | $111,030,000 | $111,030,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $121,000,000 | $11,677,320 | $109,322,680 | — | $121,000,000 | $121,000,000 | ~$2,476,247 | Partial |
| 2024 | $117,600,000 | — | — | −$105,922,680 | $11,677,320 | $— | $2,395,223 | Verified |
| 2023 | $112,000,000 | — | — | −$100,322,680 | $11,677,320 | $— | $2,132,999 | Verified |
| 2022 | $102,177,320 | — | — | −$90,500,000 | $11,677,320 | $— | $2,215,615 | Verified |
| 2021 | $96,000,000 | — | — | −$84,322,680 | $11,677,320 | $— | $2,232,763 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -5.9% | -5.9% | ~100% | 1.9800% | Verified |
| 2023 | +10.9% | +10.9% | ~100% | 1.6600% | Verified |
| 2022 | +4.8% | +4.8% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.2% | +3.1% | +7.9% | +9.6% | 2023 | -8.2% | 2026 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2025 | 9.9% | 2024 |
| 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 |
$2,476,247 | $2,290,569 | ~$2,809,060 | $2,476,247 | 2025 | $2,132,999 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$128,207,640 | ~$128,207,640 | ~2.0139% | ~$2,582,020 | +6.0% |
| 2027 | ~$135,844,619 | ~$135,844,619 | ~1.9814% | ~$2,691,609 | +12.3% |
| 2028 | ~$143,936,512 | ~$143,936,512 | ~1.9488% | ~$2,805,092 | +19.0% |
| 2029 | ~$152,510,417 | ~$152,510,417 | ~1.9163% | ~$2,922,543 | +26.0% |
| 2030 | ~$161,595,046 | ~$161,595,046 | ~1.8837% | ~$3,044,035 | +33.5% |
| 2026 | ~$125,787,640 | ~$125,787,640 | ~2.0465% | ~$2,574,225 | +4.0% |
| 2027 | ~$130,764,713 | ~$130,764,713 | ~2.0465% | ~$2,676,080 | +8.1% |
| 2028 | ~$135,938,716 | ~$135,938,716 | ~2.0465% | ~$2,781,965 | +12.3% |
| 2029 | ~$141,317,440 | ~$141,317,440 | ~2.0465% | ~$2,892,040 | +16.8% |
| 2030 | ~$146,908,985 | ~$146,908,985 | ~2.0465% | ~$3,006,470 | +21.4% |
| 2026 | ~$130,627,640 | ~$130,627,640 | ~1.9977% | ~$2,609,499 | +8.0% |
| 2027 | ~$141,021,324 | ~$141,021,324 | ~1.9488% | ~$2,748,279 | +16.5% |
| 2028 | ~$152,242,006 | ~$152,242,006 | ~1.9000% | ~$2,892,624 | +25.8% |
| 2029 | ~$164,355,487 | ~$164,355,487 | ~1.8512% | ~$3,042,539 | +35.8% |
| 2030 | ~$177,432,804 | ~$177,432,804 | ~1.8024% | ~$3,197,998 | +46.6% |
In 2025, this property's market value of $121,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 233× 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 | $121,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $117,600,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $112,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $102,177,320 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $96,000,000 | $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.