4646 MUELLER BLVD TX 78723
| Owner | ELYSIAN AT MUELLER LP |
|---|---|
| Parcel ID | 0218130501 |
| Short ID | 713934 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 211,778 SF |
| Land SF | 163,919 SF |
| Acres | 3.763 |
| Year Built | 2013 |
| Legal | LOT 1 BLK C MUELLER SEC III SUBD |
| Neighborhood | 08EC |
| Land | $7,376,355 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,376,355 |
| Improvement | $68,623,645 |
|---|---|
| Total Improvement | $68,623,645 |
| Market | $76,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $76,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $76,000,000 |
| Taxable Value | $76,000,000 |
|---|
Appreciation: Market value has fallen -4.0% from $79,170,000 (2021) to $76,000,000 (2025), a CAGR of -1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $1,555,329. 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 ($7,376,355 land vs $68,623,645 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $76,000,000, 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 -1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $72,215,393 by 2030, with an estimated annual tax burden around $1,360,352. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 162,300 SF | ✓ |
| 2ND | 2nd Floor | 70,901 SF | ✓ |
| 3RD | 3rd Floor | 70,900 SF | ✓ |
| 1ST | 1st Floor | 69,977 SF | ✓ |
| 4TH | 4th Floor | 59,342 SF | ✓ |
| 611 | TERRACE | 24,871 SF | ✗ |
| SO | Sketch Only | 7,910 SF | ✗ |
| 5TH | 5th Floor | 7,309 SF | ✓ |
| 327 | STORAGE COMM'L | 2,728 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,034 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,034 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,034 SF | ✗ |
| 014C | PORCH OPEN 4 COMM | 1,034 SF | ✗ |
| 601 | POOL COMM'L | 450 SF | ✗ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| MISC | Miscellaneous | 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% | $703,152.00 | $703,152.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $398,252.92 | $398,252.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $285,642.20 | $285,642.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $89,697.48 | $89,697.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $78,584.00 | $78,584.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,555,328.60 | $1,555,328.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,070,000 | $76,000,000 | -10.4% |
| Assessed Value | $68,070,000 | $76,000,000 | -10.4% |
| Land Value | $7,376,355 | $7,376,355 | +0.0% |
| Improvement Value | $60,693,645 | $68,623,645 | -11.6% |
| Taxable Value | $68,070,000 | $76,000,000 | -10.4% |
| Total Tax 2026 = estimate |
~$1,393,042
Estimated
|
~$1,555,329
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $68,070,000 | $68,070,000 | +0 (+0.0%) |
| Taxable Value | $68,070,000 | $68,070,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $68,070,000 | $7,376,355 | $60,693,645 | — | $68,070,000 | $68,070,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $76,000,000 | $7,376,355 | $68,623,645 | — | $76,000,000 | $76,000,000 | ~$1,555,329 | Partial |
| 2024 | $83,500,000 | — | — | −$76,123,645 | $7,376,355 | $— | $1,586,859 | Verified |
| 2023 | $84,610,000 | — | — | −$77,233,645 | $7,376,355 | $— | $1,515,208 | Verified |
| 2022 | $76,710,000 | — | — | −$69,333,645 | $7,376,355 | $— | $1,556,345 | Verified |
| 2021 | $79,170,000 | — | — | −$71,793,645 | $7,376,355 | $— | $1,619,798 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2025 | -6.6% | -6.6% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.9500% | Verified |
| 2023 | +4.1% | +4.1% | ~100% | 1.7200% | Verified |
| 2022 | +10.3% | +10.3% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.4% | -2.7% | +1.3% | +10.3% | 2023 | -10.4% | 2026 |
| Assessment Ratio | 100.0% | 39.4% | — | 100.0% | 2025 | 8.7% | 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 |
$1,555,329 | $1,566,708 | ~$1,437,053 | $1,619,798 | 2021 | $1,515,208 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$75,227,535 | ~$75,227,535 | ~2.0139% | ~$1,515,035 | -1.0% |
| 2027 | ~$74,462,921 | ~$74,462,921 | ~1.9814% | ~$1,475,399 | -2.0% |
| 2028 | ~$73,706,078 | ~$73,706,078 | ~1.9488% | ~$1,436,413 | -3.0% |
| 2029 | ~$72,956,928 | ~$72,956,928 | ~1.9163% | ~$1,398,067 | -4.0% |
| 2030 | ~$72,215,393 | ~$72,215,393 | ~1.8837% | ~$1,360,352 | -5.0% |
| 2026 | ~$73,707,535 | ~$73,707,535 | ~2.0465% | ~$1,508,414 | -3.0% |
| 2027 | ~$71,484,219 | ~$71,484,219 | ~2.0465% | ~$1,462,914 | -5.9% |
| 2028 | ~$69,327,968 | ~$69,327,968 | ~2.0465% | ~$1,418,786 | -8.8% |
| 2029 | ~$67,236,758 | ~$67,236,758 | ~2.0465% | ~$1,375,990 | -11.5% |
| 2030 | ~$65,208,627 | ~$65,208,627 | ~2.0465% | ~$1,334,485 | -14.2% |
| 2026 | ~$76,747,535 | ~$76,747,535 | ~1.9977% | ~$1,533,157 | +1.0% |
| 2027 | ~$77,502,422 | ~$77,502,422 | ~1.9488% | ~$1,510,398 | +2.0% |
| 2028 | ~$78,264,734 | ~$78,264,734 | ~1.9000% | ~$1,487,043 | +3.0% |
| 2029 | ~$79,034,545 | ~$79,034,545 | ~1.8512% | ~$1,463,083 | +4.0% |
| 2030 | ~$79,811,927 | ~$79,811,927 | ~1.8024% | ~$1,438,507 | +5.0% |
In 2025, this property's market value of $76,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 146× 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 | $76,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $83,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $84,610,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $76,710,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $79,170,000 | $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.