5025 MUELLER BLVD 78723
| Owner | AUSTIN MODERN LOFTS LLC |
|---|---|
| Parcel ID | 0219150306 |
| Short ID | 953985 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 39,144 SF |
| Land SF | 15,333 SF |
| Acres | 0.352 |
| Year Built | 2024 |
| Legal | MUELLER GATEWAY SUBD BLK 1 LOT 1 |
| Neighborhood | EA2 |
| Land | $1,226,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,226,650 |
| Improvement | $4,649,339 |
|---|---|
| Total Improvement | $4,649,339 |
| Market | $5,875,989 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,875,989 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,875,989 |
| Taxable Value | $5,875,989 |
|---|
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 $120,251. 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 21% of market value ($1,226,650 land vs $4,649,339 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,875,989, 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.
No delinquent taxes on record.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 13,048 SF | ✓ |
| 2ND | 2nd Floor | 13,048 SF | ✓ |
| 3RD | 3rd Floor | 13,048 SF | ✓ |
Market value changed by 78% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $54,364.65 | $54,364.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,791.18 | $30,791.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,084.61 | $22,084.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,935.02 | $6,935.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,075.77 | $6,075.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $120,251.23 | $120,251.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,642,541 | $5,875,989 | +13.0% |
| Assessed Value | $6,642,541 | $5,875,989 | +13.0% |
| Land Value | $1,226,650 | $1,226,650 | +0.0% |
| Improvement Value | $5,415,891 | $4,649,339 | +16.5% |
| Taxable Value | $6,642,541 | $5,875,989 | +13.0% |
| Total Tax 2026 = estimate |
~$135,939
Estimated
|
~$120,251
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,642,541 | $6,642,541 | +0 (+0.0%) |
| Taxable Value | $6,642,541 | $6,642,541 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,642,541 | $1,226,650 | $5,415,891 | — | $6,642,541 | $6,642,541 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,875,989 | $1,226,650 | $4,649,339 | — | $5,875,989 | $5,875,989 | ~$120,251 | Partial |
| 2024 | $— | — | — | — | — | $— | $80,257 | Verified |
| 2023 | $— | — | — | — | $1,226,650 | $— | $22,193 | Verified |
| 2022 | $— | — | — | — | $689,990 | $— | $13,627 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.0% | +13.0% | ~100% | Not available | Partial |
| 2025 | +45.1% | +45.1% | ~100% | Not available | Partial |
| 2024 | +230.1% ! | +230.1% | ~100% | 1.9800% | Verified |
| 2023 | +77.8% ! | +77.8% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +751.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.0% | +13.0% | — | +13.0% | 2026 | +13.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$120,251 | $120,251 | — | $120,251 | 2025 | $120,251 | 2025 |
In 2025, this property's market value of $5,875,989 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 11× 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 | $5,875,989 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | — | $467,458 | $564,615 | $848,565 | — | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
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.