2401 ALDRICH ST TX 78722
| Owner | PPF AMLI ALDRIDGE AVENUE LLC |
|---|---|
| Parcel ID | 0219150401 |
| Short ID | 858846 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 297,356 SF |
| Land SF | 188,136 SF |
| Acres | 4.319 |
| Year Built | 2017 |
| Legal | LOT 1 BLK 4A MUELLER SEC 2C-2 SUBD |
| Neighborhood | 08EC |
| Land | $8,466,104 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,466,104 |
| Improvement | $91,133,896 |
|---|---|
| Total Improvement | $91,133,896 |
| Market | $99,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $99,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $99,600,000 |
| Taxable Value | $99,600,000 |
|---|
Appreciation: Market value has risen +17.5% from $84,800,000 (2021) to $99,600,000 (2025), a CAGR of 4.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $2,038,299. 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 ($8,466,104 land vs $91,133,896 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $99,600,000, 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 +4.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $121,783,569 by 2030, with an estimated annual tax burden around $2,294,089. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 297,356 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% | $921,499.20 | $921,499.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $521,920.93 | $521,920.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $374,341.62 | $374,341.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $117,550.91 | $117,550.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $102,986.40 | $102,986.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,038,299.06 | $2,038,299.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $95,060,000 | $99,600,000 | -4.6% |
| Assessed Value | $95,060,000 | $99,600,000 | -4.6% |
| Land Value | $8,466,104 | $8,466,104 | +0.0% |
| Improvement Value | $86,593,896 | $91,133,896 | -5.0% |
| Taxable Value | $95,060,000 | $99,600,000 | -4.6% |
| Total Tax 2026 = estimate |
~$1,945,389
Estimated
|
~$2,038,299
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $95,114,166 | $95,060,000 | -54,166 (-0.1%) |
| Taxable Value | $95,114,166 | $95,060,000 | -54,166 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $95,060,000 | $8,466,104 | $86,593,896 | — | $95,060,000 | $95,060,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $99,600,000 | $8,466,104 | $91,133,896 | — | $99,600,000 | $99,600,000 | ~$2,038,299 | Partial |
| 2024 | $107,300,000 | — | — | −$98,833,896 | $8,466,104 | $— | $1,827,588 | Verified |
| 2023 | $87,700,000 | — | — | −$79,233,896 | $8,466,104 | $— | $1,705,253 | Verified |
| 2022 | $84,800,000 | — | — | −$76,333,896 | $8,466,104 | $— | $1,745,135 | Verified |
| 2021 | $84,800,000 | — | — | −$76,333,896 | $8,466,104 | $— | $1,847,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2024 | -10.6% | -10.6% | ~100% | 1.8600% | Verified |
| 2023 | +8.7% | +8.7% | ~100% | 1.5500% | Verified |
| 2022 | +16.3% | +16.3% | ~100% | 1.7300% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.6% | +2.8% | +5.1% | +22.3% | 2024 | -7.2% | 2025 |
| Assessment Ratio | 100.0% | 39.6% | — | 100.0% | 2025 | 7.9% | 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 |
$2,038,299 | $1,832,843 | ~$2,190,543 | $2,038,299 | 2025 | $1,705,253 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$103,687,215 | ~$103,687,215 | ~2.0139% | ~$2,088,195 | +4.1% |
| 2027 | ~$107,942,154 | ~$107,942,154 | ~1.9814% | ~$2,138,753 | +8.4% |
| 2028 | ~$112,371,701 | ~$112,371,701 | ~1.9488% | ~$2,189,944 | +12.8% |
| 2029 | ~$116,983,019 | ~$116,983,019 | ~1.9163% | ~$2,241,735 | +17.5% |
| 2030 | ~$121,783,569 | ~$121,783,569 | ~1.8837% | ~$2,294,089 | +22.3% |
| 2026 | ~$101,695,215 | ~$101,695,215 | ~2.0465% | ~$2,081,177 | +2.1% |
| 2027 | ~$103,834,506 | ~$103,834,506 | ~2.0465% | ~$2,124,958 | +4.3% |
| 2028 | ~$106,018,799 | ~$106,018,799 | ~2.0465% | ~$2,169,659 | +6.4% |
| 2029 | ~$108,249,042 | ~$108,249,042 | ~2.0465% | ~$2,215,300 | +8.7% |
| 2030 | ~$110,526,201 | ~$110,526,201 | ~2.0465% | ~$2,261,902 | +11.0% |
| 2026 | ~$105,679,215 | ~$105,679,215 | ~1.9977% | ~$2,111,114 | +6.1% |
| 2027 | ~$112,129,483 | ~$112,129,483 | ~1.9488% | ~$2,185,224 | +12.6% |
| 2028 | ~$118,973,451 | ~$118,973,451 | ~1.9000% | ~$2,260,515 | +19.5% |
| 2029 | ~$126,235,150 | ~$126,235,150 | ~1.8512% | ~$2,336,858 | +26.7% |
| 2030 | ~$133,940,076 | ~$133,940,076 | ~1.8024% | ~$2,414,097 | +34.5% |
In 2025, this property's market value of $99,600,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 192× 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 | $99,600,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $107,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $87,700,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $84,800,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $84,800,000 | $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.