PAGE ST TX 78723
| Owner | ORTON LAND & CATTLE LLC |
|---|---|
| Parcel ID | 0219150501 |
| Short ID | 858849 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 204,510 SF |
| Land SF | 118,527 SF |
| Acres | 2.721 |
| Year Built | 2017 |
| Legal | LOT 1 BLK 4B MUELLER SEC 2C-2 SUBD |
| Neighborhood | 08IND |
| Land | $5,333,704 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,333,704 |
| Improvement | $47,376,296 |
|---|---|
| Total Improvement | $47,376,296 |
| Market | $52,710,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $52,710,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $52,710,000 |
| Taxable Value | $52,710,000 |
|---|
Appreciation: Market value has risen +19.8% from $44,000,000 (2021) to $52,710,000 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $1,078,702. 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 ($5,333,704 land vs $47,376,296 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 $52,710,000, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $66,060,741 by 2030, with an estimated annual tax burden around $1,244,414. 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 | 204,510 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% | $471,852.00 | $471,852.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $267,248.67 | $267,248.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $191,680.95 | $191,680.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $60,191.73 | $60,191.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $52,734.00 | $52,734.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,043,707.35 | $1,043,707.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $51,157,852 | $52,710,000 | -2.9% |
| Assessed Value | $51,157,852 | $52,710,000 | -2.9% |
| Land Value | $5,333,704 | $5,333,704 | +0.0% |
| Improvement Value | $45,824,148 | $47,376,296 | -3.3% |
| Taxable Value | $51,157,852 | $52,710,000 | -2.9% |
| Total Tax 2026 = estimate |
~$1,046,938
Estimated
|
~$1,043,707
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $51,157,852 | $51,157,852 | +0 (+0.0%) |
| Taxable Value | $51,157,852 | $51,157,852 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $51,157,852 | $5,333,704 | $45,824,148 | — | $51,157,852 | $51,157,852 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $52,710,000 | $5,333,704 | $47,376,296 | — | $52,710,000 | $52,710,000 | ~$1,043,707 | Partial |
| 2024 | $53,800,000 | — | — | −$48,466,296 | $5,333,704 | $— | $1,041,972 | Verified |
| 2023 | $60,293,357 | — | — | −$54,959,653 | $5,333,704 | $— | $977,516 | Verified |
| 2022 | $43,100,000 | — | — | −$37,766,296 | $5,333,704 | $— | $1,068,918 | Verified |
| 2021 | $44,000,000 | — | — | −$38,666,296 | $5,333,704 | $— | $938,149 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | -6.9% | -6.9% | ~100% | 1.9300% | Verified |
| 2023 | -3.8% | -3.8% | ~100% | 1.6900% | Verified |
| 2022 | +39.9% | +39.9% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.9% | +4.4% | +5.3% | +39.9% | 2023 | -10.8% | 2024 |
| Assessment Ratio | 100.0% | 40.5% | — | 100.0% | 2025 | 8.8% | 2023 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,043,707 | $1,014,052 | ~$1,176,873 | $1,068,918 | 2022 | $938,149 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$55,144,614 | ~$55,144,614 | ~2.0139% | ~$1,110,578 | +4.6% |
| 2027 | ~$57,691,680 | ~$57,691,680 | ~1.9814% | ~$1,143,096 | +9.5% |
| 2028 | ~$60,356,392 | ~$60,356,392 | ~1.9488% | ~$1,176,249 | +14.5% |
| 2029 | ~$63,144,184 | ~$63,144,184 | ~1.9163% | ~$1,210,026 | +19.8% |
| 2030 | ~$66,060,741 | ~$66,060,741 | ~1.8837% | ~$1,244,414 | +25.3% |
| 2026 | ~$54,090,414 | ~$54,090,414 | ~2.0465% | ~$1,106,952 | +2.6% |
| 2027 | ~$55,506,979 | ~$55,506,979 | ~2.0465% | ~$1,135,942 | +5.3% |
| 2028 | ~$56,960,643 | ~$56,960,643 | ~2.0465% | ~$1,165,691 | +8.1% |
| 2029 | ~$58,452,377 | ~$58,452,377 | ~2.0465% | ~$1,196,219 | +10.9% |
| 2030 | ~$59,983,177 | ~$59,983,177 | ~2.0465% | ~$1,227,547 | +13.8% |
| 2026 | ~$56,198,814 | ~$56,198,814 | ~1.9977% | ~$1,122,662 | +6.6% |
| 2027 | ~$59,918,549 | ~$59,918,549 | ~1.9488% | ~$1,167,716 | +13.7% |
| 2028 | ~$63,884,488 | ~$63,884,488 | ~1.9000% | ~$1,213,816 | +21.2% |
| 2029 | ~$68,112,929 | ~$68,112,929 | ~1.8512% | ~$1,260,902 | +29.2% |
| 2030 | ~$72,621,245 | ~$72,621,245 | ~1.8024% | ~$1,308,904 | +37.8% |
In 2025, this property's market value of $52,710,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 101× 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 | $52,710,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $53,800,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $60,293,357 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $43,100,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $44,000,000 | $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.