5200 LANCASTER CT TX 78723
| Owner | GREAT INVEST LLC |
|---|---|
| Parcel ID | 0222140525 |
| Short ID | 220606 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,690 SF |
| Land SF | 12,777 SF |
| Acres | 0.293 |
| Year Built | 1967 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR .29 |
| Neighborhood | 05NEM |
| Land | $383,310 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $383,310 |
| Improvement | $671,940 |
|---|---|
| Total Improvement | $671,940 |
| Market | $1,055,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,055,250 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,055,250 |
| Taxable Value | $1,055,250 |
|---|
Appreciation: Market value has risen +32.4% from $797,300 (2021) to $1,055,250 (2025), a CAGR of 7.3% 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 $21,596. 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 36% of market value ($383,310 land vs $671,940 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~59 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,055,250, 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 +7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,498,036 by 2030, with an estimated annual tax burden around $28,219. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 2,375 SF | ✓ |
| 1ST | 1st Floor | 2,315 SF | ✓ |
| 551 | PAVED AREA | 1,950 SF | ✗ |
| 591 | MASONRY TRIM SF | 950 SF | ✗ |
| 581C | STORAGE ATT COMM | 245 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 180 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 611 | TERRACE | 81 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% | $9,763.17 | $9,763.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,529.69 | $5,529.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,966.10 | $3,966.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,245.44 | $1,245.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,091.13 | $1,091.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,595.53 | $21,595.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $908,198 | $1,055,250 | -13.9% |
| Assessed Value | $908,198 | $1,055,250 | -13.9% |
| Land Value | $383,310 | $383,310 | +0.0% |
| Improvement Value | $524,888 | $671,940 | -21.9% |
| Taxable Value | $908,198 | $1,055,250 | -13.9% |
| Total Tax 2026 = estimate |
~$18,586
Estimated
|
~$21,596
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,008,350 | $908,198 | -100,152 (-9.9%) |
| Taxable Value | $1,008,350 | $908,198 | -100,152 (-9.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $908,198 | $383,310 | $524,888 | — | $908,198 | $908,198 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,055,250 | $383,310 | $671,940 | — | $1,055,250 | $1,055,250 | ~$21,596 | Partial |
| 2024 | $926,369 | — | — | −$543,059 | $383,310 | $— | $18,589 | Verified |
| 2023 | $926,369 | — | — | −$543,059 | $383,310 | $— | $16,760 | Verified |
| 2022 | $891,100 | — | — | −$507,790 | $383,310 | $— | $18,295 | Verified |
| 2021 | $797,300 | — | — | −$413,990 | $383,310 | $— | $19,396 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2025 | +12.5% | +12.5% | ~100% | Not available | Partial |
| 2024 | +1.3% | +1.3% | ~100% | 1.9800% | Verified |
| 2023 | -10.2% | -10.2% | ~100% | 1.8100% | Verified |
| 2022 | +15.8% | +15.8% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.9% | +3.2% | +10.7% | +13.9% | 2025 | -13.9% | 2026 |
| Assessment Ratio | 100.0% | 62.3% | — | 100.0% | 2025 | 41.4% | 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 |
$21,596 | $18,927 | ~$25,442 | $21,596 | 2025 | $16,760 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,131,850 | ~$1,131,850 | ~2.0139% | ~$22,795 | +7.3% |
| 2027 | ~$1,214,010 | ~$1,214,010 | ~1.9814% | ~$24,054 | +15.0% |
| 2028 | ~$1,302,134 | ~$1,302,134 | ~1.9488% | ~$25,377 | +23.4% |
| 2029 | ~$1,396,654 | ~$1,396,654 | ~1.9163% | ~$26,764 | +32.4% |
| 2030 | ~$1,498,036 | ~$1,498,036 | ~1.8837% | ~$28,219 | +42.0% |
| 2026 | ~$1,110,745 | ~$1,110,745 | ~2.0465% | ~$22,731 | +5.3% |
| 2027 | ~$1,169,158 | ~$1,169,158 | ~2.0465% | ~$23,927 | +10.8% |
| 2028 | ~$1,230,643 | ~$1,230,643 | ~2.0465% | ~$25,185 | +16.6% |
| 2029 | ~$1,295,361 | ~$1,295,361 | ~2.0465% | ~$26,509 | +22.8% |
| 2030 | ~$1,363,483 | ~$1,363,483 | ~2.0465% | ~$27,903 | +29.2% |
| 2026 | ~$1,152,955 | ~$1,152,955 | ~1.9977% | ~$23,032 | +9.3% |
| 2027 | ~$1,259,706 | ~$1,259,706 | ~1.9488% | ~$24,550 | +19.4% |
| 2028 | ~$1,376,341 | ~$1,376,341 | ~1.9000% | ~$26,151 | +30.4% |
| 2029 | ~$1,503,775 | ~$1,503,775 | ~1.8512% | ~$27,838 | +42.5% |
| 2030 | ~$1,643,008 | ~$1,643,008 | ~1.8024% | ~$29,613 | +55.7% |
In 2025, this property's market value of $1,055,250 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +103% above 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 | $1,055,250 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $926,369 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $926,369 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $891,100 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $797,300 | $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.