5900 CAMERON RD TX 78723
| Owner | 5900 CAMERON PROPERTY OWNER LLC |
|---|---|
| Parcel ID | 0224140118 |
| Short ID | 941422 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 267,928 SF |
| Land SF | 108,996 SF |
| Acres | 2.502 |
| Year Built | 2022 |
| Legal | LOT 32A DUVAL HEIGHTS AMD LOT 32A |
| Neighborhood | 08NE |
| Land | $2,179,917 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,179,917 |
| Improvement | $65,750,083 |
|---|---|
| Total Improvement | $65,750,083 |
| Market | $67,930,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $67,930,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $67,930,000 |
| Taxable Value | $67,930,000 |
|---|
Appreciation: Market value has risen +119.0% from $31,022,029 (2023) to $67,930,000 (2025), a CAGR of 48.0% over 2 years. This is strong appreciation — well above typical inflation. 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 fell -15.8%, so this parcel has outpaced 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 $1,390,177. 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 3% of market value ($2,179,917 land vs $65,750,083 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $67,930,000, 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 +48.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $481,992,358 by 2030, with an estimated annual tax burden around $2,060,851. 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 | 267,928 SF | ✓ |
Market value changed by 1054% in 2022, 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% | $628,488.36 | $628,488.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $355,964.75 | $355,964.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $255,311.51 | $255,311.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $80,173.02 | $80,173.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $70,239.62 | $70,239.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,390,177.26 | $1,390,177.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $56,470,000 | $67,930,000 | -16.9% |
| Assessed Value | $56,470,000 | $67,930,000 | -16.9% |
| Land Value | $2,179,917 | $2,179,917 | +0.0% |
| Improvement Value | $54,290,083 | $65,750,083 | -17.4% |
| Taxable Value | $56,470,000 | $67,930,000 | -16.9% |
| Total Tax 2026 = estimate |
~$1,155,650
Estimated
|
~$1,390,177
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $64,705,589 | $56,470,000 | -8,235,589 (-12.7%) |
| Taxable Value | $64,705,589 | $56,470,000 | -8,235,589 (-12.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $56,470,000 | $2,179,917 | $54,290,083 | — | $56,470,000 | $56,470,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $67,930,000 | $2,179,917 | $65,750,083 | — | $67,930,000 | $67,930,000 | ~$1,390,177 | Partial |
| 2024 | $96,260,000 | — | — | −$94,080,083 | $2,179,917 | $— | $1,559,362 | Verified |
| 2023 | $31,022,029 | — | — | −$28,842,112 | $2,179,917 | $— | $1,741,581 | Verified |
| 2022 | $— | — | — | — | $1,634,937 | $— | $612,661 | Verified |
| 2021 | $— | — | — | — | $2,688,284 | $— | $58,515 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2025 | -13.7% | -13.7% | ~100% | Not available | Partial |
| 2024 | -18.3% | -18.3% | ~100% | 1.9800% | Verified |
| 2023 | +210.3% ! | +210.3% | ~100% | 1.8100% | Verified |
| 2022 | +1054.0% ! | +1054.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2426.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.9% | +54.7% | +54.0% | +210.3% | 2024 | -29.4% | 2025 |
| Assessment Ratio | 100.0% | 52.3% | — | 100.0% | 2025 | 2.3% | 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 |
$1,390,177 | $1,563,707 | ~$1,772,449 | $1,741,581 | 2023 | $1,390,177 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$100,521,121 | ~$74,723,000 | ~2.0139% | ~$1,504,874 | +48.0% |
| 2027 | ~$148,748,649 | ~$82,195,300 | ~1.9814% | ~$1,628,608 | +119.0% |
| 2028 | ~$220,114,543 | ~$90,414,830 | ~1.9488% | ~$1,762,040 | +224.0% |
| 2029 | ~$325,720,014 | ~$99,456,313 | ~1.9163% | ~$1,905,872 | +379.5% |
| 2030 | ~$481,992,358 | ~$109,401,944 | ~1.8837% | ~$2,060,851 | +609.5% |
| 2026 | ~$99,162,521 | ~$74,723,000 | ~2.0465% | ~$1,529,195 | +46.0% |
| 2027 | ~$144,754,976 | ~$82,195,300 | ~2.0465% | ~$1,682,114 | +113.1% |
| 2028 | ~$211,309,706 | ~$90,414,830 | ~2.0465% | ~$1,850,326 | +211.1% |
| 2029 | ~$308,464,642 | ~$99,456,313 | ~2.0465% | ~$2,035,359 | +354.1% |
| 2030 | ~$450,288,995 | ~$109,401,944 | ~2.0465% | ~$2,238,894 | +562.9% |
| 2026 | ~$101,879,721 | ~$74,723,000 | ~1.9977% | ~$1,492,713 | +50.0% |
| 2027 | ~$152,796,666 | ~$82,195,300 | ~1.9488% | ~$1,601,854 | +124.9% |
| 2028 | ~$229,160,631 | ~$90,414,830 | ~1.9000% | ~$1,717,897 | +237.3% |
| 2029 | ~$343,689,402 | ~$99,456,313 | ~1.8512% | ~$1,841,129 | +405.9% |
| 2030 | ~$515,456,798 | ~$109,401,944 | ~1.8024% | ~$1,971,829 | +658.8% |
In 2025, this property's market value of $67,930,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 131× 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 | $67,930,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $96,260,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $31,022,029 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | 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.