1101 REINLI ST TX
| Owner | HOUSING AUTHORITY COA |
|---|---|
| Parcel ID | 0224140220 |
| Short ID | 223356 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 252,450 SF |
| Land SF | 118,640 SF |
| Acres | 2.724 |
| Year Built | 2022 |
| Legal | LOT B CAPITAL PLAZA SUBD |
| Neighborhood | 00EXE |
| Land | $2,372,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,372,800 |
| Improvement | $68,320,525 |
|---|---|
| Total Improvement | $68,320,525 |
| Market | $70,693,325 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $70,693,325 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $70,693,325 |
| Taxable Value | $70,693,325 |
|---|
Appreciation: Market value has risen +2730.3% from $2,497,735 (2021) to $70,693,325 (2025), a CAGR of 130.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 outpaced the broader multi-family market over the same period.
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 ($2,372,800 land vs $68,320,525 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 $70,693,325, 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 +130.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,614,965,624 by 2030, with an estimated annual tax burden around $0. 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 | 252,450 SF | ✓ |
Market value changed by 263% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $70,601,850 | $70,693,325 | -0.1% |
| Assessed Value | $70,601,850 | $70,693,325 | -0.1% |
| Land Value | $2,372,800 | $2,372,800 | +0.0% |
| Improvement Value | $68,229,050 | $68,320,525 | -0.1% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $70,601,850 | $70,601,850 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $70,601,850 | $2,372,800 | $68,229,050 | — | $70,601,850 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $70,693,325 | $2,372,800 | $68,320,525 | — | $70,693,325 | $— | not in county billing file ⓘ | Partial |
| 2024 | $6,463,752 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $2,517,865 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $2,497,735 | — | — | −$705,565 | $1,792,170 | $— | $36,512 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2025 | +189.4% ! | +189.4% | ~100% | Not available | Partial |
| 2024 | +277.9% ! | +277.9% | ~100% | No billing data | Verified |
| 2023 | +263.2% ! | +263.2% | ~100% | No billing data | Verified |
| 2022 | -29.3% | -29.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 1.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2707.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.1% | +287.8% | +130.7% | +993.7% | 2025 | -0.1% | 2026 |
| Assessment Ratio | 100.0% | 90.6% | — | 100.0% | 2025 | 71.8% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $36,512 | $36,512 | — | $36,512 | 2021 | $36,512 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$163,055,864 | ~$77,762,658 | ~0.0000% | ~$0 | +130.7% |
| 2027 | ~$376,092,293 | ~$85,538,923 | ~0.0000% | ~$0 | +432.0% |
| 2028 | ~$867,465,968 | ~$94,092,816 | ~0.0000% | ~$0 | +1127.1% |
| 2029 | ~$2,000,831,233 | ~$103,502,097 | ~0.0000% | ~$0 | +2730.3% |
| 2030 | ~$4,614,965,624 | ~$113,852,307 | ~0.0000% | ~$0 | +6428.1% |
| 2026 | ~$161,641,997 | ~$77,762,658 | ~0.0000% | ~$0 | +128.7% |
| 2027 | ~$369,598,335 | ~$85,538,923 | ~0.0000% | ~$0 | +422.8% |
| 2028 | ~$845,095,532 | ~$94,092,816 | ~0.0000% | ~$0 | +1095.4% |
| 2029 | ~$1,932,331,371 | ~$103,502,097 | ~0.0000% | ~$0 | +2633.4% |
| 2030 | ~$4,418,322,408 | ~$113,852,307 | ~0.0000% | ~$0 | +6150.0% |
| 2026 | ~$164,469,730 | ~$77,762,658 | ~0.0000% | ~$0 | +132.7% |
| 2027 | ~$382,642,805 | ~$85,538,923 | ~0.0000% | ~$0 | +441.3% |
| 2028 | ~$890,227,738 | ~$94,092,816 | ~0.0000% | ~$0 | +1159.3% |
| 2029 | ~$2,071,136,361 | ~$103,502,097 | ~0.0000% | ~$0 | +2829.7% |
| 2030 | ~$4,818,548,829 | ~$113,852,307 | ~0.0000% | ~$0 | +6716.1% |
In 2025, this property's market value of $70,693,325 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 136× 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 | $70,693,325 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,463,752 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | $2,517,865 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,497,735 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |