6509 BERKMAN DR TX 78723
| Owner | HIP VENTURES LLC |
|---|---|
| Parcel ID | 0224190236 |
| Short ID | 223402 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 17,800 SF |
| Land SF | 47,828 SF |
| Acres | 1.098 |
| Year Built | 1967 |
| Legal | LOT 1 LESS W17FT H H H R RESUB |
| Neighborhood | 06NE |
| Land | $1,434,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,434,840 |
| Improvement | $2,185,160 |
|---|---|
| Total Improvement | $2,185,160 |
| Market | $3,620,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,620,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,620,000 |
| Taxable Value | $3,620,000 |
|---|
Appreciation: Market value has risen +1.7% from $3,560,000 (2021) to $3,620,000 (2025), a CAGR of 0.4% over 4 years. Growth has been relatively flat for this asset class. 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 $74,083. 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 40% of market value ($1,434,840 land vs $2,185,160 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 $3,620,000, 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 +0.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,696,424 by 2030, with an estimated annual tax burden around $69,631. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 24,205 SF | ✗ |
| 551 | PAVED AREA | 15,147 SF | ✗ |
| 1ST | 1st Floor | 8,900 SF | ✓ |
| 2ND | 2nd Floor | 8,900 SF | ✓ |
| 591 | MASONRY TRIM SF | 6,200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,039 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,411 SF | ✗ |
| 611 | TERRACE | 1,164 SF | ✗ |
| 541 | FENCE COMM LF | 640 SF | ✗ |
| 601 | POOL COMM'L | 640 SF | ✗ |
| 581C | STORAGE ATT COMM | 588 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $33,492.24 | $33,492.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,969.42 | $18,969.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,605.59 | $13,605.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,272.43 | $4,272.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,743.08 | $3,743.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $74,082.76 | $74,082.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,900,000 | $3,620,000 | +7.7% |
| Assessed Value | $3,900,000 | $3,620,000 | +7.7% |
| Land Value | $1,434,840 | $1,434,840 | +0.0% |
| Improvement Value | $2,465,160 | $2,185,160 | +12.8% |
| Taxable Value | $3,900,000 | $3,620,000 | +7.7% |
| Total Tax 2026 = estimate |
~$79,813
Estimated
|
~$74,083
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,900,000 | $3,900,000 | +0 (+0.0%) |
| Taxable Value | $3,900,000 | $3,900,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,900,000 | $1,434,840 | $2,465,160 | — | $3,900,000 | $3,900,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,620,000 | $1,434,840 | $2,185,160 | — | $3,620,000 | $3,620,000 | ~$74,083 | Partial |
| 2024 | $4,005,000 | — | — | −$2,570,160 | $1,434,840 | $— | $81,154 | Verified |
| 2023 | $3,560,000 | — | — | −$2,125,160 | $1,434,840 | $— | $72,460 | Verified |
| 2022 | $3,528,338 | — | — | −$2,332,638 | $1,195,700 | $— | $70,307 | Verified |
| 2021 | $3,560,000 | — | — | −$2,603,440 | $956,560 | $— | $76,801 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2025 | -13.5% | -13.5% | ~100% | Not available | Partial |
| 2024 | +4.4% | +4.4% | ~100% | 1.9400% | Verified |
| 2023 | +12.5% | +12.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.7% | +2.1% | -1.0% | +12.5% | 2024 | -9.6% | 2025 |
| Assessment Ratio | 100.0% | 56.1% | — | 100.0% | 2025 | 26.9% | 2021 |
| 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 |
$74,083 | $74,961 | ~$71,429 | $81,154 | 2024 | $70,307 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,635,157 | ~$3,635,157 | ~2.0139% | ~$73,210 | +0.4% |
| 2027 | ~$3,650,378 | ~$3,650,378 | ~1.9814% | ~$72,328 | +0.8% |
| 2028 | ~$3,665,663 | ~$3,665,663 | ~1.9488% | ~$71,438 | +1.3% |
| 2029 | ~$3,681,011 | ~$3,681,011 | ~1.9163% | ~$70,539 | +1.7% |
| 2030 | ~$3,696,424 | ~$3,696,424 | ~1.8837% | ~$69,631 | +2.1% |
| 2026 | ~$3,562,757 | ~$3,562,757 | ~2.0465% | ~$72,911 | -1.6% |
| 2027 | ~$3,506,420 | ~$3,506,420 | ~2.0465% | ~$71,758 | -3.1% |
| 2028 | ~$3,450,973 | ~$3,450,973 | ~2.0465% | ~$70,624 | -4.7% |
| 2029 | ~$3,396,403 | ~$3,396,403 | ~2.0465% | ~$69,507 | -6.2% |
| 2030 | ~$3,342,696 | ~$3,342,696 | ~2.0465% | ~$68,408 | -7.7% |
| 2026 | ~$3,707,557 | ~$3,707,557 | ~1.9977% | ~$74,064 | +2.4% |
| 2027 | ~$3,797,232 | ~$3,797,232 | ~1.9488% | ~$74,002 | +4.9% |
| 2028 | ~$3,889,077 | ~$3,889,077 | ~1.9000% | ~$73,893 | +7.4% |
| 2029 | ~$3,983,142 | ~$3,983,142 | ~1.8512% | ~$73,736 | +10.0% |
| 2030 | ~$4,079,483 | ~$4,079,483 | ~1.8024% | ~$73,527 | +12.7% |
In 2025, this property's market value of $3,620,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,620,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,005,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,560,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,528,338 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,560,000 | $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.