3413 LYNRIDGE DR TX 78723
| Owner | NWACHUKWU IZUCHUKWU U |
|---|---|
| Parcel ID | 0224270506 |
| Short ID | 224227 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,355 SF |
| Land SF | 9,853 SF |
| Acres | 0.226 |
| Year Built | 1983 |
| Legal | LOT 5 BLK A VINTAGE HILLS SEC 6 |
| Neighborhood | D9005 |
| Land | $258,916 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $258,916 |
| Improvement | $238,962 |
|---|---|
| Total Improvement | $238,962 |
| Market | $497,878 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $497,878 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $497,878 |
| Taxable Value | $497,878 |
|---|
Appreciation: Market value has risen +29.0% from $386,100 (2021) to $497,878 (2025), a CAGR of 6.6% 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 $10,189. 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 52% of market value ($258,916 land vs $238,962 improvements), about $26/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $497,878, this parcel sits in the lower-middle (25th–50th 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $684,151 by 2030, with an estimated annual tax burden around $12,888. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,355 SF | ✗ |
| 1ST | 1st Floor | 2,226 SF | ✓ |
| 2ND | 2nd Floor | 1,129 SF | ✓ |
| 612 | TERRACE UNCOVERD | 264 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 222 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $4,606.37 | $4,606.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,608.97 | $2,608.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,871.25 | $1,871.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $587.61 | $587.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $514.81 | $514.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,189.01 | $10,189.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $496,379 | $497,878 | -0.3% |
| Assessed Value | $496,379 | $497,878 | -0.3% |
| Land Value | $181,241 | $258,916 | -30.0% |
| Improvement Value | $315,138 | $238,962 | +31.9% |
| Taxable Value | $496,379 | $497,878 | -0.3% |
| Total Tax 2026 = estimate |
~$10,158
Estimated
|
~$10,189
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $496,379 | $496,379 | +0 (+0.0%) |
| Taxable Value | $496,379 | $496,379 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $496,379 | $181,241 | $315,138 | — | $496,379 | $496,379 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $497,878 | $258,916 | $238,962 | — | $497,878 | $497,878 | ~$10,189 | Partial |
| 2024 | $661,195 | — | — | −$361,195 | $300,000 | $— | $10,382 | Verified |
| 2023 | $683,834 | — | — | −$383,834 | $300,000 | $— | $11,963 | Verified |
| 2022 | $450,816 | — | — | −$150,816 | $300,000 | $— | $13,505 | Verified |
| 2021 | $386,100 | — | — | −$211,100 | $175,000 | $— | $9,813 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2025 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2024 | -20.8% | -20.8% | ~100% | 1.9800% | Verified |
| 2023 | -3.3% | -3.3% | ~100% | 1.8100% | Verified |
| 2022 | +51.7% | +51.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.3% | +8.0% | +6.6% | +51.7% | 2023 | -24.7% | 2025 |
| Assessment Ratio | 100.0% | 66.9% | — | 100.0% | 2025 | 43.9% | 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 |
$10,189 | $11,170 | ~$11,764 | $13,505 | 2022 | $9,813 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$530,553 | ~$530,553 | ~2.0139% | ~$10,685 | +6.6% |
| 2027 | ~$565,372 | ~$565,372 | ~1.9814% | ~$11,202 | +13.6% |
| 2028 | ~$602,477 | ~$602,477 | ~1.9488% | ~$11,741 | +21.0% |
| 2029 | ~$642,016 | ~$642,016 | ~1.9163% | ~$12,303 | +29.0% |
| 2030 | ~$684,151 | ~$684,151 | ~1.8837% | ~$12,888 | +37.4% |
| 2026 | ~$520,595 | ~$520,595 | ~2.0465% | ~$10,654 | +4.6% |
| 2027 | ~$544,349 | ~$544,349 | ~2.0465% | ~$11,140 | +9.3% |
| 2028 | ~$569,187 | ~$569,187 | ~2.0465% | ~$11,648 | +14.3% |
| 2029 | ~$595,158 | ~$595,158 | ~2.0465% | ~$12,180 | +19.5% |
| 2030 | ~$622,314 | ~$622,314 | ~2.0465% | ~$12,736 | +25.0% |
| 2026 | ~$540,510 | ~$540,510 | ~1.9977% | ~$10,798 | +8.6% |
| 2027 | ~$586,794 | ~$586,794 | ~1.9488% | ~$11,436 | +17.9% |
| 2028 | ~$637,040 | ~$637,040 | ~1.9000% | ~$12,104 | +28.0% |
| 2029 | ~$691,588 | ~$691,588 | ~1.8512% | ~$12,803 | +38.9% |
| 2030 | ~$750,808 | ~$750,808 | ~1.8024% | ~$13,532 | +50.8% |
In 2025, this property's market value of $497,878 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -4% below 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 | $497,878 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $661,195 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $683,834 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $450,816 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $386,100 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.