3416 LYNRIDGE DR TX 78723
| Owner | PRION PROPERTIES LLC-SERIES G |
|---|---|
| Parcel ID | 0224270508 |
| Short ID | 224229 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,053 SF |
| Land SF | 21,290 SF |
| Acres | 0.489 |
| Year Built | 1984 |
| Legal | LOT 7 BLK A VINTAGE HILLS SEC 6 |
| Neighborhood | D9005 |
| Land | $297,781 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $297,781 |
| Improvement | $227,219 |
|---|---|
| Total Improvement | $227,219 |
| Market | $525,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $525,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $525,000 |
| Taxable Value | $525,000 |
|---|
Appreciation: Market value has risen +52.2% from $345,000 (2021) to $525,000 (2025), a CAGR of 11.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $10,744. 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 57% of market value ($297,781 land vs $227,219 improvements), about $14/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $525,000, this parcel sits in the upper-middle (50th–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 +11.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $887,329 by 2030, with an estimated annual tax burden around $15,927. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,053 SF | ✗ |
| 1ST | 1st Floor | 1,808 SF | ✓ |
| 2ND | 2nd Floor | 1,245 SF | ✓ |
| 061 | CARPORT ATT 1ST | 556 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% | $4,857.30 | $4,857.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,751.09 | $2,751.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,973.19 | $1,973.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $619.62 | $619.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $542.85 | $542.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,744.05 | $10,744.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $461,903 | $525,000 | -12.0% |
| Assessed Value | $461,903 | $525,000 | -12.0% |
| Land Value | $208,447 | $297,781 | -30.0% |
| Improvement Value | $253,456 | $227,219 | +11.5% |
| Taxable Value | $461,903 | $525,000 | -12.0% |
| Total Tax 2026 = estimate |
~$9,453
Estimated
|
~$10,744
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $461,903 | $461,903 | +0 (+0.0%) |
| Taxable Value | $461,903 | $461,903 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $461,903 | $208,447 | $253,456 | — | $461,903 | $461,903 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $525,000 | $297,781 | $227,219 | — | $525,000 | $525,000 | ~$10,744 | Partial |
| 2024 | $656,669 | — | — | −$311,669 | $345,000 | $— | $10,647 | Verified |
| 2023 | $613,202 | — | — | −$268,202 | $345,000 | $— | $11,881 | Verified |
| 2022 | $459,900 | — | — | −$114,900 | $345,000 | $— | $12,110 | Verified |
| 2021 | $345,000 | — | — | −$143,750 | $201,250 | $— | $10,011 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.0% | -12.0% | ~100% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2024 | -18.2% | -18.2% | ~100% | 1.9800% | Verified |
| 2023 | -3.6% | -3.6% | ~100% | 1.8100% | Verified |
| 2022 | +48.1% | +48.1% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.0% | +8.3% | +14.1% | +33.3% | 2023 | -20.1% | 2025 |
| Assessment Ratio | 100.0% | 73.7% | — | 100.0% | 2025 | 52.5% | 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 |
$10,744 | $11,079 | ~$13,698 | $12,110 | 2022 | $10,011 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$583,102 | ~$577,500 | ~2.0139% | ~$11,630 | +11.1% |
| 2027 | ~$647,634 | ~$635,250 | ~1.9814% | ~$12,587 | +23.4% |
| 2028 | ~$719,307 | ~$698,775 | ~1.9488% | ~$13,618 | +37.0% |
| 2029 | ~$798,913 | ~$768,653 | ~1.9163% | ~$14,730 | +52.2% |
| 2030 | ~$887,329 | ~$845,518 | ~1.8837% | ~$15,927 | +69.0% |
| 2026 | ~$572,602 | ~$572,602 | ~2.0465% | ~$11,718 | +9.1% |
| 2027 | ~$624,520 | ~$624,520 | ~2.0465% | ~$12,781 | +19.0% |
| 2028 | ~$681,145 | ~$681,145 | ~2.0465% | ~$13,940 | +29.7% |
| 2029 | ~$742,904 | ~$742,904 | ~2.0465% | ~$15,203 | +41.5% |
| 2030 | ~$810,263 | ~$810,263 | ~2.0465% | ~$16,582 | +54.3% |
| 2026 | ~$593,602 | ~$577,500 | ~1.9977% | ~$11,536 | +13.1% |
| 2027 | ~$671,168 | ~$635,250 | ~1.9488% | ~$12,380 | +27.8% |
| 2028 | ~$758,869 | ~$698,775 | ~1.9000% | ~$13,277 | +44.5% |
| 2029 | ~$858,031 | ~$768,653 | ~1.8512% | ~$14,229 | +63.4% |
| 2030 | ~$970,150 | ~$845,518 | ~1.8024% | ~$15,239 | +84.8% |
In 2025, this property's market value of $525,000 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +1% 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 | $525,000 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $656,669 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $613,202 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $459,900 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $345,000 | $300,453 | $376,850 | $539,896 | ↓ Below 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.