1800 PATTON LN TX 78723
| Owner | RPC OAKVIEW TERRACE LLC |
|---|---|
| Parcel ID | 0225200215 |
| Short ID | 225808 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 22,446 SF |
| Land SF | 42,262 SF |
| Acres | 0.970 |
| Year Built | 1972 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR 0.9702 |
| Neighborhood | 06NE |
| Land | $845,238 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $845,238 |
| Improvement | $4,472,883 |
|---|---|
| Total Improvement | $4,472,883 |
| Market | $5,318,121 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,318,121 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,318,121 |
| Taxable Value | $5,318,121 |
|---|
Appreciation: Market value has risen +89.5% from $2,805,750 (2021) to $5,318,121 (2025), a CAGR of 17.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $108,835. 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 16% of market value ($845,238 land vs $4,472,883 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,318,121, 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 +17.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,827,549 by 2030, with an estimated annual tax burden around $161,340. 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 | 36,915 SF | ✗ |
| 551 | PAVED AREA | 16,800 SF | ✗ |
| 1ST | 1st Floor | 11,223 SF | ✓ |
| 2ND | 2nd Floor | 11,223 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,580 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 416 SF | ✗ |
| 601 | POOL COMM'L | 320 SF | ✗ |
| 571C | STORAGE DET COMM | 305 SF | ✓ |
| 581C | STORAGE ATT COMM | 305 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +2,469 |
| Travis County | 0.3444% | 0.3758% | +1,670 |
| Austin ISD | 0.9505% | 0.9252% | -1,345 |
| Travis Central Health | 0.1080% | 0.1180% | +535 |
| Austin Community College | 0.1013% | 0.1034% | +112 |
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% | $49,203.26 | $— | $49,203.26 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,867.86 | $— | $27,867.86 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,987.89 | $— | $19,987.89 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,276.61 | $— | $6,276.61 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,498.94 | $— | $5,498.94 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $108,834.56 | $0.00 | $108,834.56 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,875,200 | $5,318,121 | +10.5% |
| Assessed Value | $5,875,200 | $5,318,121 | +10.5% |
| Land Value | $845,238 | $845,238 | +0.0% |
| Improvement Value | $5,029,962 | $4,472,883 | +12.5% |
| Taxable Value | $5,875,200 | $5,318,121 | +10.5% |
| Total Tax 2026 = estimate |
~$120,235
Estimated
|
$108,835 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,875,200 | $5,875,200 | +0 (+0.0%) |
| Taxable Value | $5,875,200 | $5,875,200 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,875,200 | $845,238 | $5,029,962 | — | $5,875,200 | $5,875,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,318,121 | $845,238 | $4,472,883 | — | $5,318,121 | $5,318,121 | $108,835 | Verified |
| 2024 | $4,111,334 | — | — | −$3,266,096 | $845,238 | $— | $94,427 | Verified |
| 2023 | $3,463,000 | — | — | −$2,617,762 | $845,238 | $— | $74,384 | Verified |
| 2022 | $3,366,900 | — | — | −$2,732,971 | $633,929 | $— | $68,392 | Verified |
| 2021 | $2,805,750 | — | — | −$2,171,821 | $633,929 | $— | $73,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.5% | +10.5% | ~100% | Not available | Partial |
| 2025 | +11.6% | +11.6% | ~100% | 2.0500% | Verified |
| 2024 | +15.9% | +15.9% | ~100% | 1.9800% | Verified |
| 2023 | +18.7% | +18.7% | ~100% | 1.8100% | Verified |
| 2022 | +2.9% | +2.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.5% | +16.3% | +15.1% | +29.4% | 2025 | +2.9% | 2023 |
| Assessment Ratio | 100.0% | 47.7% | — | 100.0% | 2025 | 18.8% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $108,835 | $83,865 | ~$138,762 | $108,835 | 2025 | $68,392 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,240,013 | ~$5,849,933 | ~2.0139% | ~$117,814 | +17.3% |
| 2027 | ~$7,321,715 | ~$6,434,926 | ~1.9814% | ~$127,501 | +37.7% |
| 2028 | ~$8,590,929 | ~$7,078,419 | ~1.9488% | ~$137,947 | +61.5% |
| 2029 | ~$10,080,161 | ~$7,786,261 | ~1.9163% | ~$149,207 | +89.5% |
| 2030 | ~$11,827,549 | ~$8,564,887 | ~1.8837% | ~$161,340 | +122.4% |
| 2026 | ~$6,133,651 | ~$5,849,933 | ~2.0465% | ~$119,718 | +15.3% |
| 2027 | ~$7,074,242 | ~$6,434,926 | ~2.0465% | ~$131,690 | +33.0% |
| 2028 | ~$8,159,072 | ~$7,078,419 | ~2.0465% | ~$144,859 | +53.4% |
| 2029 | ~$9,410,260 | ~$7,786,261 | ~2.0465% | ~$159,345 | +76.9% |
| 2030 | ~$10,853,316 | ~$8,564,887 | ~2.0465% | ~$175,279 | +104.1% |
| 2026 | ~$6,346,376 | ~$5,849,933 | ~1.9977% | ~$116,862 | +19.3% |
| 2027 | ~$7,573,443 | ~$6,434,926 | ~1.9488% | ~$125,406 | +42.4% |
| 2028 | ~$9,037,763 | ~$7,078,419 | ~1.9000% | ~$134,491 | +69.9% |
| 2029 | ~$10,785,208 | ~$7,786,261 | ~1.8512% | ~$144,139 | +102.8% |
| 2030 | ~$12,870,520 | ~$8,564,887 | ~1.8024% | ~$154,371 | +142.0% |
In 2025, this property's market value of $5,318,121 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 10× 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 | $5,318,121 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,111,334 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,463,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,366,900 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,805,750 | $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.