1712 PATTON LN TX 78723
| Owner | RPC OAKVIEW TERRACE LLC |
|---|---|
| Parcel ID | 0225200216 |
| Short ID | 225810 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 28,248 SF |
| Land SF | 43,875 SF |
| Acres | 1.007 |
| Year Built | 1983 |
| Legal | LOT A PODOLNICK BLOSSOM SUBD SEC 1 |
| Neighborhood | 06NE |
| Land | $877,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $877,500 |
| Improvement | $5,854,379 |
|---|---|
| Total Improvement | $5,854,379 |
| Market | $6,731,879 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,731,879 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,731,879 |
| Taxable Value | $6,731,879 |
|---|
Appreciation: Market value has risen +116.6% from $3,107,280 (2021) to $6,731,879 (2025), a CAGR of 21.3% 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 $137,767. 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 13% of market value ($877,500 land vs $5,854,379 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,731,879, 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 +21.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,694,211 by 2030, with an estimated annual tax burden around $204,231. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 22,680 SF | ✗ |
| 2ND | 2nd Floor | 10,344 SF | ✓ |
| 1ST | 1st Floor | 10,260 SF | ✓ |
| 3RD | 3rd Floor | 7,644 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 2,874 SF | ✗ |
| SO | Sketch Only | 1,871 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,640 SF | ✗ |
| 591 | MASONRY TRIM SF | 420 SF | ✗ |
| 541 | FENCE COMM LF | 320 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 172 | SHOWER STALL AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +3,125 |
| Travis County | 0.3444% | 0.3758% | +2,114 |
| Austin ISD | 0.9505% | 0.9252% | -1,703 |
| Travis Central Health | 0.1080% | 0.1180% | +677 |
| Austin Community College | 0.1013% | 0.1034% | +141 |
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% | $62,283.34 | $— | $62,283.34 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,276.19 | $— | $35,276.19 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,301.43 | $— | $25,301.43 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,945.17 | $— | $7,945.17 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,960.76 | $— | $6,960.76 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $137,766.89 | $0.00 | $137,766.89 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,308,825 | $6,731,879 | +8.6% |
| Assessed Value | $7,308,825 | $6,731,879 | +8.6% |
| Land Value | $877,500 | $877,500 | +0.0% |
| Improvement Value | $6,431,325 | $5,854,379 | +9.9% |
| Taxable Value | $7,308,825 | $6,731,879 | +8.6% |
| Total Tax 2026 = estimate |
~$149,574
Estimated
|
$137,767 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,308,825 | $7,308,825 | +0 (+0.0%) |
| Taxable Value | $7,308,825 | $7,308,825 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,308,825 | $877,500 | $6,431,325 | — | $7,308,825 | $7,308,825 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,731,879 | $877,500 | $5,854,379 | — | $6,731,879 | $6,731,879 | $137,767 | Verified |
| 2024 | $5,873,258 | — | — | −$4,995,758 | $877,500 | $— | $110,509 | Verified |
| 2023 | $4,936,000 | — | — | −$4,058,500 | $877,500 | $— | $106,262 | Verified |
| 2022 | $3,389,760 | — | — | −$2,731,635 | $658,125 | $— | $97,482 | Verified |
| 2021 | $3,107,280 | — | — | −$2,449,155 | $658,125 | $— | $73,784 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.6% | +8.6% | ~100% | Not available | Partial |
| 2025 | +20.7% | +20.7% | ~100% | 2.0500% | Verified |
| 2024 | -5.1% | -5.1% | ~100% | 1.9800% | Verified |
| 2023 | +19.0% | +19.0% | ~100% | 1.8100% | Verified |
| 2022 | +45.6% | +45.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +98.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.6% | +19.4% | +19.4% | +45.6% | 2023 | +8.6% | 2026 |
| Assessment Ratio | 100.0% | 45.6% | — | 100.0% | 2025 | 14.9% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $137,767 | $105,161 | ~$175,650 | $137,767 | 2025 | $73,784 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,167,239 | ~$7,405,067 | ~2.0139% | ~$149,133 | +21.3% |
| 2027 | ~$9,908,645 | ~$8,145,574 | ~1.9814% | ~$161,395 | +47.2% |
| 2028 | ~$12,021,350 | ~$8,960,131 | ~1.9488% | ~$174,619 | +78.6% |
| 2029 | ~$14,584,522 | ~$9,856,144 | ~1.9163% | ~$188,872 | +116.6% |
| 2030 | ~$17,694,211 | ~$10,841,758 | ~1.8837% | ~$204,231 | +162.8% |
| 2026 | ~$8,032,602 | ~$7,405,067 | ~2.0465% | ~$151,544 | +19.3% |
| 2027 | ~$9,584,648 | ~$8,145,574 | ~2.0465% | ~$166,698 | +42.4% |
| 2028 | ~$11,436,578 | ~$8,960,131 | ~2.0465% | ~$183,368 | +69.9% |
| 2029 | ~$13,646,335 | ~$9,856,144 | ~2.0465% | ~$201,705 | +102.7% |
| 2030 | ~$16,283,058 | ~$10,841,758 | ~2.0465% | ~$221,875 | +141.9% |
| 2026 | ~$8,301,877 | ~$7,405,067 | ~1.9977% | ~$147,928 | +23.3% |
| 2027 | ~$10,238,027 | ~$8,145,574 | ~1.9488% | ~$158,744 | +52.1% |
| 2028 | ~$12,625,723 | ~$8,960,131 | ~1.9000% | ~$170,244 | +87.6% |
| 2029 | ~$15,570,274 | ~$9,856,144 | ~1.8512% | ~$182,456 | +131.3% |
| 2030 | ~$19,201,547 | ~$10,841,758 | ~1.8024% | ~$195,409 | +185.2% |
In 2025, this property's market value of $6,731,879 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 13× 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 | $6,731,879 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,873,258 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,936,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,389,760 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,107,280 | $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.