6707 BERKMAN DR TX 78723
| Owner | RPC MUELLER POINT LLC |
|---|---|
| Parcel ID | 0225200240 |
| Short ID | 225827 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 21,678 SF |
| Land SF | 42,840 SF |
| Acres | 0.983 |
| Year Built | 1972 |
| Legal | LOT 3 BERKMAN DRIVE ADDN SEC 2 |
| Neighborhood | 06NE |
| Land | $1,285,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,285,200 |
| Improvement | $4,284,800 |
|---|---|
| Total Improvement | $4,284,800 |
| Market | $5,570,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,570,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,570,000 |
| Taxable Value | $5,570,000 |
|---|
Appreciation: Market value has risen +105.6% from $2,709,750 (2021) to $5,570,000 (2025), a CAGR of 19.7% 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 $113,989. 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 23% of market value ($1,285,200 land vs $4,284,800 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,570,000, 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 +19.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,709,217 by 2030, with an estimated annual tax burden around $168,982. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 28,596 SF | ✗ |
| 551 | PAVED AREA | 20,385 SF | ✗ |
| 1ST | 1st Floor | 10,839 SF | ✓ |
| 2ND | 2nd Floor | 10,839 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,139 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,139 SF | ✗ |
| 611 | TERRACE | 2,880 SF | ✗ |
| 435 | FENCE IRON LF | 255 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% | +2,585 |
| Travis County | 0.3444% | 0.3758% | +1,749 |
| Austin ISD | 0.9505% | 0.9252% | -1,409 |
| Travis Central Health | 0.1080% | 0.1180% | +560 |
| Austin Community College | 0.1013% | 0.1034% | +117 |
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% | $51,533.64 | $— | $51,533.64 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,187.75 | $— | $29,187.75 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,934.57 | $— | $20,934.57 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,573.88 | $— | $6,573.88 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,759.38 | $— | $5,759.38 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $113,989.22 | $0.00 | $113,989.22 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,332,700 | $5,570,000 | +13.7% |
| Assessed Value | $6,332,700 | $5,570,000 | +13.7% |
| Land Value | $1,285,200 | $1,285,200 | +0.0% |
| Improvement Value | $5,047,500 | $4,284,800 | +17.8% |
| Taxable Value | $6,332,700 | $5,570,000 | +13.7% |
| Total Tax 2026 = estimate |
~$129,598
Estimated
|
$113,989 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,332,700 | $6,332,700 | +0 (+0.0%) |
| Taxable Value | $6,332,700 | $6,332,700 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,332,700 | $1,285,200 | $5,047,500 | — | $6,332,700 | $6,332,700 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,570,000 | $1,285,200 | $4,284,800 | — | $5,570,000 | $5,570,000 | $113,989 | Verified |
| 2024 | $5,164,570 | — | — | −$3,879,370 | $1,285,200 | $— | $106,083 | Verified |
| 2023 | $4,389,000 | — | — | −$3,103,800 | $1,285,200 | $— | $93,440 | Verified |
| 2022 | $4,389,795 | — | — | −$3,318,795 | $1,071,000 | $— | $86,679 | Verified |
| 2021 | $2,709,750 | — | — | −$1,852,950 | $856,800 | $— | $95,552 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.7% | +13.7% | ~100% | Not available | Partial |
| 2025 | +4.1% | +4.1% | ~100% | 2.0500% | Verified |
| 2024 | +3.6% | +3.6% | ~100% | 1.9800% | Verified |
| 2023 | +17.7% | +17.7% | ~100% | 1.8100% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.7% | +20.3% | +16.9% | +62.0% | 2022 | +-0.0% | 2023 |
| Assessment Ratio | 100.0% | 51.7% | — | 100.0% | 2025 | 24.4% | 2022 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $113,989 | $99,149 | ~$145,334 | $113,989 | 2025 | $86,679 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,669,399 | ~$6,127,000 | ~2.0139% | ~$123,394 | +19.7% |
| 2027 | ~$7,985,795 | ~$6,739,700 | ~1.9814% | ~$133,540 | +43.4% |
| 2028 | ~$9,562,021 | ~$7,413,670 | ~1.9488% | ~$144,481 | +71.7% |
| 2029 | ~$11,449,359 | ~$8,155,037 | ~1.9163% | ~$156,274 | +105.6% |
| 2030 | ~$13,709,217 | ~$8,970,541 | ~1.8837% | ~$168,982 | +146.1% |
| 2026 | ~$6,557,999 | ~$6,127,000 | ~2.0465% | ~$125,388 | +17.7% |
| 2027 | ~$7,721,247 | ~$6,739,700 | ~2.0465% | ~$137,927 | +38.6% |
| 2028 | ~$9,090,832 | ~$7,413,670 | ~2.0465% | ~$151,720 | +63.2% |
| 2029 | ~$10,703,351 | ~$8,155,037 | ~2.0465% | ~$166,892 | +92.2% |
| 2030 | ~$12,601,896 | ~$8,970,541 | ~2.0465% | ~$183,581 | +126.2% |
| 2026 | ~$6,780,799 | ~$6,127,000 | ~1.9977% | ~$122,397 | +21.7% |
| 2027 | ~$8,254,799 | ~$6,739,700 | ~1.9488% | ~$131,346 | +48.2% |
| 2028 | ~$10,049,216 | ~$7,413,670 | ~1.9000% | ~$140,861 | +80.4% |
| 2029 | ~$12,233,701 | ~$8,155,037 | ~1.8512% | ~$150,966 | +119.6% |
| 2030 | ~$14,893,045 | ~$8,970,541 | ~1.8024% | ~$161,682 | +167.4% |
In 2025, this property's market value of $5,570,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 11× 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 | $5,570,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,164,570 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,389,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,389,795 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,709,750 | $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.