612 W NORTH LOOP BLVD TX 78751
| Owner | MILLER J & E FAMILY LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0226070720 |
| Short ID | 226683 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 11,950 SF |
| Land SF | 22,724 SF |
| Acres | 0.522 |
| Year Built | 1986 |
| Legal | LOT 15,17,&19 LESS 10X150'AV NORTHFIELD ADDN |
| Neighborhood | 05NC |
| Land | $1,136,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,136,200 |
| Improvement | $1,963,800 |
|---|---|
| Total Improvement | $1,963,800 |
| Market | $3,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,100,000 |
| Taxable Value | $3,100,000 |
|---|
Appreciation: Market value has risen +62.1% from $1,912,000 (2021) to $3,100,000 (2025), a CAGR of 12.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $63,441. 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 37% of market value ($1,136,200 land vs $1,963,800 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,100,000, 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 +12.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,671,579 by 2030, with an estimated annual tax burden around $94,047. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,100 SF | ✗ |
| 1ST | 1st Floor | 5,975 SF | ✓ |
| 2ND | 2nd Floor | 5,975 SF | ✓ |
| 611 | TERRACE | 720 SF | ✗ |
| SO | Sketch Only | 720 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 543 SF | ✗ |
| 541 | FENCE COMM LF | 505 SF | ✗ |
| 511 | DECK | 360 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 153 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 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% | $25,794.58 | $25,794.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,609.59 | $14,609.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,478.56 | $10,478.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,290.48 | $3,290.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,882.79 | $2,882.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $57,056.00 | $57,056.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,647,395 | $3,100,000 | -14.6% |
| Assessed Value | $2,647,395 | $3,100,000 | -14.6% |
| Land Value | $1,136,200 | $1,136,200 | +0.0% |
| Improvement Value | $1,511,195 | $1,963,800 | -23.0% |
| Taxable Value | $2,647,395 | $3,100,000 | -14.6% |
| Total Tax 2026 = estimate |
~$54,179
Estimated
|
~$57,056
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,647,395 | $2,647,395 | +0 (+0.0%) |
| Taxable Value | $2,647,395 | $2,647,395 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,647,395 | $1,136,200 | $1,511,195 | — | $2,647,395 | $2,647,395 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,100,000 | $1,136,200 | $1,963,800 | — | $3,100,000 | $3,100,000 | ~$57,056 | Partial |
| 2024 | $2,310,422 | — | — | −$1,174,222 | $1,136,200 | $— | $51,202 | Verified |
| 2023 | $2,206,496 | — | — | −$1,070,296 | $1,136,200 | $— | $41,801 | Verified |
| 2022 | $2,031,500 | — | — | −$895,300 | $1,136,200 | $— | $43,577 | Verified |
| 2021 | $1,912,000 | — | — | −$775,800 | $1,136,200 | $— | $44,219 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.6% | -14.6% | ~100% | Not available | Partial |
| 2025 | +20.0% | +20.0% | ~100% | Not available | Partial |
| 2024 | +11.8% | +11.8% | ~100% | 1.9800% | Verified |
| 2023 | +4.7% | +4.7% | ~100% | 1.8100% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.6% | +7.8% | +16.7% | +34.2% | 2025 | -14.6% | 2026 |
| Assessment Ratio | 100.0% | 69.3% | — | 100.0% | 2025 | 49.2% | 2024 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$57,056 | $47,571 | ~$80,886 | $57,056 | 2025 | $41,801 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,498,083 | ~$3,410,000 | ~2.0139% | ~$68,675 | +12.8% |
| 2027 | ~$3,947,286 | ~$3,751,000 | ~1.9814% | ~$74,322 | +27.3% |
| 2028 | ~$4,454,173 | ~$4,126,100 | ~1.9488% | ~$80,411 | +43.7% |
| 2029 | ~$5,026,151 | ~$4,538,710 | ~1.9163% | ~$86,975 | +62.1% |
| 2030 | ~$5,671,579 | ~$4,992,581 | ~1.8837% | ~$94,047 | +83.0% |
| 2026 | ~$3,436,083 | ~$3,410,000 | ~2.0465% | ~$69,785 | +10.8% |
| 2027 | ~$3,808,603 | ~$3,751,000 | ~2.0465% | ~$76,764 | +22.9% |
| 2028 | ~$4,221,508 | ~$4,126,100 | ~2.0465% | ~$84,440 | +36.2% |
| 2029 | ~$4,679,179 | ~$4,538,710 | ~2.0465% | ~$92,884 | +50.9% |
| 2030 | ~$5,186,467 | ~$4,992,581 | ~2.0465% | ~$102,172 | +67.3% |
| 2026 | ~$3,560,083 | ~$3,410,000 | ~1.9977% | ~$68,120 | +14.8% |
| 2027 | ~$4,088,449 | ~$3,751,000 | ~1.9488% | ~$73,101 | +31.9% |
| 2028 | ~$4,695,232 | ~$4,126,100 | ~1.9000% | ~$78,397 | +51.5% |
| 2029 | ~$5,392,070 | ~$4,538,710 | ~1.8512% | ~$84,020 | +73.9% |
| 2030 | ~$6,192,329 | ~$4,992,581 | ~1.8024% | ~$89,985 | +99.8% |
In 2025, this property's market value of $3,100,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $3,100,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,310,422 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,206,496 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,031,500 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,912,000 | $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.