AIRPORT BLVD TX 78752
| Owner | 110 JACOB FONTAINE LANE TX OWNER LP |
|---|---|
| Parcel ID | 0227110111 |
| Short ID | 860648 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 346,319 SF |
| Land SF | 284,273 SF |
| Acres | 6.526 |
| Year Built | 2020 |
| Legal | LOT 2B BLK A AUSTIN MALL AMD LT 2 OF RESUB & LOT 3A AUSTIN MALL RESUB LOT 3E & LOT 3B AUSTIN MALL RESUB LOT 3E & LOT 4B AUSTIN MALL RESUB LT 4 |
| Neighborhood | 08NC1 |
| Land | $22,741,805 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $22,741,805 |
| Improvement | $83,848,195 |
|---|---|
| Total Improvement | $83,848,195 |
| Market | $106,590,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $106,590,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $106,590,000 |
| Taxable Value | $106,590,000 |
|---|
Appreciation: Market value has risen +11.6% from $95,500,000 (2022) to $106,590,000 (2025), a CAGR of 3.7% over 3 years. Growth has been relatively flat for this asset class. 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 fell -15.5%, 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 $2,181,348. 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 21% of market value ($22,741,805 land vs $83,848,195 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $106,590,000, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $128,008,344 by 2030, with an estimated annual tax burden around $2,411,348. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 346,319 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% | $939,078.00 | $939,078.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $531,877.26 | $531,877.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $381,482.68 | $381,482.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $119,793.35 | $119,793.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $104,951.00 | $104,951.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,077,182.29 | $2,077,182.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $106,700,000 | $106,590,000 | +0.1% |
| Assessed Value | $106,700,000 | $106,590,000 | +0.1% |
| Land Value | $22,741,805 | $22,741,805 | +0.0% |
| Improvement Value | $83,958,195 | $83,848,195 | +0.1% |
| Taxable Value | $106,700,000 | $106,590,000 | +0.1% |
| Total Tax 2026 = estimate |
~$2,183,600
Estimated
|
~$2,077,182
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $106,700,000 | $106,700,000 | +0 (+0.0%) |
| Taxable Value | $106,700,000 | $106,700,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $106,700,000 | $22,741,805 | $83,958,195 | — | $106,700,000 | $106,700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $106,590,000 | $22,741,805 | $83,848,195 | — | $106,590,000 | $106,590,000 | ~$2,077,182 | Partial |
| 2024 | $136,460,000 | — | — | −$125,696,302 | $10,763,698 | $— | $2,287,041 | Verified |
| 2023 | $131,760,000 | — | — | −$120,996,302 | $10,763,698 | $— | $2,370,365 | Verified |
| 2022 | $95,500,000 | — | — | −$84,736,302 | $10,763,698 | $— | $2,430,109 | Verified |
| 2021 | $— | — | — | — | $5,382,274 | $— | $2,081,097 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | -15.1% | -15.1% | ~100% | 1.9200% | Verified |
| 2023 | +3.0% | +3.0% | ~100% | 1.6900% | Verified |
| 2022 | +39.5% | +39.5% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +5.0% | +3.7% | +38.0% | 2023 | -21.9% | 2025 |
| Assessment Ratio | 100.0% | 45.5% | — | 100.0% | 2025 | 7.9% | 2024 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,077,182 | $2,291,174 | ~$2,318,764 | $2,430,109 | 2022 | $2,077,182 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$110,565,803 | ~$110,565,803 | ~2.0139% | ~$2,226,725 | +3.7% |
| 2027 | ~$114,689,904 | ~$114,689,904 | ~1.9814% | ~$2,272,452 | +7.6% |
| 2028 | ~$118,967,834 | ~$118,967,834 | ~1.9488% | ~$2,318,492 | +11.6% |
| 2029 | ~$123,405,330 | ~$123,405,330 | ~1.9163% | ~$2,364,805 | +15.8% |
| 2030 | ~$128,008,344 | ~$128,008,344 | ~1.8837% | ~$2,411,348 | +20.1% |
| 2026 | ~$108,434,003 | ~$108,434,003 | ~2.0465% | ~$2,219,086 | +1.7% |
| 2027 | ~$110,309,908 | ~$110,309,908 | ~2.0465% | ~$2,257,476 | +3.5% |
| 2028 | ~$112,218,266 | ~$112,218,266 | ~2.0465% | ~$2,296,530 | +5.3% |
| 2029 | ~$114,159,638 | ~$114,159,638 | ~2.0465% | ~$2,336,260 | +7.1% |
| 2030 | ~$116,134,595 | ~$116,134,595 | ~2.0465% | ~$2,376,677 | +9.0% |
| 2026 | ~$112,697,603 | ~$112,697,603 | ~1.9977% | ~$2,251,317 | +5.7% |
| 2027 | ~$119,155,172 | ~$119,155,172 | ~1.9488% | ~$2,322,143 | +11.8% |
| 2028 | ~$125,982,759 | ~$125,982,759 | ~1.9000% | ~$2,393,694 | +18.2% |
| 2029 | ~$133,201,567 | ~$133,201,567 | ~1.8512% | ~$2,465,819 | +25.0% |
| 2030 | ~$140,834,012 | ~$140,834,012 | ~1.8024% | ~$2,538,352 | +32.1% |
In 2025, this property's market value of $106,590,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 205× 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 | $106,590,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $136,460,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $131,760,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $95,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | 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.