7481 CHEVY CHASE DR TX 78752
| Owner | BR F&B CHEVY CHASE LLC |
|---|---|
| Parcel ID | 0232150113 |
| Short ID | 234105 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 282,436 SF |
| Land SF | 578,599 SF |
| Acres | 13.283 |
| Year Built | 1969 |
| Legal | LOT 1C CHEVY CHASE APARTMENTS |
| Neighborhood | 08NC1 |
| Land | $5,785,988 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,785,988 |
| Improvement | $36,814,012 |
|---|---|
| Total Improvement | $36,814,012 |
| Market | $42,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $42,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $42,600,000 |
| Taxable Value | $42,600,000 |
|---|
Appreciation: Market value has risen +49.2% from $28,560,000 (2021) to $42,600,000 (2025), a CAGR of 10.5% 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 $871,803. 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 14% of market value ($5,785,988 land vs $36,814,012 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $42,600,000, 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 +10.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $70,222,105 by 2030, with an estimated annual tax burden around $1,292,393. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 450,629 SF | ✗ |
| 551 | PAVED AREA | 145,200 SF | ✗ |
| 1ST | 1st Floor | 136,497 SF | ✓ |
| 2ND | 2nd Floor | 122,241 SF | ✓ |
| 3RD | 3rd Floor | 23,698 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 14,671 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 9,637 SF | ✗ |
| 611 | TERRACE | 5,182 SF | ✗ |
| MISC | Miscellaneous | 3,117 SF | ✓ |
| 601 | POOL COMM'L | 2,534 SF | ✗ |
| 581C | STORAGE ATT COMM | 2,242 SF | ✓ |
| 571C | STORAGE DET COMM | 754 SF | ✓ |
| 521 | FIREPLACE | 3 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 2 SF | ✓ |
| 303 | STAIRWAYS FV | 2 SF | ✓ |
| 305 | BALCONY FV | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 549 | FENCE COMM FV | 2 SF | ✗ |
| 182 | SINK AVG | 1 SF | ✓ |
| 333 | MECHANICAL RM FV | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 282 | LIGHT POLES FV | 1 SF | ✓ |
| 299 | ALL FLAT VALUE | 1 SF | ✓ |
| 312 | TENNIS COURT 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% | $379,332.00 | $379,332.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $214,846.97 | $214,846.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $154,096.45 | $154,096.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,389.43 | $48,389.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $42,394.00 | $42,394.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $839,058.85 | $839,058.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $38,540,000 | $42,600,000 | -9.5% |
| Assessed Value | $38,540,000 | $42,600,000 | -9.5% |
| Land Value | $5,785,988 | $5,785,988 | +0.0% |
| Improvement Value | $32,754,012 | $36,814,012 | -11.0% |
| Taxable Value | $38,540,000 | $42,600,000 | -9.5% |
| Total Tax 2026 = estimate |
~$788,715
Estimated
|
~$839,059
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $38,540,000 | $38,540,000 | +0 (+0.0%) |
| Taxable Value | $38,540,000 | $38,540,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $38,540,000 | $5,785,988 | $32,754,012 | — | $38,540,000 | $38,540,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $42,600,000 | $5,785,988 | $36,814,012 | — | $42,600,000 | $42,600,000 | ~$839,059 | Partial |
| 2024 | $43,000,000 | — | — | −$37,214,012 | $5,785,988 | $— | $849,260 | Verified |
| 2023 | $38,300,000 | — | — | −$32,514,012 | $5,785,988 | $— | $782,502 | Verified |
| 2022 | $34,460,000 | — | — | −$28,674,012 | $5,785,988 | $— | $759,366 | Verified |
| 2021 | $28,560,000 | — | — | −$22,774,012 | $5,785,988 | $— | $705,331 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.5% | -9.5% | ~100% | Not available | Partial |
| 2025 | -2.8% | -2.8% | ~100% | Not available | Partial |
| 2024 | -11.1% | -11.1% | ~100% | 1.9400% | Verified |
| 2023 | +19.4% | +19.4% | ~100% | 1.5900% | Verified |
| 2022 | +19.9% | +19.9% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.5% | +6.7% | +12.8% | +20.7% | 2022 | -9.5% | 2026 |
| Assessment Ratio | 100.0% | 44.3% | — | 100.0% | 2025 | 13.5% | 2024 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$839,059 | $787,104 | ~$1,111,531 | $849,260 | 2024 | $705,331 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$47,078,482 | ~$46,860,000 | ~2.0139% | ~$943,731 | +10.5% |
| 2027 | ~$52,027,780 | ~$51,546,000 | ~1.9814% | ~$1,021,326 | +22.1% |
| 2028 | ~$57,497,392 | ~$56,700,600 | ~1.9488% | ~$1,105,004 | +35.0% |
| 2029 | ~$63,542,017 | ~$62,370,660 | ~1.9163% | ~$1,195,203 | +49.2% |
| 2030 | ~$70,222,105 | ~$68,607,726 | ~1.8837% | ~$1,292,393 | +64.8% |
| 2026 | ~$46,226,482 | ~$46,226,482 | ~2.0465% | ~$946,018 | +8.5% |
| 2027 | ~$50,161,681 | ~$50,161,681 | ~2.0465% | ~$1,026,551 | +17.8% |
| 2028 | ~$54,431,879 | ~$54,431,879 | ~2.0465% | ~$1,113,940 | +27.8% |
| 2029 | ~$59,065,592 | ~$59,065,592 | ~2.0465% | ~$1,208,768 | +38.7% |
| 2030 | ~$64,093,768 | ~$64,093,768 | ~2.0465% | ~$1,311,669 | +50.5% |
| 2026 | ~$47,930,482 | ~$46,860,000 | ~1.9977% | ~$936,105 | +12.5% |
| 2027 | ~$53,927,960 | ~$51,546,000 | ~1.9488% | ~$1,004,549 | +26.6% |
| 2028 | ~$60,675,894 | ~$56,700,600 | ~1.9000% | ~$1,077,321 | +42.4% |
| 2029 | ~$68,268,188 | ~$62,370,660 | ~1.8512% | ~$1,154,602 | +60.3% |
| 2030 | ~$76,810,496 | ~$68,607,726 | ~1.8024% | ~$1,236,566 | +80.3% |
In 2025, this property's market value of $42,600,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 82× 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 | $42,600,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $43,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $38,300,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $34,460,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $28,560,000 | $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.