7400 N LAMAR BLVD TX 78752
| Owner | KCI AUSTIN INVESTORS 1 LLC |
|---|---|
| Parcel ID | 0233100217 |
| Short ID | 760827 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 179,670 SF |
| Land SF | 125,843 SF |
| Acres | 2.889 |
| Year Built | 2020 |
| Legal | 2.8890 AC OF LOT 6 CRESTVIEW STATION |
| Neighborhood | 08NC1 |
| Land | $8,809,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,809,010 |
| Improvement | $57,900,990 |
|---|---|
| Total Improvement | $57,900,990 |
| Market | $66,710,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $66,710,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $66,710,000 |
| Taxable Value | $66,710,000 |
|---|
Appreciation: Market value has risen +297.3% from $16,788,915 (2021) to $66,710,000 (2025), a CAGR of 41.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $1,365,210. 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 ($8,809,010 land vs $57,900,990 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $66,710,000, 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 +41.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $374,240,969 by 2030, with an estimated annual tax burden around $2,023,839. 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 | 179,670 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% | $617,200.92 | $617,200.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $349,571.74 | $349,571.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $250,726.20 | $250,726.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $78,733.14 | $78,733.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $68,978.14 | $68,978.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,365,210.14 | $1,365,210.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $57,630,000 | $66,710,000 | -13.6% |
| Assessed Value | $57,630,000 | $66,710,000 | -13.6% |
| Land Value | $8,809,010 | $8,809,010 | +0.0% |
| Improvement Value | $48,820,990 | $57,900,990 | -15.7% |
| Taxable Value | $57,630,000 | $66,710,000 | -13.6% |
| Total Tax 2026 = estimate |
~$1,179,389
Estimated
|
~$1,365,210
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $62,750,491 | $57,630,000 | -5,120,491 (-8.2%) |
| Taxable Value | $62,750,491 | $57,630,000 | -5,120,491 (-8.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $57,630,000 | $8,809,010 | $48,820,990 | — | $57,630,000 | $57,630,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $66,710,000 | $8,809,010 | $57,900,990 | — | $66,710,000 | $66,710,000 | ~$1,365,210 | Partial |
| 2024 | $60,000,000 | — | — | −$51,190,990 | $8,809,010 | $— | $1,094,556 | Verified |
| 2023 | $57,000,000 | — | — | −$48,190,990 | $8,809,010 | $— | $1,089,492 | Verified |
| 2022 | $49,730,000 | — | — | −$41,550,205 | $8,179,795 | $— | $1,130,207 | Verified |
| 2021 | $16,788,915 | — | — | −$11,125,980 | $5,662,935 | $— | $1,082,462 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2024 | -7.0% | -7.0% | ~100% | 1.8400% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.7000% | Verified |
| 2022 | +23.8% | +23.8% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 6.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.6% | +42.7% | +45.6% | +196.2% | 2022 | -13.6% | 2026 |
| Assessment Ratio | 100.0% | 46.7% | — | 100.0% | 2025 | 14.7% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,365,210 | $1,152,386 | ~$1,740,617 | $1,365,210 | 2025 | $1,082,462 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$94,185,277 | ~$73,381,000 | ~2.0139% | ~$1,477,847 | +41.2% |
| 2027 | ~$132,976,561 | ~$80,719,100 | ~1.9814% | ~$1,599,359 | +99.3% |
| 2028 | ~$187,744,478 | ~$88,791,010 | ~1.9488% | ~$1,730,394 | +181.4% |
| 2029 | ~$265,069,190 | ~$97,670,111 | ~1.9163% | ~$1,871,644 | +297.3% |
| 2030 | ~$374,240,969 | ~$107,437,122 | ~1.8837% | ~$2,023,839 | +461.0% |
| 2026 | ~$92,851,077 | ~$73,381,000 | ~2.0465% | ~$1,501,731 | +39.2% |
| 2027 | ~$129,235,834 | ~$80,719,100 | ~2.0465% | ~$1,651,904 | +93.7% |
| 2028 | ~$179,878,374 | ~$88,791,010 | ~2.0465% | ~$1,817,095 | +169.6% |
| 2029 | ~$250,365,772 | ~$97,670,111 | ~2.0465% | ~$1,998,804 | +275.3% |
| 2030 | ~$348,474,465 | ~$107,437,122 | ~2.0465% | ~$2,198,685 | +422.4% |
| 2026 | ~$95,519,477 | ~$73,381,000 | ~1.9977% | ~$1,465,905 | +43.2% |
| 2027 | ~$136,770,656 | ~$80,719,100 | ~1.9488% | ~$1,573,086 | +105.0% |
| 2028 | ~$195,836,628 | ~$88,791,010 | ~1.9000% | ~$1,687,044 | +193.6% |
| 2029 | ~$280,410,917 | ~$97,670,111 | ~1.8512% | ~$1,808,063 | +320.3% |
| 2030 | ~$401,509,579 | ~$107,437,122 | ~1.8024% | ~$1,936,416 | +501.9% |
In 2025, this property's market value of $66,710,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 128× 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 | $66,710,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $60,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $57,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $49,730,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $16,788,915 | $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.