2211 RICHCREEK RD TX 78757
| Owner | J & E MILLER FAMILY LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0236050312 |
| Short ID | 239047 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 10,750 SF |
| Land SF | 22,872 SF |
| Acres | 0.525 |
| Year Built | 1967 |
| Legal | LOT 1&2 PARKER R T SUBD |
| Neighborhood | 05NC2 |
| Land | $1,143,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,143,600 |
| Improvement | $1,046,400 |
|---|---|
| Total Improvement | $1,046,400 |
| Market | $2,190,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,190,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,190,000 |
| Taxable Value | $2,190,000 |
|---|
Appreciation: Market value has risen +37.8% from $1,589,100 (2021) to $2,190,000 (2025), a CAGR of 8.3% 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 lagged 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 $44,818. 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 52% of market value ($1,143,600 land vs $1,046,400 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,190,000, 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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,270,094 by 2030, with an estimated annual tax burden around $61,600. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 7,468 SF | ✓ |
| 551 | PAVED AREA | 5,700 SF | ✗ |
| SO | Sketch Only | 5,022 SF | ✗ |
| 2ND | 2nd Floor | 3,282 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 2,312 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,700 SF | ✗ |
| 501 | CANOPY | 1,050 SF | ✗ |
| 611 | TERRACE | 950 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 598 SF | ✗ |
| 601 | POOL COMM'L | 560 SF | ✗ |
| 581C | STORAGE ATT COMM | 394 SF | ✓ |
| 511 | DECK | 282 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 16 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $19,891.80 | $19,891.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,266.37 | $11,266.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,080.67 | $8,080.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,537.49 | $2,537.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,223.10 | $2,223.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,999.43 | $43,999.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,200,000 | $2,190,000 | +0.5% |
| Assessed Value | $2,200,000 | $2,190,000 | +0.5% |
| Land Value | $1,143,600 | $1,143,600 | +0.0% |
| Improvement Value | $1,056,400 | $1,046,400 | +1.0% |
| Taxable Value | $2,200,000 | $2,190,000 | +0.5% |
| Total Tax 2026 = estimate |
~$45,023
Estimated
|
~$43,999
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,200,000 | $2,200,000 | +0 (+0.0%) |
| Taxable Value | $2,200,000 | $2,200,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,200,000 | $1,143,600 | $1,056,400 | — | $2,200,000 | $2,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,190,000 | $1,143,600 | $1,046,400 | — | $2,190,000 | $2,190,000 | ~$43,999 | Partial |
| 2024 | $2,046,000 | — | — | −$902,400 | $1,143,600 | $— | $39,051 | Verified |
| 2023 | $1,935,000 | — | — | −$791,400 | $1,143,600 | $— | $37,017 | Verified |
| 2022 | $1,935,000 | — | — | −$791,400 | $1,143,600 | $— | $38,215 | Verified |
| 2021 | $1,589,100 | — | — | −$445,500 | $1,143,600 | $— | $42,119 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2024 | -3.7% | -3.7% | ~100% | 1.9800% | Verified |
| 2023 | +5.7% | +5.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +7.0% | +8.3% | +21.8% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 74.4% | — | 100.0% | 2025 | 55.9% | 2024 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,999 | $40,080 | ~$54,490 | $43,999 | 2025 | $37,017 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,372,834 | ~$2,372,834 | ~2.0139% | ~$47,787 | +8.3% |
| 2027 | ~$2,570,932 | ~$2,570,932 | ~1.9814% | ~$50,940 | +17.4% |
| 2028 | ~$2,785,568 | ~$2,785,568 | ~1.9488% | ~$54,286 | +27.2% |
| 2029 | ~$3,018,123 | ~$3,018,123 | ~1.9163% | ~$57,836 | +37.8% |
| 2030 | ~$3,270,094 | ~$3,270,094 | ~1.8837% | ~$61,600 | +49.3% |
| 2026 | ~$2,329,034 | ~$2,329,034 | ~2.0465% | ~$47,663 | +6.3% |
| 2027 | ~$2,476,894 | ~$2,476,894 | ~2.0465% | ~$50,689 | +13.1% |
| 2028 | ~$2,634,142 | ~$2,634,142 | ~2.0465% | ~$53,907 | +20.3% |
| 2029 | ~$2,801,373 | ~$2,801,373 | ~2.0465% | ~$57,330 | +27.9% |
| 2030 | ~$2,979,220 | ~$2,979,220 | ~2.0465% | ~$60,969 | +36.0% |
| 2026 | ~$2,416,634 | ~$2,409,000 | ~1.9977% | ~$48,124 | +10.3% |
| 2027 | ~$2,666,721 | ~$2,649,900 | ~1.9488% | ~$51,642 | +21.8% |
| 2028 | ~$2,942,689 | ~$2,914,890 | ~1.9000% | ~$55,383 | +34.4% |
| 2029 | ~$3,247,215 | ~$3,206,379 | ~1.8512% | ~$59,356 | +48.3% |
| 2030 | ~$3,583,256 | ~$3,527,017 | ~1.8024% | ~$63,570 | +63.6% |
In 2025, this property's market value of $2,190,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $2,190,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,046,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,935,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,935,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,589,100 | $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.