8502 DRYFIELD DR TX 78758
| Owner | PRB EQUITY 21A LLC |
|---|---|
| Parcel ID | 0239101419 |
| Short ID | 242745 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 17,760 SF |
| Land SF | 32,350 SF |
| Acres | 0.743 |
| Year Built | 1969 |
| Legal | LOT 1 DAYTON ANN ADDN |
| Neighborhood | 06NO |
| Land | $647,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $647,000 |
| Improvement | $3,266,450 |
|---|---|
| Total Improvement | $3,266,450 |
| Market | $3,913,450 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,913,450 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,913,450 |
| Taxable Value | $3,913,450 |
|---|
Appreciation: Market value has risen +73.5% from $2,255,520 (2021) to $3,913,450 (2025), a CAGR of 14.8% 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 $80,088. 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 17% of market value ($647,000 land vs $3,266,450 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,913,450, 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 +14.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,792,937 by 2030, with an estimated annual tax burden around $118,726. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,174 SF | ✗ |
| 1ST | 1st Floor | 8,880 SF | ✓ |
| 2ND | 2nd Floor | 8,880 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,810 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,610 SF | ✗ |
| 601 | POOL COMM'L | 588 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 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% | $31,169.71 | $31,169.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,653.98 | $17,653.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,662.11 | $12,662.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,976.16 | $3,976.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,483.51 | $3,483.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $68,945.47 | $68,945.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,793,028 | $3,913,450 | +22.5% |
| Assessed Value | $4,042,764 | $3,913,450 | +3.3% |
| Land Value | $647,000 | $647,000 | +0.0% |
| Improvement Value | $4,146,028 | $3,266,450 | +26.9% |
| Taxable Value | $4,042,764 | $3,913,450 | +3.3% |
| HS Cap Loss | -$750,264 | — | |
| Total Tax 2026 = estimate |
~$82,735
Estimated
|
~$68,945
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,150,400 | $4,793,028 | -357,372 (-6.9%) |
| Taxable Value | $4,042,764 | $4,042,764 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,793,028 | $647,000 | $4,146,028 | −$750,264 | $4,042,764 | $4,042,764 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,913,450 | $647,000 | $3,266,450 | — | $3,913,450 | $3,913,450 | ~$68,945 | Partial |
| 2024 | $3,637,234 | — | — | −$2,990,234 | $647,000 | $— | $77,854 | Verified |
| 2023 | $3,374,400 | — | — | −$2,727,400 | $647,000 | $— | $65,807 | Verified |
| 2022 | $2,397,600 | — | — | −$1,750,600 | $647,000 | $— | $66,642 | Verified |
| 2021 | $2,255,520 | — | — | −$1,608,520 | $647,000 | $— | $52,188 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.6% | +3.3% | 78.5% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | +15.6% | +15.6% | ~100% | 1.8500% | Verified |
| 2023 | +7.8% | +7.8% | ~100% | 1.8100% | Verified |
| 2022 | +40.7% | +40.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +63.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.5% | +17.0% | +10.6% | +40.7% | 2023 | +6.3% | 2022 |
| Assessment Ratio | 84.3% | 46.2% | — | 100.0% | 2025 | 17.8% | 2024 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$68,945 | $66,287 | ~$102,111 | $77,854 | 2024 | $52,188 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,491,465 | ~$4,304,795 | ~2.0139% | ~$86,696 | +14.8% |
| 2027 | ~$5,154,854 | ~$4,735,275 | ~1.9814% | ~$93,824 | +31.7% |
| 2028 | ~$5,916,224 | ~$5,208,802 | ~1.9488% | ~$101,511 | +51.2% |
| 2029 | ~$6,790,049 | ~$5,729,682 | ~1.9163% | ~$109,797 | +73.5% |
| 2030 | ~$7,792,937 | ~$6,302,650 | ~1.8837% | ~$118,726 | +99.1% |
| 2026 | ~$4,413,196 | ~$4,304,795 | ~2.0465% | ~$88,097 | +12.8% |
| 2027 | ~$4,976,760 | ~$4,735,275 | ~2.0465% | ~$96,907 | +27.2% |
| 2028 | ~$5,612,291 | ~$5,208,802 | ~2.0465% | ~$106,597 | +43.4% |
| 2029 | ~$6,328,979 | ~$5,729,682 | ~2.0465% | ~$117,257 | +61.7% |
| 2030 | ~$7,137,188 | ~$6,302,650 | ~2.0465% | ~$128,983 | +82.4% |
| 2026 | ~$4,569,734 | ~$4,304,795 | ~1.9977% | ~$85,995 | +16.8% |
| 2027 | ~$5,336,078 | ~$4,735,275 | ~1.9488% | ~$92,283 | +36.4% |
| 2028 | ~$6,230,936 | ~$5,208,802 | ~1.9000% | ~$98,968 | +59.2% |
| 2029 | ~$7,275,863 | ~$5,729,682 | ~1.8512% | ~$106,068 | +85.9% |
| 2030 | ~$8,496,023 | ~$6,302,650 | ~1.8024% | ~$113,597 | +117.1% |
In 2025, this property's market value of $3,913,450 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 8× 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 | $3,913,450 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,637,234 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,374,400 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,397,600 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,255,520 | $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.