1420 DESSAU RD TX 78754
| Owner | HOUSING AUTHORITY OF AUSTIN |
|---|---|
| Parcel ID | 0239231323 |
| Short ID | 934686 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 456,683 SF |
| Acres | 10.484 |
| Year Built | — |
| Legal | LOT 1 BLK A PIONEER HILLS APARTMENTS |
| Neighborhood | 1NE1 |
| Land | $2,283,415 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,283,415 |
| Improvement | $69,325,189 |
|---|---|
| Total Improvement | $69,325,189 |
| Market | $71,608,604 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $71,608,604 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $71,608,604 |
| Taxable Value | $71,608,604 |
|---|
Appreciation: Market value has risen +3036.0% from $2,283,415 (2021) to $71,608,604 (2025), a CAGR of 136.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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.
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 3% of market value ($2,283,415 land vs $69,325,189 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $71,608,604, 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 +136.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,314,233,764 by 2030, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 264,401 SF | ✓ |
Market value changed by 300% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $54,960,000 | $71,608,604 | -23.2% |
| Assessed Value | $54,960,000 | $71,608,604 | -23.2% |
| Land Value | $2,283,415 | $2,283,415 | +0.0% |
| Improvement Value | $52,676,585 | $69,325,189 | -24.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $61,473,233 | $54,960,000 | -6,513,233 (-10.6%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $54,960,000 | $2,283,415 | $52,676,585 | — | $54,960,000 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $71,608,604 | $2,283,415 | $69,325,189 | — | $71,608,604 | $— | not in county billing file ⓘ | Partial |
| 2024 | $28,175,941 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $9,125,743 | — | — | −$6,842,328 | $2,283,415 | $— | $546,701 | Verified |
| 2022 | $— | — | — | — | $2,283,415 | $— | $212,659 | Verified |
| 2021 | $2,283,415 | — | — | — | $2,283,415 | $— | $56,331 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.2% | -14.2% | ~100% | Not available | Partial |
| 2025 | -7.3% | -7.3% | ~100% | Not available | Partial |
| 2024 | +174.2% ! | +174.2% | ~100% | No billing data | Verified |
| 2023 | +208.8% ! | +208.8% | ~100% | 1.9400% | Verified |
| 2022 | +299.7% ! | +299.7% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3036.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.2% | +159.8% | +151.0% | +299.7% | 2023 | -23.2% | 2026 |
| Assessment Ratio | 100.0% | 81.2% | — | 100.0% | 2021 | 25.0% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $546,701 | $301,516 | — | $546,701 | 2023 | $56,331 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$169,457,306 | ~$78,769,464 | ~0.0000% | ~$0 | +136.6% |
| 2027 | ~$401,010,169 | ~$86,646,411 | ~0.0000% | ~$0 | +460.0% |
| 2028 | ~$948,965,613 | ~$95,311,052 | ~0.0000% | ~$0 | +1225.2% |
| 2029 | ~$2,245,668,075 | ~$104,842,157 | ~0.0000% | ~$0 | +3036.0% |
| 2030 | ~$5,314,233,764 | ~$115,326,373 | ~0.0000% | ~$0 | +7321.2% |
| 2026 | ~$168,025,133 | ~$78,769,464 | ~0.0000% | ~$0 | +134.6% |
| 2027 | ~$394,260,521 | ~$86,646,411 | ~0.0000% | ~$0 | +450.6% |
| 2028 | ~$925,107,779 | ~$95,311,052 | ~0.0000% | ~$0 | +1191.9% |
| 2029 | ~$2,170,707,839 | ~$104,842,157 | ~0.0000% | ~$0 | +2931.4% |
| 2030 | ~$5,093,430,873 | ~$115,326,373 | ~0.0000% | ~$0 | +7012.9% |
| 2026 | ~$170,889,478 | ~$78,769,464 | ~0.0000% | ~$0 | +138.6% |
| 2027 | ~$407,817,105 | ~$86,646,411 | ~0.0000% | ~$0 | +469.5% |
| 2028 | ~$973,230,145 | ~$95,311,052 | ~0.0000% | ~$0 | +1259.1% |
| 2029 | ~$2,322,553,182 | ~$104,842,157 | ~0.0000% | ~$0 | +3143.4% |
| 2030 | ~$5,542,628,650 | ~$115,326,373 | ~0.0000% | ~$0 | +7640.2% |
In 2025, this property's market value of $71,608,604 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 138× 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 | $71,608,604 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $28,175,941 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $9,125,743 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $2,283,415 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |