9024 NORTHGATE BLVD TX 78758
| Owner | 9024 NORTHGATE BOULEVARD OWNER LLC |
|---|---|
| Parcel ID | 0243100803 |
| Short ID | 248790 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 278,936 SF |
| Land SF | 576,473 SF |
| Acres | 13.234 |
| Year Built | 1984 |
| Legal | 7.6711 AC OF LOT 3 RESUB OF LOT 19 NORTHGATE TERRACE SEC 1 & 5.5629 AC OF LOT 20 NORTHGATE TERRACE SEC 2 |
| Neighborhood | 08NO |
| Land | $17,294,194 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,294,194 |
| Improvement | $30,705,806 |
|---|---|
| Total Improvement | $30,705,806 |
| Market | $48,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $48,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $48,000,000 |
| Taxable Value | $48,000,000 |
|---|
Appreciation: Market value has risen +5.9% from $45,320,000 (2021) to $48,000,000 (2025), a CAGR of 1.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 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 $982,313. 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 36% of market value ($17,294,194 land vs $30,705,806 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $48,000,000, 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 +1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $51,573,952 by 2030, with an estimated annual tax burden around $971,520. 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.
29 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 307,462 SF | ✗ |
| 551 | PAVED AREA | 182,306 SF | ✗ |
| 1ST | 1st Floor | 106,180 SF | ✓ |
| 2ND | 2nd Floor | 97,556 SF | ✓ |
| 3RD | 3rd Floor | 75,200 SF | ✓ |
| 591 | MASONRY TRIM SF | 42,610 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 15,714 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 15,240 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 14,034 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 9,576 SF | ✗ |
| 581C | STORAGE ATT COMM | 9,413 SF | ✓ |
| 505 | BALCONY | 6,824 SF | ✓ |
| 611 | TERRACE | 5,396 SF | ✗ |
| 601 | POOL COMM'L | 2,635 SF | ✗ |
| 571C | STORAGE DET COMM | 750 SF | ✓ |
| 501 | CANOPY | 68 SF | ✗ |
| 482 | LIGHT POLES | 38 SF | ✓ |
| MISC | Miscellaneous | 18 SF | ✓ |
| 521 | FIREPLACE | 3 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 142 | BATHTUB AVG | 2 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 242 | OBS OVEN/BURN | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 539 | FENCE FV | 2 SF | ✗ |
| 182 | SINK AVG | 1 SF | ✓ |
| 305 | BALCONY FV | 1 SF | ✓ |
| 549 | FENCE COMM FV | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 248790 | 1 NORTHGATE LLC ETAL | 9024 NORTHGATE BLVD 78758 | $17,294,194 | $17,294,194 | $17,294,194 |
| 1010044 | 9024 NORTHGATE BOULEVARD OWNER LLC | — | $29,320,000 | $29,320,000 | $29,320,000 |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +22,280 |
| Travis County | 0.3444% | 0.3758% | +15,072 |
| Austin ISD | 0.9505% | 0.9252% | -12,144 |
| Travis Central Health | 0.1080% | 0.1180% | +4,826 |
| Austin Community College | 0.1013% | 0.1034% | +1,008 |
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% | $444,096.00 | $118,020.03 | $326,075.97 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $251,528.16 | $66,844.47 | $184,683.69 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $180,405.60 | $47,943.41 | $132,462.19 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56,651.04 | $15,055.21 | $41,595.83 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49,632.00 | $13,189.87 | $36,442.13 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $982,312.80 | $261,052.99 | $721,259.81 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,614,194 | $48,000,000 | -2.9% |
| Assessed Value | $46,614,194 | $48,000,000 | -2.9% |
| Land Value | $17,294,194 | $17,294,194 | +0.0% |
| Improvement Value | — | $30,705,806 | — |
| Taxable Value | $46,614,194 | $48,000,000 | -2.9% |
| Total Tax 2026 = estimate |
~$953,952
Estimated
|
$982,313 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $56,267,505 | $46,614,194 | -9,653,311 (-17.2%) |
| Taxable Value | $56,267,505 | $46,614,194 | -9,653,311 (-17.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $46,614,194 | $17,294,194 | — | — | $46,614,194 | $46,614,194 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $48,000,000 | $17,294,194 | $30,705,806 | — | $48,000,000 | $48,000,000 | $982,313 | Verified |
| 2024 | $58,300,000 | — | — | −$41,005,806 | $17,294,194 | $— | $961,401 | Verified |
| 2023 | $64,700,000 | — | — | −$56,052,903 | $8,647,097 | $— | $1,067,313 | Verified |
| 2022 | $49,200,000 | — | — | −$40,552,903 | $8,647,097 | $— | $1,279,048 | Verified |
| 2021 | $45,320,000 | — | — | −$36,672,903 | $8,647,097 | $— | $1,072,435 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -64.0% | -64.0% | ~100% | Not available | Partial |
| 2025 | -17.2% | -17.2% | ~100% | 2.0500% | Verified |
| 2024 | -18.3% | -18.3% | ~100% | 1.6600% | Verified |
| 2023 | +7.6% | +7.6% | ~100% | 1.5000% | Verified |
| 2022 | +30.3% | +30.3% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.9% | +1.9% | +2.0% | +31.5% | 2023 | -17.7% | 2025 |
| Assessment Ratio | 100.0% | 46.6% | — | 100.0% | 2025 | 13.4% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $982,313 | $1,072,502 | ~$976,364 | $1,279,048 | 2022 | $961,401 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,694,406 | ~$48,694,406 | ~2.0139% | ~$980,674 | +1.4% |
| 2027 | ~$49,398,858 | ~$49,398,858 | ~1.9814% | ~$978,783 | +2.9% |
| 2028 | ~$50,113,500 | ~$50,113,500 | ~1.9488% | ~$976,632 | +4.4% |
| 2029 | ~$50,838,482 | ~$50,838,482 | ~1.9163% | ~$974,213 | +5.9% |
| 2030 | ~$51,573,952 | ~$51,573,952 | ~1.8837% | ~$971,520 | +7.4% |
| 2026 | ~$47,734,406 | ~$47,734,406 | ~2.0465% | ~$976,877 | -0.6% |
| 2027 | ~$47,470,281 | ~$47,470,281 | ~2.0465% | ~$971,472 | -1.1% |
| 2028 | ~$47,207,618 | ~$47,207,618 | ~2.0465% | ~$966,097 | -1.7% |
| 2029 | ~$46,946,409 | ~$46,946,409 | ~2.0465% | ~$960,751 | -2.2% |
| 2030 | ~$46,686,644 | ~$46,686,644 | ~2.0465% | ~$955,435 | -2.7% |
| 2026 | ~$49,654,406 | ~$49,654,406 | ~1.9977% | ~$991,927 | +3.4% |
| 2027 | ~$51,365,834 | ~$51,365,834 | ~1.9488% | ~$1,001,038 | +7.0% |
| 2028 | ~$53,136,249 | ~$53,136,249 | ~1.9000% | ~$1,009,598 | +10.7% |
| 2029 | ~$54,967,685 | ~$54,967,685 | ~1.8512% | ~$1,017,558 | +14.5% |
| 2030 | ~$56,862,245 | ~$56,862,245 | ~1.8024% | ~$1,024,869 | +18.5% |
In 2025, this property's market value of $48,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 92× 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 | $48,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $58,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $64,700,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $49,200,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $45,320,000 | $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.