1201 RUTLAND DR TX 78758
| Owner | RAPID VIEW LLC |
|---|---|
| Parcel ID | 0243131504 |
| Short ID | 249023 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 5,032 SF |
| Land SF | 10,324 SF |
| Acres | 0.237 |
| Year Built | 1976 |
| Legal | LOT 7 *LESS E5 FT & N 12 FT BLK B QUAIL CREEK PHS 2 SEC 5 |
| Neighborhood | W1005 |
| Land | $213,796 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $213,796 |
| Improvement | $460,246 |
|---|---|
| Total Improvement | $460,246 |
| Market | $674,042 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $674,042 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $674,042 |
| Taxable Value | $674,042 |
|---|
Appreciation: Market value has risen +44.5% from $466,496 (2021) to $674,042 (2025), a CAGR of 9.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $13,794. 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 32% of market value ($213,796 land vs $460,246 improvements), about $21/SF of land. Most value sits in the improvements, so building condition, age (~50 yrs), and rent roll drive the underwriting.
Submarket Position: At $674,042, this parcel sits in the upper-middle (50th–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 +9.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,067,790 by 2030, with an estimated annual tax burden around $20,114. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,032 SF | ✗ |
| 2ND | 2nd Floor | 2,620 SF | ✓ |
| 1ST | 1st Floor | 2,412 SF | ✓ |
| SO | Sketch Only | 596 SF | ✗ |
| 612 | TERRACE UNCOVERD | 484 SF | ✗ |
| 512 | DECK UNCOVRED | 112 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 4 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% | $6,236.24 | $6,236.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,532.09 | $3,532.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,533.35 | $2,533.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $795.52 | $795.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $696.96 | $696.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,794.16 | $13,794.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $707,997 | $674,042 | +5.0% |
| Assessed Value | $707,997 | $674,042 | +5.0% |
| Land Value | $106,898 | $213,796 | -50.0% |
| Improvement Value | $601,099 | $460,246 | +30.6% |
| Taxable Value | $707,997 | $674,042 | +5.0% |
| Total Tax 2026 = estimate |
~$14,489
Estimated
|
~$13,794
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $707,997 | $707,997 | +0 (+0.0%) |
| Taxable Value | $707,997 | $707,997 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $707,997 | $106,898 | $601,099 | — | $707,997 | $707,997 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $674,042 | $213,796 | $460,246 | — | $674,042 | $674,042 | ~$13,794 | Partial |
| 2024 | $663,629 | — | — | −$463,629 | $200,000 | $— | $14,246 | Verified |
| 2023 | $738,430 | — | — | −$477,180 | $261,250 | $— | $12,007 | Verified |
| 2022 | $528,900 | — | — | −$267,650 | $261,250 | $— | $14,583 | Verified |
| 2021 | $466,496 | — | — | −$347,746 | $118,750 | $— | $11,512 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.0% | +5.0% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | +8.3% | +8.3% | ~100% | 1.9800% | Verified |
| 2023 | -10.1% | -10.1% | ~100% | 1.8100% | Verified |
| 2022 | +29.1% | +29.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.0% | +9.9% | +8.6% | +39.6% | 2023 | -10.1% | 2024 |
| Assessment Ratio | 100.0% | 56.7% | — | 100.0% | 2025 | 25.5% | 2021 |
| 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 |
$13,794 | $13,228 | ~$17,405 | $14,583 | 2022 | $11,512 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$739,004 | ~$739,004 | ~2.0139% | ~$14,883 | +9.6% |
| 2027 | ~$810,227 | ~$810,227 | ~1.9814% | ~$16,054 | +20.2% |
| 2028 | ~$888,313 | ~$888,313 | ~1.9488% | ~$17,312 | +31.8% |
| 2029 | ~$973,926 | ~$973,926 | ~1.9163% | ~$18,663 | +44.5% |
| 2030 | ~$1,067,790 | ~$1,067,790 | ~1.8837% | ~$20,114 | +58.4% |
| 2026 | ~$725,523 | ~$725,523 | ~2.0465% | ~$14,848 | +7.6% |
| 2027 | ~$780,936 | ~$780,936 | ~2.0465% | ~$15,982 | +15.9% |
| 2028 | ~$840,581 | ~$840,581 | ~2.0465% | ~$17,202 | +24.7% |
| 2029 | ~$904,782 | ~$904,782 | ~2.0465% | ~$18,516 | +34.2% |
| 2030 | ~$973,886 | ~$973,886 | ~2.0465% | ~$19,930 | +44.5% |
| 2026 | ~$752,485 | ~$741,446 | ~1.9977% | ~$14,812 | +11.6% |
| 2027 | ~$840,056 | ~$815,591 | ~1.9488% | ~$15,895 | +24.6% |
| 2028 | ~$937,819 | ~$897,150 | ~1.9000% | ~$17,046 | +39.1% |
| 2029 | ~$1,046,959 | ~$986,865 | ~1.8512% | ~$18,269 | +55.3% |
| 2030 | ~$1,168,801 | ~$1,085,551 | ~1.8024% | ~$19,566 | +73.4% |
In 2025, this property's market value of $674,042 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +30% above 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 | $674,042 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $663,629 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $738,430 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $528,900 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $466,496 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.