1830 W RUNDBERG LN TX 78758
| Owner | 1830 W RUNDBERG DB LLC |
|---|---|
| Parcel ID | 0244110401 |
| Short ID | 250110 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 69,800 SF |
| Land SF | 129,957 SF |
| Acres | 2.983 |
| Year Built | 1972 |
| Legal | LOT 8-9 NORTHGATE TERRACE SEC 1 |
| Neighborhood | 08NO |
| Land | $1,039,655 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,039,655 |
| Improvement | $7,960,345 |
|---|---|
| Total Improvement | $7,960,345 |
| Market | $9,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,000,000 |
| Taxable Value | $9,000,000 |
|---|
Appreciation: Market value has risen +3.4% from $8,700,000 (2021) to $9,000,000 (2025), a CAGR of 0.9% 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 $184,184. 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 12% of market value ($1,039,655 land vs $7,960,345 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,000,000, 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 +0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,389,589 by 2030, with an estimated annual tax burden around $176,876. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 108,138 SF | ✗ |
| 551 | PAVED AREA | 43,200 SF | ✗ |
| 2ND | 2nd Floor | 35,305 SF | ✓ |
| 1ST | 1st Floor | 34,495 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 4,104 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 761 SF | ✗ |
| 601 | POOL COMM'L | 640 SF | ✗ |
| 581C | STORAGE ATT COMM | 563 SF | ✓ |
| MISC | Miscellaneous | 12 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 2 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% | $83,268.00 | $83,268.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,161.53 | $47,161.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,826.05 | $33,826.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,622.07 | $10,622.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,306.00 | $9,306.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $184,183.65 | $184,183.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,400,000 | $9,000,000 | -17.8% |
| Assessed Value | $7,400,000 | $9,000,000 | -17.8% |
| Land Value | $1,039,655 | $1,039,655 | +0.0% |
| Improvement Value | $6,360,345 | $7,960,345 | -20.1% |
| Taxable Value | $7,400,000 | $9,000,000 | -17.8% |
| Total Tax 2026 = estimate |
~$151,440
Estimated
|
~$184,184
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,400,000 | $7,400,000 | +0 (+0.0%) |
| Taxable Value | $7,400,000 | $7,400,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,400,000 | $1,039,655 | $6,360,345 | — | $7,400,000 | $7,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,000,000 | $1,039,655 | $7,960,345 | — | $9,000,000 | $9,000,000 | ~$184,184 | Partial |
| 2024 | $14,000,000 | — | — | −$12,960,345 | $1,039,655 | $— | $234,008 | Verified |
| 2023 | $15,007,158 | — | — | −$13,967,503 | $1,039,655 | $— | $256,647 | Verified |
| 2022 | $8,700,000 | — | — | −$7,660,345 | $1,039,655 | $— | $277,296 | Verified |
| 2021 | $8,700,000 | — | — | −$7,660,345 | $1,039,655 | $— | $190,000 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.8% | -17.8% | ~100% | Not available | Partial |
| 2025 | -30.1% | -30.1% | ~100% | Not available | Partial |
| 2024 | -30.5% | -30.5% | ~100% | 1.8200% | Verified |
| 2023 | +23.5% | +23.5% | ~100% | 1.3800% | Verified |
| 2022 | +61.4% | +61.4% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.8% | +2.5% | +5.2% | +72.5% | 2023 | -35.7% | 2025 |
| Assessment Ratio | 100.0% | 39.7% | — | 100.0% | 2025 | 6.9% | 2023 |
| 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 |
$184,184 | $228,427 | ~$179,874 | $277,296 | 2022 | $184,184 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,076,603 | ~$9,076,603 | ~2.0139% | ~$182,797 | +0.9% |
| 2027 | ~$9,153,857 | ~$9,153,857 | ~1.9814% | ~$181,373 | +1.7% |
| 2028 | ~$9,231,769 | ~$9,231,769 | ~1.9488% | ~$179,912 | +2.6% |
| 2029 | ~$9,310,345 | ~$9,310,345 | ~1.9163% | ~$178,413 | +3.4% |
| 2030 | ~$9,389,589 | ~$9,389,589 | ~1.8837% | ~$176,876 | +4.3% |
| 2026 | ~$8,896,603 | ~$8,896,603 | ~2.0465% | ~$182,068 | -1.1% |
| 2027 | ~$8,794,393 | ~$8,794,393 | ~2.0465% | ~$179,976 | -2.3% |
| 2028 | ~$8,693,358 | ~$8,693,358 | ~2.0465% | ~$177,908 | -3.4% |
| 2029 | ~$8,593,484 | ~$8,593,484 | ~2.0465% | ~$175,864 | -4.5% |
| 2030 | ~$8,494,756 | ~$8,494,756 | ~2.0465% | ~$173,844 | -5.6% |
| 2026 | ~$9,256,603 | ~$9,256,603 | ~1.9977% | ~$184,916 | +2.9% |
| 2027 | ~$9,520,521 | ~$9,520,521 | ~1.9488% | ~$185,540 | +5.8% |
| 2028 | ~$9,791,965 | ~$9,791,965 | ~1.9000% | ~$186,049 | +8.8% |
| 2029 | ~$10,071,148 | ~$10,071,148 | ~1.8512% | ~$186,436 | +11.9% |
| 2030 | ~$10,358,290 | ~$10,358,290 | ~1.8024% | ~$186,695 | +15.1% |
In 2025, this property's market value of $9,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 17× 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 | $9,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $14,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $15,007,158 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $8,700,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $8,700,000 | $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.