1630 RUTLAND DR TX 78758
| Owner | ASHFORD COSTA AZURE LLC |
|---|---|
| Parcel ID | 0244120438 |
| Short ID | 250222 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 186,712 SF |
| Land SF | 542,583 SF |
| Acres | 12.456 |
| Year Built | 1971 |
| Legal | LOT 1 QUAIL CREEK WEST PHS 2 SEC 2 |
| Neighborhood | 08NO |
| Land | $4,340,664 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,340,664 |
| Improvement | $37,089,336 |
|---|---|
| Total Improvement | $37,089,336 |
| Market | $41,430,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $41,430,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $41,430,000 |
| Taxable Value | $41,430,000 |
|---|
Appreciation: Market value has risen +80.9% from $22,900,000 (2021) to $41,430,000 (2025), a CAGR of 16.0% 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 $847,859. 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 10% of market value ($4,340,664 land vs $37,089,336 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $41,430,000, 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 +16.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $86,928,913 by 2030, with an estimated annual tax burden around $1,256,898. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 156,799 SF | ✗ |
| 551 | PAVED AREA | 143,293 SF | ✗ |
| 2ND | 2nd Floor | 94,236 SF | ✓ |
| 1ST | 1st Floor | 92,476 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 14,501 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 13,656 SF | ✗ |
| 611 | TERRACE | 6,910 SF | ✗ |
| 412 | TENNIS COURT | 6,720 SF | ✗ |
| 450 | SPORT COURT | 3,600 SF | ✗ |
| 571C | STORAGE DET COMM | 3,304 SF | ✓ |
| 601 | POOL COMM'L | 2,364 SF | ✗ |
| 541 | FENCE COMM LF | 900 SF | ✗ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 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% | $383,310.36 | $383,310.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $217,100.24 | $217,100.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $155,712.58 | $155,712.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,896.93 | $48,896.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $42,838.62 | $42,838.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $847,858.73 | $847,858.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,430,000 | $41,430,000 | +0.0% |
| Assessed Value | $41,430,000 | $41,430,000 | +0.0% |
| Land Value | $4,340,664 | $4,340,664 | +0.0% |
| Improvement Value | $37,089,336 | $37,089,336 | +0.0% |
| Taxable Value | $41,430,000 | $41,430,000 | +0.0% |
| Total Tax 2026 = estimate |
~$847,859
Estimated
|
~$847,859
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $46,200,718 | $41,430,000 | -4,770,718 (-10.3%) |
| Taxable Value | $46,200,718 | $41,430,000 | -4,770,718 (-10.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $41,430,000 | $4,340,664 | $37,089,336 | — | $41,430,000 | $41,430,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $41,430,000 | $4,340,664 | $37,089,336 | — | $41,430,000 | $41,430,000 | ~$847,859 | Partial |
| 2024 | $34,780,000 | — | — | −$30,439,336 | $4,340,664 | $— | $646,468 | Verified |
| 2023 | $30,500,000 | — | — | −$26,159,336 | $4,340,664 | $— | $629,256 | Verified |
| 2022 | $28,686,509 | — | — | −$24,345,845 | $4,340,664 | $— | $602,352 | Verified |
| 2021 | $22,900,000 | — | — | −$18,559,336 | $4,340,664 | $— | $621,585 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.5% | +11.5% | ~100% | Not available | Partial |
| 2025 | +27.0% | +27.0% | ~100% | Not available | Partial |
| 2024 | -14.5% | -14.5% | ~100% | 1.9800% | Verified |
| 2023 | +25.1% | +25.1% | ~100% | 1.6500% | Verified |
| 2022 | +6.3% | +6.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.9% | +16.0% | +25.3% | 2022 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 43.5% | — | 100.0% | 2025 | 12.5% | 2024 |
| 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 |
$847,859 | $669,504 | ~$1,081,003 | $847,859 | 2025 | $602,352 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,049,049 | ~$45,573,000 | ~2.0139% | ~$917,811 | +16.0% |
| 2027 | ~$55,725,588 | ~$50,130,300 | ~1.9814% | ~$993,276 | +34.5% |
| 2028 | ~$64,628,566 | ~$55,143,330 | ~1.9488% | ~$1,074,655 | +56.0% |
| 2029 | ~$74,953,926 | ~$60,657,663 | ~1.9163% | ~$1,162,377 | +80.9% |
| 2030 | ~$86,928,913 | ~$66,723,429 | ~1.8837% | ~$1,256,898 | +109.8% |
| 2026 | ~$47,220,449 | ~$45,573,000 | ~2.0465% | ~$932,645 | +14.0% |
| 2027 | ~$53,820,198 | ~$50,130,300 | ~2.0465% | ~$1,025,909 | +29.9% |
| 2028 | ~$61,342,358 | ~$55,143,330 | ~2.0465% | ~$1,128,500 | +48.1% |
| 2029 | ~$69,915,851 | ~$60,657,663 | ~2.0465% | ~$1,241,350 | +68.8% |
| 2030 | ~$79,687,615 | ~$66,723,429 | ~2.0465% | ~$1,365,485 | +92.3% |
| 2026 | ~$48,877,649 | ~$45,573,000 | ~1.9977% | ~$910,395 | +18.0% |
| 2027 | ~$57,664,122 | ~$50,130,300 | ~1.9488% | ~$976,959 | +39.2% |
| 2028 | ~$68,030,092 | ~$55,143,330 | ~1.9000% | ~$1,047,733 | +64.2% |
| 2029 | ~$80,259,497 | ~$60,657,663 | ~1.8512% | ~$1,122,891 | +93.7% |
| 2030 | ~$94,687,316 | ~$66,723,429 | ~1.8024% | ~$1,202,604 | +128.5% |
In 2025, this property's market value of $41,430,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 80× 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 | $41,430,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $34,780,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $30,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $28,686,509 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $22,900,000 | $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.