1809 W RUNDBERG LN TX
| Owner | 1809 W RUNDBERG LLC |
|---|---|
| Parcel ID | 0244121501 |
| Short ID | 250393 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 29,220 SF |
| Land SF | 68,093 SF |
| Acres | 1.563 |
| Year Built | 1984 |
| Legal | LOT 6 LESS S.334AC NORTHGATE TERRACE SEC 1 |
| Neighborhood | 08NO |
| Land | $544,744 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $544,744 |
| Improvement | $8,080,885 |
|---|---|
| Total Improvement | $8,080,885 |
| Market | $8,625,629 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,625,629 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,625,629 |
| Taxable Value | $8,625,629 |
|---|
Appreciation: Market value has risen +65.9% from $5,200,000 (2021) to $8,625,629 (2025), a CAGR of 13.5% 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 $176,522. 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 6% of market value ($544,744 land vs $8,080,885 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,625,629, 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 +13.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,237,721 by 2030, with an estimated annual tax burden around $261,683. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 36,000 SF | ✗ |
| 1ST | 1st Floor | 14,730 SF | ✓ |
| 2ND | 2nd Floor | 14,490 SF | ✓ |
| SO | Sketch Only | 4,380 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,300 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,160 SF | ✗ |
| 601 | POOL COMM'L | 576 SF | ✗ |
| 611 | TERRACE | 464 SF | ✗ |
| 541 | FENCE COMM LF | 250 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $79,804.32 | $79,804.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $45,199.76 | $45,199.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,419.00 | $32,419.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,180.23 | $10,180.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,918.90 | $8,918.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $176,522.21 | $176,522.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,880,000 | $8,625,629 | -8.6% |
| Assessed Value | $7,880,000 | $8,625,629 | -8.6% |
| Land Value | $544,744 | $544,744 | +0.0% |
| Improvement Value | $7,335,256 | $8,080,885 | -9.2% |
| Taxable Value | $7,880,000 | $8,625,629 | -8.6% |
| Total Tax 2026 = estimate |
~$161,263
Estimated
|
~$176,522
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,880,000 | $7,880,000 | +0 (+0.0%) |
| Taxable Value | $7,880,000 | $7,880,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,880,000 | $544,744 | $7,335,256 | — | $7,880,000 | $7,880,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,625,629 | $544,744 | $8,080,885 | — | $8,625,629 | $8,625,629 | ~$176,522 | Partial |
| 2024 | $9,050,000 | — | — | −$8,505,256 | $544,744 | $— | $179,354 | Verified |
| 2023 | $7,650,000 | — | — | −$7,105,256 | $544,744 | $— | $163,737 | Verified |
| 2022 | $6,800,000 | — | — | −$6,255,256 | $544,744 | $— | $151,082 | Verified |
| 2021 | $5,200,000 | — | — | −$4,655,256 | $544,744 | $— | $148,758 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.6% | -8.6% | ~100% | Not available | Partial |
| 2025 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2024 | -3.5% | -3.5% | ~100% | 1.9800% | Verified |
| 2023 | +22.6% | +22.6% | ~100% | 1.7500% | Verified |
| 2022 | +1.9% | +1.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.6% | +9.7% | +15.6% | +30.8% | 2022 | -8.6% | 2026 |
| Assessment Ratio | 100.0% | 38.6% | — | 100.0% | 2025 | 6.0% | 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 |
$176,522 | $163,891 | ~$225,062 | $179,354 | 2024 | $148,758 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,788,984 | ~$9,488,192 | ~2.0139% | ~$191,086 | +13.5% |
| 2027 | ~$11,109,244 | ~$10,437,011 | ~1.9814% | ~$206,798 | +28.8% |
| 2028 | ~$12,607,569 | ~$11,480,712 | ~1.9488% | ~$223,741 | +46.2% |
| 2029 | ~$14,307,976 | ~$12,628,783 | ~1.9163% | ~$242,004 | +65.9% |
| 2030 | ~$16,237,721 | ~$13,891,662 | ~1.8837% | ~$261,683 | +88.2% |
| 2026 | ~$9,616,472 | ~$9,488,192 | ~2.0465% | ~$194,174 | +11.5% |
| 2027 | ~$10,721,134 | ~$10,437,011 | ~2.0465% | ~$213,592 | +24.3% |
| 2028 | ~$11,952,692 | ~$11,480,712 | ~2.0465% | ~$234,951 | +38.6% |
| 2029 | ~$13,325,721 | ~$12,628,783 | ~2.0465% | ~$258,446 | +54.5% |
| 2030 | ~$14,856,472 | ~$13,891,662 | ~2.0465% | ~$284,291 | +72.2% |
| 2026 | ~$9,961,497 | ~$9,488,192 | ~1.9977% | ~$189,542 | +15.5% |
| 2027 | ~$11,504,253 | ~$10,437,011 | ~1.9488% | ~$203,401 | +33.4% |
| 2028 | ~$13,285,939 | ~$11,480,712 | ~1.9000% | ~$218,135 | +54.0% |
| 2029 | ~$15,343,558 | ~$12,628,783 | ~1.8512% | ~$233,783 | +77.9% |
| 2030 | ~$17,719,845 | ~$13,891,662 | ~1.8024% | ~$250,379 | +105.4% |
In 2025, this property's market value of $8,625,629 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 | $8,625,629 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $9,050,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $7,650,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $6,800,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,200,000 | $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.