10300 METROPOLITAN DR TX 78758
| Owner | CLI CB OWNER LLC |
|---|---|
| Parcel ID | 0248100503 |
| Short ID | 255069 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 197,196 SF |
| Acres | 4.527 |
| Year Built | — |
| Legal | 4.5270AC OF LOT 4 RUTLAND DRIVE BUSINESS PARK SEC 3 |
| Neighborhood | 64NOR |
| Land | $10,254,198 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,254,198 |
| Improvement | $78,745,802 |
|---|---|
| Total Improvement | $78,745,802 |
| Market | $89,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $89,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $89,000,000 |
| Taxable Value | $89,000,000 |
|---|
Appreciation: Market value has risen +1219.9% from $6,742,807 (2021) to $89,000,000 (2025), a CAGR of 90.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $1,821,372. 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 ($10,254,198 land vs $78,745,802 improvements), about $52/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $89,000,000, 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 +90.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,239,116,054 by 2030, with an estimated annual tax burden around $2,700,070. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 286,276 SF | ✓ |
Market value changed by 532% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $740,160.00 | $740,160.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $419,213.60 | $419,213.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $300,676.00 | $300,676.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $94,418.40 | $94,418.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $82,720.00 | $82,720.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,637,188.00 | $1,637,188.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $74,700,000 | $89,000,000 | -16.1% |
| Assessed Value | $74,700,000 | $89,000,000 | -16.1% |
| Land Value | $10,254,198 | $10,254,198 | +0.0% |
| Improvement Value | $64,445,802 | $78,745,802 | -18.2% |
| Taxable Value | $74,700,000 | $89,000,000 | -16.1% |
| Total Tax 2026 = estimate |
~$1,528,724
Estimated
|
~$1,637,188
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $84,962,043 | $74,700,000 | -10,262,043 (-12.1%) |
| Taxable Value | $84,962,043 | $74,700,000 | -10,262,043 (-12.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $74,700,000 | $10,254,198 | $64,445,802 | — | $74,700,000 | $74,700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $89,000,000 | $10,254,198 | $78,745,802 | — | $89,000,000 | $89,000,000 | ~$1,637,188 | Partial |
| 2024 | $36,513,723 | — | — | −$26,259,525 | $10,254,198 | $— | $934,918 | Verified |
| 2023 | $5,781,922 | — | — | — | $10,254,198 ! | $— | $660,623 | Verified |
| 2022 | $8,660,000 | — | — | −$3,138,509 | $5,521,491 | $— | $114,188 | Verified |
| 2021 | $6,742,807 | — | — | −$4,613,089 | $2,129,718 | $— | $188,500 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | +88.7% ! | +88.7% | ~100% | Not available | Partial |
| 2024 | +29.2% | +29.2% | ~100% | 1.9800% | Verified |
| 2023 | +531.5% ! | +531.5% | ~100% | 1.8100% | Verified |
| 2022 | -33.2% | -33.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +927.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.1% | +130.9% | +97.9% | +531.5% | 2024 | -33.2% | 2023 |
| Assessment Ratio | 100.0% | 83.5% | — | 177.3% | 2023 | 28.1% | 2024 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,637,188 | $707,084 | ~$2,322,214 | $1,637,188 | 2025 | $114,188 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$169,639,634 | ~$97,900,000 | ~2.0139% | ~$1,971,644 | +90.6% |
| 2027 | ~$323,343,880 | ~$107,690,000 | ~1.9814% | ~$2,133,757 | +263.3% |
| 2028 | ~$616,313,903 | ~$118,459,000 | ~1.9488% | ~$2,308,576 | +592.5% |
| 2029 | ~$1,174,733,312 | ~$130,304,900 | ~1.9163% | ~$2,497,021 | +1219.9% |
| 2030 | ~$2,239,116,054 | ~$143,335,390 | ~1.8837% | ~$2,700,070 | +2415.9% |
| 2026 | ~$167,859,634 | ~$97,900,000 | ~2.0465% | ~$2,003,509 | +88.6% |
| 2027 | ~$316,593,895 | ~$107,690,000 | ~2.0465% | ~$2,203,860 | +255.7% |
| 2028 | ~$597,116,126 | ~$118,459,000 | ~2.0465% | ~$2,424,246 | +570.9% |
| 2029 | ~$1,126,198,811 | ~$130,304,900 | ~2.0465% | ~$2,666,670 | +1165.4% |
| 2030 | ~$2,124,082,246 | ~$143,335,390 | ~2.0465% | ~$2,933,337 | +2286.6% |
| 2026 | ~$171,419,634 | ~$97,900,000 | ~1.9977% | ~$1,955,711 | +92.6% |
| 2027 | ~$330,165,065 | ~$107,690,000 | ~1.9488% | ~$2,098,705 | +271.0% |
| 2028 | ~$635,918,815 | ~$118,459,000 | ~1.9000% | ~$2,250,741 | +614.5% |
| 2029 | ~$1,224,819,892 | ~$130,304,900 | ~1.8512% | ~$2,412,196 | +1276.2% |
| 2030 | ~$2,359,080,644 | ~$143,335,390 | ~1.8024% | ~$2,583,436 | +2550.7% |
In 2025, this property's market value of $89,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 171× 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 | $89,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $36,513,723 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,781,922 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $8,660,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $6,742,807 | $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.