DESSAU RD 78753
| Owner | MMI TAU PROPCO LLC |
|---|---|
| Parcel ID | 0250300202 |
| Short ID | 961824 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 379,500 SF |
| Land SF | 783,566 SF |
| Acres | 17.988 |
| Year Built | 2024 |
| Legal | AFFINITY AT TECH RIDGE SUBD BLK A LOT 1 |
| Neighborhood | NE1 |
| Land | $4,701,396 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,701,396 |
| Improvement | $85,298,604 |
|---|---|
| Total Improvement | $85,298,604 |
| Market | $90,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $90,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $90,000,000 |
| Taxable Value | $90,000,000 |
|---|
Appreciation: Market value has risen +564.8% from $13,538,778 (2024) to $90,000,000 (2025), a CAGR of 564.8% over 1 year. 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 fell -7.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $2,005,366. Pflugerville ISD is the largest single contributor, at 49.7% 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 5% of market value ($4,701,396 land vs $85,298,604 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $90,000,000, 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 +564.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,168,308,998,000 by 2030, with an estimated annual tax burden around $22,019,032,062. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 379,500 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +41,775 |
| Travis County | 0.3444% | 0.3758% | +28,260 |
| Travis Central Health | 0.1080% | 0.1180% | +9,049 |
| Austin Community College | 0.1013% | 0.1034% | +1,890 |
| Pflugerville ISD | 1.1069% | 1.1069% | +0 |
Market value changed by 188% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $996,210.00 | $259,594.30 | $736,615.70 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $471,615.30 | $122,894.41 | $348,720.89 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $338,260.50 | $88,144.56 | $250,115.94 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $106,220.70 | $27,679.19 | $78,541.51 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $93,060.00 | $24,249.75 | $68,810.25 |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $2,005,366.50 | $522,562.21 | $1,482,804.29 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $96,248,949 | $90,000,000 | +6.9% |
| Assessed Value | $96,248,949 | $90,000,000 | +6.9% |
| Land Value | $4,701,396 | $4,701,396 | +0.0% |
| Improvement Value | $91,547,553 | $85,298,604 | +7.3% |
| Taxable Value | $96,248,949 | $90,000,000 | +6.9% |
| Total Tax 2026 = estimate |
~$2,144,605
Estimated
|
$2,005,366 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $96,248,949 | $96,248,949 | +0 (+0.0%) |
| Taxable Value | $96,248,949 | $96,248,949 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $96,248,949 | $4,701,396 | $91,547,553 | — | $96,248,949 | $96,248,949 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $90,000,000 | $4,701,396 | $85,298,604 | — | $90,000,000 | $90,000,000 | $2,005,366 | Verified |
| 2024 | $13,538,778 | — | — | −$8,837,382 | $4,701,396 | $— | $522,562 | Verified |
| 2023 | $— | — | — | — | $4,701,396 | $— | $278,756 | Verified |
| 2022 | $— | — | — | — | $4,701,396 | $— | $105,449 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | +268.3% ! | +268.3% | ~100% | 2.2300% | Verified |
| 2024 | +80.5% ! | +80.5% | ~100% | 2.1400% | Verified |
| 2023 | +188.0% ! | +188.0% | ~100% | 2.0600% | Verified |
| 2022 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1814.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +285.8% | +556.1% | +564.8% | 2025 | +6.9% | 2026 |
| Assessment Ratio | 100.0% | 78.2% | — | 100.0% | 2025 | 34.7% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
| Tax Amount | $2,005,366 | $1,263,964 | ~$5,216,557,654 | $2,005,366 | 2025 | $522,562 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$598,281,470 | ~$598,281,470 | ~2.1595% | ~$12,919,808 | +564.8% |
| 2027 | ~$3,977,119,078 | ~$3,977,119,078 | ~2.0908% | ~$83,153,128 | +4319.0% |
| 2028 | ~$26,438,184,968 | ~$26,438,184,968 | ~2.0221% | ~$534,603,762 | +29275.8% |
| 2029 | ~$175,749,735,104 | ~$175,749,735,104 | ~1.9534% | ~$3,433,079,508 | +195177.5% |
| 2030 | ~$1,168,308,998,000 | ~$1,168,308,998,000 | ~1.8847% | ~$22,019,032,062 | +1298021.1% |
| 2026 | ~$596,481,470 | ~$596,481,470 | ~2.2282% | ~$13,290,711 | +562.8% |
| 2027 | ~$3,953,223,819 | ~$3,953,223,819 | ~2.2282% | ~$88,085,140 | +4292.5% |
| 2028 | ~$26,200,275,041 | ~$26,200,275,041 | ~2.2282% | ~$583,790,598 | +29011.4% |
| 2029 | ~$173,644,206,261 | ~$173,644,206,261 | ~2.2282% | ~$3,869,114,157 | +192838.0% |
| 2030 | ~$1,150,839,459,538 | ~$1,150,839,459,538 | ~2.2282% | ~$25,642,832,212 | +1278610.5% |
| 2026 | ~$600,081,470 | ~$600,081,470 | ~2.1251% | ~$12,752,555 | +566.8% |
| 2027 | ~$4,001,086,337 | ~$4,001,086,337 | ~2.0221% | ~$80,905,547 | +4345.7% |
| 2028 | ~$26,677,530,771 | ~$26,677,530,771 | ~1.9190% | ~$511,952,953 | +29541.7% |
| 2029 | ~$177,874,354,146 | ~$177,874,354,146 | ~1.8160% | ~$3,230,187,599 | +197538.2% |
| 2030 | ~$1,185,990,042,899 | ~$1,185,990,042,899 | ~1.7129% | ~$20,315,371,965 | +1317666.7% |
In 2025, this property's market value of $90,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 173× 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 | $90,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $13,538,778 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
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.