5724 E HOWARD LN TX 78753
| Owner | TCHFC HOWARD LANE LAND LLC |
|---|---|
| Parcel ID | 0250430207 |
| Short ID | 814420 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 381,495 SF |
| Land SF | 589,802 SF |
| Acres | 13.540 |
| Year Built | 2024 |
| Legal | LOT A LESS 9.5723AC M & J ADDN SEC 3 (1-D-1) |
| Neighborhood | 1NE1 |
| Land | $7,667,431 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,667,431 |
| Improvement | $81,015,234 |
|---|---|
| Total Improvement | $81,015,234 |
| Market | $88,682,665 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $88,682,665 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $88,682,665 |
| Taxable Value | $88,682,665 |
|---|
Appreciation: Market value has risen +5488.8% from $1,586,802 (2023) to $88,682,665 (2025), a CAGR of 647.6% over 2 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 fell -15.8%, so this parcel has outpaced the broader multi-family market over the same period.
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 9% of market value ($7,667,431 land vs $81,015,234 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $88,682,665, 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 +647.6% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $2,070,755,038,121 by 2030, with an estimated annual tax burden around $0. 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 | 381,495 SF | ✓ |
Market value changed by 79% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $85,963,540 | $88,682,665 | -3.1% |
| Assessed Value | $85,963,540 | $88,682,665 | -3.1% |
| Land Value | $7,667,431 | $7,667,431 | +0.0% |
| Improvement Value | $78,296,109 | $81,015,234 | -3.4% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $85,963,540 | $85,963,540 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $85,963,540 | $7,667,431 | $78,296,109 | — | $85,963,540 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $88,682,665 | $7,667,431 | $81,015,234 | — | $88,682,665 | $— | not in county billing file ⓘ | Partial |
| 2024 | $20,556,308 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $1,586,802 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $— | — | — | — | — | $— | $26 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2025 | +148.1% ! | +148.1% | ~100% | Not available | Partial |
| 2024 | +73.9% | +73.9% | ~100% | No billing data | Verified |
| 2023 | +1195.5% ! | +4925.3% | ~100% | No billing data | Verified |
| 2022 | +79.5% ! | +28870.2% | 25.8% | No billing data | Verified |
| 2021 | base year | — | 0.2% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9931.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +507.9% | +652.3% | +1195.5% | 2024 | -3.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$662,974,362 | ~$662,974,362 | ~0.0000% | ~$0 | +647.6% |
| 2027 | ~$4,956,267,431 | ~$4,956,267,431 | ~0.0000% | ~$0 | +5488.8% |
| 2028 | ~$37,052,091,702 | ~$37,052,091,702 | ~0.0000% | ~$0 | +41680.5% |
| 2029 | ~$276,994,233,813 | ~$276,994,233,813 | ~0.0000% | ~$0 | +312243.2% |
| 2030 | ~$2,070,755,038,121 | ~$2,070,755,038,121 | ~0.0000% | ~$0 | +2334916.7% |
| 2026 | ~$661,200,708 | ~$661,200,708 | ~0.0000% | ~$0 | +645.6% |
| 2027 | ~$4,929,783,929 | ~$4,929,783,929 | ~0.0000% | ~$0 | +5458.9% |
| 2028 | ~$36,755,510,516 | ~$36,755,510,516 | ~0.0000% | ~$0 | +41346.1% |
| 2029 | ~$274,041,940,318 | ~$274,041,940,318 | ~0.0000% | ~$0 | +308914.1% |
| 2030 | ~$2,043,203,427,135 | ~$2,043,203,427,135 | ~0.0000% | ~$0 | +2303849.1% |
| 2026 | ~$664,748,015 | ~$664,748,015 | ~0.0000% | ~$0 | +649.6% |
| 2027 | ~$4,982,821,878 | ~$4,982,821,878 | ~0.0000% | ~$0 | +5518.7% |
| 2028 | ~$37,350,264,027 | ~$37,350,264,027 | ~0.0000% | ~$0 | +42016.8% |
| 2029 | ~$279,970,317,421 | ~$279,970,317,421 | ~0.0000% | ~$0 | +315599.0% |
| 2030 | ~$2,098,603,066,901 | ~$2,098,603,066,901 | ~0.0000% | ~$0 | +2366318.6% |
In 2025, this property's market value of $88,682,665 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 | $88,682,665 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $20,556,308 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,586,802 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | base yr |