12101 DESSAU RD TX 78754
| Owner | IGFB PARMER PLACE OWNER LLC |
|---|---|
| Parcel ID | 0251310509 |
| Short ID | 526815 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 331,723 SF |
| Land SF | 996,217 SF |
| Acres | 22.870 |
| Year Built | 2008 |
| Legal | LOT 2 BLK A PARMER PARK SUBD |
| Neighborhood | 08NE1 |
| Land | $5,977,303 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,977,303 |
| Improvement | $52,982,697 |
|---|---|
| Total Improvement | $52,982,697 |
| Market | $58,960,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,960,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,960,000 |
| Taxable Value | $58,960,000 |
|---|
Appreciation: Market value has risen +25.4% from $47,000,000 (2021) to $58,960,000 (2025), a CAGR of 5.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,298,703. Manor ISD is the largest single contributor, at 49.1% 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 ($5,977,303 land vs $52,982,697 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $58,960,000, 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 +5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $78,276,608 by 2030, with an estimated annual tax burden around $1,465,587. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 169,561 SF | ✓ |
| 1ST | 1st Floor | 162,162 SF | ✓ |
| 551 | PAVED AREA | 150,000 SF | ✗ |
| MISC | Miscellaneous | 8,013 SF | ✓ |
| 601 | POOL COMM'L | 1,500 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 220 SF | ✓ |
| 132 | PLBG 5-FIXT 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $637,593.44 | $637,593.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $308,960.42 | $308,960.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $221,598.21 | $221,598.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $69,586.36 | $69,586.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $60,964.64 | $60,964.64 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $1,298,703.07 | $1,298,703.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $52,530,000 | $58,960,000 | -10.9% |
| Assessed Value | $52,530,000 | $58,960,000 | -10.9% |
| Land Value | $5,977,303 | $5,977,303 | +0.0% |
| Improvement Value | $46,552,697 | $52,982,697 | -12.1% |
| Taxable Value | $52,530,000 | $58,960,000 | -10.9% |
| Total Tax 2026 = estimate |
~$1,157,070
Estimated
|
~$1,298,703
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $56,446,557 | $52,530,000 | -3,916,557 (-6.9%) |
| Taxable Value | $56,446,557 | $52,530,000 | -3,916,557 (-6.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $52,530,000 | $5,977,303 | $46,552,697 | — | $52,530,000 | $52,530,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $58,960,000 | $5,977,303 | $52,982,697 | — | $58,960,000 | $58,960,000 | ~$1,298,703 | Partial |
| 2024 | $71,760,000 | — | — | −$65,782,697 | $5,977,303 | $— | $1,291,349 | Verified |
| 2023 | $63,930,000 | — | — | −$57,952,697 | $5,977,303 | $— | $1,320,280 | Verified |
| 2022 | $47,975,000 | — | — | −$41,997,697 | $5,977,303 | $— | $1,301,650 | Verified |
| 2021 | $47,000,000 | — | — | −$41,022,697 | $5,977,303 | $— | $1,186,179 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2025 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | 2.0300% | Verified |
| 2023 | +12.2% | +12.2% | ~100% | 1.8400% | Verified |
| 2022 | +26.6% | +26.6% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.9% | +3.8% | +8.4% | +33.3% | 2023 | -17.8% | 2025 |
| Assessment Ratio | 100.0% | 40.5% | — | 100.0% | 2025 | 8.3% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,298,703 | $1,279,632 | ~$1,400,139 | $1,320,280 | 2023 | $1,186,179 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$62,398,246 | ~$62,398,246 | ~2.1366% | ~$1,333,208 | +5.8% |
| 2027 | ~$66,036,992 | ~$66,036,992 | ~2.0705% | ~$1,367,321 | +12.0% |
| 2028 | ~$69,887,932 | ~$69,887,932 | ~2.0045% | ~$1,400,879 | +18.5% |
| 2029 | ~$73,963,438 | ~$73,963,438 | ~1.9384% | ~$1,433,701 | +25.4% |
| 2030 | ~$78,276,608 | ~$78,276,608 | ~1.8723% | ~$1,465,587 | +32.8% |
| 2026 | ~$61,219,046 | ~$61,219,046 | ~2.2027% | ~$1,348,463 | +3.8% |
| 2027 | ~$63,564,646 | ~$63,564,646 | ~2.2027% | ~$1,400,129 | +7.8% |
| 2028 | ~$66,000,118 | ~$66,000,118 | ~2.2027% | ~$1,453,775 | +11.9% |
| 2029 | ~$68,528,905 | ~$68,528,905 | ~2.2027% | ~$1,509,476 | +16.2% |
| 2030 | ~$71,154,582 | ~$71,154,582 | ~2.2027% | ~$1,567,311 | +20.7% |
| 2026 | ~$63,577,446 | ~$63,577,446 | ~2.1036% | ~$1,337,399 | +7.8% |
| 2027 | ~$68,556,506 | ~$68,556,506 | ~2.0045% | ~$1,374,191 | +16.3% |
| 2028 | ~$73,925,501 | ~$73,925,501 | ~1.9054% | ~$1,408,543 | +25.4% |
| 2029 | ~$79,714,968 | ~$79,714,968 | ~1.8062% | ~$1,439,847 | +35.2% |
| 2030 | ~$85,957,836 | ~$85,957,836 | ~1.7071% | ~$1,467,415 | +45.8% |
In 2025, this property's market value of $58,960,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 113× 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 | $58,960,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $71,760,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $63,930,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $47,975,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $47,000,000 | $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.