3201 ESPERANZA XING TX 78758
| Owner | GATEWAY MCKENZIE INC |
|---|---|
| Parcel ID | 0256081002 |
| Short ID | 753265 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 130,937 SF |
| Land SF | 126,049 SF |
| Acres | 2.894 |
| Year Built | 2013 |
| Legal | LOT 2-B BLK A DOMAIN SEC 2 SUBD RESUB OF LOT 2 BLK A |
| Neighborhood | 08FNW2 |
| Land | $10,178,457 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,178,457 |
| Improvement | $65,101,543 |
|---|---|
| Total Improvement | $65,101,543 |
| Market | $75,280,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $75,280,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $75,280,000 |
| Taxable Value | $75,280,000 |
|---|
Appreciation: Market value has risen +7.9% from $69,800,000 (2021) to $75,280,000 (2025), a CAGR of 1.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,540,594. 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 14% of market value ($10,178,457 land vs $65,101,543 improvements), about $81/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $75,280,000, 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 +1.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $82,738,920 by 2030, with an estimated annual tax burden around $1,558,588. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 463,900 SF | ✗ |
| 187 | PARKING GARAGE | 150,038 SF | ✓ |
| 2ND | 2nd Floor | 47,426 SF | ✓ |
| 3RD | 3rd Floor | 47,426 SF | ✓ |
| 4TH | 4th Floor | 47,426 SF | ✓ |
| 5TH | 5th Floor | 47,426 SF | ✓ |
| 1ST | 1st Floor | 36,085 SF | ✓ |
| ADDL | Additional Floor | 11,606 SF | ✓ |
| MISC | Miscellaneous | 6,496 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 753265 | GATEWAY MCKENZIE INC | 3201 ESPERANZA XING 78758 | $74,239,087 | $74,239,087 | $0 |
| 1012700 | HOUSING AUTHORITY OF THE CITY OF | — | $10,178,457 | $10,178,457 | $0 |
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% | $438,884.46 | $438,884.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $248,576.44 | $248,576.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $178,288.51 | $178,288.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55,986.24 | $55,986.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49,049.56 | $49,049.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $970,785.21 | $970,785.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $84,417,544 | $75,280,000 | +12.1% |
| Assessed Value | $84,417,544 | $75,280,000 | +12.1% |
| Land Value | $10,178,457 | $10,178,457 | +0.0% |
| Improvement Value | — | $65,101,543 | — |
| Taxable Value | — | $75,280,000 | — |
| Exemptions | — | F | |
| Total Tax | Pending certification |
~$970,785
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $84,417,544 | $84,417,544 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $84,417,544 | $10,178,457 | — | — | $84,417,544 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $75,280,000 | $10,178,457 | $65,101,543 | — | $75,280,000 | $75,280,000 | ~$970,785 | Partial |
| 2024 | $75,500,000 | — | — | −$65,321,543 | $10,178,457 | $— | $1,533,088 | Verified |
| 2023 | $75,000,000 | — | — | −$64,821,543 | $10,178,457 | $— | $1,368,446 | Verified |
| 2022 | $67,100,000 | — | — | −$59,316,474 | $7,783,526 | $— | $1,482,726 | Verified |
| 2021 | $69,800,000 | — | — | −$62,615,207 | $7,184,793 | $— | $1,464,115 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2025 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2024 | +7.7% | +7.7% | ~100% | 1.8300% | Verified |
| 2023 | +1.9% | +1.9% | ~100% | 1.7500% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.1% | +4.1% | -0.3% | +12.1% | 2026 | -3.9% | 2022 |
| Assessment Ratio | 100.0% | 41.5% | — | 100.0% | 2025 | 10.3% | 2021 |
| Effective Tax Rate (2025) | 0.1700% | 0.1700% | — | 0.1700% | 2025 | 0.1700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$970,785 | $1,363,832 | ~$1,552,225 | $1,533,088 | 2024 | $970,785 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$76,715,948 | ~$76,715,948 | ~2.0139% | ~$1,545,010 | +1.9% |
| 2027 | ~$78,179,287 | ~$78,179,287 | ~1.9814% | ~$1,549,035 | +3.9% |
| 2028 | ~$79,670,538 | ~$79,670,538 | ~1.9488% | ~$1,552,651 | +5.8% |
| 2029 | ~$81,190,235 | ~$81,190,235 | ~1.9163% | ~$1,555,841 | +7.9% |
| 2030 | ~$82,738,920 | ~$82,738,920 | ~1.8837% | ~$1,558,588 | +9.9% |
| 2026 | ~$75,210,348 | ~$75,210,348 | ~2.0465% | ~$1,539,168 | -0.1% |
| 2027 | ~$75,140,761 | ~$75,140,761 | ~2.0465% | ~$1,537,744 | -0.2% |
| 2028 | ~$75,071,238 | ~$75,071,238 | ~2.0465% | ~$1,536,322 | -0.3% |
| 2029 | ~$75,001,779 | ~$75,001,779 | ~2.0465% | ~$1,534,900 | -0.4% |
| 2030 | ~$74,932,385 | ~$74,932,385 | ~2.0465% | ~$1,533,480 | -0.5% |
| 2026 | ~$78,221,548 | ~$78,221,548 | ~1.9977% | ~$1,562,602 | +3.9% |
| 2027 | ~$81,278,037 | ~$81,278,037 | ~1.9488% | ~$1,583,978 | +8.0% |
| 2028 | ~$84,453,957 | ~$84,453,957 | ~1.9000% | ~$1,604,639 | +12.2% |
| 2029 | ~$87,753,975 | ~$87,753,975 | ~1.8512% | ~$1,624,496 | +16.6% |
| 2030 | ~$91,182,941 | ~$91,182,941 | ~1.8024% | ~$1,643,455 | +21.1% |
In 2025, this property's market value of $75,280,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 145× 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 | $75,280,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $75,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $75,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $67,100,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $69,800,000 | $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.