11501 1/2 BURNET RD 78758
| Owner | ONE UPTOWN MULTIFAMILY PROPERTY LP |
|---|---|
| Parcel ID | 0256081703 |
| Short ID | 960043 |
| Type | Real |
| Use Code | 108 Luxury Hi-Rise Apts 100+ |
| Valuation | Income |
| Improvement SF | 368,280 SF |
| Land SF | 82,394 SF |
| Acres | 1.892 |
| Year Built | 2024 |
| Legal | ONE UPTOWN CONDOMINIUM UNT MULTIFAMILY UNIT PLUS 45.00% INT IN COM AREA |
| Neighborhood | NO2 |
| Land | $5,355,587 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,355,587 |
| Improvement | $115,034,413 |
|---|---|
| Total Improvement | $115,034,413 |
| Market | $120,390,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $120,390,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $120,390,000 |
| Taxable Value | $120,390,000 |
|---|
Appreciation: Market value has risen +1729.3% from $6,581,249 (2023) to $120,390,000 (2025), a CAGR of 327.7% 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.
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 $2,463,763. 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 4% of market value ($5,355,587 land vs $115,034,413 improvements), about $65/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $120,390,000, 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 +327.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $172,304,112,922 by 2030, with an estimated annual tax burden around $3,245,765,804. 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 | 368,280 SF | ✓ |
Market value changed by 423% 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% | $1,113,848.28 | $1,113,848.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $630,864.07 | $630,864.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $452,479.80 | $452,479.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $142,087.89 | $142,087.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $124,483.26 | $124,483.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,463,763.30 | $2,463,763.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $104,920,000 | $120,390,000 | -12.8% |
| Assessed Value | $104,920,000 | $120,390,000 | -12.8% |
| Land Value | $5,355,587 | $5,355,587 | +0.0% |
| Improvement Value | $99,564,413 | $115,034,413 | -13.4% |
| Taxable Value | $104,920,000 | $120,390,000 | -12.8% |
| Total Tax 2026 = estimate |
~$2,147,172
Estimated
|
~$2,463,763
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $115,779,022 | $104,920,000 | -10,859,022 (-9.4%) |
| Taxable Value | $115,779,022 | $104,920,000 | -10,859,022 (-9.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $104,920,000 | $5,355,587 | $99,564,413 | — | $104,920,000 | $104,920,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $120,390,000 | $5,355,587 | $115,034,413 | — | $120,390,000 | $120,390,000 | ~$2,463,763 | Partial |
| 2024 | $34,434,790 | — | — | −$29,079,203 | $5,355,587 | $— | $1,823,120 | Verified |
| 2023 | $6,581,249 | — | — | −$1,225,662 | $5,355,587 | $— | $623,010 | Verified |
| 2022 | $— | — | — | — | $5,355,587 | $— | $129,975 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2025 | +29.8% | +29.8% | ~100% | Not available | Partial |
| 2024 | +169.4% ! | +169.4% | ~100% | 1.9700% | Verified |
| 2023 | +423.2% ! | +423.2% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1729.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.8% | +220.0% | +340.3% | +423.2% | 2024 | -12.8% | 2026 |
| Assessment Ratio | 100.0% | 74.2% | — | 100.0% | 2025 | 15.6% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,463,763 | $1,636,631 | ~$851,066,832 | $2,463,763 | 2025 | $623,010 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$514,910,159 | ~$514,910,159 | ~2.0139% | ~$10,369,964 | +327.7% |
| 2027 | ~$2,202,279,856 | ~$2,202,279,856 | ~1.9814% | ~$43,635,709 | +1729.3% |
| 2028 | ~$9,419,189,890 | ~$9,419,189,890 | ~1.9488% | ~$183,564,893 | +7723.9% |
| 2029 | ~$40,286,041,732 | ~$40,286,041,732 | ~1.9163% | ~$771,997,792 | +33362.9% |
| 2030 | ~$172,304,112,922 | ~$172,304,112,922 | ~1.8837% | ~$3,245,765,804 | +143021.6% |
| 2026 | ~$512,502,359 | ~$512,502,359 | ~2.0465% | ~$10,488,284 | +325.7% |
| 2027 | ~$2,181,731,606 | ~$2,181,731,606 | ~2.0465% | ~$44,648,810 | +1712.2% |
| 2028 | ~$9,287,670,028 | ~$9,287,670,028 | ~2.0465% | ~$190,070,774 | +7614.7% |
| 2029 | ~$39,537,775,555 | ~$39,537,775,555 | ~2.0465% | ~$809,134,646 | +32741.4% |
| 2030 | ~$168,313,009,737 | ~$168,313,009,737 | ~2.0465% | ~$3,444,500,497 | +139706.5% |
| 2026 | ~$517,317,959 | ~$517,317,959 | ~1.9977% | ~$10,334,266 | +329.7% |
| 2027 | ~$2,222,924,418 | ~$2,222,924,418 | ~1.9488% | ~$43,321,229 | +1746.4% |
| 2028 | ~$9,551,945,537 | ~$9,551,945,537 | ~1.9000% | ~$181,488,565 | +7834.2% |
| 2029 | ~$41,044,878,891 | ~$41,044,878,891 | ~1.8512% | ~$759,820,335 | +33993.3% |
| 2030 | ~$176,370,570,449 | ~$176,370,570,449 | ~1.8024% | ~$3,178,852,455 | +146399.4% |
In 2025, this property's market value of $120,390,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 232× 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 | $120,390,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $34,434,790 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,581,249 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +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.