12600 MCCALLEN PASS TX 78754
| Owner | KARLIN PARMER 9.1 LLC |
|---|---|
| Parcel ID | 0258260109 |
| Short ID | 845795 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 311,850 SF |
| Land SF | 788,119 SF |
| Acres | 18.093 |
| Year Built | 2024 |
| Legal | LOT 8-9 BLK A TECH RIDGE CENTER PHS III REPLAT OF LOTS 7-9 |
| Neighborhood | 1NE1 |
| Land | $15,762,380 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,762,380 |
| Improvement | $63,437,620 |
|---|---|
| Total Improvement | $63,437,620 |
| Market | $79,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $79,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $79,200,000 |
| Taxable Value | $79,200,000 |
|---|
Appreciation: Market value has risen +651.8% from $10,534,899 (2021) to $79,200,000 (2025), a CAGR of 65.6% over 4 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 rose +37.9%, 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 $1,764,723. 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 20% of market value ($15,762,380 land vs $63,437,620 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $79,200,000, 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 +65.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $985,924,567 by 2030, with an estimated annual tax burden around $2,403,970. 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 | 311,850 SF | ✓ |
Market value changed by 353% in 2024, 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% | $876,664.80 | $876,664.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $415,021.46 | $415,021.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $297,669.24 | $297,669.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $93,474.22 | $93,474.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $81,892.80 | $81,892.80 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,764,722.52 | $1,764,722.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $85,510,000 | $79,200,000 | +8.0% |
| Assessed Value | $85,510,000 | $79,200,000 | +8.0% |
| Land Value | $15,762,380 | $15,762,380 | +0.0% |
| Improvement Value | $69,747,620 | $63,437,620 | +9.9% |
| Taxable Value | $85,510,000 | $79,200,000 | +8.0% |
| Total Tax 2026 = estimate |
~$1,905,321
Estimated
|
~$1,764,723
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $92,880,798 | $85,510,000 | -7,370,798 (-7.9%) |
| Taxable Value | $92,880,798 | $85,510,000 | -7,370,798 (-7.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $85,510,000 | $15,762,380 | $69,747,620 | — | $85,510,000 | $85,510,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $79,200,000 | $15,762,380 | $63,437,620 | — | $79,200,000 | $79,200,000 | ~$1,764,723 | Partial |
| 2024 | $12,480,292 | — | — | — | $17,374,816 ! | $— | $1,034,656 | Verified |
| 2023 | $— | — | — | — | $10,424,889 | $— | $256,963 | Verified |
| 2022 | $— | — | — | — | $10,534,899 | $— | $234,674 | Verified |
| 2021 | $10,534,899 | — | — | — | $10,534,899 | $— | $219,080 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.3% | +17.3% | ~100% | Not available | Partial |
| 2025 | +40.1% | +40.1% | ~100% | Not available | Partial |
| 2024 | +353.0% ! | +353.0% | ~100% | 1.8300% | Verified |
| 2023 | +18.5% | +18.5% | ~100% | 2.0600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.2300% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +651.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.0% | +187.0% | +63.1% | +534.6% | 2025 | +8.0% | 2026 |
| Assessment Ratio | 100.0% | 109.8% | — | 139.2% | 2024 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,764,723 | $1,006,153 | ~$2,137,127 | $1,764,723 | 2025 | $219,080 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$131,144,138 | ~$87,120,000 | ~2.1595% | ~$1,881,345 | +65.6% |
| 2027 | ~$217,156,375 | ~$95,832,000 | ~2.0908% | ~$2,003,644 | +174.2% |
| 2028 | ~$359,580,627 | ~$105,415,200 | ~2.0221% | ~$2,131,590 | +354.0% |
| 2029 | ~$595,415,295 | ~$115,956,720 | ~1.9534% | ~$2,265,088 | +651.8% |
| 2030 | ~$985,924,567 | ~$127,552,392 | ~1.8847% | ~$2,403,970 | +1144.9% |
| 2026 | ~$129,560,138 | ~$87,120,000 | ~2.2282% | ~$1,941,195 | +63.6% |
| 2027 | ~$211,942,290 | ~$95,832,000 | ~2.2282% | ~$2,135,314 | +167.6% |
| 2028 | ~$346,707,984 | ~$105,415,200 | ~2.2282% | ~$2,348,846 | +337.8% |
| 2029 | ~$567,165,837 | ~$115,956,720 | ~2.2282% | ~$2,583,730 | +616.1% |
| 2030 | ~$927,804,092 | ~$127,552,392 | ~2.2282% | ~$2,842,103 | +1071.5% |
| 2026 | ~$132,728,138 | ~$87,120,000 | ~2.1251% | ~$1,851,420 | +67.6% |
| 2027 | ~$222,433,821 | ~$95,832,000 | ~2.0221% | ~$1,937,809 | +180.9% |
| 2028 | ~$372,768,016 | ~$105,415,200 | ~1.9190% | ~$2,022,962 | +370.7% |
| 2029 | ~$624,707,130 | ~$115,956,720 | ~1.8160% | ~$2,105,767 | +688.8% |
| 2030 | ~$1,046,921,896 | ~$127,552,392 | ~1.7129% | ~$2,184,904 | +1221.9% |
In 2025, this property's market value of $79,200,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 152× 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 | $79,200,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $12,480,292 | $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% |
| 2021 | $10,534,899 | $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.