11411 RESEARCH BLVD TX 78759
| Owner | WESTDALE WIND RIVER CROSSING TX LP |
|---|---|
| Parcel ID | 0259021101 |
| Short ID | 263428 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 241,792 SF |
| Land SF | 571,942 SF |
| Acres | 13.130 |
| Year Built | 1982 |
| Legal | LOT 1 * LESS .418A RYLANDER SUBD TRT 3 MESA PARK SEC 5 |
| Neighborhood | 08FNW |
| Land | $11,438,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,438,840 |
| Improvement | $28,671,160 |
|---|---|
| Total Improvement | $28,671,160 |
| Market | $40,110,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,110,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,110,000 |
| Taxable Value | $40,110,000 |
|---|
Appreciation: Market value has risen +15.3% from $34,780,000 (2021) to $40,110,000 (2025), a CAGR of 3.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $820,845. 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 29% of market value ($11,438,840 land vs $28,671,160 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $40,110,000, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $47,935,418 by 2030, with an estimated annual tax burden around $902,980. 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.
30 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 339,095 SF | ✗ |
| 551 | PAVED AREA | 164,947 SF | ✗ |
| 2ND | 2nd Floor | 111,244 SF | ✓ |
| 1ST | 1st Floor | 101,704 SF | ✓ |
| 591 | MASONRY TRIM SF | 75,000 SF | ✗ |
| 3RD | 3rd Floor | 28,844 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 25,921 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 16,948 SF | ✗ |
| 601 | POOL COMM'L | 13,502 SF | ✗ |
| 412 | TENNIS COURT | 7,080 SF | ✗ |
| 581C | STORAGE ATT COMM | 6,824 SF | ✓ |
| 611 | TERRACE | 2,894 SF | ✗ |
| 511 | DECK | 2,608 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,604 SF | ✗ |
| 541 | FENCE COMM LF | 1,212 SF | ✗ |
| 501 | CANOPY | 956 SF | ✗ |
| MISC | Miscellaneous | 14 SF | ✓ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| 521 | FIREPLACE | 3 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 549 | FENCE COMM FV | 1 SF | ✗ |
| 579 | STORAGE DET FV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $371,097.72 | $371,097.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $210,183.22 | $210,183.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $150,751.43 | $150,751.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $47,339.03 | $47,339.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $41,473.74 | $41,473.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $820,845.14 | $820,845.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $38,790,000 | $40,110,000 | -3.3% |
| Assessed Value | $38,790,000 | $40,110,000 | -3.3% |
| Land Value | $11,438,840 | $11,438,840 | +0.0% |
| Improvement Value | $27,351,160 | $28,671,160 | -4.6% |
| Taxable Value | $38,790,000 | $40,110,000 | -3.3% |
| Total Tax 2026 = estimate |
~$793,832
Estimated
|
~$820,845
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $42,991,909 | $38,790,000 | -4,201,909 (-9.8%) |
| Taxable Value | $42,991,909 | $38,790,000 | -4,201,909 (-9.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $38,790,000 | $11,438,840 | $27,351,160 | — | $38,790,000 | $38,790,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $40,110,000 | $11,438,840 | $28,671,160 | — | $40,110,000 | $40,110,000 | ~$820,845 | Partial |
| 2024 | $43,700,000 | — | — | −$32,261,160 | $11,438,840 | $— | $901,725 | Verified |
| 2023 | $39,200,000 | — | — | −$32,336,696 | $6,863,304 | $— | $796,360 | Verified |
| 2022 | $34,900,000 | — | — | −$28,036,696 | $6,863,304 | $— | $776,933 | Verified |
| 2021 | $34,780,000 | — | — | −$27,916,696 | $6,863,304 | $— | $707,864 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | -11.8% | -11.8% | ~100% | Not available | Partial |
| 2024 | -10.6% | -10.6% | ~100% | 1.9800% | Verified |
| 2023 | +21.1% | +21.1% | ~100% | 1.5700% | Verified |
| 2022 | +20.3% | +20.3% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.3% | +2.5% | +4.3% | +12.3% | 2023 | -8.2% | 2025 |
| Assessment Ratio | 100.0% | 47.2% | — | 100.0% | 2025 | 17.5% | 2023 |
| 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 |
$820,845 | $800,746 | ~$869,973 | $901,725 | 2024 | $707,864 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$41,565,541 | ~$41,565,541 | ~2.0139% | ~$837,104 | +3.6% |
| 2027 | ~$43,073,901 | ~$43,073,901 | ~1.9814% | ~$853,461 | +7.4% |
| 2028 | ~$44,636,998 | ~$44,636,998 | ~1.9488% | ~$869,903 | +11.3% |
| 2029 | ~$46,256,817 | ~$46,256,817 | ~1.9163% | ~$886,415 | +15.3% |
| 2030 | ~$47,935,418 | ~$47,935,418 | ~1.8837% | ~$902,980 | +19.5% |
| 2026 | ~$40,763,341 | ~$40,763,341 | ~2.0465% | ~$834,216 | +1.6% |
| 2027 | ~$41,427,323 | ~$41,427,323 | ~2.0465% | ~$847,804 | +3.3% |
| 2028 | ~$42,102,121 | ~$42,102,121 | ~2.0465% | ~$861,614 | +5.0% |
| 2029 | ~$42,787,911 | ~$42,787,911 | ~2.0465% | ~$875,648 | +6.7% |
| 2030 | ~$43,484,871 | ~$43,484,871 | ~2.0465% | ~$889,911 | +8.4% |
| 2026 | ~$42,367,741 | ~$42,367,741 | ~1.9977% | ~$846,364 | +5.6% |
| 2027 | ~$44,752,566 | ~$44,752,566 | ~1.9488% | ~$872,156 | +11.6% |
| 2028 | ~$47,271,631 | ~$47,271,631 | ~1.9000% | ~$898,169 | +17.9% |
| 2029 | ~$49,932,491 | ~$49,932,491 | ~1.8512% | ~$924,347 | +24.5% |
| 2030 | ~$52,743,127 | ~$52,743,127 | ~1.8024% | ~$950,627 | +31.5% |
In 2025, this property's market value of $40,110,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 77× 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 | $40,110,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $43,700,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $39,200,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $34,900,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $34,780,000 | $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.